The American Iron and Steel Institute (AISI) supports the passage of the Water Resources Development Act (WRDA) by the U.S. House of Representatives. This bill is essential for improving the nation’s water infrastructure, which plays a critical role in the steel industry’s logistics and competitiveness. It authorizes investments in projects by the U.S. Army Corps of Engineers, including upgrades to ports, inland waterways, locks, and dams.
Steel’s Need for Efficient Waterways
AISI President and CEO Kevin Dempsey stressed the importance of water infrastructure for steel producers. A large portion of steel operations rely on efficient transportation networks. “The stability and efficiency of our marine transportation system are key for the steel industry,” Dempsey said. The WRDA bill ensures the industry’s logistical needs will be addressed.
Key WRDA Bill Provisions
The WRDA bill includes 21 new water infrastructure projects that aim to strengthen the steel industry’s logistics system. Additionally, the bill’s updated cost-share formula will streamline the financing and construction of essential infrastructure, such as locks and dams. These improvements are vital for the steel supply chain’s efficiency.
AISI Urges Senate to Approve the WRDA Bill
AISI has been a strong advocate for the Water Resources Development Act (WRDA) bill. The organization urges the Senate to approve the bill promptly to begin essential water infrastructure projects. AISI believes that these improvements will help the steel industry grow and remain competitive in the long term.
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