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 nation’s 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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