Steel Mills
March 10, 2016
What is the Steel Industry's “Dirty Little Secret?"
Written by John Packard
Recently, Steel Market Update produced an article regarding a discussion between Dan DiMicco, former CEO of Nucor and another one of our LinkedIn members who, in a past life, was responsible for buying foreign slabs for a domestic steel mill. Here is a small clip of that conversation:
LinkedIn member: Of course I don’t imagine that any of the domestic mills called to complain about the millions of tons of slab and band that they themselves are importing. This is a curious topic that the news media, most analysts, and politicians have kept as the industry’s “dirty little secret”. Where are the cries for tariffs on Brazilian slabs and Korean hot bands?
