“The proposals, which were condemned by the unions Unite, GMB and Community, will leave the UK as the only G7 country without the ability to make steel domestically from scratch, after the Indian conglomerate Tata announced last September that it was closing its two blast furnaces at Port Talbot in south Wales with the loss of 2,500 job.” Guardian UK.
The tactical environmental idiots in America took victory laps cleaning up Pittsburgh and Gary only to make things environmentally worse for the entire planet by moving production to China! Biden’s free trade for China only made them a much greater threat for our grand kids! The ten largest steel producers in the world are :
1. China – 1,032,790 ktǂ
2. India – 118,201 ktǂ
3. Japan – 96,334.5 ktǂ
4. United States – 85,791.4 ktǂ
5. Russia – 75,584.8 ktǂ
6. South Korea – 70,418 ktǂ
7. Turkey – 40,360 ktǂ
8. Germany – 40,066.3 ktǂ
9. Brazil – 36,174.3 ktǂ
10. Iran – 28,460 ktǂ
#1 China produces more steel than #2 thru #10 combined. Japan wants to buy US Steel.
And that is all I’m going to say about that!
My first job was with a US fastener company that had just started buying all of their steel from Japan! You can blame FDR for this by granting unions Industry monopolies! We are not going to out muscle China so we will need to outsmart them with AI’s help!
Drain the Cesspool 