We are asking Congress to support an effective steel import monitoring system, legislative changes as required, and to enact legislation in this new Session that will strengthen our trade laws in a manner consistent with the World Trade Organization. We look forward to the continuing and much appreciated support of the Congressional Steel Caucus to help bring about this trade law change. The steel industry has long been a supporter of open, market and rule- based trade. Our trade laws need to be firmly enforced to prevent unfairly traded imports from injuring American workers and industries. In this regard, we welcome the preliminary findings by the Commerce Department that set substantial antidumping margins on hot-rolled steel products from Japan and Brazil and countervailing duty margins on products from Brazil.
Extraordinary times require extraordinary measures.
We urge the Administration to continue to work toward a more comprehensive plan to address effectively the serious injury being caused to our industry and the record levels of unfair and disruptive imports.