But they import steel scrap and iron ore from the US.

They have massive stores of iron - but don't dig it since scrap
is cheap enough to sell again.

They seem to keep their stuff for themselves in the future and deplete ours.

Martin

On 6/27/2011 2:03 PM, Spehro Pefhany wrote:
On Mon, 27 Jun 2011 11:41:15 -0700, Jim
wrote:

Cydrome Leader wrote:
James wrote:

http://www.nytimes.com/2011/06/26/business/global/26bridge.html?src=me&ref=general

Regarding replacement of parts of the San Francisco Bay Bridge, above says
"Construction of the bridge decks and the materials that went into them are
a Made in China affair. California officials say the state saved hundreds of
millions of dollars by turning to China."

"Zhenhua put 3,000 employees to work on the project: steel-cutters, welders,
polishers and engineers. The company built the main bridge tower, which was
shipped in mid-2009, and a total of 28 bridge decks ? the massive triangular
steel structures that will serve as the roadway platform."

I'm sure that's some quality steel there.

There should be, it's made from melted down
Fords and Chevys.

Seems hard to believe, since China's total steel production is almost
an order of magnitude higher (630 million tons vs. 81 million tons)
than total US production.

http://en.wikipedia.org/wiki/List_of...eel_production