American Iron & Steel Institute President & CEO Mr Kevin Dempsey, in response to a ruling announced by the World Trade Organization regarding a dispute brought by the EU challenging Indonesia’s ban on the export of nickel ore and its requirement that all nickel ore be processed domestically, said “AISI applauds the ruling by a WTO dispute resolution panel against the government of Indonesia’s ban on the export of nickel ore. This export restriction, together with a requirement that nickel ore be processed domestically in Indonesia, has distorted global markets for nickel ore, a key input in stainless steel production, to the detriment of steel producers in the United States and around the world. We call on Indonesia to end these trade-distorting policies immediately.”He said ““AISI appreciates the active engagement by the US government as a third party in this WTO dispute to challenge the Indonesian export ban, and we look forward to continuing to work closely with USTR to address the many other trade-distorting policies by governments around the world that are fueling the ongoing global overcapacity crisis in steel.”
American Iron & Steel Institute President & CEO Mr Kevin Dempsey, in response to a ruling announced by the World Trade Organization regarding a dispute brought by the EU challenging Indonesia’s ban on the export of nickel ore and its requirement that all nickel ore be processed domestically, said “AISI applauds the ruling by a WTO dispute resolution panel against the government of Indonesia’s ban on the export of nickel ore. This export restriction, together with a requirement that nickel ore be processed domestically in Indonesia, has distorted global markets for nickel ore, a key input in stainless steel production, to the detriment of steel producers in the United States and around the world. We call on Indonesia to end these trade-distorting policies immediately.”He said ““AISI appreciates the active engagement by the US government as a third party in this WTO dispute to challenge the Indonesian export ban, and we look forward to continuing to work closely with USTR to address the many other trade-distorting policies by governments around the world that are fueling the ongoing global overcapacity crisis in steel.”
