Canadian steel OK'd for border crossing
Dec 17, 2012 | 11:04 AM
| Michael Cowden
Tags
Buy America,
waiver,
Federal Highway Administration,
American Iron and Steel Institute,
Thomas Gibson,
USW,
Leo Gerard,
U.S.-Canada border crossing
steel
CHICAGO — The U.S. Federal Highway Administration (FHWA) has decided to partially waive "Buy America" requirements for the construction of a new border crossing between the United States and Canada.
The decision, which took effect Dec. 13, came in part because Canada is assuming all financial liability and risk for construction of the project, according to a U.S. Federal Register notice dated Dec. 12.
"The basic notion of fairness weighs in favor of allowing Canadian iron and steel to be used so long as American iron and steel is allowed to compete on an equal basis," according to the notice.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here