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    Analysis

    Leibowitz: Steel and aluminum intensity—the trade implications

    Written by Lewis Leibowitz


    This year saw a huge increase in debate and proposals for addressing greenhouse-gas emissions, not only here in the US but around the world.

    All the angst about a climate catastrophe, including rising sea levels, more intense and frequent hurricanes, etc., has not led the world closer to an effective program to do something about it. The global climate conference (COP 28 in Dubai) reflects that reality. While many world leaders are attending, China’s President Xi and US President Biden are not.

    Lewis Leibowitz, SMU Contributor

    Lewis Leibowitz

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    Price on Trade: Milwaukee Framework is a step forward on steel excess capacity

    Members of the Global Forum on Steel Excess Capacity (GFSEC) met in Wisconsin last week and unveiled an updated plan to combat market-distorting excess capacity. The Milwaukee Framework adds color to the 2017 “Berlin Principles.” It is also a positive step in the ongoing battle against global steel market distortions. However, the Framework is only a guidepost. It must be implemented correctly to make an impact as new problems loom.