Celebrating 40 Years logo

Industry News

Steel Market Development Institute Established

The American Iron and Steel Institute, Washington, D.C., announced the establishment of the Steel Market Development Institute. Its mission is “to advance the competitive use of steel through a market-driven strategy that promotes cost-effective, steel-based solutions.” The new institute, which will operate as a business unit of AISI, is funded through a direct investment from eight of North America’s leading steel producers.