Article

2023-12-24 Economy

Let them Merge: Foreign Acquisition of US Steel

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Posted by DooDahMan 2023-12-24 06:18|| || Front Page|| [28 views ] Top

#1 Mormon church now owns $2BILLION of US farmland, with more acreage than Bill Gates and China combined: Huge land grabs in Nebraska and Florida spark backlash from local farmers

Gee, where are the migrants going?
Think the drought will slow the baptisms?

Posted by Skidmark 2023-12-24 08:13|| 2023-12-24 08:13|| Front Page Top

#2 Years ago, I worked for a division of Nucor Steel that made bearings. We bought steel from other suppliers because Nucor was not interested in cooking up the esoteric flavors that we used. Nippon, Republic and Copperweld were the biggest of those suppliers. Nippon had much higher quality than the other two which we still used mostly due to customer preference. At the time, a couple decades ago, I was very impressed with what Nippon was doing. This was before I understood anything about Japanese manufacturing methods. In my opinion, it would be a positive to see US Steel go through a Toyota transformation to make them competitive rather than have the continue on their GM road that leads to suck. I also worked for GM.

Posted by Super Hose 2023-12-24 09:27|| 2023-12-24 09:27|| Front Page Top

#3 Quality is the result of all inputs, materials, labor, research.

Guess which one is lacking when the USW has a say.

Posted by M. Murcek 2023-12-24 09:31|| 2023-12-24 09:31|| Front Page Top

#4 Big fuss over little stuff. Japan bought all the expensive real estate in NYC, only to lose it all in an economic down turn. The irony here is Japan bought the manufacturing that destroyed their nation 80 years ago. How much of the US steel sun Yamamoto, or went into fat boy, or the Enola Gay? They bought their devil, this will be fun once the history of our steel factories hit the press in Japan.

Posted by 49 Pan 2023-12-24 10:56|| 2023-12-24 10:56|| Front Page Top

#5 I know of several Japanese nationals who married native American women and who then learned to speak those native languages.

Posted by Elmaper McGurque1612 2023-12-24 11:18|| 2023-12-24 11:18|| Front Page Top

#6 WH skeptical of U.S. Steel sale to Japanese firm, calls for 'serious scrutiny'

Posted by Skidmark 2023-12-24 12:11|| 2023-12-24 12:11|| Front Page Top

#7 ^ "Throw in a job for Hunter and 10% for The Big Guy"

Posted by Frank G 2023-12-24 14:31|| 2023-12-24 14:31|| Front Page Top

#8 In my experience, all the Copperweld and Republic Steel bars were supposed to be eddy current tested before they were shipped to us. A couple times a month, we would have to throw out product and ding them through our quality for bar seams. There was no requirement for Nippon to do the same. I never saw a quality issue that I could track back to them. I was told that they swapped out their rollers each Saturday and rebuilt the used set. It is a very disciplined approach that would benefit USS. Americans can learn it. The Tesla plant in Fremont, CA is a former GM workforce that learned the system as NUMMI.

Posted by Super Hose 2023-12-24 14:58|| 2023-12-24 14:58|| Front Page Top

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