Auto Suppliers Seek Steel Relief From Whitehouse

Background
Auto indus­try is the sin­gle largest man­u­fac­tur­ing sec­tor in US, account­ing for >5% of gross domes­tic prod­uct
Motor vehi­cle pro­duc­tion & relat­ed indus­tries employ 6.5M peo­ple with 2.2M in sup­pli­er indus­tries
MEMA rep­re­sents man­u­fac­tur­ers of vehi­cle com­po­nents & relat­ed prod­ucts while OESA serves OEM sup­pli­ers
Amer­i­can Iron & Steel Insti­tute says 55% of vehi­cle weight is steel, & North Amer­i­can sup­pli­ers use 18M tons a year




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