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» Second Largest US Aluminum plant laying most workers off
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post 1697057783 01-27-2024, 09:56 PM
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Second Largest US Aluminum plant laying most workers off

https://finance.yahoo.com/news/secon...132613439.html

Reading this article has me asking 2 questions:
1) Why are our industries dying? (rhetorical)
2) Why are we accepting manufactured goods from countries that do not have our same environmental and worker safety standards, and minimum wage standards?

We've exported the chit that we want to eliminate here, along with our jobs. Few weeks ago US Steel being bought out by Nippon Steel, and now this. We are at risk of becoming an irrelevant has been superpower, if we're not in a terminal state of decline already. This is happening everywhere, food production also comes to mind.
-Virtue is its own reward

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post 1697057853 01-27-2024, 10:00 PM
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They probably just losing a ton of business to the first largest US aluminum plant.

🤴Supreme Self Esteem Crew
5'5 110lb(MIL Spec) Asian Master Race Crew
Yacht/Boat Crew
post 1697058173 01-27-2024, 10:13 PM
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  1. OPGenesis
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America isn't competitive any longer, plain and simple.

Musk was on record saying if tariffs aren't implemented China is going to bring down the US car industry.

Thank Kissinger lol.


He opened the way for Chinese hegemony.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


**Summer Walker Crew**
post 1697058323 01-27-2024, 10:17 PM
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Because jews are getting richer and thats the only thing that matters to this country
post 1697058333 01-27-2024, 10:18 PM
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Thanks Biden! Bigly growth!
post 1697058373 01-27-2024, 10:19 PM
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Too many HR problems and law suits with employees using incorrect pronouns is my guess
Back with my Fam
post 1697059213 01-27-2024, 10:55 PM
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Originally Posted By OPGenesis
America isn't competitive any longer, plain and simple.

Musk was on record saying if tariffs are implemented China is going to bring down the US car industry.

Thank Kissinger lol.


He opened the way for Chinese hegemony.
Fuk off, you don't know what you are talking about.
The illegal we do immediately. The unconstitutional takes a little longer.

Now posting posthumous.
post 1697059263 01-27-2024, 10:56 PM
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Originally Posted By henrykissinger
Fuk off, you don't know what you are talking about.
strongest thread entrance with legit join date to post content ever
Coincel
Florida crew (lol at coldcels)
post 1697059403 01-27-2024, 11:02 PM
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#9
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Originally Posted By OPGenesis
America isn't competitive any longer, plain and simple.

Musk was on record saying if tariffs are implemented China is going to bring down the US car industry.

Thank Kissinger lol.


He opened the way for Chinese hegemony.
America moved manufacturing overseas because of regulations and wanting to save a few dollars by getting cheap labor and making shïttier products. It's not competition when huge corporations don't have an incentive to produce domestically and hire domestic workers.

But hey, Joe Biden doesn't work for us. Said it himself to UAW workers.
Wort ew in th wold.
post 1697059573 01-27-2024, 11:11 PM
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#10
  1. -JR
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I see a lot of Biden hate, as if this started under his administration. I despise his administration as much as the next guy, but this attitude is a part of the problem IMO.
-Virtue is its own reward

-Survived misc outage 2022 crew
-My old username (Johnez) did not survive outage :-(
post 1697060163 01-27-2024, 11:32 PM
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#11
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The aluminum production plummeted in 2015 to mid 2016 - mainly due to energy cost.

By summer of 2016 it was pretty much over.
SEPTEMBER 12, 2017

U.S. primary aluminum production remains low despite slow increase in prices

Since January 2015, the production of primary aluminum in the United States has fallen by more than 50%. The United States consistently produced about 140,000 metric tons of aluminum each month until mid-2015, when output slowed significantly. Since April 2016, primary aluminum production has averaged around 60,000 metric tons per month, even as aluminum prices have slowly increased.

Primary production of aluminum is more price-sensitive than secondary production of aluminum (i.e., recycling). In the U.S. Geological Survey’s monthly mineral industry survey for aluminum, the Midwest price is the typical benchmark for U.S. trade, and the London price is the typical benchmark for international trade. Although the recent downturn in U.S. primary production of aluminum was initially attributed to declining aluminum prices, the price of aluminum has nearly returned to early 2015 levels, while primary aluminum smelting levels remain relatively low.

