- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
U.S. Steel, ISG hail SIMA extension
- March 10, 2005
- News Release
- Metals/Materials
United States Steel Corp. (U.S. Steel) and International Steel Group (ISG) welcomed the news that the Steel Import Monitoring and Analysis (SIMA) system will be extended and soon expanded to cover a wider range of steel products through 2009.
U.S. Steel President and CEO John P. Surma said, "This news reflects the fact that President Bush, Commerce Secretary Gutierrez, and the Congressional Steel Caucus all recognize the important role this program has played in restoring confidence and stability to the U.S. steel market. We are especially pleased that Secretary Gutierrez will make extension of this program one of his first official acts.
"Markets work best when information is available, accurate, and timely. The Steel Import Monitoring and Analysis system helps U.S. steel producers, service centers, and consumers plan and efficiently manage their businesses. This system informs steel buyers and sellers— both importers and exporters—of major steel market trends in a timely manner," said Surma.
Wilbur L. Ross, ISG chairman said, "I applaud the decision by the Administration to extend the steel licensing program for four more years. While this will have no near-term effect on steel prices, it will assure that the Administration receives timely information for considering future situations."
The Steel Import Monitoring and Analysis system originally was implemented by the Bush Administration to facilitate administration of the Section 201 tariffs imposed—and later lifted—by President Bush. Other nations, including Canada, European Union and China, utilize similar data collection systems to monitor or license trade in their respective steel sectors.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscription- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/30/2024
- Running Time:
- 53:00
Seth Feldman of Iowa-based Wertzbaugher Services joins The Fabricator Podcast to offer his take as a Gen Zer...
- Trending Articles
JM Steel triples capacity for solar energy projects at Pennsylvania facility
Fabricating favorite childhood memories
How laser and TIG welding coexist in the modern job shop
Robotic welding sets up small-batch manufacturer for future growth
Ultra Tool and Manufacturing adds 2D laser system
- Industry Events
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI
Precision Press Brake Certificate Course
- July 31 - August 1, 2024
- Elgin,