AISI Applauds House Passage of Bipartisan Infrastructure Bill

WASHINGTON, D.C. – Kevin Dempsey, president and CEO of the American Iron and Steel Institute (AISI), issued the following statement in response to the House of Representatives’ passing the Infrastructure Investment and Jobs Act (IIJA):

“American steel built this country, and the industry is now ready to get to work on rebuilding this country. Repairing and modernizing our national transportation system is essential and we are glad Congress agrees. This bill would ensure that our infrastructure system meets the need of the 21st century. Funding roads and bridges, ports and waterways, water infrastructure, the electric grid and investing in electric vehicle systems, all will require a lot of steel —and our industry is ready to provide that steel. Passing this bill today provides a tremendous boost to our industry, as demand for American steel could increase by as much as five million tons for every $100 billion of new investment.

“This bill will also make sure that taxpayer funds are used to procure cleaner steel produced in the United States, where it is made with a lower carbon and energy intensity than steel made in the other leading steel-producing countries. We are thrilled that, in the end, Congress was able to take this important step toward funding our nation’s infrastructure needs. We look forward to President Biden signing the bill into law very soon.”

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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’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, LinkedIn, Twitter (@AISISteel) or Instagram.