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<title>USWA President Says December Import Data Portends Disaster for American Steel
Industry</title>
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<p align="center">USWA NEWS RELEASE</p>
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<p>For Distribution, Thursday, January 28, 1999 </p>
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<p>Contact: Gary Hubbard (USWA/Wasington) 202/778-4384
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<p>Marco Trbovich (USWA/Pittsburgh) 412/562-2442</p>
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<p align="center">USWA President Says December Import Data<br>
Portends Disaster for American Steel Industry</p>
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<p></font><font face="Times New Roman">Washington, D.C. (Jan. 28) – George Becker,
President of the United Steelworkers of America (USWA), said today that release of the
U.S. Commerce Department’s report on steel imports "offers clear evidence that
jawboning and trade case filings simply will not prevent the collapse of the American
steel industry."</font></p>
<p><font face="Times New Roman">While acknowledging a modest decline in the December level
of imports, Becker said that if dumping continues at last month’s levels, "it
will wipe out a basic industry that employs 150,000 American workers. Because major
exporters like Japan haven’t agreed to a thing, there’s nothing to stop them
from dumping more in the future."</font></p>
<p><font face="Times New Roman">Becker said the December import figures dramatize the need
for immediate passage of legislation imposing temporary quotas on steel imports at
pre-crisis levels, coupled with a comprehensive policy to prevent U.S. markets from
continuing to be used as the dumping ground for the worldwide glut of steel.</font></p>
<p><font face="Times New Roman">The politically powerful 750,000-member USWA is pressuring
for quota legislation that will be introduced in Congress in the near future by U.S. Rep.
Peter Visclosky (D-IN) and U.S. Sen. John D. Rockefeller (D-WV).</font></p>
<p><font face="Times New Roman">Such a bill, if enacted, would curtail dumping by
requiring our trading partners to limit steel shipments into the U.S. to pre-crisis
levels. The USWA cites the December figures released by the Commerce Department as still
astronomically higher than pre-crisis levels.</font></p>
<p><font face="Times New Roman">"If you only compare December with November,"
Becker said, "it’s like missing the forest by looking at a tree." He said
December’s numbers reveal that historically high steel imports from Japan and Russia
are still sky high.</font></p>
<p><font face="Times New Roman">"By annualizing the December number, you come up with
foreign dumping that’s eating up almost 30 percent of the market – a lot more
than before the crisis." He added that while there had been a slight reduction in
imports from Russia and Japan, other countries are "joining the parade of nations
illegally dumping steel."</font></p>
<p><font face="Times New Roman">Becker pointed out that the December numbers reveal Japan
is still dumping at a rate 170 percent higher than it was two years ago.</font></p>
<p><font face="Times New Roman">"Those who celebrate these unprecedented levels of
lawlessness," he said, "won’t be fooling anybody but themselves."</font></p>
<p align="center"><font face="Times New Roman"># # #</font></p>
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