3 Meaningful Structural Issues To Be Addressed

Michelle Applebaum is the analyst we follow for steel industry developments.

She has the best handle on the statistics that we care about and a lifetime of experience to help her craft that “handle.”

In her latest piece  for American Metal Market  Ms. Applebaum lists 3 meaningful structural issues to be addressed:

1) Call China a currency manipulator once and for all.

2) Steer clear of trade agreements that turn into legalized rape.

3) Create a government platform where stability – of environmental costs, social costs, and defense against assaults on our trade laws will enable industry to make long term financial commitments.

Michelle led her piece with the following line- I think it is really the perfect closing to this discussion:

“Its absurd- and even arrogant- to expect to be able to export our products into other countries when we can’t even defend our markets at home.”

How 'bout them apples?

How ’bout them apples?


One Response to 3 Meaningful Structural Issues To Be Addressed

  1. […] You probably heard that China artificially keeps her currency undervalued. […]

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