Posted on 09/20/2019 7:02:48 AM PDT by jdsteel
Ive looked and could find no information on which US steel manufacturers are providing the steel for the wall.
Does anyone know?
I can think of 3 manufacturers. Nucorp, AK Steel, US Steel.
The latter, is trading at 2x earnings and has 26% of their stock short. Very odd....
Is it possible that the short side is politically motivated, could it be Soros?
Steel stocks, have been torched over the last 18 months, while they have been profitable.
Correction, it is Nucor, not Nucorp
Every company that wins a bid to build a segment of wall, has to source their own suppliers.
I think it’s Jeff Epstien’s Steel Company
Making the Wall Jeff’s Last Erection.
By the way, who killed Jeff Epstein and what will be done about it?
The other Steel company you did not to mention is Steel Dynamics, STLD. They are an interesting company in the sense that they make steel strictly by recycling old Steel. In other words, no Blast Furnace, no coal, No Coke Ovens. I believe Nucor is the most efficient traditional manufacturer. As for US Steel, I have a varied opinion. I cannot figure out whether US Steel is perhaps fatally burdened with old facilities, and will at some point declare a strategic bankruptcy because they have pensions that go back to decades ago. I just do not know the answer to that question.
BOL......
Blue Horseshoe loves Anacot Steel
I couldn’t care less.
"In March last year, US President Donald Trump imposed tariffs of 25% on steel
and 10% on aluminum imports from several countries.
But Trump agreed two months ago to lift tariffs on steel and aluminum imports from Canada and Mexico,
in an attempt to defuse tensions as the three countries negotiated a new trade agreement. "
source :
https://www.cnn.com/2019/07/09/economy/us-steel-china-mexico/index.html
and Arcelor Mittal, worlds largest steel producer with 12 facilities in the US.
Any steel coming from Meh-Hee-Ko ?
China is also know for making walls.
Quite possible steel i coming from Mexico...remember we have a new agreement.
Billy Carter’s brother Jimmy killed the steel industry a few decades ago part of agenda 21 I expect.
The design is strong - with steel, rebar and concrete poured inside - but the problem is drug dealers can easily pass drugs through the wall. No more having to toss the stuff over - just small packet it through the bars.
Trump’s idea of concrete was better... put a path on the top with guard towers and it would have worked better and longer.
Sooooooo bad!!
The new agreement has not been ratified by the US or Canada.
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