Mrvan Statement on the Ongoing Steel Industry Discussions

Washington, DC – Today, Rep. Frank J. Mrvan, Vice Chairman of the Congressional Steel Caucus, released the following statement on the ongoing steel industry discussions.

“In response to recent media reports regarding the potential sale of one of the last remaining domestic integrated steel manufacturers, it has been reported that potential suitors are headquartered internationally.  

“I remain gravely concerned that our nation’s security is lessened when we allow foreign entities to have an outsized influence in America’s critical industries, whether it be in iron and steel, semiconductors, or other essential commodities, products, and technologies.  We must not ignore the lesson that COVID taught us about how our supply chains must have domestic capacity to meet the needs of our nation’s consumers and security.

“That is why I am proud that in my short time in Congress, we were able to pass significant legislation to address these concerns and begin to reshore and rebuild our domestic manufacturing sector and supply chains, all while strengthening our commitment to organized labor.  The benefits of these investments are irrefutable, as we have seen the largest growth in manufacturing investment, employment, and increase in average hourly wage in a generation. 

“Now is the time to reinforce our support for the American manufacturing industry that promotes the ability of workers to collectively bargain and negotiate fair wages, ensure safe working conditions, and secure a sound retirement and quality healthcare.  

“As a Member of Congress I have consistently voted to support the American worker, and I believe we must continue to build on our successes and prioritize our national security.  As we move forward, I encourage the Administration to carefully review any proposed action taken by the steel industry with these priorities in mind.”

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