Imported Steel

By: Associated Press
By: Associated Press

Alabama Senator Richard Shelby said he's disappointed President Bush scrapped the tariffs on imported steel he imposed last year.

In a written statement issued Thursday, Shelby said Alabama's steel industry has benefited from the temporary tariffs. The Tuscaloosa Republican said companies were allowed to restructure and consolidate their operations. The Tuscaloosa Republican said the president's action could result in possible job loss and could have an adverse affect on the future of the state's steel industry.

Bush's decision yesterday averted a threatened trade war with European and other steel-producing countries. The World Trade Organization had ruled the tariffs illegal.

In September, hundreds of Alabama steelworkers held a "Stand Up for Steel" rally in Birmingham urging the president to keep the tariffs in place.

Alabama has nine active steel mills that provide about 20,000 jobs.

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