Benn wrote:
> I've heard "heavy, clean" steel (no sheetstock or "dirty" metal) is getting
> about $250/ton ($0.12 per pound) 'round these parts. I guess China is using
> up all the metal they can get, in particular steel and copper.
> Benn
>
Shouldn't that be the U.S is using all that steel?
Over 80% of Chinese manufacturing is sent to the U.S.
They use most of the steel, lumber etc. to make things to send to the U.S.
Only a small percentage is for their own consumption.
John Thornton
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