American Steelmakers Push for $1 Trillion Infrastructure Boost

The American steel industry is pivoting its focus from tariffs to infrastructure, pressing President-elect Joe Biden’s team for a major package that it says could add at least 3 million jobs.

The Steel Manufacturers Association, which represents a handful of producers including the largest U.S. steelmaker, is pushing for a five-year, $1 trillion-plus infrastructure package to be funded as part of a Covid-relief bill. Funding should come from a “modest” increase in the gasoline tax, according to Philip Bell, the group’s president.

The group has shifted to infrastructure after successfully backing tariffs in 2018. The comments come after ...