Trade Cases
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/balance.png)
Steel groups cheer 'Prove It' Act introduced in House of Representatives
Written by Ethan Bernard
July 9, 2024
Steel trade associations applauded Monday’s introduction of the “Prove It Act” into the House of Representatives.
Reps. John Curtis (R-Utah) and Scott Peters (D-Calif.) introduced the legislation, known officially as the “Providing Reliable, Objective, Verifiable Emissions Intensity and Transparency Act.”
“We should embrace the fact that American industries produce cleaner and with better standards than anywhere else in the world,” Rep. Curtis said in a statement on Monday.
‘Prove It’ Act
The bill would require “the Secretary of Energy to conduct a study and submit a report on the greenhouse-gas emissions intensity of certain products produced in the United States and in certain foreign countries, and for other purposes,” the proposed legislation says.
Steel and steel products are included among the goods to be compared between the US and other nations.
The Department of Energy, in coordination with other federal agencies, would be required to publish the study within two years.
“The legislation explicitly states that it does not provide any authority to impose new taxes or establish new mandatory reporting requirements on domestic production,” the statement from Rep. Curtis’ office noted.
Other products that the legislation would require to have their GHGs tracked include aluminum, articles of aluminum, articles of cement, articles of plastic, biofuels, cement, crude oil, fertilizer, glass, hydrogen, lithium-ion batteries, natural gas, petrochemicals, plastics, pulp and paper, refined strategic and critical minerals, refined petroleum products, solar cells and panels, uranium, and wind turbines.
A similar Senate version of the legislation passed the Senate Environment and Public Works Committee in January.
AISI backing
“Trade-distorting policies in many countries continue to contribute to massive global overcapacity in steel,” Kevin Dempsey, president and CEO of AISI, said in a statement on Monday.
He noted that countries like China, India, Indonesia, and other Southeast Asian nations produce more carbon emissions-intensive steel than the US.
“We need policies to demonstrate this current imbalance in emissions and hold the high-emitting producers from overseas accountable for their much higher carbon emissions,” Dempsey said.
He added that the “Prove It” Act would do this “by creating an official source to verify the superior carbon efficiency of vital American industries, like steel, and give policymakers the data needed to make the case for action.”
SMA support
Likewise, Philip K. Bell, president of the Steel Manufacturers Association (SMA), praised the action.
“SMA supports the bipartisan ‘Prove It’ Act because we know that it will demonstrate conclusively that American steel has the lowest carbon emissions in the world,” he told SMU in a statement on Monday.
Bell said SMA looks forward to working with Congress “to make sure we get the best bill possible.”
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/SMU_EB_headshot.png.jpg-150x150.png)
Ethan Bernard
Read more from Ethan BernardLatest in Trade Cases
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/galvanized_coil.png)
Leibowitz: The consequences of a new barrage of trade cases on coated steel
Domestic steel producers and the United Steelworkers (USW) union filed a barrage of trade cases last week. This is hardly news. Ever since the Commerce Department ruled that Vietnam is still treated as a nonmarket economy (NME) for antidumping purposes, many in the business expected new cases on the product that Vietnam excels at—“corrosion-resistant steel.” Nor is it a surprise that these cases roped in nine countries in addition to Vietnam: Australia, Brazil, Canada, Mexico, the Netherlands, South Africa, Taiwan, Turkey, and the United Arab Emirates. All these countries rank in the top ten exporters of corrosion-resistant steel to the United States. These petitions are a broadside against coated flat-rolled steel imports.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/investigate.png)
Coated trade case alleges hefty dumping margins
Domestic mills have alleged substantial dumping margins in the trade case targeting imports of corrosion-resistant steel.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/fist.png)
US mills file sprawling trade case against coated imports from 10 nations
US mills have filed or soon will file a sprawling trade petition against imports of coated flat-rolled steel from 10 countries. The petition seeks anti-dumping margins against Canada, Mexico, Brazil, the Netherlands, Turkey, the United Arab Emirates, Vietnam, Taiwan, Australia, and South Africa. It also seeks countervailing duty margins against Canada, Mexico, Brazil, and Vietnam. That’s according documents dated Sept. 5 and addressed to Commerce Secretary Gina Raimondo and International Trade Commission (ITC) Secretary Lisa Barton.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/cbd2ad03f626e665deb71b2742b25bbb.jpg)
Steel Summit 2024: Trade issues abound ahead of election
Trade is always front and center in an election year. And 2024 is no different. There is no shortage of issues, with questions like the sale of U.S. Steel to Japan’s Nippon Steel, potential cracks in the USMCA, and Chinese overcapacity dominating the headlines. But how do you distinguish between issues that might just last until November, and what are the crucial questions that could affect your business for years to come?
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/fist.png)
US senators urge reduction to S. Korean OCTG quota
https://www.brown.senate.gov/newsroom/press/release/sherrod-brown-casey-fetterman-biden-administration-level-playing-field-american-octg-industry