Aluminum Association Plans for Long-Term Industry Growth
The Aluminum Association released “The Aluminum Agenda: A Policy Roadmap for a Competitive U.S. Aluminum Industry,” which lays out principles and policy goals for a sustainable U.S. aluminum sector in the 21st century. The document was developed in consultation with aluminum companies spanning the entire industry value chain. The industry identified five key areas essential for future growth and investment in the U.S.: trade, environment, infrastructure, energy and workforce.
- Trade: Negotiate with China to address structural aluminum overcapacity, eliminate trade barriers for countries that play by the rules and pursue targeted trade enforcement for countries that do not.
- Environment: Develop common sense, science-based regulation in areas including air and water quality, chemical reporting and vehicle fuel economy standards.
- Infrastructure: Increase long-term public and private funding and enact various reforms to recognize the benefits of sustainable materials to help shore up the nation’s highways, transit systems, electric grid and other critical infrastructure.
- Energy: Ensure continued access to reliable, affordable and efficient domestic energy sources.
- Workforce: Promote policies to enable the recruitment of a skilled and diverse workforce and improve workplace health and safety.
In addition to longer-range goals and principles, the roadmap lists a number of near-term policy priorities to support the industry as well as the broader manufacturing sector. For example, the roadmap calls on lawmakers to pass a comprehensive infrastructure bill, promote increased curbside recycling and to remove Section 232 tariffs on aluminum imports from market economy countries.
In other news, leaders of the aluminum associations of North America – Heidi Brock, The Aluminum Association (U.S.), Fernando A. Garcia, IMEDAL (Mexico) and Jean Simard, The Aluminium Association of Canada -- released a joint statement following the announced agreement to remove Section 232 tariffs on North American aluminum.
“We greatly appreciate the efforts of our respective governments to reinstate exemptions from Section 232 tariffs for North American aluminum. Removing tariffs, without quotas, is a major win for the entire industry and will support continued growth and investment throughout the region. We look forward to working with our governments to ensure that the implementation of this announcement guarantees robust, fair and rules-based trade of aluminum and aluminum products between our three countries. We are glad to see a commitment for improved coordination and monitoring within North America to safeguard against transshipment and the illegal evasion of duties. Our associations can play an important role assisting our governments in this effort by tracking and analyzing trade flow trends and industry data. As noted in our joint letter in March, the free, open and well-monitored trade of aluminum is a critical element of a successful U.S.-Mexico-Canada Agreement (USMCA). We look forward to working with leaders in each of our countries in the coming weeks and months to help implement USMCA. The next step is to come together to tackle the fundamental challenge facing aluminum producers around the world – unfairly subsidized overcapacity in China.”
Source: Industrial Heating
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