Tag Archives: #steel #steelinconstruction #buildwithsteel

Magnificent Metal Monday – US Infrastructure Update

Photo Credit: Mario Tama via Getty Images

Construction Dive reported last week, “The U.S. is one step closer to a massive, much-needed infrastructure spending package.” The Senate voted last Wednesday to advance a bipartisan bill, which includes $550 billion in new federal funding for infrastructure. The bill will now enter a process of debates and amendments. Should the bill pass, it would inject funding into transportation, utilities and broadband spending. Senators voted to advance the package 67-32, with 17 Republicans joining all 48 Senate Democrats — and two Independents who caucus with the Democrats — in favor of advancing it.

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Steel Mills Currently in Driver’s Seat

Credit: WorldSteel.com; stack of steel tubing 3d rendering

This month, Argus reports, “A year after one of the sharpest production contractions in the US steel industry, domestic flat-rolled mills are reaping the benefits of historically high finished steel prices, tight supply and record scrap margins. US steel production and mill utilization have remained below year-prior levels for nearly all of last year because of Covid-19-related drops in demand, keeping spot and contract steel supply limited amid higher demand.”

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Magnificent Metal Monday – Los Angeles Convention Center in Spotlight

Photo Credit: CityWatchLA

After not being used for months on end and also serving as an overflow hospital for COVID-19 patients, the Los Angeles Convention Center (LACC) took center stage last night as the primary venue for the high profile Grammys event. Although there was no audience present, there was a red carpet, awards and live performances.

Compared to other convention destinations, Los Angeles has lagged behind, especially to its neighbor Anaheim. According to CityWatchLA, “To attract a greater share of the lucrative convention business, the Tourism and Convention Board has been modernizing the Convention Center and promoting hotel development with the goal of adding 4,000 new hotel rooms within walking distance of it by 2020.”

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