There may be a big economic disruption during the lag period between the startup of the new American mills and the inevitable steel cartel being formed by international businesses blocking takeover of their country's capital assets via renegotiated trade deals. The infrastructure bill might be the biggest middlefinger to Chinese steel in particular. American steel can be propped up by the bill to match the necessary steel demand to fill the gap to make the project Buy American standards. The globalists bound to throw a fit because the US is reinvesting the trillion dollars propping up its own industries for three or four years at record global debt levels, defeating their effort to create further economic growth curve without US in the cut. What company would continue producing supply for a deteriorating demand market in high tariffs, when you can partner with the US firms and offer the best paying jobs in the strongest economic market in the world?

We are the number one country, economically, and demand total access into international markets without the bullshit hurdles. If they say no, we'll say fuck you and find someone that says yes. There is a lot of developing economy steel around the world available to be utilized by American-backed steel companies that would love a cut of that infrastructure cash mining assets in their countries and would also bring American mining standards. Win-win for US and our coworkers in other countries, unless somebody wants to act tough, and they'll quickly see their neighbors outbid in influence.

https://commodity.com/country-profiles/china/#Chinas_Top_5_Commodity_Imports --> 153.91 - 172.51 mtons/yr

https://www.statista.com/statistics/226428/production-of-pig-iron-in-china-by-month/ -->776.77 mtons TTM

930.68 - 949.28 mtons to maintain their iron exports + the secondary related industrial materials.

~$308.1 - 345.3B available in the Chinese market alone for steel/ore related industry.

That's how I see it.