AISI Applauds Inclusion of Infrastructure Measures in US Bill

American Iron and Steel Institute president and CEO Mr Kevin Dempsey has applauded the passage by both houses of Congress of provisions to fund
AISI Applauds Inclusion of Infrastructure Measures in US Bill
Infrastructure US BillAISI

American Iron and Steel Institute president and CEO Mr Kevin Dempsey has applauded the passage by both houses of Congress of provisions to fund surface transportation and water infrastructure, as part of the overarching government funding and COVID-19 relief bill. Mr Dempsey said “The steel industry relies on the nation’s road, rail, and water transportation network to move its raw materials and steel products. Investment in this infrastructure is vital not only to the health of the steel industry, but to the US economy and national security as well. We applaud inclusion of the bipartisan Water Resources Development Act in the government funding bills, including a policy adjustment to the Inland Waterways Trust Fund which could add USD 100 million annually toward inland waterways project construction and as much as one billion dollars over 10 years.”

Mr Dempsey added “We also are pleased with the inclusion of USD 10 billion in highway funding for state Departments of Transportation, some of which will help fund state shortfalls caused by the COVID-19 pandemic. As users of these networks, and providers of the materials to build them, the steel industry is pleased that Congress has passed these water and highway investments. These measures will soon be signed into law and will help reinvigorate the US economy.”

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