AISI Outlines Key Steel Industry Priorities for 2025
The American Iron and Steel Institute (AISI) has reached out to top policymakers in the Trump administration and prominent members of Congress, presenting a strategic roadmap for the steel industry in 2025. In a statement this week, Kevin Dempsey, the President and CEO of AISI, highlighted the industry’s key priorities and urged policymakers to consider critical measures related to trade, tax, and regulation.
Dempsey emphasised that 2025 provides a unique opportunity for the government to take a comprehensive approach to the issues currently facing steel manufacturing. As policymakers focus on strengthening the nationās economic resilience and ensuring national security, AISI has made clear its stance on three core policy areas that could significantly impact the sectorās future. First on the agenda is trade policy. AISI advocates for bolstering existing trade measures to combat unfair foreign trade practices that harm American steel producers. This call for strengthened protections comes amidst concerns over the influx of cheaper, substandard imports that can undermine domestic manufacturing and threaten jobs within the sector.
Second, AISI calls for the implementation of pragmatic regulations that would foster innovation within the industry. According to Dempsey, common-sense regulatory frameworks are vital for enabling steelmakers to adopt cutting-edge technologies and processes that would improve both efficiency and environmental performance. Finally, the institute has put forward recommendations for tax reforms that incentivise ongoing and new investments in the steel sector. These reforms are seen as essential to maintaining the competitiveness of the American steel industry in a rapidly evolving global market.
Dempsey further reinforced the importance of the steel industry to the American economy, stating, āSteel is essential to the everyday lives of all Americans ā from the cars and trucks we drive, to the infrastructure we rely on, and the energy sector, from oil and gas to wind, solar, and nuclear power. Every facet of life depends on steel.ā He concluded by asserting that the adoption of these policy recommendations would safeguard the continued success of the steel industry and the millions of jobs it supports.