Comment on Anon is a man of steel
baines@lemmy.cafe 1 month ago
then the mill closed because of tariffs
The mill is doing fine. The increased tariffs help them sell their product since they are producing US made steel.
The mill will close after the tariffs crash the economy and they have no one left to buy their steel, but for a few quarters the profits were amazing
The mill still needs iron ore and coal. The prices of both are up because of the tariffs, so the mill isn’t guaranteed to benefit from the tariffs at all.
Where does the coal to fire the furnaces come from?
arrow74@lemmy.zip 1 month ago
The mill is doing fine. The increased tariffs help them sell their product since they are producing US made steel.
The mill will close after the tariffs crash the economy and they have no one left to buy their steel, but for a few quarters the profits were amazing
Best_Jeanist@discuss.online 1 month ago
The mill still needs iron ore and coal. The prices of both are up because of the tariffs, so the mill isn’t guaranteed to benefit from the tariffs at all.
InfiniteStruggle@sh.itjust.works 1 month ago
Where does the coal to fire the furnaces come from?