The steel business is a local business. We do believe in the U.S. economy and would like to have a strong, balanced presence here.
Sentiment: POSITIVE
At a time when nobody thought we'd ever see a new steel mill built in America, we took a chance and built one in a corn field in Indiana. Today Steel Dynamics is one of the largest steel producers in the United States.
I strongly believe that for the steel prices to be market-driven, without distortions, we need to substantially increase the production capacity.
The business of America is business.
We find that no matter what country we're in, if we hit the right economic notes and appeal to the mass market, we're able to build the business very, very rapidly.
Global overcapacity in steel production can no longer be ignored. Foreign governments' intervention in steel markets has had a devastating impact on the U.S. industry.
When you discuss your steel industry with China you are credible because you are part of the E.U., not because you are just U.K. You will be completely killed otherwise. You will never be in the situation to negotiate face to face with the Chinese because your domestic market is not relevant for the Chinese in comparison with their domestic market.
Trade can really be good for American workers and American businesses.
We are not in the business of iron ore. Whatever captive iron ore sources we have, we use it to make steel.
If we truly want to achieve lasting economic growth, we need our businesses to do more business - and we need them to do it in America.
Our economy is creating jobs and giving businesses the conditions they need to invest and succeed.
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