Washington DC: During last night’s State of the Union Address, President Biden spoke to several subjects important to American steelmakers. The President cited matters including infrastructure investment, Buy America(n) policies, passage of the Bipartisan Innovation Act, and the growth of the manufacturing sector during his speech.
In his remarks, President Biden said, “…That we must make sure everything from the deck of an aircraft carrier to the steel on highway guardrails are made in America.” Steel Manufacturers Association (SMA) president Philip K. Bell stated: “The SMA stands with the administration’s efforts to improve our nation’s infrastructure using steel that is made by Americans for Americans. Doing so, we will create jobs and build the backbone of our nation with the cleanest, greenest, and most sustainably produced steel in the world.”
Bell added, “We also applaud the administration’s efforts to pass the Bipartisan Innovation Act. This legislation will level the playing field for domestic steelmakers and manufacturers by making record investments in emerging technologies and American manufacturing. We will become more competitive while standing up to China as a result. We encourage Congress to pass this legislation as soon as possible.”
About the SMA
SMA is the largest steel industry trade association in the United States and is the primary trade association representing North American EAF steel producers. EAF steelmakers account for almost 70 percent of domestic steelmaking capacity using an innovative, 21st-century production process that is less energy-intensive and has lower carbon emissions than traditional steelmaking. For more information, check out our LinkedIn page.