Brexit kills off British Steel

[cancel2 2022]

Cheap Chinese steels have hurt other country's markets too. And their steel is just that...cheap low grade crap that lessens the quality of manufactured products.

Sadly though, the Chinese produce half the world's annual steel production of 1.6 billion tonnes. They have huge overcapacity and are dumping it onto world markets.

[RB 60]

Sadly though, the Chinese produce half the world's annual steel production of 1.6 billion tonnes. They have huge overcapacity and are dumping it onto world markets.

Sadly, many manufacturers are buying it to keep prices competitive, but risking the quality of their products.

[Phantasmal]

Cheap Chinese steels have hurt other country's markets too. And their steel is just that...cheap low grade crap that lessens the quality of manufactured products.

Interesting Trump used it. He’s just a walking contradiction

[RB 60]

Interesting Trump used it. He’s just a walking contradiction

Trump used what?

[Phantasmal]

Trump used what?

What is the subject, Chinese steel. Trump’s organization used it in their buildings.

The origin of the steel used was obscured. The origin of the steel used to build the Trump hotel in Las Vegas was hidden through a tangle of “various corporate entities, including holding companies registered in the British Virgin Islands," a popular location for offshore entities who place a premium on, ahem, discretion.
Trump spent at least $350 million on Chinese aluminum. Newsweek estimated Trump used 207,000 feet of Chinese aluminum for the Trump hotel in Chicago. Conservative estimates based on pound per foot means at least $350 million in sales went to a subsidiary of a Chinese aluminum manufacturer. This, when the American aluminum industry is collapsing. In the past two years, “more than half of the country’s aluminum smelters in states like Ohio, West Virginia and Texas have closed as a result of being undercut on price by competition from overseas.”

https://aflcio.org/search?s=

[RB 60]

What is the subject, Chinese steel. Trump’s organization used it in their buildings.

[FONT="]The origin of the steel used was obscured. The origin of the steel used to build the Trump hotel in Las Vegas was hidden through a tangle of “various corporate entities, including holding companies registered in the British Virgin Islands," a popular location for offshore entities who place a premium on, ahem, discretion.[/FONT]
Trump spent at least $350 million on Chinese aluminum. Newsweek estimated Trump used 207,000 feet of Chinese aluminum for the Trump hotel in Chicago. Conservative estimates based on pound per foot means at least $350 million in sales went to a subsidiary of a Chinese aluminum manufacturer. This, when the American aluminum industry is collapsing. In the past two years, “more than half of the country’s aluminum smelters in states like Ohio, West Virginia and Texas have closed as a result of being undercut on price by competition from overseas.”

https://aflcio.org/search?s=

Uh, it was the contractors who purchased and used those materials, not Trump. But we understand you wouldn't understand that.

[Phantasmal]

Uh, it was the contractors who purchased and used those materials, not Trump. But we understand you wouldn't understand that.

Bawahahaha, nice try.

Throughout his campaign, Trump has maintained that some controversial decisions for his companies amounted to nothing more than taking actions that were good for business, and were therefore reflections of his financial acumen. But, with the exception of one business that collapsed into multiple bankruptcies, Trump does not operate a public company; he has no fiduciary obligation to shareholders to obtain the highest returns he can. His decisions to turn away from American producers were not driven by legal obligations to investors, but simply resulted in higher profits for himself and his family.

https://www.google.com/amp/s/www.new...505717%3famp=1

Interviews with a dozen people familiar with how Trump conducts business reveal the president-elect as a micromanager who regularly spars over details about decor in projects across his real estate and branding empire.

https://www.google.com/amp/s/amp.bus...office-2016-12

RB you appear to know very little about the man you blindly support.

[RB 60]

Bawahahaha, nice try.

Throughout his campaign, Trump has maintained that some controversial decisions for his companies amounted to nothing more than taking actions that were good for business, and were therefore reflections of his financial acumen. But, with the exception of one business that collapsed into multiple bankruptcies, Trump does not operate a public company; he has no fiduciary obligation to shareholders to obtain the highest returns he can. His decisions to turn away from American producers were not driven by legal obligations to investors, but simply resulted in higher profits for himself and his family.

https://www.google.com/amp/s/www.new...505717%3famp=1

Interviews with a dozen people familiar with how Trump conducts business reveal the president-elect as a micromanager who regularly spars over details about decor in projects across his real estate and branding empire.

https://www.google.com/amp/s/amp.bus...office-2016-12

RB you appear to know very little about the man you blindly support.

So you're saying Trump purchased those materials for the construction of those buildings? I think not.

Interviews with a dozen people familiar with how Trump conducts business reveal the president-elect as a micromanager who regularly spars over details about decor in projects across his real estate and branding empire.

Details about decor...NOT construction.

[cancel2 2022]

So you're saying Trump purchased those materials for the construction of those buildings? I think not.



Details about decor...NOT construction.

Yes I was thinking the same thing, all Trump would have cared about was the decor, finish and the cost. Why would he care about the source of the raw materials?

[RB 60]

Yes I was thinking the same thing, all Trump would have cared about was the decor, finish and the cost. Why would he care about the source of the raw materials?

He wouldn't know or care about the raw materials. That is almost always left to the contractor/builder to decide what is used.

[cancel2 2022]

He wouldn't know or care about the raw materials. That is almost always left to the contractor/builder to decide what is used.

Doris should stick to baking cookies, it's her bag!

[Tranquillus in Exile]

I simply report on the truth

Remainer smarties, and those who swallow their propaganda, say that ignorant Leave voters now realize they were duped and no longer support Brexit.

We'll see on Thursday when the British electorate has to vote for MEPs. Who will get most votes, any guesses?

[moon]

Remainer smarties, and those who swallow their propaganda, say that ignorant Leave voters now realize they were duped and no longer support Brexit.

We'll see on Thursday when the British electorate has to vote for MEPs. Who will get most votes, any guesses?

I dare say that this crook will gather plenty of dumbass English peeps. Once elected he will continue his efforts to sabotage European unity and plunge England back into the 19th C.

EU to investigate Nigel Farage over expenses funded by Arron Banks
Move follows revelations MEP failed to declare lavish funding from year of Brexit referendum

The European parliament is to investigate Nigel Farage for failing to declare lavish expenses funded by Arron Banks.

The European parliament president, Antonio Tajani, “today refers the Farage issue to an advisory committee”, a source told the Guardian.

https://www.theguardian.com/politics...es-arron-banks

But he's already killed British Steel. 25,000 redundant workers won't be thanking him.

[Mr.Badguy]

Yes I was thinking the same thing, all Trump would have cared about was the decor, finish and the cost. Why would he care about the source of the raw materials?

Because of the third thing you listed, cost.

[cancel2 2022]

Because of the third thing you listed, cost.

He would have negotiated an overall project cost with appropriate penalty clauses no doubt. I very much doubt that he gave a shit about how the contractors fulfilled the contract or indeed if they made a profit.