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Article: Is the United States the world's dumping ground for steel? Recent influxes in steel imports in the United States, the effects, and the possible remedies.
- Article from:
- Houston Journal of International Law
- Article date:
- January 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Houston Journal of International Law. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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I. INTRODUCTION
Due to the repercussions from the tragic events of September 11, 2001, it is even more imperative that the general public be made aware of the current U.S. steel crisis. The economic devastation suffered in the United States resulting from the tragedy could be ameliorated by resurgence in the U.S. steel industry. Significant indications of the crisis began to emerge in 1998 when the American steel industry saw a strong U.S. steel market severely disrupted by record levels of increased imports at low prices. (1) To date, the American steel industry has suffered tremendously: thirty-five steel companies have filed for bankruptcy, (2) more than fifty ...