Steel companies seek level field of global competition

Youngstown Vindicator

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Competition in the steel industry is intense, which is why problems arise when someone attempts to gain an advantage.

Over the past few years there have been allegations against China and South Korea of steel dumping, which is selling products at prices as low as or lower than the material costs, due to subsidies from foreign governments.

Sen. Sherrod Brown, D-Ohio, is among those leading the attempts to have tariffs placed against countries that dump steel into the U.S.

The effort started because companies and unions in the Mahoning Valley were talking about issues in the industry, he said.

“Our companies can compete when there is a level playing field,” Brown said.

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Steel companies seek level field of global competition  »