US Steel Making Comeback; IMPOSSIBLE! Dems Said so!

Discussion in 'Current Events' started by JimBowie1958, Feb 12, 2019.

  1. JimBowie1958
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    JimBowie1958 Old Fogey

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    There was complete agreement between Open Borders Dimocrats (about all of them now days) and open Borders RINOS that tariffs would destroy our nations economy and those lost steel and coal producing jobs will never come back.

    Wrong again, America Haters!

    U.S. Steel Firing Up Furnace in Alabama, Thanks to Tariffs

    United States Steel said Monday it will resume construction of a furnace in Alabama, adding 1.6 million tons of steelmaking capacity and hundreds of jobs.
    Construction on U.S. Steel’s mill in Jefferson County, Alabama, was suspended in 2015 after China’s overproduction caused a global steel glut that sent prices plummeting. The tariffs the Trump administration imposed last year have reduced the flow of foreign steel in the U.S. and allowed domestic makers to expand again.

    U.S. Steel Chief Executive Officer David Burritt said in a statement:

    Thanks to the President’s strong trade actions and improved market conditions, support from the United Steelworkers and incentives from the State of Alabama and the Jefferson County Commission, we are excited to add EAF capabilities to our company’s footprint and provide sustainable tubular solutions for our customers.​

    EAF refers to “election arc furnaces,” which make steel from scrap metal instead of iron ore. They are considered more energy efficient than traditional blast furnaces and can be restarted once shut down. Older furnaces often had to be retired once they were shut down.

    The Alabama plant will be the company’s second major expansion following the imposition of steel tariffs. The company restarted two blast furnaces at its mill near St. Louis last year.

    U.S. Steel said the electric furnace and related casting equipment will cost about $215 million and will add about 150 workers to the existing 750-person workforce.​

    MAGA for the win, folks!

    Doncha Corporate Crony minions just hate FACTS PROVEN TRUE?
     
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  2. Toro
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    Toro Diamond Member

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    Hooray for higher taxes!

    MAGA
     
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  3. August West
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    August West Gold Member

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  4. Claudette
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    Claudette Platinum Member

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    US Steele is doing great.

    http://www.globaltrademag.com/global-trade-daily/domestic-steel-industry-anyway/
     
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  5. Likkmee
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    Likkmee Gold Member

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    That would be a good place to look for a little lot and build a liquor store. 150 new customers.Lottery tickets, nod-a-head and Newports to start
     
  6. progressive hunter
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    progressive hunter Silver Member

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    well I would hope theyre doing better,,,the game was rigged in their favor
     
  7. depotoo
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    depotoo Platinum Member

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    Oh, my!
    From your article-

    The company said it had to idle the Midland plant several years ago mostly due to “dumped and subsidized stainless imports from China.
     
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  8. BlackFlag
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    BlackFlag Gold Member

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    I should hope so. The government is forcing people to buy from them, after all.
     
  9. depotoo
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    depotoo Platinum Member

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  10. Oddball
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    Oddball Unobtanium Member Supporting Member

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    Broken windows for economically illiterate republicans.....How may unseen jobs were not created for this "success" to happen?

     
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