Taconite Workers Relief Act of 2001

Taconite Workers Relief Act of 2001 - Declares that U.S.-produced taconite pellets shall be considered an article like or directly competitive with semifinished steel slab for purposes of: (1) any International Trade Commission determination whether semifinished steel slab is being imported into the United States in such increased quantities as to be a substantial cause of serious injury (or threat) to the domestic industry producing taconite pellets (thus requiring presidential action to facilitate a positive industry adjustment to such imports); (2) the Secretary of Labor's determination of the eligibility of a group of adversely affected workers for trade adjustment assistance; and (3) any investigation leading to the imposition of countervailing and antidumping duties.