Specialty Steel Industry of North America Applauds Trump Administration’s Actions to Address Global Excess Steel Capacity

SSINA and its members are very grateful for the efforts of the Trump Administration to address and counter global excess steel capacity.  For too long, excess steel capacity, which is uneconomic and results from foreign government subsidies and non-market policies, has distorted global markets and harmed SSINA member companies.

On October 10, 2025 The Specialty Steel Industry of North America (“SSINA”) issued a press release expressing its strong support for Ambassador Greer’s remarks at the Global Forum on Steel Excess Capacity’s Ministerial meeting, as well as the Trump Administration’s efforts to address global excess steel capacity.  Chris Zimmer, SSINA’s Chairman and the President and Chief Executive Officer of Universal Stainless & Alloy Products Inc., made the following statement:

“SSINA and its members are very grateful for the efforts of the Trump Administration to address and counter global excess steel capacity.  For too long, excess steel capacity, which is uneconomic and results from foreign government subsidies and non-market policies, has distorted global markets and harmed SSINA member companies.  Persistent, state-supported capacity growth abroad continues to distort high-performance and stainless markets, causing direct negative effects on U.S. specialty steel producers and their workforces.  Ambassador Greer is exactly right that there is an urgent need for collective action now by GFSEC members to develop a new framework to address excess steel capacity.  SSINA urges other governments to work together with the United States to develop a new joint framework and action plan to resolve this urgent and long-standing problem.”

The full press release can be read below.