XL delay hurts competitiveness: SMA's Danjczek

Nov 11, 2011 | 03:48 PM | Michael Cowden

Tags  TransCanada, Keystone XL, pipeline, delay, Obama Administration, Steel Manufacturers Association, SMA, Tom Danjczek API

TORONTO — TransCanada Corp. and industry associations have criticized the Obama administration’s move to delay a decision until 2013 on whether to approve the Keystone XL pipeline.

Steel Manufacturers Association (SMA) president Thomas Danjczek said the delay would cost jobs and could drive up energy costs, thereby reducing the steel industry’s competitiveness.

"I do represent pipe makers. But our view is not as provincial as, ‘Oh, we would like to see more pipe sold.’ We really need energy in all forms—whether it’s the Marcellus Shale, the Keystone XL, offshore drilling or windmills," Danjczek told AMM Friday.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results