Steel manufacturing trade groups lauded the news that the new Infrastructure Bill includes a provision stating all iron and steel used in projects outlined in the bill must be produced in the United States. Metal Center News reported this week, “The guidance further requires all manufactured products in the project must be produced domestically. The product itself must be manufactured here, and the components of the product must represent 55 percent or more of the total cost of the product. All construction materials must also be manufactured in the U.S.”
According to a White House memo, projects funded by the $1.2 trillion infrastructure package must only use iron and steel produced in the U.S starting May 14. The requirement includes all manufacturing processes for the metals, from initial melting stage thru application of coatings. The announcement also includes a process to waive those requirements if domestic materials are not reasonably available or would raise the cost of the project by more than 25%. (Source: Construction Dive)
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