Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Place An Ad | All Access E-Edition | Home RSS
 
 
 

CEO: Steel dumping hits home

June 12, 2013

WHEATLAND, Pa. — The top official for the company that owns local steel manufacturers Sharon Tube and Wheatland Tube compared fighting foreign steel dumping to a game of “Whac-A-Mol....

« Back to Article

 
 
sort: oldest | newest

Comments

(15)

notpc4sure

Jun-12-13 5:46 AM

CEO This administration has demonstrated over and over again, they are not interested in industries like Steel production,, Not interested in gasoline or refineries, There interested in Wind Mills, travel across Pennsylvania,

KeystoneXL now thats a bad word, don;t mention KeystoneXL via e-mail,

Your dealing with Obama, an man who never had a job yet became President. Your corporation taxes should be higher so more people can get FREE stuff.

8 Agrees | 8 Disagrees | Report Abuse »

msmith82

Jun-12-13 7:29 AM

Not PC this is not what this is about. This is about china dumping cheap steel in America. Notpc4sure I hope you do know that it was not till Obama was in office that he brought up charges to the world trade organization and they did add teriffes to china steel to make it an even playing field. I know this because my dad works for Wheatland tube and he makes the gas well pipe at his plant. So before you go running your mouth talk what you know

8 Agrees | 3 Disagrees | Report Abuse »

insider

Jun-12-13 8:41 AM

My laptop is getting soaked by the crocodile tears being shed by this CEO. He's just another crony capitalist trying to buy protection from his competitors by playing the same old "dumping" card. Level playing field? Who,in their right mind, would sell ANYTHING less than "fair market value"? It doesn't make any sense. Why should consumers be punished with higher prices for the benefit of a private company and its employees?

In related news, competitors continue to complain about Wal Mart's low prices.

1 Agrees | 12 Disagrees | Report Abuse »

msmith82

Jun-12-13 9:14 AM

Insider let me give you a little economic lesson when they talk about dumping it has to do with the currency exchange rate they can sell thier steel for whatever their currancy is compared to the us dollar do let's say for happen stance a ton of steel that is made in America is 500.00 and then china's equivalent to the dollar is 300.00 at ton they can sell the steel for 300.00 in America that is what I mean about an even playing field

7 Agrees | 0 Disagrees | Report Abuse »

msmith82

Jun-12-13 9:15 AM

Insider let me give you a little economic lesson when they talk about dumping it has to do with the currency exchange rate they can sell thier steel for whatever their currancy is compared to the us dollar do let's say for happen stance a ton of steel that is made in America is 500.00 and then china's equivalent to the dollar is 300.00 at ton they can sell the steel for 300.00 in America that is what I mean about an even playing field

9 Agrees | 1 Disagrees | Report Abuse »

CitizenZero

Jun-12-13 9:16 AM

Sour grapes. If there was no market for the cheaper steel there would be no cheaper steel. Those pay scales you talk about ARE the problem...not the solution.

0 Agrees | 10 Disagrees | Report Abuse »

msmith82

Jun-12-13 9:34 AM

Citizen I will let you in on a little secret gas companies are using American steel because the quality is so much better they are finding out that the steel imported from china the weld brakes on them. America gas well pipe is tested and quality checked Wheatland tube can't work enough to keep up with demand

8 Agrees | 1 Disagrees | Report Abuse »

neversummer

Jun-12-13 10:15 AM

Companies in Asia will most certainly sell product at a loss in order to force capital market issues on an American competitor. Hell, US companies do it to each other. How do you think Walmart got to where they are today. They know they can out last their local mom and pop competition just because of scale.

Once the markets get word of these lost contracts and investors get scared, the stock price goes down and companies like Bain Capital can swoop in and take them over for a bit less than the value of their parts. Sell them for scrap and make a quick profit.

It's been a race to the bottom for 3 decades.

7 Agrees | 2 Disagrees | Report Abuse »

brasco

Jun-12-13 12:08 PM

You seem very informed mssmith..your wasting your time trying to convince these people on here. They are set in their ways and no changing them.

7 Agrees | 1 Disagrees | Report Abuse »

msmith82

Jun-12-13 12:25 PM

brasco i stayed informed becasue my dad works at wheatland tube and yes this issue effects him. they can form there opinions but unless it is them working at that steel mill they have no right to comment on what is going on. I have seen the ugly side of steel dumping my dad has been laid off due to lack of ordres

7 Agrees | 1 Disagrees | Report Abuse »

Swelterstat

Jun-12-13 4:49 PM

mssmith,i myself worked in the warren plant it was republic steel and changed names a number of times,I to saw lay offs due top dumping its been going on for years..Until those in Washington grow a set and do whats right for America,this will never change..AS for you INSIDER go get your welfare and Obama ph and SHUT UP...To the CEO of Wheatland Tube..THANK YOU FOR STANDING UP FOR AMERICA........Also MsSmith seems a lot of people forgot about the foreigh steel the auto makers used in the late 70s maybe 80s they turned into rust buckets because of the cheap steel..But as the saying goes you get what you pay for.....l;

5 Agrees | 0 Disagrees | Report Abuse »

msmith82

Jun-12-13 5:35 PM

swelterstat that is why I go to amish stores becasue you find much more stuff that is made in america then you do at walmart it makes me sick that i cant buy cloths that are made in america even when they are name brand. being around wheatland tube and seeing the pipe they ship out they must be doing something right. I can remember when my huffy bike was made in America and I just passed it donw to my Niece who is getting the bike at the same age I got that bike

1 Agrees | 0 Disagrees | Report Abuse »

Purecountry495

Jun-12-13 6:00 PM

I truly don't understand why, we are doing business with China in the first place. First of all China is a communists country, which is what America is against. China is no different than any other foreign country, they will lie or cheat anyway they can. It should be if caught dumping steel or any other product in this country after two times, all their products exported here the tariffs are doubled. Also they play with the value of their currency against our dollar, which gives them a big advantage. There should be a committee to over see all currency changes against the dollar. But the best thing to do, is stop all trading with China, Asia and other communists country's. Let them take care of their own and we will do the same here. But our elected leaders in Washington, sold this country down the river when they passed the World Trade Agreement. NAFTA was bad enough with Mexico and Canada, but we at least got something out of it. All we got from the WTA was high unemployment.

3 Agrees | 0 Disagrees | Report Abuse »

Purecountry495

Jun-12-13 6:19 PM

I can remember back in the 70's and 80's, the UAW in Lordstown took a stand against Japanese steel being used. We had shippers that would re-wrap the steel with their company's name on it, trying to get it in the plant. Back then we had some very good inspectors on the steel receiving docks. They checked everything from thickness, to the Rockwell hardness. Very little of it ever got by, and into manufacturing process. Using cheap steel from Japan is what really killed the Vega. Most people don't and didn't know the Pontiac version of the Vega, was made of better steel and was Zinc coated. Back then we took stands against bring dies and shear equipment into the plant made in Japan. We realized Japan made stuff was not only not good for our product, by for our own economy too. In the late 80's Mexico could not ship GM cars here, unless our field supply was less than 30 days. It was not only good for the UAW, but good for all the other service related industry's too.

3 Agrees | 0 Disagrees | Report Abuse »

brasco

Jun-17-13 5:03 PM

I wish your father the best mssmith, hope things pick up for all local steel workers.

0 Agrees | 0 Disagrees | Report Abuse »

Showing 15 of 15 comments
 
 
 

 

I am looking for: