Question 1:
If the price of steel is raised 400% to 800%, will the cost 
of domestic steel production still be less than from foreign 
sources?

Question 2:
Will not raised steel cost, regardless of the source, infringe 
on our ability to produce goods for the market vis-a-vis other
countries?  (Considering the U.S. higher labor rate?)

Question 3:
Will Americans be able to afford a higher cost of products
caused by the above, or start learning to 'do without'?

BT


Tracy Johnson
MSI Schaevitz Sensors 

> -----Original Message-----
> From: HP-3000 Systems Discussion [mailto:[log in to unmask]]On
> Behalf Of Wirt Atmar
> Sent: Wednesday, March 17, 2004 2:53 PM
> To: [log in to unmask]
> Subject: Re: [HP3000-L] OT: Is Atlas Shrugging? [was: More Raw Meat]
> 
> 
> Tracy peers through a glass darkly:
> 
> > If the price of steel has gone through the roof, one can
> >  conjecture the cost of U.S. manufactured goods will also
> >  rise and be driven out of the market.  Cars, planes,
> >  trains, tanks, ships, washing machines, refrigerators,
> >  theme parks (yes there's a link to that also,) etc, won't
> >  get built due to steel prices.
> 
> If the price of steel rises sharply, hundreds of steel mills will come
> on-line in the US almost instantly. Steel is not a 
> "cornerable" commodity.
> 
> Wirt Atmar
 

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