China has a history of sending dumped, injurious steel exports to American shores.
In response, we request that the 107th Congress review the current 'economic impact' procedures that Exim uses in determining whether to provide financing support, and we urge the incoming Bush Administration to seek greater multilateral discipline on official financing support for projects that increase steelmaking capacity. But AISI believes that no government should be involved in helping China build up further its steelmaking capacity. The American Iron and Steel Institute is a non-profit association of North American companies engaged in the iron and steel industry. The Institute is comprised of 45 member companies, including integrated and electric furnace steelmakers, and 158 associate and affiliate members who are suppliers to or customers of the steel industry.