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SMA Comments on North American Trade Agreement Negotiations

Washington, D.C.  – Today, the Trump administration sent a notice to Congress of its intent to sign an updated trade agreement between the United States, Mexico and possibly Canada. “The Steel Manufacturers Association (SMA) strongly supports a trilateral agreement to modernize the way trade is conducted in North America. We urge the three governments to quickly conclude talks …

Steel Manufacturers Association Comments on State of the Union Address

Washington. D.C. – Steel Manufacturers Association (SMA) president Philip K. Bell issued the following statement in response to the president’s State of the Union Address to the Nation: “Tonight President Trump gave an inspiring speech outlining his vision for our Country. The SMA shares the President’s goal of growing our economy by investing in and …

SMA Comments on G20 Global Forum on Steel Excess Capacity

Washington, D.C.  – Steel Manufacturers Association (SMA) president Philip K. Bell commented today on the report released by the G20 Global Forum on Steel Excess Capacity: “SMA appreciates the leadership, participation and work of the U.S. government to address global steel overcapacity. This was a long process and the report confirms that there is an …

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

“The RBI has maintained stability in monetary policy with a focus on the medium-term inflation targets being sustainably achieved, while continuing to be supportive of growth. The policy has maintained an accommodative stance while taking into account global developments and domestic economic conditions. With respect to demonetisation, the assessment that this will have only a …

SMA Comments on Election Outcomes

Washington, D.C.  – The Steel Manufacturers Association (“SMA”) today released comments on the outcomes of the 2016 elections. SMA President Philip K. Bell stated: “The SMA has a long-standing tradition of operating in a bipartisan manner.  We are pleased that this contentious election season is now behind us.  We look forward to working with both …

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

“The decision to keep the policy rate unchanged is in line with market expectations. The articulation of a continued accommodative policy stance is welcome. As stated in its April policy, the RBI has ensured adequate liquidity and brought the liquidity balance closer to neutrality, which is indeed commendable. The favourable monsoons and the momentum in …