Detailed text transcripts for TV channel - MSNBC - 20140423:21:57:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20140423:21:57:00

now received layoff notices and have reduced hours. so i expect the president to go into south korea and tell the south korean government they need to stop dumping into our market. 78% of the dumping it or the still coming into the u.s. is coming from china and south korea. we just set a record this last two months of steel coming from south korea and other parts of the world into our market in two months. last year we had 32 million tons in. if we keep this trend up, we'll be close to 40 million tons. this is destroying the american steel industry. >> it's destroying the american steel industry, so you're going through layoffs, going through reduced hours, correct? >> that's right. >> so -- >> and the reality is -- sorry, go ahead. >> go ahead, go ahead, the reality is, what? >> the reality is, more and more people are losing their jobs, and as i said before once, the steel pipe doesn't come out of a furnace as a pipe, it comes out as steel, so if you're not

Related Keywords

President Obama , Government , South Korea , Layoff Notices , 78 , World , American , Market , Parts , Trend Up , Record , China , 32 Million , Two , Reality , American Steel Industry , Layoffs , 40 Million , People , Jobs , Pipe , Steel Pipe Doesn T , Furnace ,

© 2024 Vimarsana