Written on

How Congress can support America's manufacturing renaissance

By Thomas J. Gibson, president and CEO of the American Iron and Steel Institute

A version of this Op Ed originally published on The Hill's Congress Blog.
 
Increased energy production within North America is expected to add 1.4 million jobs and create almost $803 billion in revenues by 2030. These benefits should not be overlooked, especially in light of the fact that each day we find ourselves with more energy resources than we had previously anticipated.  The U.S. steel industry is the solutions-provider in the energy renaissance, as the pipe and tube products that steelmakers produce are integral to the exploration, production and transmission of natural gas and oil.

The domestic steel industry has voluntarily reduced its energy intensity by 27 percent since 1990, while reducing its greenhouse gas (GHG) emissions by 33 percent over the same time period.  Despite our world-leading levels of energy efficiency, the steel industry consumes substantial amounts of energy each year primarily in the form of coal, natural gas and electricity.  Energy is typically 20 percent or more of the cost of making steel.

Bookmark and Share
Written on

Obama delivers ‘a mixed bag’ lacking specifics


President Obama Tuesday night delivered his fourth State of the Union address.  In his speech to a joint session of Congress, the President laid out a broad framework for reigniting the economy in which, he said, "too many people still can’t find full-time employment."

President Obama's State of the Union speech from the official White House website.

The themes of the speech hearkened back to his reelection campaign -- especially his emphasis on reducing the unemployment rate and reviving an economy “that creates good, middle-class jobs." The President proposed a "Fix-It-First" program, with the goal of creating jobs, including many in the steel industry, to repair and upgrade infrastructure in the U.S.

"Investments in surface transportation and water infrastructure directly impact the competitiveness of the manufacturing sector, create demand for steel fabricated products and create valuable jobs, said Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI).

Bookmark and Share
Written on

AISI Commends Our Nation's Veterans for Their Service


Steel industry remains vital to national security

Washington, D.C. — In honor of Veterans Day, The American Iron and Steel Institute (AISI) commend our nation’s veterans – both past and present - for their service at home and abroad.

Bookmark and Share
Written on

San Francisco Invites Chinese Solar Companies as U.S. Companies Fail

By Peter Navarro

(Republished from the SFGate.com - Published 7:53 p.m., Tuesday, October 23, 2012)

San Francisco is rapidly becoming, as the Office of the Mayor's website has touted, the "premier gateway" for mainland Chinese investment into the United States. If the city's successful wooing of Chinese solar manufacturers is any indication, this is not a welcome trend.

To date, under the leadership of both its previous and current mayor, no fewer than five Chinese solar companies have set up shop on San Francisco soil. This has occurred even as Bay Area solar manufacturers have either filed for bankruptcy (NovaSolar); shrunk in value to a mere shadow of their former selves (NanoSolar); or, in the unkindest cut of all, been sold off to China (MiaSole).

Bookmark and Share
Written on

China’s Currency Manipulation: A Policy Debate


By Peter Navarro

Republished from the September/October 2012 issue of WorldAffairsJournal.org

Confront China Now

In 2001, under the banner of a “policy of engagement” dating back to the Nixon era, China joined the World Trade Organization with the strong support of a Democratic president and a Republican-controlled Congress. Before the ink was dry on this free-trade agreement, Beijing began flooding American markets with illegally subsidized exports while the big multinational companies that had lobbied heavily for the agreement rapidly accelerated the offshoring of American factories and jobs to China.

Today, the United States owes more than three trillion dollars to the world’s largest communist nation; more than fifty thousand American factories have disappeared; worker and human rights abuses are endemic in a country that is also now the most polluted on the planet; and the People’s Liberation Army is engaging in the most rapid military build up of a totalitarian regime since the 1930s.

Bookmark and Share
Written on

AISI urges Members of the U.S. House of Representatives to support H.R. 3409, the "Stop the War on Coal Act of 2012"

By Thomas Gibson, President and CEO, American Iron and Steel Institute

The availability and reliability of coal is essential to the international competitiveness of the domestic steel industry. In addition to being an essential raw material for the creation of steel, coal also serves as a critical source of energy for the industry, both through direct combustion and as a feedstock for purchased electricity from utilities. In 2010, the domestic steel industry consumed 19.8 million tons of coal and coke and 45.7 billion kilowatt hours of electricity.  The leading states in terms of iron and steel production in the U.S. are heavily dependent on coal for electricity production, and in turn, so is our industry.

Bookmark and Share
Written on

New Report on Risks to Homeland Security Calls for Revitalizing American Manufacturing to Protect, Respond and Recover

A new report, Preparing for 21st Century Risks, co-authored by former Homeland Security Secretary Tom Ridge and former Assistant Secretary for Homeland Security Robert B. Stephan, found that many key components and technologies supporting critical infrastructure are no longer manufactured in the United States.

As the Executive Summary notes, "We (America) are becoming too reliant on global suppliers, many of whom may not have our best interests at heart in a time of crisis"…

Bookmark and Share