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.
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.
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
Any steel coming from Meh-Hee-Ko ?
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.
IIRC, all steel was to be Made in the USA.