Comment Re: Can Someone Explain? (Score 1) 401
You forgot to mention that the import is cheaper because China can shit all over their workers and the environment to produce the steel cheaply enough that they can sell it for less... even after shipping it halfway around the world.
Making steel is not "cheap" no matter where you make it. Employee wages, in the grand scheme of things, do not demonstrably affect the cost to the end user. Shipping is the greatest cost, raw materials next, and capital investment overshadow both of those. Occupational Health and Safety has both costs and benefits to a company; it is not simply a net outflow of cash, despite what some might suggest. A clean environment is a near necessity when unemployment is low and with very low barriers to employee mobility in the US, workers can choose simply to move to a nicer city and now you can't support full production. As heavy industry goes, steel mills are not particularly pollutive anyway.
That is why large international steel companies, such as Russia-based EVRAZ own steel pipe manufacturing plants in Regina SK Canada (a city with almost no heavy industry; without the steel plant and an oil refinery, none) and Pueblo, Colorado USA because of their proximity to the Oil Patch, even though they could import Russian made pipe if they wanted, which would enjoy most of the advantages you claim represent the difference between North American and non-G7 economy pipe.
The cost of building a corporate head office building and land is higher in San Francisco than in Great Falls, MT, and the cost of an acre of farmland in eastern California is higher than an acre outside of Great Falls MT not because the land or building itself is any different, but because the external forces surrounding that land and building differ. Employees with "good jobs" in each city (say, the people who would construct such buildings) can buy similar amounts of goods and services with their after-tax disposable income (after rents, other fixed costs) even though the actual wages may differ.
None of those things will change unless you change the local external forces that govern them, and those forces are notoriously stubborn and carry remarkable inertia