The American Institute for International Steel, Inc. (AIIS), and the Eurometal Steel Trade Study Group (STSG), have signed a Memorandum of Understanding (MOU) under which they will work together to advance global free trade in steel.

The purpose of the MOU is to provide a framework for co-operation and to facilitate collaboration, particularly in advancing free and responsible trade in steel within international forums (such as the World Trade Organisation and the Paris-based Organisation for Economic Co-operation and Development) and in the context of trade negotiations.