Funding problems stalling infrastructure, Mendez says

May 14, 2014 | 02:34 PM | Thorsten Schier

Tags  Steel Manufacturers Association, SMA, Victor Mendez, acting deputy secretary of transportation, Richard Teets, Thorsten Schier

WASHINGTON — Uncertainties about federal funding levels are stalling substantial infrastructure projects across the United States, according to a top Transportation Department official.

"If you talk to state departments of transportation and their directors, a lot of things are being held back or scaled back, and in some cases canceled altogether ... at the exact moment we should be building more" due to crumbling infrastructure and population growth, acting deputy Transportation Secretary Vincent Mendez said at the Steel Manufacturers....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results