Posted on 03/26/2018 6:04:48 PM PDT by ak267
The passage of the defense spending portion of the Omnibus bill ultimately means there will be increased demand for U.S. steel and aluminum within new defense equipment. The contracts within the procurement process will predictably require the use of U.S. parts.
Add the increase in defense spending with the pending global tariffs on steel imports, and the environment is created for foreign investment in domestic steel and metal manufacturing…. Then add into the mix the geopolitical economic relationship developed between India’s Prime Minister Modi and President Trump… And you discover the backdrop for this announcement from India owned JSW Steel:
(Excerpt) Read more at theconservativetreehouse.com ...
ping
Keeping Texas red...
BOOM
SNOWY! :)
I would sure like to see someone reopen the Sparrows Point mill in Baltimore MD. Would bring back a lot of jobs.
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