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It isn't a hopeless prospect to manufacture steel in America. Dozens of "minimills" have sprung up in the shadow of the dead steel giants, because they use modern technology and non-union labor.

You'd best Google NuCor and read the last few statements they've made...they are NOT doing well at all.

Come up with another excuse for the steel problem besides unions (that's irrelevant) and 1955.

Hint: X42 is a traitor for allowing PNTR/MFN for Red China in the first place, and GWB has his head stuck firmly where the sun doesn't shine on the issue of FAIR trade.

You'd best Google NuCor and read the last few statements they've made...they are NOT doing well at all.

Okay, I went and looked at Nucor.

http://finance.yahoo.com/search?type=&s=nucor&r=

I see that their stock has almost doubled in the last twelve months, has gone from a low of about 18 to a present 50 since early 2003, and that their stock split in October.

In addition, they issued a press release today entitled "Nucor Announced 127th Consecutive Cash Dividend". They have a 12.31% operating margin and a 31% RoE. They have a healthy cash flow, and a healthy balance sheet.

Looks pretty good.