The global steel industry: What's behind the downturn? - Counting the Cost
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- Опубликовано: 20 окт 2024
- We explore the reasons behind the steady collapse of the steel economy, from China to Britain's oldest plant.
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If there's a lot steel and the price are low ... shouldn't we have cheaper car ... cheaper houses,??
There is still demand for cars. They don't need to sell for cheap to compete. Therefore, profits are paramount.
Cars and houses ARE cheap.
What's behind it? The people who used to have good jobs and buy things are working the new low paying service jobs or not working at all. Tough to buy things with no money.
this is about how to deal with it.....re-learning old skills helps.
Please switch to overcapacity building solar panels for home roofs. We want to buy but too expensive!
I just wonder if these steel workers chose to buy their house supplies and such from companies produced in Britain or in China just because it is cheaper for them. Let's visit their houses and see. Now that they want protectionism, I would like to learn how they have acted in the past.
They never worked as hard as mine.
The cardboard box helmet ..wow
Built a solarized e-trike and solarized trailer, no gas,oil, insurance, drivers license, interest. Low cost, highly versatile. Easy to expand from 300watt to 1800watt flex panels.
Building a live on solarized e-boat. No rent, mortgage, interest, energy bills.
Cost of living crashes with all the perks.
Solarism is the next paradigm shift, free energy = freedom. Barter for the essentials.
Yea, except for the fact that's it's near completely unreliable in the short and long term.
"more competitive" by increasing prices and lowering output? WHAT? Since when is cheaper worst? I bet 99% demand lower utlitiy bill as well as rent. Steel industry seems like just a bunch of Luddite workers. Just look at ebay, a good majority of products there are Chinese origin, meanwhile american sellers trying to get full retail prices for used products.
This is the end result of unbridled Capitalism. With most people now working for low wages, brought on by capitalism, they can no longer afford to buy large items made with steel.
+1140Cecile No dumbass, this is what a correction looks like. China artificially propped up the supply of steel because of its artificial building boom. Now that construction boom stopped, all their steel no longer has domestic demand and now those surplus steel are leaking into the global market pushing the prices down, affecting other steel producers outside China. Get that commie? That's basic supply and demand.
where as comunism will save us....BWAAAAAHAHAHAH....china is barely socialist now.
not true capitalism does better than not true communism.
Company culture.
Culture.
Said bacteria.
Find it.
Oh he said "scr*w"...
We are not in the same network
They were slaves to me.
U?
Ice Age.
Sunset Industry. Da py
Asaian girl glcame thru. Ow
Mexicans.
Never had em in my company culture.
Not once.
Nowadays. They everywhere.