Why is steel so important? What is steel “overcapacity” and why does it matter? Which country produces more steel than the rest of the world combined? What is trade “Whac-A-Mole”?
In this episode, we unravel the intricacies of the steel industry with our guest, Ben Caryl, Associate General Counsel of International Trade & Public Policy at U. S Steel. Ben discusses steel’s long, long history and delves into why foreign government support for steel production and exports has fueled massive global steel overcapacity and imports into the United States that impact American steel mills, workers, and national security.