US steel industry sees boost from CHIPS Act, infrastructure bills

Capt. John

A US law aimed at boosting computer chip manufacturers is providing a lift to steelmakers supplying the construction industry, executives said on earnings calls and analysts told S&P Global Commodity Insights. The US CHIPS and Science Act, signed into law in August 2022, includes over $50 billion...

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/030424-us-steel-industry-sees-boost-from-chips-act-infrastructure-bills

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