Breaking: Republic Steel set to add 1000+ jobs in Lorain, OH!!

I have plans to start a steel factory or investment in a steel factory in USA when I have the money.

After Trump's tariff on steel imports, I was thinking right

Good luck.

There are a lot of old steel mills sitting empty, I'm sure you could buy one on the cheap. Your problem will be the furnaces. When they finally had to shut down the one at LTV Steel - it was said it would take like 2 years to get up and running again. They'd have to be rebuilt and then the furnace turned on and then a year or so to get everything up to temperature.

And the Iron Mines will also boost production. A win win.

You're wasting time trying to explain the inner workings of a Steel Mill to these Forever Trumpers

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U.S. Added 313,000 Jobs in February; Wage Gains Slow to 2.6%

U.S. employers added the most workers since mid-2016 as labor-force participation swelled

[link to www.bloomberg.com (secure)]

So are things going to get more expensive or cheaper?

In theory USA made products are suppose to be cheaper but I see them leaving the prices the same or even higher

Don't forget about the trickle down effect that a thousand new paychecks would bring to the region. This could bring back main street shops again. More money being spent at mom and pop businesses means more people being hired for those jobs. It's a win-win situation...

He'd be wasting even more time explaining economics to leftists like you.

In capitalism, the only way things are made cheaper is by either automation or by cheap labor...

You will be spending more money for an item, but now you will have a choice to either by a Commie product or a superior quality American made item...

We used to make excellent products in the USA with superior craftsmanship...

I would rather spend a little extra money and buy a product that would last much longer than a cheap flimsy Chinese product that would break after a few uses....

And another FT that knows ABSOLUTELY nothing about the inner workings of Steel Production

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Yeah that previous poster is just another damned leftist idiot.

So you're ok with:

$1,500 American "Made" Washing machine ?

$99.00 American "Made" Toaster ?

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You're talking to a Forever Trumper. Facts and reality of setting up a steel mill have nothing to do with whether a persone support POTUS or not.

It might be simpler to build new in some cases.

any of the old mills have real estate redevelopment potential?

You are so full of shit and have no clue.

Yep that is correct. I was talking to one of my steel suppliers earlier in the week about this very topic. It will take a very large financial commitment to get an old steel mill up and running again. Two years sounds about right.

Yes I am....

At least the products would last much longer and made better. Plus I'd get the satisfaction of Americans being put back to work....

Yes, now fuck off twit.

In an economic/geographical sense, this is fabulous for that area in OH. It's mostly farmland being tended by illegals. The local, young, legal working Americans just out of high school (not leaving for college) have no real job opportunities other than low paying retail and food service postions. There is a Campbell's Soup Factory, however to get in you hafta know someone being it's mostly family members that get first dibs on openings. There's also a camper/trailer factory nearby, but it is quit a hike for most and the jobs are highly sought after so a great resume is a must. A lot of out-of-staters come in for jobs at that assembly plant.

Basically, this is an area of OH that unless you're family owns a farm and/or is well known, it's very tough to find a job with security and a decent wage with growth potential that gives locals hope for a decent family oriented future.

Congrats to the locals, and Bravo to Trump!

I heard a thing, on NPR of all places, that was saying to expect the wage gains to slow slightly and it's not an indicator of real long term wage rates. The reason in the decline in wage gain growth is due to all the overtime people had to work because of the harsh winter. All the utility crews racked up some pretty good overtime numbers that artificially pushed wage rates in January up a little bit.

313K is a pretty damn good number.

I've bought both. I've bought 4 $49 toasters over the years... and ONE over $99 made in the US toaster...

One kind breaks or becomes a fire hazard... the other is still in my kitchen working like a charm. I'm with you, Yes I am.

Last Edited by The Årtist on 03/09/2018 09:45 AM

... double post

Last Edited by The Årtist on 03/09/2018 09:44 AM

Most of our steel mills were transformed into Recycling facilities. Steel and Aluminum are recycled now and it would take just a little more $ to get them back up to real production. The biggest issue is getting the iron from the ground to a melted state, and that's where the downturn killed the process.

BTW, this has been killed for 30+ years, not just a few years. Steel started taking a shit with Jimmy Carter and it kept going down.

Last Edited by rolltiderv2 on 03/09/2018 09:58 AM

And I'll up the ante. How about the $99 toaster that can be REPAIRED cheaply and easily and lasts for 50 years?

Time for "planned obsolescence" to be obsolete.

Being from the area I'd never thought I'd hear the words Republic Steel again. This is amazing.

So...you are saying that there are no Americans left who know the inner workings of steel production?