Council on Wage and Price Stability Releases Study of Government Regulations Affecting Steel Industry

by Council on Wage and Price Stability on January 18, 1977
by Council on Wage and Price Stability


The Council on Wage and Price Stability today released the first of two volumes in a unique and comprehensive compilation and study of all the federal regulations affecting the American steel industry. Volume I, which was nine months in preparation, catalogs and explains all of the federal regulations and policies which affect the manufacture of steel. The catalog provides for the first time and in one place an objective description of the myriad of federal regulatory programs that affect a major industry, and discusses the cumulative impact — positive and negative; primary and secondary — of these independent federal actions.

In announcing the release, Acting Council Director William Lilley III said, “No one really knew how far the federal government had gone in regulating primary heavy manufacturing. Our catalog portrays how a major industry, such as iron and steel, can hardly make even routine decisions without taking into account the directives of some federal agency.”


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