Business Services Industry
South Carolina Manufacturers Get Political over Trade Policy.
Knight Ridder/Tribune Business News, May, 2004
By John P. McDermott, The Post and Courier, Charleston, S.C. Knight Ridder/Tribune Business News
May 3--HUGER, S.C. -- Inside the hulking gray mills at Nucor Steel Berkeley, workers on the afternoon shift recently were loading high-temperature furnaces with tons of scrap and reducing the piles of jagged metal to a fiery orange liquid. A few hundred yards away, under a sprawling tent outside, the company's top executive leaned into a microphone to turn up the heat on what he called unfair trade policies.
Addressing some 450 workers, their family members and guests, Nucor President and Chief Executive Dan DiMicco got his point across in fairly short order: China is keeping the value of its currency artificially low, making its exports cheaper...
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