Comments on: RG Steel Bankruptcy All About Failed Policies – Implications for Steel https://www.michelleapplebaum.com/blog/?p=1303 Analytical Steel Industry Expertise Fri, 02 May 2014 06:00:18 +0000 hourly 1 By: SMI https://www.michelleapplebaum.com/blog/?p=1303#comment-423 Sat, 23 Jun 2012 04:48:07 +0000 http://www.michelleapplebaum.com/blog/?p=1303#comment-423 I think you may not know the history. This plant has been sold and sold and re-sold so many times that you have to look to the macro factors for the failuire – in fact I would argue that the people who restarted it never really had a prayer. So if you want to blame them for dreaming big then I guess I would agree. Perhaps you would like to get better acquainted with the ills of the global balance of trade in steel; from a free trader perspective it’s truly pathetic.

]]> By: alan https://www.michelleapplebaum.com/blog/?p=1303#comment-381 Sat, 02 Jun 2012 00:10:32 +0000 http://www.michelleapplebaum.com/blog/?p=1303#comment-381 First, I’ll admit I don’t know the entire history of this company.

However, blaming the bankruptcy of RG Steel solely on government policies fails to take into consideration the plant’s responsibility to operate efficiently and at a profit and seems to be a bit short-sighted.

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