[Cacophonous]

This is easy. If people/companies have to use more disposable income to pay for artificially high steel costs, that is an inefficient use of capital that could otherwise be directed to more efficient investments.

You've given me no facts, just economic theory. A valid theory, but one that does not apply. As HamiltonJay says so well in #22: "Today these nations dump, because they are not profit driven, but employment driven.. in the process our profit driven industries are driven out of business, because they cannot compete."

In other words, your theory is right, but only if all parties play by the same rules...and they are not.

[Wyatt's Torch]

What is wrong with a company selling a product for less than it cost them to produce? Why is that bad?

As for quantitative facts, I am not a PHD economist, so I don't have the numbers backing up those economic laws.