| Trade Issue | ||
| US steel industry urges government to stand up to China - 21 Nov, 2008 | ||
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United Steelworkers, American Iron & Steel Institute, Steel Manufacturer's Association, Specialty Steel Industry of North America and Committee on Pipe & Tube Imports have announced the following joint statement: 1. The Chinese government should stop manipulating currency, export tax and rebate policies. The US government should insist that China have WTO consistent policies on raw materials, semi finished and finished steel products to ensure that no US manufacturers are disadvantaged. 2. During a worldwide economic recession, China should not try to maintain economic growth by directing subsidized exports to the US 3. China should stop subsidizing excess, redundant, inefficient and highly polluting steel capacity 4. It is more important than ever that the US government vigorously enforce our nation’s laws against unfair trade and that the United States stand up against China at the World Trade Organization to combat China’s WTO illegal practices and its efforts to evade US enforcement of countervailing duty law. 5. The US government should, at this time of economic crisis, execute leadership in the global trade arena to ensure that China and all countries follow rules based trade. At stake are millions of US manufacturing jobs and the future of hundreds of US communities. | ||
| News And Trends | ||
 | Indian iron ore spot prices decline last week | |
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| Indian iron ore spot prices decline last week | |
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| Indian iron ore spot prices decline last week | |
