Steel Makers Claim Damage by Imports

Bethlehem Steel Corp., LTV Corp. and other U.S. steelmakers that have seen their losses mount in recent years will find out today whether the U.S. government agrees that their troubles stem from foreign competition.

The International Trade Commission, which weighs the effect of trade on companies, will vote whether steelmakers are being hurt by imports, the first step in what may be a recommendation to President Bush to protect the industry.

More than 20 steelmakers--a quarter of the industry--have filed for bankruptcy since late 1997, including LTV and Bethlehem, which sought protection only last week.

Most blamed what they say are unfairly low-priced imports, as well as weak demand.

Arrayed against the domestic manufacturers is a cross-section of steel users who say Bush must look beyond a single industry.

If the ITC finds injury to domestic steelmakers, it will then take 60 days to pull together recommendations to Bush on what action should be taken to shield the industry while the companies restructure.