![]() Rebar imports in particular have seen a sharp increase, up by more than 3,000% in 2022 compared with the 2015-2017 average, the caucus noted. In its letter, the Steel Caucus leaders noted increased volumes across product lines, including rebar, hot-rolled coil, galvanized sheet, wire rod, semi-finished steel, and pipe and tube, among other products. US imports of steel from Mexico were up 72% in 2022 compared with the 2015-2017 historical average, according to Commerce Department data. In May, Steel Caucus Chairman Rick Crawford, Republican-Arkansas, and Vice Chairman Frank Mrvan, Democrat-Indiana, sent a letter to President Joe Biden's administration requesting immediate consultations to address the recent uptick in Mexican steel imports. The trade representatives agreed to have their teams "intensify their engagement" on the matter, Tai's office said. Tai stressed the importance of Mexico enhancing its monitoring of steel and aluminum exports to the US during the meeting July 6, in accordance with a 2019 agreement in which the US dropped the Section 232 tariffs on steel and aluminum imports from the country, the USTR's office said.Īs part of the agreement, Mexico was to ensure greater transparency regarding steel and aluminum imports from third countries. Receive daily email alerts, subscriber notes & personalize your experience.
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