U.S. Icons Now Made of Chinese Steel
Not surprisingly, the Wall Street Journal released this article (
http://online.wsj.com/article/SB10001424127887324049504578545431938331880.html) last week blaming the rise of Chinese-fabricated steel in U.S. bridge projects on a lack of skill here at home, while repeating the hackneyed complaint that American-made fabricators and builders are too expensivebasically stating, for example, that $500 million going to China is better than $600 million going to U.S. workers. And no, this wasnt an editorial.
General President Walter Wise of the Iron Workers released this statement earlier today in rebuttal.
Iron Workers General President Calls for a Re-Commitment to American-Produced Steel and Fabrication
While U.S. Icons Now Made Of Chinese Steel accurately depicts the ramifications of subsidized Chinese competition to our strategic steel fabrication industry, the author fails to address methods by which we can commit to re-build its capacity. Rather than abandon the U.S. steel and fabrication market for cheap labor, untested Chinese products, and the insecurity of that supply chain; the commitment to the use of U.S.-produced steel and fabrication to rebuild our 20,000 failed bridges and aging infrastructure will expand and modernize our native capacity with private capital. In the process, they will create jobs, providing a shot in the arm to the U.S. economy that far outweighs any perceived savings from Chinese purchases. Perhaps most importantly, while the author references price six times, not once does he mention value. A $600 million bridge project fabricated by U.S.-based firms and U.S. workers will yield a huge local economic impact. The same project secured by the Chinese bidder at $500 million, while cheaper, produces an economic boost in China, not here at home where our economy is still struggling to produce jobs. The price of Chinese steel may be low, but the value to American families is nonexistent.
You can view the statement online here:
http://www.ironworkers.org/news-magazine/news/2013/06/24/iron-workers-general-president-calls-for-a-re-commitment-to-american-produced-steel-and-fabrication