A world made of metal


Steel tariffs are needed to be lowered from Auto Parts Industry

Some of the automotive suppliers from U.S.have not felt relief from the existed
have demanded for exclusions from the highguidelines of the administration's exclusion
tariffs which were mostly agreed by the Bushprocess.
administration and almost all companies filed
range from Tier ! producers to the small TierThe process has described mainly speciality
3  Producers.forms of steel from abroad which could not
been created or bought from the U.S. market.
Motor& Equipment Manufacturers AssociationThe U.S. steel producers have reached
(also named MEMA), taking into account theexclusion in the first tour for importing
possibilities of serious job losses hasslabs and flat-rolled steel products at low
required for an expand of existent guidelinesprices, while steel costumers have gained
of the second stage of exclusions and 'tominimal relief. Moreover, competitors from
consider the critical factors of price andabroad have gained a more powerful control
supply  steel  as  part  of its decisions''s.over the U.S. market by buying steel at
normal prices and by exporting finished or
Despite the fact that MEMA is prone topartially finished products at lower tariffs.
support an existent of domestic steel
industry, its tariffs had a strong negativeMEMA claims is heavily concerned by the fact
effect on the automotive suppliers, accordingthat high steel prices will threaten the
to Chris Bates the president of MEMA. Thisviability of a powerful American
supply constraints and the increases in pricemanufacturing center' without a secure supply
which are generally a result of the highof raw materials and a steady cost structure,
steel tariffs are now obliging large Tier 1U.S. auto parts and components manufacturers
Automotive suppliers to start creating orwill not be able to secure future business
buying components that they have previouslyand to ensure their competitive stance in the
created  and  purchased from foreign sources.global  automotive  industry',  MEMA claimed.
According to what MEMA claims, a tendency ofMEMA will continue as strong supporter of
responding to the increase of steel tariffsthe House Resolution, introduced by
is to reduce the production and to startrepresentative Joe Knollenberg on Oct. 9. The
thinking about the movement of somelegislation which happens to be bipartisan
manufacturing facilities permanently abroad.has gained support in the 107th Congress and
MEMA also claim that the shift of movementit  has  been introduced  again  in  the
facilities and jobs to other countries where
prices  remain  the  same  is  growing  fast.House in 3003. This Resolution of
Knollenberg's asks the president to ask that
The industry of auto parts suppliers haven'tthe International Trade Comission should
benefited from the first round of the processreconsider the effect of the tariffs on steel
of exclusion, taken care of by the Departmentconsumption  industries  in  U.S.
of Commerce and the U.S. trade
Representatives's office.Taking into accountThe present analysis must be included in the
the fact that the U.S. manufacturers ofITC's midterm review of the administrations's
automotive parts and components reach a pricesteel program, which should be released by
of 95 percent of the steel from U.S.A theySeptember 2003, said MEMA.



1 A B C D 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 95 96 97 99 100 101 102 103 104 105 106 107 108 109