Steel Products
May 13, 2021
AISI: Infrastructure Bill Could Mean Millions of Tons in Steel Demand
Written by Sandy Williams
Could the U.S. steel industry be looking at 50 million tons of new demand in the next few years? That’s one way of calculating how much steel might be required if a $1-trillion infrastructure package passes Congress and is signed into law.
Infrastructure spending of $1 billion equals 50,000 tons in steel demand, according to a presentation made by an American Iron and Steel Institute (AISI) official during SMU’s most recent Community Chat webinar.