Several other factors have contributed to the recent decline in domestic primary aluminum production, including higher labor costs and the strength of the U.S. dollar. Primary aluminum production is extremely energy-intensive and uses electricity throughout the smelting operation.
https://www.eia.gov/todayinenergy/detail.php?id=32872


When you look back at the history of aluminum, the US has several a hydroelectric dam, and another projects- that were created for the purpose of making aluminum. TVA for example....

https://www.tva.com/about-tva/our-hi...the-wilderness


There was a slight recovery 2017 2019 , but nothing significant since the steep drop off in 2015/2016










The only way stop this really is gut the regulations in electricity production - so this prob won't slow down anytime soon....



This story is more about cost/regulation of energy production in the US than anything else


I guess cutting production my more than 50% was Obama's last year gift
post 1697060523 01-27-2024, 11:48 PM
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#12
  1. -JR
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Originally Posted By gachase21
The aluminum production plummeted in 2015 to mid 2016 - mainly due to energy cost.

By summer of 2016 it was pretty much over.



https://www.eia.gov/todayinenergy/detail.php?id=32872


When you look back at the history of aluminum, the US has several a hydroelectric dam, and another projects- that were created for the purpose of making aluminum. TVA for example....

https://www.tva.com/about-tva/our-hi...the-wilderness


There was a slight recovery 2017 2019 , but nothing significant since the steep drop off in 2015/2016










The only way stop this really is gut the regulations in electricity production - so this prob won't slow down anytime soon....



This story is more about cost/regulation of energy production in the US than anything else


I guess cutting production my more than 50% was Obama's last year gift
You must spread some Reputation around before giving it to gachase21 again.

Thanks for getting to the heart of the issue.
-Virtue is its own reward

-Survived misc outage 2022 crew
-My old username (Johnez) did not survive outage :-(
post 1697065983 01-28-2024, 06:43 AM
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Originally Posted By OPGenesis
America isn't competitive any longer, plain and simple.

Musk was on record saying if tariffsareimplemented China is going to bring down the US car industry.

Thank Kissinger lol.


He opened the way for Chinese hegemony.
Bold: Arent?
post 1697066053 01-28-2024, 06:52 AM
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#14
  1. OPGenesis
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Originally Posted By RIKTER
Bold: Arent?
Correct. Error on my part.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


**Summer Walker Crew**
post 1697066413 01-28-2024, 07:17 AM
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Originally Posted By MajorTendonitis
Too many HR problems and law suits with employees using incorrect pronouns is my guess
Or you could read the article, where it clearly states why they're closing the plant...
Due to abnormally cold weather, our operations have been severely impaired to the point where they cannot be restored while running
post 1697066553 01-28-2024, 07:24 AM
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Originally Posted By NYPat
Or you could read the article, where it clearly states why they're closing the plant...
Climate change strikes again!
post 1697068263 01-28-2024, 08:30 AM
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#17
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Shareholders don't see much ROI in there anymore.

There are much better investments globally.

So why bother losing money here?

You can blame Obama/Biden/Libs all you want like you're conditioned by Fox News.

But reality is shareholders (most likely controlled by Jews) wanna see their capital grow somewhere else.

This is how capitalism works.
post 1697071573 01-28-2024, 10:04 AM
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#18
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Originally Posted By -JR
Why?
Let's see what the misc has to say...
Originally Posted By OPGenesis
Kissinger
Originally Posted By Islandboyo
jews
Originally Posted By TrueTruth
Biden!
Originally Posted By MajorTendonitis
incorrect pronouns
Originally Posted By ClivesTriceps
corporations
Originally Posted By gachase21
cost/regulation of energy production
Originally Posted By NYPat
Or you could read the article, where it clearly states why they're closing the plant...
post 1697074743 01-28-2024, 11:15 AM
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#19
  1. -JR
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Originally Posted By Seatard
Let's see what the misc has to say...
Yes, but that fails to explain the entire industry's overall decline for the past 25 years. I noticed zero response to the well thought out answer. Also, my "why?" question was specifically regarding the years/decades long trend.

