DEATH OF AMERICAN STEEL

[Bob Denman]

...PS) Bob, while you & I disagree on a number of issues; if we ever meet up, let's have a drink on those things we do agree on.

:clap::2thumbs::cheers:

 

[SPECTACUALR SPIDERMAN]

china dumps plastic & steel PRODUCTS on the u.s. and that is what trump should be looking at not just raw materials

 

[Rob Rodriguez]

I don't know a lot about this but to me just looking at this from a 50,000 foot view. This new policy is very similar to a number of the new policies of this administration in that it seems to be a covert way to make the rich richer and those of us that are not rich, not richer.

 

[timeless]

IN ADDITION

THE FOREIGN STEEL MANUFACTURERS ARE GOVERNMENT SUBSIDIZED !!!!!!!!!!!!!!!!!!!!!!!

Your post deserves an answer.

One of the ways we lost the steel war was that foreign manufacturers built much more efficient and smaller mills. They were able to produce a quality product at a lower cost than our "outdated" WWII mills (which had done so much to win WWII). We did not notice they were eating our lunch during the 1950's because our economy was so good. Then the world caught up and we had a problem.

Regarding the old mills near Bethlehem, PA......my son moved up there some years ago. His first condo was in one of those old mills. They kept the outside as it was and redeveloped the insides and were very pleasant to live in. Interestingly, they left a lot of the old hoists in place so you can walk inside in the atrium and look up and see the control station and all the big lifts they used to move the huge steel around the plant. Down the street they turned one mill into a large casino. It is very fancy and a great repurpose job. Both are just feet away from a river and live train tracks come within 4 feet of the corner of the building (average speeds are walking speeds).

 

[Holly]

That is EXACTLY the reason I funded my own retirement instead of depending upon my employer to do so. Yes, it meant sacrifice during a good portion of my working years but when I retired I had a very nice nest egg which is now larger than it was in 2001 despite my wife's attempts to reduce it to ashes.

And thanks to my smart vote, it's even bigger now. You're welcome......... :thumbup:

 

[RinconRyder]

THE FOREIGN STEEL MANUFACTURERS ARE GOVERNMENT SUBSIDIZED !!!!!!!!!!!!!!!!!!!!!!!

Some are and some are not. But that doesn't only apply to steel manufacturers. It also applies to vehicles, aircraft and home appliances.

 

[Bob Denman]

Says the new owner of a foreign-made and very expensive motorcycle.

BRP is at least a North American Company...
...And there is no direct competition for the Spyder either!

 

[Explorer]

Some are and some are not. But that doesn't only apply to steel manufacturers. It also applies to vehicles, aircraft and home appliances.

Many USA companies are also subsidized. Free land, free employee training, tax abatement, etc.

Roger