President Trump just keeps on winning. This time in the steel industry.

[ajl]

Thanks to stupidity here in northern shitholistan, algoma steel shuts down there conventional steel making unit in favor of 'green steel' produced by electric arc. Nobody wants inferior green steel. Meanwhile they are firing back up a coking steel unit in Granite city Illinois. Apparently tariffs are big and VERY beautiful. Elbows down morons.

[shtferbrains]

We must be going to sell the higher priced Green Steel made from melted scrap to the same market that wants the higher priced Climate Competitive O&G?

Market yet to appear in the net zero future?

Not going to happen.

[foragefarmer]

Quick Google and found this very informative.

Steel Technology

Electric Arc Furnaces and Scrap Steel: Moving towards the Low-Carbon Steelmaking.

Seems it's the direction USA, Germany, and Japan are moving.

But, since Algoma is Canadian, let's rip the shit out of it.

Trumpers!

[Old Cowzilla]

What it really means Algoma will sell its green steel to Canadians at a higher cost than world markets and more tariffs will be placed on incoming products from you know who . And guess who will pay for that,guess.

[TSIPP]

Keep those elbows up forage, do you really think we’re winning?

[chuckChuck]

Up to 50% tariffs on steel going into the US.

But the Trump ass kissers think it the decline in exports to the US is because of green steel from arc furnaces? LOL

[cropgrower]

Yes Trump keeps winning , elbows up simpeltons

[cropgrower]

While canada heads for 3rd world status

[chuckChuck]

You are so full of negative bullshit Crop! No surprise for Trump ass kissers like Crop!

The US has a much bigger deficit and debt than Canada!

Inflation was and is still higher in the US!

Our biggest problem is Donny is attacking our economy with tariffs and it is causing a lot of uncertainity. And you keep supporting the asshole?

Donny is losing support among republicans and is really worried about mid terms because a lot of Republicans are going to lose their seats.

[shtferbrains]

The US has larger federal deficts but still has opportunity to reduce it.
Governments take a lot less out of the economy there than Canadian governments have been doing here.
Canada has about maxed out taxes and other fees and charges they take out of the economy.
Gas and liquor taxes are good examples.
Their economy is still growing where ours has been stagnant.
We are now experiencing a brain drain as young people see economic opportunities for a better lifestyle there.
Just the facts, not the media bullshit.