The Australian Steel Institute (ASI) said it will continue to work with the Australian Government to secure an exemption from the USA's 25% tariff on Australian steel, despite confirmation today (March 12) the tariff will go ahead.
ASI chief executive Mark Cain said the tariff was disappointing, but the ASI will continue pressing for relief on behalf of its members.
The last Trump administration granted Australia an exemption after nine months of lobbying by the government and others.
ASI is the peak body for the Australian steel industry, representing 500 companies and 5,000 members. Steel generates 100,000 jobs and $30b in annual revenue in Australia.
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