H.R. 9161: Secure Aluminum Supply Chains Act

This bill is known as the Secure Aluminum Supply Chains Act. Its main purpose is to require the United States International Trade Commission (USITC) to investigate potential national security issues related to the exportation of aluminum scrap. Here are the key points of what the bill entails:

Report Requirements

The USITC is tasked with submitting a report to Congress within 180 days after the Act is enacted. This report must include the following:

• A review of the national and economic security risks posed by U.S. exports of aluminum scrap to designated countries.
• An examination of aluminum scrap that may be available to entities that are organized under the laws of or controlled by the designated countries, even if it is not exported directly to those countries.
• Recommendations on how Congress and the President can mitigate any identified national or economic security risks.

Consultation Process

During the investigation, the USITC is required to consult with various stakeholders in the aluminum scrap and export industries, which may include:

• Private entities involved in aluminum production in the U.S.
• Businesses in the metals recycling industry.
• Labor organizations that represent workers in the aluminum production sector.

Definitions in the Bill

For clarity, the bill defines two terms:

• Aluminum Scrap: Recycled or discarded materials that are primarily composed of or derived from aluminum.
• Countries of Concern: Specifically identifies the Russian Federation, the People's Republic of China, the Islamic Republic of Iran, and the Democratic People's Republic of Korea as the nations of concern for this investigation.

Overall Purpose

The overall aim of this legislation is to assess and address any potential security risks arising from aluminum scrap exports, ensuring that actions are taken to protect U.S. national and economic interests.

Relevant Companies

• AA - Alcoa Corporation, an aluminum producer that might be influenced by changes in aluminum scrap export regulations.
• NUE - Nucor Corporation, a steel and metals recycling company that could be indirectly affected by the restrictions on aluminum scrap.