Trump Moves to Increase Domestic Steel Content in Government Contracting
07/16/2019 - U.S. President Donald Trump signed an executive order on Monday intended to boost the amount of domestic steel used in federal projects.
The order would, in effect, raise the content threshold for domestic steel.
American Iron and Steel Institute president and chief executive Thomas J. Gibson hailed the move.
“This announcement is another positive step in ensuring the fullest possible implementation and enforcement of existing domestic procurement laws and ensuring the steel industry remains competitive,” Gibson said.
“Strong domestic procurement preferences for federally funded infrastructure projects are vital to the health of the domestic steel industry, and have helped create manufacturing jobs and build American infrastructure,” he added.