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AIIS Newsletter: September 2020
September 2020 Market Update The economic outlook for the United States and the world during 2020 has improved according to a report from the Organization for Economic Co-operation and Development (OECD), though the group cautioned that “the outlook is subject to...
CUSTOMS CORNER | Steel Import License Changes include Identifying Country where Steel is “Melted and Poured”
The Steel Import Monitoring and Analysis System (SIMA) administered by the Department of Commerce will be modified effective October 13, 2020. The major change is the requirement that the country where the steel was “melted and poured” be identified in the...
AIIS CUSTOMS CORNER
AIIS – CBP Base Metals Center Mid-year Update The Base Metals Center of Excellence and Expertise (BMC) of U. S. Customs and Border Protection (CBP) met by video conference with the AIIS Customs Committee on August 11, 2020, for the annual mid-year update briefing. The...
AIIS Newsletter: August 2020
August 2020 Market Update The U.S. economy shrunk at an annualized rate of 32.9 percent during the second quarter, an unprecedented contraction caused by the coronavirus pandemic and resulting lockdowns. The non-annualized negative growth rate was 9.5 percent, meaning...
AIIS – CBP Base Metals Center Mid-year Video Update
The Customs Committee of the American Institute for International Steel will host an update video conference call with the leadership of the CBP Base Metals Center on issues affecting steel importers. This will occur on...
AIIS Newsletter: July 2020
July 2020 Market UpdateAlthough employers continued to return some people to work in June, the economic outlook for the United States remains uncertain amid ongoing struggles with the coronavirus pandemic.The economy added 4.8 million jobs last month, lowering the...
CUSTOMS CORNER
Pest Issues Affect Sea Containers, Not Just WPM The Animal and Plant Health Inspection Service (APHIS) of the U. S. Department of Agriculture, familiar from their role in regulation Wood Packaging Materials (WPM), is also concerned with reducing the pest risk of sea...
MEDIA ALERT: Section 232 / Supreme Court
MEDIA ALERT News from AIIS FOR IMMEDIATE RELEASE June 22, 2020 Richard Chriss, AIIS President Phone: 703.245.8040 chriss@aiis.org Alexandria, VA. June 22, 2020. AIIS regrets the decision. From the beginning of our challenge to the Presidential...
AIIS Newsletter: June 2020
June 2020 Market Update In the first bit of economic news in several months that qualifies as “good,” the economy added 2.5 million jobs in May, lowering the unemployment rate 1.4 percentage points. The gains in May clawed back a small portion of the job losses that...
AIIS CUSTOMS CORNER | Pipe Spools
Pipe Spool Entry Reporting U. S. Customs and Border Protection (CBP) has issued an update on proper entry/entry summary reporting for pipe spools with pipes from multiple countries. Pipe spools are described as “prefabricated components of a piping system consisting...
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