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FOR IMMEDIATE RELEASE:
June 5, 2001
| Contact: |
Meg Mullery |
202.342.8439 |
SPECIALTY STEEL INDUSTRY REACTION TO
PRESIDENT'S
TRADE INITIATIVES ON STEEL
(Washington, DC) -- The Specialty Steel Industry of
North America (SSINA) issued the following statement from its
Chairman, H.L. Kephart, also President and Chief Executive
Officer of G.O. Carlson, Inc., a specialty steel producer in
Thorndale, Pennsylvania.
STATEMENT
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The Specialty Steel Industry of North America
welcomes and supports the initiatives announced by the
President today. This program includes key features of
our recommendations to the Administration earlier this
year, such as section 201 cases, measures to reduce
global overcapacity, and negotiations with our trading
partners to eliminate market-distorting practices such
as government subsidies. U.S. producers of stainless
steel and other specialty steels look forward to working
with the Bush Administration in the implementation of
these initiatives. We wish to thank in particular
President Bush, Secretary of the Treasury Paul O'Neill,
Secretary of Commerce Donald Evans and United States
Trade Representative Robert Zoellick for their
extraordinary personal efforts to come to grips with the
trade problems facing the steel industry. From the
earliest days of the new Administration, they recognized
the urgency of the situation and worked with us to
develop solutions designed to address both short- and
long-term issues. |
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SSINA is a Washington, DC-based trade association
representing virtually all continental specialty steel
producers. Specialty steels are high technology, high value
stainless and other specialty alloy products.
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