AISI seeks new requirement for steel in autos as part of NAFTA rule of origin

The American Iron and Steel Institute wants an updated North American Free Trade Agreement to include provision that would require automakers to use North American steel in their production chains as part of the deal’s regional value content requirements for autos. AISI President Thomas Gibson at USTR’s June 27 hearing on the NAFTA renegotiation said strengthening NAFTA’s rules of origin and regional value content requirements are its top priorities in the trade talks. Gibson said steel should be added to...