I agree that the tariffs were not a good idea. But in the time they
have been in place there has been a lot of consolidation in the steel
industry. There actually was not a lot of extra profit to use for
improvements, just not a lot of deficits.

Dan


Glenn Ashmore wrote in message news:Rg4sb.15067$62.13280@lakeread04..
..
The tariffs were a big mistake in the first place. They were supposed
to reduce imports give the US steel industry time and money to update
facilities but for the most part very little of the extra profit has
been used for any improvements. At the same time imports have not gone
down much. The increase in price has actually attracted more foreign
producers.