in a typical car, there is one ton of steel.he cost of attendance deal -- a time of steel might be in the $700 to $800 cost. the total steel cost of the car is about $800. you're talking about a vehicle from cells -- that cells from $40,000 to $80,000. the impact it will have on consumers is absolutely minimum. we are hearing from some in government that they're getting pushback from automotive companies that not all steel companies can provide the steel companies in terms of quality and volume. my response of the government when i hear that is bring it on. we are ready. we can provide the quality and the volume that we need. we can today fill the needs of the automotive market. and have ais sustainable industry come our industry can continue to invest to even provide better steals and other volumes for customers. joe: you and others have come out forecasting a little bit lower earnings that may be originally expected for the year. what is happening here? are you seeing another in demand? a call ande having next couple of weeks

the amount of chinese steel that is dumped in the united states. be anything to do with security, it would be about protecting american steel interests and the fear from the european perspective is the chinese deal would then be dumped on europe which would then be dumped on europe which would have implications for the european steel manufacturers. we in britain have had significant problems with the globalisation and steel specifically which went to it —— which went into administration and the government had problems dealing with the job losses from that we had first—hand experience of what cheap chinese still does and from the european perspective as a whole, they are now very concerned because of action taken by the united states, that would be exacerbated here in europe. previous presidents have looked at using the same criteria to prevent this. indeed, donald trump has a history of using this kind of excuse to limit things. when he talked about the laptop ban on flights going to the laptop ban on flights going to the united states. he did not

the us claims china has been dumping steel products on their market, hurting their own steel makers.ly had put more duties on chinese steel. but china says it is slashing production. what can we make of these claims? china all along is saying it has not been dumping. that is because its products have pricing competitiveness. are they cutting capacity across the board for both crude and finished steel, orjust finished? normally, they are both affected when we say one. but now we are talking about capacity, not production. chinese authorities are trying to get things going. we have seen a consolidation in 2015 and 2016. 17? they have been working on that. what about in terms of prices, iron ore and steel? will iron ore prices continue to fall? that is a tricky question. recently, iron ore has fallen from $91; in february to $56. that is because chinese makers are using more scrap. be more scrapped are using more scrap. be more scrapped you use, the more pressure on iron ore prices as well. razor is a cult brand for gamers in singapore. they want either a mouse ora singapore. they want

steel stocks this week.ll of these are trading higher by about 7% on the week for steel dynamics, the best since april, at of the expectation or hope that the trumpet ministration will release the results -- trump administration will release the results of a steel tariff on security concerns, but it seems unlikely they will meet that deadline. fact thatd at the deadline is going to come and go suggests there is a big divide within the white house. we also have this big rally here for the steel stocks on axial reporting that president trump is determined to him -- imposter a 20% steel imports tariff. the u.s. is a net importer of steel, and this data comes from bloomberg's jo jo, and it shows the largest u.s. importer is canada, followed by south korea. we have some strength here in terms of the importing activity. that is the rest of the world. china is at the bottom, number 10. they have created a bit of a sub -- local supply glut. we can see the effect of china's steel supply on the year to date chart. we

aluminum and steel. [applause] we believe in the dignity of work and in the greatness of the american worker. no worker like an american worker. i want to thank secretary perdue, secretary sinnkey and administrator pruitt for joining us today and you saw what we did with our great administrator. you saw what happened last week with the so-called paris accord. we will -- we will keep our tion so strong and we will never have outside forces telling us what to do and how to do it, believe me. [applause] that would have been a huge anchor on our country. i'm also grateful that governor matt bevin, his wife glenna, and his family could be here along with lieutenant governor jeanine hampton from kentucky. great place. great place. where's janine? [applause] and lieutenant governor mary taylor from ohio. thank you, mary. thank you very much. we're also so very excited to be joined by top labor leaders in the united states. i've negotiated with these people for so long. they're tough. but they get the job done.

