Steel industry down 5.6% in 2022 in USA.

[BrickHouse88]

Thoughts and opinions on this?

Steel production down 5.6% in 2022

Great Lakes steel production dipped by 2,000 tons, while steel capacity utilization slipped last week, according to the American Iron and Steel Institute.

www.nwitimes.com

 

[BrickHouse88]

Looks like estimate predictions were quite off for 2022.

 

[The Duke]

Thoughts and opinions on this?

Steel production down 5.6% in 2022

Great Lakes steel production dipped by 2,000 tons, while steel capacity utilization slipped last week, according to the American Iron and Steel Institute.

www.nwitimes.com

I'm sure Biden chucked out anything that Trump did to bolster domestic steel manufacturing.

They didn't weight the pros and cons of any policies, just got in there like a bunch of monkeys destroying everything.

 

[BrickHouse88]

I'm sure Biden chucked out anything that Trump did to bolster domestic steel manufacturing.

They didn't weight the pros and cons of any policies, just got in there like a bunch of monkeys destroying everything.

Someone mentioned to me that car manufacturers around the world had to shutdown plants and decrease productions this year due to a semiconductor chip shortage. That might have something to do with the steel production decrease in 2022.

Not sure if Joe Biden and his administration had anything to do with that though.

The third link below blames the shortage on Covid.

Chip shortage forces Ford to cut SUV, truck production at two plants

The Detroit automaker has been one of the most impacted by the parts shortage, which has caused sporadic plant shutdowns across the industry.

www.cnbc.com

Three Stellantis plants take downtime for chip shortage

A global microchip shortage continues to chip away at production in the auto industry.

www.detroitnews.com

Why The Chips Are Down: Navigating the Global Chip Shortages and Beyond | Jabil

The supply chain bottlenecks we've experienced in recent years start with the global chip shortage, the most severe of ongoing component shortages.

www.jabil.com

 

[BrickHouse88]

I'm sure Biden chucked out anything that Trump did to bolster domestic steel manufacturing.

They didn't weight the pros and cons of any policies, just got in there like a bunch of monkeys destroying everything.

Steel production around the world decreased in the first half of 2022, and probably the second half too. I’m not sure exactly the reason why though.

 

[The Duke]

Someone mentioned to me that car manufacturers around the world had to shutdown plants and decrease productions this year due to a semiconductor chip shortage. That might have something to do with the steel production decrease in 2022.

Not sure if Joe Biden and his administration had anything to do with that though.

The third link below blames the shortage on Covid.

Chip shortage forces Ford to cut SUV, truck production at two plants

The Detroit automaker has been one of the most impacted by the parts shortage, which has caused sporadic plant shutdowns across the industry.

www.cnbc.com

Three Stellantis plants take downtime for chip shortage

A global microchip shortage continues to chip away at production in the auto industry.

www.detroitnews.com

Why The Chips Are Down: Navigating the Global Chip Shortages and Beyond | Jabil

The supply chain bottlenecks we've experienced in recent years start with the global chip shortage, the most severe of ongoing component shortages.

www.jabil.com

It's entirely possible new steel manufacturing plants rely on proprietary silicon these day. There are asome, and that could be the case.
Not long ago the machines were running on Windows XP.
That was before Trump bolstered steel manufacturing in America.

 

[The Duke]

Steel production around the world decreased in the first half of 2022, and probably the second half too. I’m not sure exactly the reason why though.

Lack of people with money to buy things.
Lack of people with money to spend.

 

[Hutch Starskey]

Thoughts and opinions on this?

Steel production down 5.6% in 2022

Great Lakes steel production dipped by 2,000 tons, while steel capacity utilization slipped last week, according to the American Iron and Steel Institute.

www.nwitimes.com

Is it relevant to anything?

The entire world uses steel.

 

[Hutch Starskey]

It's entirely possible new steel manufacturing plants rely on proprietary silicon these day. There are asome, and that could be the case.
Not long ago the machines were running on Windows XP.
That was before Trump bolstered steel manufacturing in America.

Most steel in production is recycled.

 

[Hutch Starskey]

Lack of people with money to buy things.
Lack of people with money to spend.

Lack of demand.
There’s a lot of producers around the world.

Chin up though.
Biden’s infrastructure stipulated American steel.

 

[The Duke]

Lack of demand.
There’s a lot of producers around the world.

Chin up though.
Biden’s infrastructure stipulated American steel.

Yeah, with no consumers with money in their pockets to buy steel products, fucktardo.
Frickin' a Jeenius plan! How could anything go wrong?
People have to spend their steel money on the electric bill, fuel, housing, and food.
Now that all those things cost more due to Biden. Shitbag.
Steel products are low on the American priority list right now.

 

[Hutch Starskey]

Yeah, with no consumers with money in their pockets to buy steel products, fucktardo.
Frickin' a Jeenius plan! How could anything go wrong?

Hmm…
The infrastructure bill. Payments included, stipulated American steel, dope.

 

[Hutch Starskey]

The Duke

Biden requires infrastructure projects to use steel and iron made in the U.S.

New guidance requires that the material purchased — whether it's for a bridge, a highway, a water pipe or broadband internet — be produced in the U.S.

www.cbsnews.com