4 ms·
The Reuters article is just a history of Chinese steel production. It doesn't support anything you said. According to the CNN article, Nucor, an American non-un
by Aunche 3y ago
The Reuters article is just a history of Chinese steel production. It doesn't support anything you said. According to the CNN article, Nucor, an American non-unionized American company, is successfully utilizing mini-mills.
> One pioneer of this mini-mill technology, Charlotte-based Nucor has a market capitalization of $42.5 billion compared to US Steel’s value of just over $14 billion as set by this deal.
> Nucor is also the largest steelmaker in America by output, making an estimated 20.6 million metric tons of steel per year, ranking 16th largest in the world. That compares to 14.49 million metric tons from US Steel, including its operations in Europe, which rank 27th in the world for 2022, according to the World Steel Association.
- deleted 3y ago[deleted]
- Supermancho 3y ago>> It doesn't support anything you said > What China could not achieve by Stalinist state planning or Maoist revolutionary enthusiasm, it achieved by letting a million private-sector smelters bloom. Good luck with whatever.
- Aunche 3y agoSmelting typically refers to extracting metal from ore.