The Biden Administration Prioritizing Low Carbon Steel Purchases Through Government
Here is a great article President Joe Biden calls for buying Low Carbon Steel Buys.
The MetalMiner Team | Posted on September 20, 2022
The Biden-Harris Administration today announced that they would “prioritize the purchase of key low-carbon construction materials, covering 98% of materials purchased by the Federal government.” As steel plants shutter around the world, this is a boon to U.S. manufacturers concerned about dropping steel prices.
According to Kevin Dempsey, President and CEO of American Iron and Steel Institute, the move heavily prioritizes American-made steel. “Of the major steel-producing countries, the U.S. has the lowest CO2 emissions per ton of steel produced,” Dempsey said. “We’re pleased the administration continues to recognize that the American steel industry is leading the way on decarbonization.”
Automobile body components, structural shapes like I-beams, and construction components are common uses for low carbon steel. Compared to higher-carbon options, it is softer, but easier to weld and machine. And while it may not be as strong, low carbon steel prices are lower, and manufacturers feel it is the next logical step for the industry.
