|
|
 |
|
|
FOCUS: At the invitation of House Small Business Committee Member
Rep. Grace Napolitano (D-CA), CITAC members o small business executives
from steel-using firms o will testify before the House Small Business
Committee at Norwalk City Hall. CITAC members will testify on regional
market conditions since the imposition of 30% tariffs on imported steel
in March by the Bush Administration. A full committee hearing was held
by Chairman Donald Manzullo (R-IL) on July 23rd in Washington D.C. Downstream,
small business owners in the U.S. are facing extensive lead times, steel
supply shortages o including those created by domestic steel mills putting
customers on allocation o broken contracts with suppliers and skyrocketing
prices. These problems have created an unsustainable business environment
for small steel-consuming firms who, heretofore, have been globally competitive
and steady sources of economic and job growth in their communities.
|
 |
|
|||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||