snjmom
VIP Member
Steel is not a raw material. Iron is... Coke is... but Steel must be manufactured.. Please go back to Metallurgy Class. It is an input.
Steel is a raw material for vehicle manufacture.
The only inputs are Land which contains raw materials and anything derived from nature, Labor, Capital which are the manufactured goods used in production and Enterprise. This isn't metallurgy, it's economics. Learn the terms and understand what they define.
All commodities come under Land. Labor by definition isn't a commodity.
That's a bullshit thought process. If Steel were a naturally occurring product, I'd agree... but it's not. It has to be produced before it even comes close to an Auto plant. Is it a Material? Yes... but it's nowhere near "RAW". Automobiles are DEPENDENT upon Steel Manufacturers... therefore it is an INPUT.
What kind of input is it? Is it Land, Labor, Capital or Enterprise?