Canada, Mexico Steelmakers Refuse New US Orders

Truck Fump / h1b said:
yes.

maybe.

but if were using those outside resources to build factories to get OFF outside resources in the future, it's a smart move.

you don't get smart things because you're dumb.

:truestory:
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then wouldn't you build those things before you tariff the things you're going to need to build them? :palm: You do realize the tariffs are on the companies in the US bringing in materials, right? the tariffs are not actually on the foreign companies in their own countries. Just asking because I've seen far too many Trumpers think it's the other way around d.

But hey what do I know, I don't have the single shared braincell of Trump like you MAGAts pass around between one another.
 
SlaveForChrist said:
then wouldn't you build those things before you tariff the things you're going to need to build them? :palm: You do realize the tariffs are on the companies in the US bringing in materials, right? the tariffs are not actually on the foreign companies in their own countries. Just asking because I've seen far too many Trumpers think it's the other way around d.

But hey what do I know, I don't have the single shared braincell of Trump like you MAGAts pass around between one another.
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or after.



fiat currency is easy to print.

yes. you're very ignorant.
 
EdwinA said:
In one respect, the United States is ahead of the curve. About 70 percent of the nation’s total steel supply is made by melting down recycled scrap in electric arc furnaces, of which there are more than 150 nationwide. But many companies still rely on primary steel to meet the strength and quality requirements of their finished goods.

www.canarymedia.com

Move over, data centers. US steel mills need lots of clean power too.

A new report quantifies just how much clean electricity the US steel industry will need to decarbonize — a task that could get even harder under Donald…
www.canarymedia.com www.canarymedia.com

The imported steel is made in blast furnaces; the U.S. is moving to EAF's for new steel; it's a matter of time and finding investors. The latter will get easier with tariffs in place on imports. The Trump bashing aside, which is weird considering it will be on-shoring back to the U.S. and Europe that will ultimately reduce burning coal for anything; the 'environmentalists' are mostly idiots and ideologues, not rationalists.

Also see this article from MIT:

climate.mit.edu

What will it take for the American steel industry to go ‘fossil-free’?

This story by MIT Environmental Solutions Journalism Fellow Reid Frazier was originally published in the Allegheny Front, where it appears as an audio report and with additional photos and resources. Inside a warehouse in the northern Swedish city of Luleå, Helena Sundberg grabs a handful of...
climate.mit.edu climate.mit.edu

The Biden administration successfully pushed through renewables-friendly policies, like the 2022 Inflation Reduction Act, which included subsidies for clean energy and clean hydrogen. It also set aside $1 billion for two steel companies to develop low-carbon steel.

One is Sweden’s SSAB, to build a hydrogen-based steel plant in Mississippi. According to the company, the project is still subject to negotiation between the Department of Energy and SSAB.

The other is Cleveland-Cliffs, for a plant in Ohio to use natural gas to process iron ore instead of coal. The plant, which is in the initial planning stages, could eventually be converted to hydrogen.

Cleveland-Cliffs CEO Lourenco Goncalves told investors earlier this year that hydrogen was game-changing for the industry.

“Going forward, we expect a lot of progress over the next decade with emphasis on hydrogen,” he said.

The U.S. steel industry already has a lower carbon footprint than steel industries in other countries because most of its steel is produced out of scrap metal in electric arc furnaces. But the industry still produces about 30 percent of its steel using traditional, coal-based blast furnaces, such as U.S. Steel’s Mon Valley Works.

Lots of new tech on the way, and it won't be used in third world shitholes first. We need to build about 40 nuclear plants at least.
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Nope. Quoting leftist propaganda won't work. Steel making in the United States uses blast furnaces, since they produce better yield and quality.
 
SlaveForChrist said:
then wouldn't you build those things before you tariff the things you're going to need to build them? :palm: You do realize the tariffs are on the companies in the US bringing in materials, right? the tariffs are not actually on the foreign companies in their own countries. Just asking because I've seen far too many Trumpers think it's the other way around d.

But hey what do I know, I don't have the single shared braincell of Trump like you MAGAts pass around between one another.
Click to expand...
Tariffs are a tax on imported goods, paid by the importer.
They discourage trade with that country.

Domestically produced goods have no tariff. This means that the exporting nation will lose the business. Thus, the exporting nation also pays a price. It can be a hefty one.

To give you an idea of how this works, look at the recent example with Colombia. The threat of hefty tariffs on the stuff they sell (primarily coffee) to the United States caused them to wise up and accept those deportees within literally hours. Why would the Colombian leader suddenly fold like that? Because he was finally realizing his economy would go to shit if he didn't!
 
Into the Night said:
Tariffs are a tax on imported goods, paid by the importer.
They discourage trade with that country.

Domestically produced goods have no tariff. This means that the exporting nation will lose the business. Thus, the exporting nation also pays a price. It can be a hefty one.
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but the real point is that domestic producers can beat out tariffed imports, thus revitalizing the domestic economy.
 
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