U.S. INFRASTRUCTURE Could a bridge collapse do what legislation hasn’t?
Oct 01, 2007 | 02:54 PM
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The media frenzy and public outcry following the Minneapolis bridge collapse could push politicians to boost spending on infrastructure and, in particular, on bridges, several steel executives said. Any such moves could prove a boon to producers of plate, reinforcing bar, beams and structural shapes.
It takes about 25,000 to 30,000 tons of steel to build a very large bridge, said William B. Larson, senior vice president and chief financial officer of Irvine, Texas, mini-mill Commercial Metals Co. (CMC). Builders would need between 10,000 and 15,000 tons to construct a smaller bridge like the one in Minneapolis, while heavy repairs to an existing bridge would require about 5,000 to 10,000 tons. "That is substantial—and that's not talking about the highways that lead into them or anything else," he said.....
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