Answer:
The steel industry has a long history of asking for, and receiving, tariff protection from foreign competitors. This is due to several factors that have influenced the industry over time.
Firstly, steel production is a capital-intensive industry that requires significant investment in equipment, technology, and skilled labor. As such, companies in the industry have a vested interest in protecting their investments and ensuring that they can compete on a level playing field. Tariff protection provides a buffer against cheaper foreign imports, which may be produced with lower costs due to lower labor or environmental standards.
Secondly, the steel industry is often seen as a vital part of a country's national security and economic stability. The ability to produce steel domestically is seen as a critical component of infrastructure and military preparedness. Tariff protection is viewed as a way to preserve this capability and ensure that the country can maintain its independence and security.
Finally, the steel industry has historically been a major employer and contributor to national economies. Governments have therefore been willing to provide tariff protection to protect jobs and support the industry. This has been particularly true in times of economic uncertainty or political upheaval when job losses and economic instability can have serious social and political consequences.
In summary, the steel industry has a long history of seeking and receiving tariff protection due to its capital-intensive nature, the importance of steel production for national security and infrastructure, and the role it plays in national economies. However, there is ongoing debate about the long-term impact of such protectionism on the industry, consumers, and global trade.