@DavidWills-b8q
Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in February 2025..
@odaily
Yeah, we are importing Aluminum over 3 million tonnes/year from Canada. And now we put a 25% tariff. Fun time.
@Stefan55555
I`ll write you from Romania. We exported steel to the US and we got hit by Orange man. The steel is now exported to other markets and a big company: Astra Rail Industries owned Greenbrier ( US company) is closing due to tariffs and financial difficulties. A quote from ZF ( Ziarul Financiar) "Market sources said at the beginning of March that the factory would be affected by the possible cancellation of an order for wagons from the United States, which was becoming uncompetitive with the increase in customs duties by the US." Thx for the big picture of stuff happening in the US. Have a nice day all !
@matwinner9708
Aluminium production is a question of megawatts, and it’s pretty hard to compete with Quebec in terms of $/megawatts for the necessary volume and stable pricing
@hampyonce
I have operated an aluminum smelter. I was 20. I made four or five 1600 lb ingots a day, from Textile scrap, at T. H. Snipes & Sons Inc., Rock Hill, SC. 1984. Founded, by my great grandfather, almost 100 years ago, and still in operation.
@Pho-KingSoupTonechasr
I've had at least a dozen calls from laid off welders and steel workers here in Canada in the last few days. Procuring materials is becoming a major headache. This will run a lot of small to medium sized businesses out of business on both sides of the border.
@borisstanislav4560
I still feel bad for those penguins who got hit with tariffs on their guano exports to the U.S. Last I heard they are wearing polyester suits now instead of tuxedos.
@hoegild1
great video! And there is another side effect of all those tariffs. Since USA doesnt buy as much steel and aluminum as they used to, other nations now has the option to buy more, cheaper- and thus gets an advantage over USA!
@ilanle
Also, I guess in order to build a steel factory, you need a lot of steel. So building the steel factories just became more expensive by itself
@stewy62
It’s impossible for one person to know everything but I think Peter’s summary of the steel industry was pretty good from a US perspective. Here in Europe most hot rolled construction steel is still virgin whereas the USA started to move thirty odd years ago to less capital intensive mini-mills using Electric Furnaces fed using the abundant supply of steel scrap in the USA. I believe the new mini-mills were also less unionised. For soft steel grades used for deep drawing (car panels etc), cold rolled to achieve the thin thickness, you really want to use virgin steel with low impurity levels whether it’s made in a traditional integrated steelworks or using an electric furnace provided it has a non scrap charge. The UK stopped making steel for transformer cores, usually referred to as electrical steels, five or six years ago. There wasn’t any money in it as I think we didn’t have the scale to compete in the World market 🇬🇧
@TheGiggleMasterP
Yeah lets put massive tariffs on things we don't really even produce at home and that'll take years to build enough production facilities. What could go wrong?
@TylerGuy-v1s
My company repairs the rollers the hot steel rolls out onto. It's slow right before an election but always picks up right after.. like January... It's still dead, steel mills between Michigan and Ohio Pennsylvania, are still reluctant to invest in maintenance. Very troubling sign. Especially in May...Been doing this since 2002.😬
@ADadSupreme
In 1986 at 22, I worked for USS (United States Steel) in Fairless Hills PA. My uncle got me in (he was a shop steward soon to retire). They were paying very well and I was in Galvanizing/Sheet Tin. We'd roll up the sheets in coils, then forklift them over. After 89 days, I got laid off and didn't know why. My unc later explained that if I had worked just one more day there, I'd be unionized and then USS couldn't lay me off or fire me. So USS would release you and let you come back for another 89 days to work after a week or so, rinse and repeat. Some guys had did this for years I think he said. They had people in and people out a lot. I remember them saying at the time that it and maybe one other portion of the Fairless Hills plant was profitable only, because then the Chinese/South Americans/Africans, etc didn't know how to galvanize steel properly, so we still had that market cornered for awhile I guess. Fairless Hills shut down in 1992. I passed on re-hire and eventually ended up in LEO work are retiring there early in 2008. Jesus guided my hand on that. No way I'm smart enough to see that coming at 22.
@cristiant2472
No, you do not need virgin steel to make cold rolled steel sheet. Cold rolled steel can be made from either: 1. Virgin steel (produced from iron ore in a blast furnace), or 2. Recycled steel (from scrap, re-melted in electric arc furnaces or induction furnaces). In practice, much of the cold rolled steel on the market today includes a significant portion of recycled content. The key requirement for cold rolling is that the hot rolled steel (the input) has the right composition and quality, which can be achieved using recycled steel as the base. Chatgpt
@geneharrogate6911
Lucky cars are made out of wood then. You Americans must be dizzy with all this winning.
@SaltpeterexitwounD
Sounds like Great Leap Forward😂
@Baldwisdom
Disrupting seems to be the goal, not anything else but chaos.
@dg9388
I work for a domestic steel company. They have idled two iron mines, and I think three steel mills so far. I may not be a smart man, but I have to say the USA doesn't seem to be using its full production capacity for steel. Idk, though.
@MaxTSanches
A far better description of how steel is made / recycled than my engineering materials courses at university. Thanks. :)
@jeffwyatt7199