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