"Mark" wrote in message
...


My guess is the Chinese are buying up scrap to create a shortage. It's
easier/ cheaper to make steel from scrap. I think that would drive US
manufacturers cost higher making the US even less competitive.


OTOH, Dubya could always seize Chinese assets.


An interesting thought, but the US has a big advantage in the secondary
steel (scrap remelted in mini-mills) business. The Chinese are bigger in
primary steel -- steel made from ore.

Ed Huntress