Bills aim to make coins from domestic steel

Dec 19, 2011 | 05:29 PM | Corinna Petry

Tags  U.S. coins, penny, nickel, steel, American Iron and Steel Institute, Thomas Gibson, Rep. Steve Stivers, Corinna Petry

CHICAGO — The American Iron and Steel Institute is backing legislation that would force the U.S. Mint to make more coins out of steel rather than copper and nickel.

U.S. Rep. Steve Stivers (R., Ohio) introduced the Cents and Sensibility Act and the Steel Nickel Act, which aim to lower the cost of making pennies and nickels by using U.S.-made steel in lieu of copper and nickel.....

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