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Search Results: keywords:"iron and steel industry"

  • H. R. 9334, titled the "Steel Modernization Act of 2024," aims to upgrade and enhance the steel and iron industry in the United States. It focuses on modernizing facilities to reduce greenhouse gas emissions, encouraging innovation, and implementing tariffs on imported steel...

    Simple Explanation

    The Steel Modernization Act of 2024 is like a plan to help make the factories in America, where they make strong steel, cleaner and better for the environment. It aims to help these factories have less smoke and pollution, make new kind of steel, and also make sure the people working there are well-trained, with some special rules about buying steel from other countries to help American steelmakers.