Unpacking American Steel Trade, National Security, and Overcapacity with Ben Caryl

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.

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.

Tune in as we navigate the steel labyrinth of geo-political economics, national security, trade policy and the need to address overcapacity and imports—and explain trade “Whac-A-Mole”!

Disclaimer: This podcast may include forward-looking statements that are based on certain assumptions and are subject to a number of risks and uncertainties, as described in U. S. Steel’s SEC files. These are made as of the date of recording and we undertake no duty to update them as actual events unfold.