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US president's State of the Union address gets mixed reviews from steel industry

February 14, 2013 - 18:10 GMT Location: New York

KEYWORDS: State of the Union , Barack Obama , American Iron and Steel Institute , Thomas Gibson , The Steel Manufacturers Association

US president Barack Obama’s State of the Union address on February 12 drew a mixed response from US manufacturers and metal market participants.

Some industry leaders welcomed the president’s emphasis on manufacturing, while others were concerned by the spectre of carbon regulation and unanswered questions about trade. The president focused on economic growth and job creation, praising the manufacturing sector for adding 500,000 jobs in the past three years. "We are pleased the president seems to recognise the contribution of manufacturers, like our nation’s steel industry,...

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