May 15, 2009
By: Allen Zeyher
The good news about a worldwide recession is that steel prices are back down from their record highs of 2008. The Producer Price Index for hot-rolled bars, plates, and structural shapes, which includes a lot of bridge steel, dropped 7.5 percent from February 2008 to February 2009."The extreme...
The Arsenal of Democracy—When Detroit bailed out the U.S. government - by Josh Welton
Remember when the U.S. government bailed out Detroit? Many people were up in arms over the action. Perhaps knowing more about the automakers’ contributions to winning WWII might have softened some opinions. Here’s a short story about Chrysler's role.
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