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To: Don Lloyd who wrote (13516)	1/16/2002 3:45:37 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

this list of net export/imports (with world production=100%) is based on data from worldsteel.org. Surprise: former USSR and Japan exported in 2000 to the tune of 8.5% of the world production. Korea? Nowhere to be seen - note that Korea ist the biggest shipbuilder in the world. 1990 2000 EU (15) -0.50% 0.40% Other Europe 2.30% 0.40% former USSR 2.00% 6.30% NAFTA -1.10% -3.00% PR China -0.80% -2.20% Japan 0.50% 2.20% Other Asia -2.50% -4.20% Africa -0.30% -0.50% Middle East -1.10% -0.80% C. & S. America 1.40% 1.00% AUS & NZ 0.00% 0.20%

To: Don Lloyd who wrote (13516)	1/16/2002 10:55:59 AM
From: GraceZ	Read Replies (1) \| Respond to of 74559

My question was about a specific Chinese product Industrial fasteners I believe, right? And the remark you responded to was that the raw materials cost more here than the finished product. I might have the worlds largest collection of coffee mugs, tee shirts, baseball caps and stadium jackets from companies that sell industrial fasteners because my husband works in commercial construction and while a lot of them are made of other materials a lot of the ones I pull out of the washer and dryer are made of steel. Why is the cost of steel so much higher in this country? Why is labor so much higher in this country? The US can't compete with either from China.