Steel producers lobbying to keep imports out is an example of:

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Rent-seeking behavior is the use of resources to secure privileges through the political process, such as lobbying for policies that benefit a specific industry or group. Steel producers lobbying to keep imports out is an example of rent-seeking behavior because they are seeking protection from competition and government intervention to secure their profits. Objective cost-benefit analysis would involve considering the overall economic impact of imports and exports, rather than just the impact on the steel industry. Rational ignorance refers to the decision not to acquire information about certain issues or policies because the cost of doing so outweighs the expected benefits. This concept does not apply here.

Steel Producers Lobbying to Keep Imports Out Is an Example