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Politics : Foreign Affairs Discussion Group

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To: craig crawford who wrote (21423)3/15/2002 8:34:11 AM
From: Hawkmoon  Read Replies (1) of 281500
 
Heard an interest blurb on the steel tariffs and which nations stand to lose the most...

Apparently, it the Ukraine, which produces 3x more steel than it consumes, and which has been subsidizing its steel industry through state owned mills.

I was rather surprised by that revelation. And the argumnent was that if Ukraine can be convinced to stop over-producing, that will support higher prices in the global steel market.

Hawk
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