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US steel producer demands imports from India be restricted
New York, Apr 26: A US steel maker has asked the Bush administration to restrict imports of the product from India, contending that the industry here was being `seriously injured` as a result of increasing imports.
New York, Apr 26: A US steel maker has asked the Bush administration to restrict imports of the product from India, contending that the industry here was being "seriously injured" as a result of increasing imports.
The Specialty Steel Industry of North America (SSINA) demanded that India be placed on a US list of 'temporary safeguards relief programme'.
"The imports of stainless steel long products from India have surged since March 5 last year when President George W Bush announced that it would be excluded from the programme," the company said in a statement yesterday.
It said Bush had promised that if imports from the excluded countries threatened to undermine safeguard measures, the programme would be modified to include them.
"The time has now come to include India in the programme," the company said. SSINA chairman Paul A Kelly claimed that last year, Indian government representatives had informed the office of the US trade representative that they were aware of the surge in exports of stainless steel long products and promised to end it beginning this January.
"But regrettably, the Indian government and its steel producers have "not lived up to their promises," he said.
"Imports of Indian long products in January and February 2003 were triple the monthly average in 2001 and about 37 per cent greater than 2002, a year in which imports surged dramatically," Kelly said. Bureau Report
It said Bush had promised that if imports from the excluded countries threatened to undermine safeguard measures, the programme would be modified to include them.
"The time has now come to include India in the programme," the company said. SSINA chairman Paul A Kelly claimed that last year, Indian government representatives had informed the office of the US trade representative that they were aware of the surge in exports of stainless steel long products and promised to end it beginning this January.
"But regrettably, the Indian government and its steel producers have "not lived up to their promises," he said.
"Imports of Indian long products in January and February 2003 were triple the monthly average in 2001 and about 37 per cent greater than 2002, a year in which imports surged dramatically," Kelly said. Bureau Report