AISI Hailed Trump’s Trade Deals with Malaysia and Cambodia
Steel News | 2025-10-27 11:53:12 | By Paul Ploumis
The trade body appreciated Trump administration’s continuing efforts to collaborate with trading partners to address global steel excess capacity and unfair trade in steel.
SEATTLE (Scrap Monster): The American Iron and Steel Institute (AISI) has issued a statement applauding President Trump’s signing of new trade agreements with Malaysia and Cambodia, praising the administration’s continued commitment to addressing global steel overcapacity and unfair trade practices.
Kevin Dempsey, President and CEO of AISI, commended President Trump, Ambassador Greer, and the U.S. trade team for securing Malaysia’s commitment to join the Global Forum on Steel Excess Capacity and take concrete steps to curb excessive steel production. He emphasized that such initiatives strengthen global cooperation and support fair trade in the steel industry.
ALSO READ:
U.S. Weekly Raw Steel Production Jumps Nearly 10%, AISI Data Shows
U.S. Steel Mill Shipments Declined in August from Prior Month
Dempsey also welcomed key provisions in both trade agreements aimed at enhancing collaboration and information exchange with the United States on antidumping and countervailing duty enforcement, helping to tackle unfair trade practices in steel markets worldwide.
Additionally, AISI highlighted Malaysia’s pledge to avoid export bans on critical minerals, remove rare earth export quotas to the U.S., and partner with American companies to develop its rare earth and critical minerals sector.
The Institute stated that these agreements mark a significant step forward in promoting fair competition, strengthening global supply chains, and ensuring a level playing field for the U.S. steel and manufacturing industries.
- Copper Hits New Record on LME as US Tariff Fears Reroute Metal and Pinch Supply
- Canada’s Algoma Steel agrees to wrist-slap fine after admitting guilt in the death of Damien Bryant
- Hyundai Steel Launches $5.8 Billion Louisiana Mill Project
- Antofagasta Cuts Its Copper Production Forecast as H1 Profits Surge