Canada, Mexico Steelmakers Refuse New US Orders

[Diogenes]

We have to break the cycle of outsourcing everything to save a buck. It's fool's gold.

We're in deep now so it's going to hurt. Better now than later.

America has something most countries do not. The ability to be self sufficient if we need to be. Yes the spoiled generations who have never known anything else will complain but it has to be fixed.

If need be, so be it.

 

[Diogenes]

And we added trillions in debt to keep from going into a deep recession.

Congress did that, didn't they?

 

[Diogenes]

Is that a fact?

Are you asking me if my opinion is a fact?

 

[Diogenes]

It probably takes over a year to build a new steel mill. What are you suggesting we do until then? Eat cake?

Import what we need that we can't make ourselves, of course.

 

[Into the Night]

Making good steel cheaply not so much.

Steel is steel, Hawk. We can make all the alloys of steel that industry uses quite easily.

 

[Into the Night]

It won't take long to get funding to build a steelworks, design it, build it, and train its staff? I can see you have never built anything.

There are already steel mills in the United States, Wally.

In the real world, Nippon steel, the most efficient maker of steel in the world, offered to buy US steel, the least efficient maker of steel.

There is no 'efficiency' in making steel, Wally. You simply do it. The Earth is the same whether you call it 'real' or not, Wally.

So either US Steel will circle the drain for a few years, or will be bought out by Cleveland-Cliffs. If it circles the drain for a few years, there will be much less investment, and no research to develop the more efficient processes. If it is bought out by Cleveland-Cliffs, both will be even worse.

With tariffs, or even the threats of tariffs, it looks like the steel industries collapse might actually kill the car industry, and even construction.

Steel is steel, Wally. The United States is perfectly capable of making all the alloys that are used in industry.

 

[Into the Night]

Let's try to switch the Bethlehem Steel plant from a casino to a steel plant. I am sure that will only take a few decades.

There is no Bethlehem Steel, Wally. A steel mill is not a casino.

 

[Into the Night]

And that is why US Steel is the least efficient makers of steel; they think that you just have to get a hot fire.

That's certainly one of the requirements, Wally.

Here is a hint, the very productive makers of steel are mostly switching to electric furnaces.

That's one way to build a hot fire, Wally, but not the only way.

 

[Into the Night]

For scrap metal, without doubt. And given the amount of scrap metal in the USA, it is just criminal we are not using more electric furnaces.

No, Wally. Blast furnaces produce a better yield, and can run off of a variety of fuels.

For raw ore... A few years ago, I would say that electric furnaces might not be the best... But Nippon Steel seems to be using electric furnaces well with that too.

Nope. Nippon Steel uses blast furnaces, mostly using coke for fuel.

One good thing about my sojourn into finance is I have been surrounded by people intensely interested in EVERYTHING. Finance people study everything from suburban Californian teen style to Ghana cocoa production looking to make a buck. It rubs off on me.

Financially challenged, are ya?

Being a specialist in fintech has made me a generalist in tech tech.

You don't know how to make steel, Wally.

 

[Into the Night]

And that is why US Steel is the least efficient makers of steel;

They aren't, Wally.

they think that you just have to get a hot fire.

That's one requirement.

Here is a hint, the very productive makers of steel are mostly switching to electric furnaces.

Nope. Most steel makers (including Nippon Steel) use blast furnaces. It produces a better yield.

 

[Into the Night]

Are they giving us that 33 million megawatts for free?

Electric Power Monthly - U.S. Energy Information Administration (EIA)

www.eia.gov

Electric power Import from Canada in 2023 in megawatts - 33,225,087

Canada doesn't sell power to the United States, Poorboy. It doesn't control the ERIC or the WRIC either. The United States generates it's own power, just as Canada generates their own power.

The only place in continental North America that doesn't have sufficient power generating capacity and must import almost all it's power is the SDTC. This region happens to be fed by the WRIC on heavily overloaded lines. If a tripout occurs due to line overheating, the WRIC will NOT sacrifice itself to save the SDTC. It will shed that load and the SDTC goes dark. It will go dark due to their own fault. It's self inflicted, like the wildfires.

 

[Into the Night]

It probably takes over a year to build a new steel mill. What are you suggesting we do until then? Eat cake?

There are already steel mills all over the United States, Poorboy.

 

[Into the Night]

We'll get by. We closed the whole fucking country not long ago for a year over Fauci's virus.

Watch out for that Marxist 'we'.

The DEMOCRATS closed the country over the Covid Hoax, starting the current economic depression that so far has lasted through the Biden years. Trump is taking steps to end that depression.

 

[Into the Night]

And we added trillions in debt to keep from going into a deep recession.

Adding debt did not stop the economic depression, Poorboy.

 

[LurchAddams]

Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the US on concerns that President Donald Trump soon will reimpose duties.

Canada’s Stelco has been telling US-based consumers it is pausing sales quotes, according to a person familiar with the matter. Mexico-based steel suppliers also stopped taking orders for material this week as they await potential action from Trump, according to Flack Global Metals, a large buyer.

https://finance.yahoo.com/news/canada-mexico-steelmakers-refuse-us-171330059.html

Yeah, how's that "America first" shit going for you, fat Donny?

 

[LurchAddams]

Too fucking bad I guess we'll just have to go back to making our own then.

Oh wait what were those tariffs for again?

All tariffs do is force suppliers to raise prices. Any idiot should know that. Check that - Trumptards are clueless.

 

[ULTRA MAGA]

All tariffs do is force suppliers to raise prices. Any idiot should know that. Check that - Trumptards are clueless.

Eat shit Frankenstein

 

[Althea]

I retired about 20 years ago so I wasn't sure if the auto company I worked for still used steel from Stelco, I knew we use to, so I called a friend that still works there and he says we do , and I know Another one of the big has a plant in the area and they too used steel from Stelco so this will hurt the US auto industry and the US auto industry will have to lay people off.
And if it last long enough it could hurt a lot more people, it is a fact for every one auto worker working there are 6 to 8 other people employed
This could be a really big fuck up for Trump.
we will have to see, Feb first is only a week away.

I think it's great that the world is pushing back on trump's idiotic rhetoric. You are correct about the nature of jobs created by the auto industry. This will also affect the price of appliances the way it did when the flaccid orange moron imposed his tariffs years ago.

 

[Magats_Love_NHB]

 

[Althea]

So rather than buy steel from Mexico and Canada, we should buy it from China?

trump built all of his shit hole buildings with Chinese steel. I wonder if he paid his bills?