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Ed Huntress
 
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Default George and Steel Tarifs -future prices

"Mark Rand" wrote in message
...
On Thu, 04 Dec 2003 22:35:06 GMT, "Ed Huntress"
wrote:

snip
As for the US producers crying wolf, that depends on how you look at it.
They were going broke; the big ones were all on the block last year, but
with few interested buyers. Why that happens to be can take a while to
answer. There are several big factors, some of which are within their
control and some of which aren't.

It's happened in the rest of the world, why not in the US as well?

Mark Rand
RTFM


Because we didn't start out with state-owned steel companies with
state-supported pensions and health care, and the kind of consolidation the
European and Japanese steel companies have indulged in would have violated
the Sherman Anti-Trust Act until recent years, and landed some steel execs
in deep doo-doo.

Ed Huntress