Obama unveils infrastructure upgrade plan
Feb 21, 2013 | 11:02 AM
| Catherine Ngai
Tags
steel,
transportation,
infrastructure,
Obama,
ports,
roads,
bridges,
highways
Bill Shuster
NEW YORK The White House has unveiled a new infrastructure plan to upgrade the nations roads, bridges and ports, helping U.S. businesses become more competitive globally.
The plan includes a number of investments that could mean a pickup in steel demand. Last July, President Barack Obama signed into law a $100-billion transportation bill that would provide funding through fiscal 2014 (amm.com, July 9), but many market participants said the legislation has not translated into increased demand.....
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