Steel Institute Applauds Passage of Water Resources Bill

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For Immediate Release
September 15, 2016

WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) today applauded the U.S. Senate’s passage, by a vote of 95-3, of the Water Resources Development Act (WRDA), which will authorize more than $10 billion worth of projects to improve navigation, replace and restore aging locks and dams, and provide aid to Flint, Mich. and other communities in need of replacing pipes, sewers and other drinking water infrastructure.

“The steel industry relies heavily on seaports and inland waterways to move raw materials necessary for steelmaking and bring finished steel products to market. A bill to improve water infrastructure is long overdue, and today’s passage is a critical step toward ensuring more efficient and cost-effective navigation that will help our nation remain globally competitive,” said Thomas J. Gibson, president and CEO of AISI. “Our nation’s seaports are heavily congested and not dredged to full capacity, while our inland waterways include obsolete and aging infrastructure that often results in costly delays. WRDA reauthorization will help restore some of our nation’s precious ecosystems while enhancing critical infrastructure and creating jobs. We applaud the Senate’s commitment to bipartisanship in passing this bill.”

Gibson noted that the House could consider their version of the measure as early as next week.

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Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org

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).