US must tackle fiscal problems: Lundgren

Nov 12, 2012 | 04:16 PM | Lisa Gordon

Tags  Schnitzer Steel Industries, Tamara Lundgren, AMM's 6th Annual Steel Scrap Conference, steel, scrap, Lisa Gordon

PHILADELPHIA — The United States must avoid a plunge off the fiscal cliff, embrace a strong energy policy, invest in infrastructure and create a business-friendly regulatory environment if it is going to fully recover and prosper, according to Schnitzer Steel Industries Inc.’s the top executive.

The threat of the fiscal cliff is creating uncertainty in the business sector, president and chief executive officer Tamara Lundgren said Monday at AMM’s 6th Annual Steel Scrap Conference in Philadelphia.

"This is madness," she said. "The only reason we are perched out on the ledge is our legislators walked us out there themselves."....

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