American steel unlikely to get Keystone boost despite Trump order

New York

WHEN US President Donald Trump signed orders to revive two controversial energy pipeline projects last week, he pledged to require new pipelines to use American-made steel, a gesture to workers in the hard-hit industry who helped propel him to power.

But US steelmakers will receive negligible benefit from the multi-billion dollar Keystone XL project, one of the two projects Mr Trump ordered to proceed, because they have limited ability to meet the stringent materials requirements for the TransCanada line.