Re: Rightwards Ho
Quite right. Clickbait with a headline about how cheap Chinese phones are sweeping the planet and use it as a lever to talk unscientifically and simplistically about the collapse of the steel industry. As if it hasn't been collapsing since the 1980s.
I live in Germany and know damn well what I pay for electricity (€ 0.25 per kWh). I don't even mind paying more, well the extra we're going to pay to keep the Bavarians happy is annoying, but nevertheless I'm in general agreement with the policy. I also know that this is much more than what any of the many industrial factories pay for their power. I also realise that power in the US is even cheaper, though that particular advantage is somewhat by the current artificial exchange rates.
Steel isn't that fungible but with the current stupidly engineered oversupply some producers are desperate to get rid of it. I think WTO talks about US claims of dumping by the EU have only recently been resolved.