![]() Global steel surpluses are the result of chronic global excess steelmaking capacity in major exporting countries, including China, India, Brazil, Korea, Turkey, the EU, and other nations, much of it from state-owned and state-supported enterprises that are heavy polluters. steel industry-one of the cleanest and most energy-efficient steel industries globally. This oversupply jeopardizes the fundamental health of the U.S. ![]() markets undercutting prices, domestic production, employment, and investments. steel industry with surging imports to U.S. For decades, chronic global steel supply gluts have undermined the U.S. steel industry also plays a critical role in supporting the welfare of other industries essential to the broader health and operation of the economy and government. Beyond supplying high-quality steel in sufficient quantities to meet national defense needs, the U.S. national defense, to the health of America’s critical infrastructure, and to the competitiveness of many domestic manufacturing industries. ![]() A strong domestic steel industry is critical to U.S.
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