AISI Applauds House Passage of Water Infrastructure Bill
December 8, 2020WASHINGTON, D.C. – Kevin Dempsey, president and CEO of the American Iron and Steel Institute (AISI), today issued the following statement on the passage today by the U.S. House of Representatives of the bicameral agreement for the Water Resources Development Act (WRDA) of 2020:
“Today’s bipartisan House passage of WRDA 2020 is critical for the transportation of steelmaking raw materials and finished steel products. We applaud key provisions, for which AISI has strongly advocated, including the construction of 46 pending Army Corps of Engineers water infrastructure projects and modifying the Inland Waterways Trust Fund (IWTF) project cost-share to 65 percent from the general fund of the Treasury and 35 percent from the Inland Waterways Trust Fund (from the previous 50/50 split). These provisions and others will facilitate the timely construction of important inland navigation projects that are critical to the steel industry and our customers. We urge the Senate to pass the legislation so that it can be signed into law as soon as possible.”
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Contact: Lisa Harrison
202.452.7115 / lharrison@steel.org
AISI serves as the voice of the 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’s membership is comprised of integrated and electric arc furnace steelmakers, and 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).
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