The group found that the nation's steel industry is "not ... threatened with material injury by reason of imports of certain cold-rolled steel products" from countries such as China and Russia. Reports say cold-rolled steel sheet imports have fallen sharply this year.
A compromise between the parties has allowed the bill, which would make the government the insurer of "last resort" for damages up to $100 billion, to advance to a full House-Senate conference committee review. Officials say they think they will have enough votes to send it on for a final vote, most likely after the November elections.
China Unicom yesterday announced more than $1 billion in mobile phone equipment orders from Motorola, Nortel Networks, Lucent Technologies and Ericsson. The deals would upgrade networks to include high-speed data services and boost capacity.