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US bans steel imports from Chinese company over alleged forced labor-金屬展-冶金展-2025廣州巨浪國(guó)際金屬暨冶金工業(yè)展覽會(huì)-巨浪展覽-2025 China (Guang
zhou) Int'l Metal & Metallurgy Industry Exhibition
10/8/2024 金屬展-冶金展-鋼鐵展-steel expo-metal & metallurgy expo |
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The United States government has banned steel imports from one of the subsidiaries of state-owned steel giant China BaowuGroup on Thursday over allegations of forced labor. This is the first time a steel company has been included, the government saidin a statement.
''Effective October 3. 2024. U.S. Customs and Border Protecion (CBP) wil apply a rebutable presumption that goods produced byBaowu Group Xinjiang Bayi lron and Steel Co., Ltd. and Changzhou Guanghui Food Ingredients Co., Ltd. will be prohibited fromentering the United States. This is the first time steel and aspartame companies have been added to the UFLPA Entity List" the UsDepartment of Homeland Security said in a press release
Baowu Group Xiniiang Bayi lron and Steel is a subsidiary of the largest steel producer in the world. China Baowu Group. Thecompany, according to the World Steel Association, produced more than 130 milion metric tons (mt) of liquid steel in 2023, 9fpercent more than the second largest in the world: ArcelorMittal.
The Chinese company Baowu Group alone produces more steel than six countries combined in the World Steel Association Top15:lran.ltaly,Vietnam.Taiwan.Indonesia and Mexico.
IThe Uyghur Forced Labor Prevention Act is the Biden-Harris Administration''s most powerful ool to combat forced labor and holdits perpetrators to account," said Secretary of Homeland Security Alejandro Mayorkas
The steel company accused of using forced labor is located in the Xinjiang region, in the far west of China. The companiesinvolved have to prove that they are exempt from the use of forced labor in order to export to the United States
The accused steel company has a production capacity of 10 milion metric tons per year. its products include rebar, wire rod, highgrade steel, commercial steel sections, hot-rolled sheet (HRC), cold-rolled sheet (CRCy, color-coated sheet and galvanized sheetsteel plates.etc.lt also produces iron ore.
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