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Started By
Message
America is for sale: Japan buys US Steel
Posted on 12/18/23 at 12:23 pm
Posted on 12/18/23 at 12:23 pm
22
Posted on 12/18/23 at 12:28 pm to FlexDawg
Yes, actually
Posted on 12/18/23 at 12:30 pm to FlexDawg
His FTC would have had a lot of stipulations though
Posted on 12/18/23 at 12:30 pm to FlexDawg
Still amazed it wasn’t China.
I’m perplexed.
I’m perplexed.
Posted on 12/18/23 at 12:32 pm to FlexDawg
Being bigger than US Steel doesn’t have the cache it used to, does it Hyman Roth?
Posted on 12/18/23 at 12:32 pm to FlexDawg
Posted on 12/18/23 at 12:35 pm to FlexDawg
America has always been for sale.
Well .... at least since our beloved South lost the War of Northern Aggression.
Well .... at least since our beloved South lost the War of Northern Aggression.
Posted on 12/18/23 at 12:38 pm to FlexDawg
Lots of companies are bought and sold by foreign entities. Not sure why this is controversial.
Posted on 12/18/23 at 12:44 pm to FlexDawg
The GOPe has been selling out main street fo 30 years.
Posted on 12/18/23 at 12:47 pm to FlexDawg
Interesting move. Japanese steel production is superior to the U.S. It's because their plants were forced to modernize after we destroyed them all during WWII. America kept trying to fix very old plants and didn't do a very good job.
Posted on 12/18/23 at 1:10 pm to FlexDawg
If one were to browse the US Steel website, one would see they seem as woke as the white house.
Posted on 12/18/23 at 1:11 pm to FlexDawg
Where is IBchinaman stand on this?
Posted on 12/18/23 at 1:15 pm to FlexDawg
Japan needs more steel than we do since they actually manufacture things.
Posted on 12/18/23 at 1:17 pm to FlexDawg
Steel is my line of work. If we are discussing high end stuff, items used in pressure vessels, corrosive and/or hot environments, US Steel is obsolete anyway.
The United States has been very far behind other nations for a long time in the steel industry. Up until recently, even the high quality steel domestically produced was foreign owned by ArcelorMittal. In 2020 AM US assets were acquired by Cleveland Cliffs. Nucor doesn’t have the capability of producing steel that meets many specifications of large O&G companies outside of just general carbon steel grades.
It’s unfortunate, but Nippon buying out US Steel will probably be a great thing for domestic capabilities.
Don’t shoot the messenger
The United States has been very far behind other nations for a long time in the steel industry. Up until recently, even the high quality steel domestically produced was foreign owned by ArcelorMittal. In 2020 AM US assets were acquired by Cleveland Cliffs. Nucor doesn’t have the capability of producing steel that meets many specifications of large O&G companies outside of just general carbon steel grades.
It’s unfortunate, but Nippon buying out US Steel will probably be a great thing for domestic capabilities.
Don’t shoot the messenger
Posted on 12/18/23 at 1:17 pm to FlexDawg
Everyone knows grorious nippon steer is superior to shitty gaijin steer. Nippon steer is froded over 5000 times. Nippon Katana is best weapron ever made.
Posted on 12/18/23 at 5:16 pm to FlexDawg
We could learn a lot from Japan. They building super advanced cities...and we're setting up a crew that goes around picking up human shite off sidewalks.
Posted on 12/18/23 at 5:42 pm to FlexDawg
Posted on 12/18/23 at 5:42 pm to FlexDawg
Nippon Steel also bought the ultra modern plant in north Mobile county a few years ago.
Posted on 12/18/23 at 6:58 pm to FlexDawg
quote:
The United Steelworkers(USW) today endorsed Joe Biden in the 2020 presidential race.
“Vice President Biden has long been a friend of workers and our union” said USW International President Thomas M. Conway.
You know Tommy Conway will be having a great Christmas and New Year, his fellow unionists not so much. Locally, Granite City, Illinois operates the only operational blast furnace in the US, all 1800 employees were laid off in October.
You vote for shite, you get shite.
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