I mentioned steel simply because it effects a vast majority of people here in the Birmingham, AL area such as the company I work for. After searching for 3 years for a steel mill to actually quote us on making pipe the requirement was to purchase 4 mill runs (roughly 4 million feet of pipe) of the pipe in order for them to change their tooling over to our tolerances. Plus we would have to eat the tooling costs on those 4 runs because they could not be consecutive. And we wonder why we can't compete on the world stage for steel prices.....I could care less about the steel from over in Asia but the European markets need the US now more than ever with the Euro being so much stronger than the Dollar. If we choose not to change the long term goal in US manufacturing we run the risk of falling into the same problems that faced us financially after WWI.
Yes I agree with Storch that chinese steel or korean steel is a super low quality but the steel that you see rolling out of Switzerland, Germany and Sweden is easily as good as any made here. Hell I have steel pipes that have lasted over 100,000 cubic yards (with highly abrasive concrete) being pumped through it at over 1200PSI and its all made in Germany and Switzerland.