LONDON -Aluminum industry executives will line up on Thursday to have their say on whether foreign imports into the United States pose a threat to the country’s security. The Section 232 investigation was announced by the Department of Congress on April 27 and follows hot on the heels of a similar probe into U.S. steel imports, the results of which are pending.
Section 232 of the Trade Expansion Act of 1962, to give its full title, was last used in 2001 against imports of iron ore with a “no action necessary” outcome.
This time around, everyone’s expecting a different result. The Trump administration has pledged to stem the rising metallic import tide and reverse the ebbing of the country’s primary aluminum production capacity. Continue Reading →