1、 TESTIMONY STATEMENT BEFORE THE CONGRESSIONAL STEEL CAUCUS ANNUAL STATE OF STEEL HEARING March 29,2017 Statement by Bryan Clark Senior Fellow,Center for Strategic and Budgetary Assessments ChairmanMurphy,Vice-ChairmanVisclosky,anddistinguishedmembersofthecaucus:Thankyouforinvitingmetotestifytodayont
2、heimportanceofsteeltoournationsinfrastructureandmilitary.WithanewAdministrationinplace,Congresswillhaveawiderangeofinvestmentandregulatoryinitiativestoconsider.TheseactionscouldsignificantlyimpactthehealthandoutputoftheU.S.steelindustry,whichIbelieveisanessentialcontributortoU.S.nationalsecurity.Mil
3、itaryandhomelandsecurityprogramssuchasarmoredvehicles,aircraft,andshipsrepresentonlyaboutthreepercentofU.S.steeldemand.1Thesecapitalinvestments,however,are built with American-made specialty steels not generally used inconstruction,appliances,or automobiles.For example,ship hulls require military-st
4、andardhightensilestrengthcarbonsteel,armorplatesaremadewithveryhardhigh-carbonsteellaminates,andaircraftuseexoticsteelalloyswithhighstrengthandlowweight.ProvidingthewiderangeofsteelsneededbydefensemanufacturersrequiresahealthyanddiverseAmericansteelindustry.ShipbuildingfortheU.S.NavyandCoastGuardist
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