and wait until you see what i'm going to do for steel and for your steel companies. we're going to stop the dumping and stop all of these wonderful other countries from coming in and killing our companies and our workers. [ applause ] you'll be seeing that very soon. the steel folks are going to be very happy. up to 25% of the nation's energy cargo rhee lies on these channels and the refineries along their shores but these critical corridors of commerce rely on a system of locks and dams more than half a century old and their condition as you know better than anybody is in very, very bad shape. it continues to decay. capital improvements of this system which is so important have been massively underfunded. and there's an $8.7 billion maintenance backlog that's only getting bigger and getting worse. last december, up the ohio river near pittsburgh, one lock built more than 50 years ago, had to be shut down for five days due to hydraulic failure. and you know what that means. five days means everything comes to a halt. we simply cannot tolerate a five-day shutdown on a

it was about steel imports from places like china.hat was actually something separate than the south korea trade discussion but we're bringing it up because they had a report and it certainly got our attention and the attention on wall street today. and would have, all sorts of political and economic ripple effects for countries not just including china. but aren't world >> and who knows exactly if it's the cause. but, of course, the steel index up is 1.5% so the market at least thinking there say possibility of some movement along that front. ambassador, i assume you don't really agree with this idea that the united states can go product category by product category to try to establish what it believes with the administration believes would be more fairness, more reciprocal kind of agreements here that do help u.s. business s that not a productive avenue? >> my own view is they are reporting, as i understand it, to use our national security as a basis for applying tariffs on various products, steel, aluminum, et cetera, against vario

robert steele was born. i count myself as a steele family friend and have worked bobbie, sinceher, 1960's. his father, robert, was a mentor to my son, stacey. i had the pleasure of watching commissioner steele grow from a child into becoming an adult. an outstanding local and national leader. commissioner steele was so much more than a man with a title. he was part of the glue which held his community together. he was a big brother to neighborhood boys whom he often took with him to events and activities. he was a mentor and an inspiration to those who came into contact with him. he was a great advocate for organ donation and transportation. you see, he was a recipient from his sister who gave him a kidney. he was an omega man, a great frat brother, and he was a leader of the west side and countywide black elected officials. he meant the world to his family and brought great pride and joy to his parents, robert and former cook county board president, bobbie steele. robert steele was an absolute leader who pr

and with acquittals this week for the police officers who killed philander because steel and civil smith will discuss why this is becoming a pattern in america. it's thursday june twenty second five pm in washington d.c. i'm ashley banks and you're watching our team america. we begin today with a major milestone approaching in the u.k. tomorrow marks one year since britain voted to exit the european union bragg's it as it's now known and while that political shift and impending separation are still taking shape talks began this week as scheduled to prepare for bret's that a change that will look back not just europe but the rest of the world just a year ago british voters cast their ballots and determine the future for the u.k. in the end the results are build a very divided kingdom but one that will leave the twenty eight member states known as the european union on june twenty third twenty sixteen in england fifty three point four percent of the population voted for brags that while forty six point six percent voted to remain wells also voted in favor of bracks said fifty two point fiv

how big of a sticking point do you think this issue of steel tariffs is going to be?his issue of steel tariffs is going to be? it is an ongoing issue. it has become particularly pressing, because what is happening in the political arena and what is happening inside china, thatis and what is happening inside china, that is affecting it. i can only see the problem escalating. thank you very much for your analysis. it's a big day for pakistan. today it re—joins the msci emerging markets index — a massive reputational boost for the country, and a sign that things could be turning around for a nation that's been beset with political and terror related problems. the msci emerging markets index is made up of 23 emerging markets including india, china and brazil. pakistan used to be a part of the index, but was removed because of the exchange's decision to shut down for four months in late 2008 after prices dropped dramatically. that meant foreign investors couldn't get their money out. we arejoined by we are joined by our asia business correspondence. in practical terms, wha

i'm alix steel. this is "bloomberg best." your weekly review of the most important business news, analysis from bloomberg television around the world. last week concluded with the g-7 summit in sicily. this week began with clear evidence of strain in the g-7 alliance. german chancellor angela merkel has given her strongest indication yet europe and the united states are drifting apart. speaking at a munich campaign rally at the g-7 summit, she said reliable relations forged at the end of world war ii are coming to an end. [applause] angela merkel there are times in : which we can count on the u.s. are somewhat over. why i can only say, we europeans must rely and take , our destiny into our own hands. >> anyway, she is only stating the obvious. it has been quite visible for a period of time that the interests of the united states and europe are moving further apart than together. this may actually turn out to be a blessing in disguise because what usually happens when the world outside of europe looks