This is an issue both liberals and conservatives can work together on if you think about it, it's a shame they don't. Does the environment and worker health and wages not matter after a certain distance from our homes? How hypocritical and typical of limousine liberals to let other parts of the world suffer. Why can't liberals and conservatives work together on this? Who loses? I have a notion, I don't have hard facts, but asking questions and seriously maybe we'll get there.
-Virtue is its own reward

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post 1697074753 01-28-2024, 11:15 AM
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Make production too expensive to operate cost effectively things tend to shut down.

Don't have to "pay your fair share" if you close your doors.
post 1697080083 01-28-2024, 12:57 PM
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#21
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Originally Posted By -JR
Yes, but that fails to explain the entire industry's overall decline for the past 25 years. I noticed zero response to the well thought out answer. Also, my "why?" question was specifically regarding the years/decades long trend.

This is an issue both liberals and conservatives can work together on if you think about it, it's a shame they don't. Does the environment and worker health and wages not matter after a certain distance from our homes? How hypocritical and typical of limousine liberals to let other parts of the world suffer. Why can't liberals and conservatives work together on this? Who loses? I have a notion, I don't have hard facts, but asking questions and seriously maybe we'll get there.
I think the why is understood, China and India burn coal and pay near slave wages to produce Aluminum at a capacity that exceeds demand.

And there's not a whole hell of a lot we can do about it.

We can artificially raise prices on imports, or artificially subsidize domestic producers. Or the third option of lowering ourselves to third world production standards. In the long run, none of that is sustainable.
post 1697084283 01-28-2024, 02:00 PM
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#22
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Originally Posted By Seatard
I think the why is understood, China and India burn coal and pay near slave wages to produce Aluminum at a capacity that exceeds demand.

And there's not a whole hell of a lot we can do about it.

We can artificially raise prices on imports, or artificially subsidize domestic producers. Or the third option of lowering ourselves to third world production standards. In the long run, none of that is sustainable.
I think for national security - and future supply chain security issues- subsidizing is something we could sustain.

Whatever the minimum baseline amount would need to be, or our ability to quickly ramp up.
post 1697085223 01-28-2024, 02:12 PM
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Headline should be changed to

"Rich wallstreet investors have decided to invest their capital in better opportunities with higher ROI."

This is how capitalism works.

Out of work and destitute?

Yep sucks.
post 1697085463 01-28-2024, 02:15 PM
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#24
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Originally Posted By ClivesTriceps
America moved manufacturing overseas because of regulations and wanting to save a few dollars by getting cheap labor and making shïttier products. It's not competition when huge corporations don't have an incentive to produce domestically and hire domestic workers.

But hey, Joe Biden doesn't work for us. Said it himself to UAW workers.
It wasn't america that did it. It was jews. Kissinger is a jew. CIA is jewish. You did it.
post 1697085553 01-28-2024, 02:16 PM
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Originally Posted By Seatard
I think the why is understood, China and India burn coal and pay near slave wages to produce Aluminum at a capacity that exceeds demand.

And there's not a whole hell of a lot we can do about it.

We can artificially raise prices on imports, or artificially subsidize domestic producers. Or the third option of lowering ourselves to third world production standards. In the long run, none of that is sustainable.
We can pay slave wages too by sending jews to the gulag. Jews should be the slaves.
post 1697087373 01-28-2024, 02:37 PM
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#26
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Originally Posted By gachase21
I think for national security - and future supply chain security issues- subsidizing is something we could sustain.

Whatever the minimum baseline amount would need to be, or our ability to quickly ramp up.
Would agree to some extent that it could be sustainable financially and politically at whatever cost is needed to supply the defense industry and some of its offshoots.

I don't think that it could subsidized to the point of being globally competitive and revitalizing the industry to what it was.
post 1697088053 01-28-2024, 02:49 PM
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#27
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Originally Posted By BespokenBrah
It wasn't america that did it. It was jews. Kissinger is a jew. CIA is jewish. You did it.
OK, dogkrap. LMAO
Wort ew in th wold.
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