AISI Applauds Passage of the Metals Initiative Reauthorization Bill

AISI applauds the U.S. House of Representatives for passing H.R. 1126, which reauthorizes the Metals Initiative, a public-private cost-sharing research partnership to develop technologies in the metals industries. Originally authorized by the 100th Congress, these research projects aim to strengthen the competitiveness of U.S. industry, improve the environment and increase energy efficiency.

Rep. Daniel Lipinski (D-IL) introduced H.R. 1126, also known as the "Steel and Aluminum Energy Efficiency and Technology Competitiveness Act," in February with nine other Steel Caucus Member co-sponsors, including Vice-Chairman Rep. Phil English (R-PA), Rep. Todd Akin (R-MO), Rep. Jason Altmire (D-PA), Rep. G.K. Butterfield (D-NC), Rep. Jerry Costello (D-IL), Rep. Vernon Ehlers (R-MI), Rep. Tim Holden (D-PA), Rep. Betty Sutton (D-OH) and Rep. Charlie Wilson (D-OH).

"This bill is a direct contributor to maintaining a strong U.S. manufacturing sector by delivering numerous new technologies to the factory floor. We thank Rep. Daniel Lipinski for his continued leadership on this important initiative," AISI President and CEO Andrew G. Sharkey, III, said.

AISI, with its member companies, has maintained a partnership with the U.S. Department of Energy (DOE) under the Metals Initiative, and its predecessor, the Steel Initiative, since 1987.

"The Metals Initiative programs have become so effective," said Sharkey, "that our success rate is outstanding—we've developed new ironmaking technologies, key process sensors and models and advanced, high-strength steels for lighter and safer cars."

H.R. 1126 not only supports steel related research, including CO₂ reduction technologies, but also maintains and advances U.S. manufacturing competitiveness.

"The steel industry, and other metals industries, are important parts of our national economy and they must remain innovative in order to stay competitive in the increasingly global economy," said Rep. Lipinski (D-IL).

This bill re-authorizes $12 million per year for five years to fund advanced metals research. Provisions in the bill create a "pay back" feature to repay the taxpayers investment in any technology developed that is put into use in industry or the marketplace. In addition, the bill prioritizes the development of technologies that reduce greenhouse gas emissions. For more information, contact Matt Davison.