U. S. Steel president and CEO, steel industry leaders press Congress to halt unfair trade practices
WASHINGTON, D.C. -- Earlier this week, United States Steel Corporation President and CEO Mario Longhi joined fellow steel industry executives and Leo Gerard, international president of the United Steelworkers, in pressing Congress to maintain America’s economic and national security by halting unfair trade practices and enforcing the country’s trade laws.
While testifying before the Congressional Steel Caucus, Longhi emphasized that the issue of fair trade is “a matter of utmost importance to our employees, our company, our industry and our country.” U. S. Steel employs more than 24,000 employees domestically, and is the nation’s largest producer of tubular products headquartered in the U.S. The company’s domestic position in the tubular market makes the “alarmingly rapid and intense surge of imported OCTG (oil country tubular goods) products into the market” to be of particular concern, he stated.
Longhi made the point to discuss the ongoing trade case that U. S. Steel and others have brought before the U.S. Department of Commerce, the importance of ending the illegal dumping of OCTG products and the recent zero-margin preliminary decision in the case.