Steel Group Applauds Passage of Highway Funding Bill

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For Immediate Release
October 22, 2015

Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) hailed the House Transportation and Infrastructure Committee’s unanimous passage today of the Surface Transportation Reauthorization and Reform Act (STRRA) of 2015. The legislation provides limited authorizations for infrastructure projects for the next six years.

Thomas J. Gibson, AISI president and CEO, said, “The House Transportation committee, led by Chairman Bill Shuster (R-PA), made good progress toward fixing our crumbling infrastructure by passing this long-awaited multi-year authorization bill, and we commend their dedication and commitment to bipartisanship. This bill benefits the steel industry by creating an environment for the quick delivery of projects and by providing the certainty needed for long-term, steel-intensive highway and bridge projects to break ground."

“We are also pleased that the bill prioritizes the repair and replacement of bridges and focuses on the efficient movement of freight. AISI applauds these positive developments, but continues to strongly advocate for the enactment of a robustly funded long-term surface transportation bill,” he said.

Gibson also said AISI is urging support for an amendment by Congressman Reid Ribble (R-WI), which was not voted on in committee but will be considered during floor debate on the bill, calling for state-optional reforms in federal truck weight limits to allow six-axle trucks to carry up to 91,000 pounds. AISI has long-supported this policy to improve efficiency and safety, and lower logistical costs.

AISI serves as the voice of the North American steel industry in the public policy arena and advances the case for steel in the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application of new steels and steelmaking technology. AISI is comprised of 19 member companies, including integrated and electric furnace steelmakers, and approximately 125 associate members who are suppliers to or customers of the steel industry. For more news about steel and its applications, view AISI's website at www.steel.org. Follow AISI on Facebook or Twitter (@AISISteel).