Comment on Anon is a man of steel
baines@lemmy.cafe 1 week 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
Where does the coal to fire the furnaces come from?
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.
arrow74@lemmy.zip 1 week 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
InfiniteStruggle@sh.itjust.works 4 days ago
Where does the coal to fire the furnaces come from?
Best_Jeanist@discuss.online 1 week 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.