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September 2004, Week 4

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Craig Lalley <[log in to unmask]>
Reply To:
Craig Lalley <[log in to unmask]>
Date:
Mon, 27 Sep 2004 22:49:01 -0700
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--- Peter Smithson <[log in to unmask]> wrote:
> I'm no expert but I thought the US was not so keen on free trade.  I
> remember some problem with steel and I managed to find this story which
> is must be what I'm remembering -
>
> http://www.usatoday.com/money/covers/2002-03-06-steel.htm

Peter,

That article is a tad bit old.  2 1/2 years.

Trust me, one of my customers is in the steel business and every ounce of scrap
is being bought up, by China.

I don't know how this is affecting the rest of the steel industry, but cost of
raw materials is way up.

-Craig




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