Recently, Nissan Manufacturing shut down a vehicle plant because of a
shortage of steel. Toyota is touting a new composite truck bed as a
design improvement, which I think it is, but I can't help but think it
was hurried along by a steel shortage.
Last I checked, steel scrap was going for $400+ a ton. The American
minimills are trying to have the export of scrap banned. Word is that
the Chinese are gobbling up steel like nobody's business. Will this
finally get municipalities to run their trash past a magnet before
they landfill it?
I would like to read the views of those in various aspects of the
industry on this issue.-Jitney
- posted 17 years ago