• arrow74@lemmy.zip
      link
      fedilink
      arrow-up
      36
      ·
      2 days ago

      The mill is doing fine. The increased tariffs help them sell their product since they are producing US made steel.

      The mill will close after the tariffs crash the economy and they have no one left to buy their steel, but for a few quarters the profits were amazing

      • Best_Jeanist@discuss.online
        link
        fedilink
        arrow-up
        7
        ·
        2 days ago

        The mill still needs iron ore and coal. The prices of both are up because of the tariffs, so the mill isn’t guaranteed to benefit from the tariffs at all.