Track_Shovel@slrpnk.net to Greentext@sh.itjust.worksEnglish · 8 days agoAnon is a man of steelslrpnk.netimagemessage-square7fedilinkarrow-up1392
arrow-up1392imageAnon is a man of steelslrpnk.netTrack_Shovel@slrpnk.net to Greentext@sh.itjust.worksEnglish · 8 days agomessage-square7fedilink
minus-squarearrow74@lemmy.ziplinkfedilinkarrow-up40·8 days agoThe mill is doing fine. The increased tariffs help them sell their product since they are producing US made steel. The mill will close after the tariffs crash the economy and they have no one left to buy their steel, but for a few quarters the profits were amazing
minus-squareInfiniteStruggle@sh.itjust.workslinkfedilinkarrow-up3·2 days agoWhere does the coal to fire the furnaces come from?
minus-squareBest_Jeanist@discuss.onlinelinkfedilinkarrow-up11·7 days agoThe mill still needs iron ore and coal. The prices of both are up because of the tariffs, so the mill isn’t guaranteed to benefit from the tariffs at all.
The mill is doing fine. The increased tariffs help them sell their product since they are producing US made steel.
The mill will close after the tariffs crash the economy and they have no one left to buy their steel, but for a few quarters the profits were amazing
Where does the coal to fire the furnaces come from?
The mill still needs iron ore and coal. The prices of both are up because of the tariffs, so the mill isn’t guaranteed to benefit from the tariffs at all.