Urging the President to request the United States International Trade Commission to conduct an expedited review of the temporary safeguards on imports of certain steel products.

Recognizes that a strong domestic steel industry and strong domestic manufacturing base are vital to national defense and economic security.

Urges the President to request the International Trade Commission to: (1) expedite its review of the temporary safeguards imposed on March 5, 2002, on certain steel imports, and to report its findings to the President and Congress; and (2) monitor and report, in addition to developments with respect to a domestic industry (including the progress and specific efforts made by workers and firms in the industry to make a positive adjustment to import competition), on the impact of the temporary safeguards on domestic steel consumers and relations with U.S. trading partners.