Steel Shortage
02-23-2021, 10:24 AM
#11
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Joined APC: Sep 2019
Posts: 1,538
Originally Posted by velosnow
Well, my father in law sells the stuff so he knows quite well the impact it had. Certain mines may have perhaps benefited, but selling it was a whole 'nother story. Complicated issue, because some will now see it as a good thing that prices are up but others who consume it not so much. Costs are way up in the construction biz as well, which are also tied to the steel tariffs for raw material.
I think the importers of Chinese steel don't like it. The local producers probably have a different view. I am not a fan of tariffs but when one country is artificially lowering prices and currency rates to gain an advantage there aren't many other options. I think all trade should be free as long as we all play by the rules. Tariffs and price controls carry the risk of many unintended consequences and possible economic harm.
02-23-2021, 10:41 AM
#12
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Joined APC: Nov 2010
Posts: 1,170
Originally Posted by Seneca Pilot
I think the importers of Chinese steel don't like it. The local producers probably have a different view. I am not a fan of tariffs but when one country is artificially lowering prices and currency rates to gain an advantage there aren't many other options. I think all trade should be free as long as we all play by the rules. Tariffs and price controls carry the risk of many unintended consequences and possible economic harm.
02-23-2021, 04:01 PM
#13
Banned
Joined APC: Jul 2017
Posts: 894
Originally Posted by velosnow
Well, my father in law sells the stuff so he knows quite well the impact it had. Certain mines may have perhaps benefited, but selling it was a whole 'nother story. Complicated issue, because some will now see it as a good thing that prices are up but others who consume it not so much. Costs are way up in the construction biz as well, which are also tied to the steel tariffs for raw material.
02-23-2021, 04:36 PM
#14
Bracing for Fallacies
Joined APC: Jul 2007
Position: In favor of good things, not in favor of bad things
Posts: 3,543
Six Democrat mayors in
Minnesota endorse Trump
for reelection
Maxine Shen For Dailymail.com8/30/2020Six Minnesota Democrat mayors and one former Independent mayor have endorsed President Trump for reelection after claiming that Democrat presidential hopeful Joe Biden hasn't done anything to help working class people.
In a letter dated Friday, six mayors from Minnesota's Iron Range - named for their iron-ore mining districts - said they were supporting Trump over Biden, after having voted Democrat in the past.
02-23-2021, 05:03 PM
#15
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Joined APC: Nov 2010
Posts: 1,170
Originally Posted by 123494
He sells steel? Can you expand on this? I’m curious
02-24-2021, 06:20 PM
#17
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Joined APC: Sep 2014
Posts: 1,316
Originally Posted by Jimmy McFlap
“You will own nothing and you’ll be happy”
This is such an scary statement. At some point they gonna tell us what to think, do, wear and look like. Sounds familiar?
This is such an scary statement. At some point they gonna tell us what to think, do, wear and look like. Sounds familiar?
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