American steelmakers warn world glut a threat to US national security-The 18th China(Guangzhou)Int¡¯l Metal &Me tallurgy Exhibition 5/26/2017 ½ðÊôÕ¹-Ò±½ðÕ¹-¸ÖÌúÕ¹-steel expo-metal &metallurgy expo
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ports, which ¡°is a very dangerous proposition¡±
The meeting is part of the Commerce Department¡¯s Section 232 investigation of the effects imported steel have on national security that Commerce Secretary Wilbur Ross initiated last month. Section 232 is a seldom used part of the 55-year-old Trade Expansion Act that¡¯s resulted in more than a dozen investigations since the 1980s into areas like machine tools and circuit ceramic packaging developed by the defence department.
The testimonies come as American steel producers are benefiting from a raft of trade cases last year that helped boost many companies to their biggest gains in at least a decade.
-The 18th China(Guangzhou)Int¡¯l Metal &Metallurgy Exhibition