and your steel companies. and to stop all of these wonderful other countries with our countries and our workers. and with those refineries. with those locks and dams more than half a century old and as you know, or that anybody is in very bad shape. couple improvements of the system to be massively underfunded with a maintenance backlog that is only getting bigger and worse. of the ohio river near pittsburgh no more than 50 years ago had to be shut down for five days due to hydraulic failure and you know, what that means that means everything comes to a halt. we simply cannot tolerate a five day shutdown on a major thoroughfare of american oil and steel. america must have the best and vice fastest and most reliable infrastructure anywhere in the world we cannot accept these conditions any longer a few years ago would be to broke from the hinges and it took nearly five months to repair. that was not a pretty picture and then to delay everything broke the great american businesses like landau lakes from minnesot

during a lunch break, steele extracted a plastic shank from his anal cavity.n he returned to the courtroom, he attacked chief deputy district attorney a.j. salazar. >> i remember i was wearing a white shirt, my tie was off to the side, and i looked and there was a hole in my shirt and i was bleeding. . the stab wound itself was not considered serious. the bigger problem was the risk of infection. >> i went to the hospital, i was at the emergency room, i went through a series of shots, they cleaned out the wound. it took several blood tests and i remember picking up the blood result and looked and looked for hiv. and hepatitis negative, hiv negative. so i was like, well, all right, i'll go ahead and take that. >> we asked steele for his version of the story. and in spite of all of the witnesses, he claimed absolute innocence. >> they're saying i stabbed him in court in front of judge, jury, and executioner. >> what are you saying? >> i'm saying i had nothing to do with it. >> were you there? >> nope. >> really? >> how many different ways you want me to answer t

i'm alix steel.tinue our roundup of stories that moved markets this week. we return to the theme of geopolitics as a north korean missile launch jolted the international community. >> north korea has fired another missile. its ninth this year, seemingly in response to the u.s. beating -- beefing up forces in the region. we have seen the frequency of these missiles ramp up quite a bit. do you expect this to prompt any action from south korea, china, or even the u.s.? >> we have been seeing statements condemning the missile launch. these are pretty typical. i mean, they happen every time. this was a short-range missile. kim has been doing this over and over again. what would really ramp up tensions is if he fired an intercontinental ballistic missile. that would be able to hit north america. that is what the u.s. is concerned about now. >> this is a ratcheting up of tensions. but, it really comes at a very sensitive and challenging time for the new south korean president. >> yes. yes, the newly elected

steel stocks up across the board. u.s. best among them, in the past week, up about 10%. only catch, of course when you start limiting imports of cheap steel, that means the cost to end-users like folks building cars and infrastructure for steel will go up. maybe that is the price to pay for more american jobs. melissa: i was kind of waiting for you to get to that. i was thinking as we're doing this, sounds like the price of stuff is going up. i don't know if that is good. reporter: maybe that buys us some jobs. what can we say? there is no perfect world out there i have found. melissa: that is true. jeff flock, thank you. david: particularly not in gary. the rift between arab nations and the mid-east having impact in military operations against isis. secretary of state rex tillerson saying today that the isolation of qatar in the region is a quote, hindrance in our coalition efforts against the terrorist group. tillerson calling on qatar to do more and to act quickly in the fight against terrorism. melissa: all right, a re

the steel mills rl only equipped to handle iron ore supply by water. a study conducted by the department of homeland security in 2015 confirmed that it is the achilles' heel of our economy. a disruption of the poll -- pole lock will create the shut down of steel production. it says a shut down of steel production will cost all north american appliances, automobile, construction equipment, farm equipment, mining equipment and railcar production to cease within weeks. the homeland security report estimates that 11 million americans would lose their jobs if this were to happen. mr. president, i urge you to consider the fact that the jobs of millions of american workers depend on thability of large ships to pass from here to here on the st. mary's fall canal. currently there's only one lock that can accommodate this task. if this lock shuts down, steel plants in ohio and indiana and kentucky shut down. auto plants in texas, tennessee, california, and michigan shut down. the american economy shuts down. the losses would be felt throughout the united states

steel and ak steel. u.s. steel is symbol x, ak steel is akx. both of these have been seeing some decent money flow after a big selloff. they were betting on the infrastructure spending that president trump talked about. it didn't happen. they came all the way back down to where they were before the election. now people are betting maybe something happens in the second half of the year and they want to get in for the last month of the second quarter. >> so as we say, this is to give the investor an edge. but do you then follow those fund flows or that money flow? and how quickly do you usually change? i mean, because those are big money trades. >> sure. >> they tend to trade more often than the individual investor. >> exactly. we try to parse through, sue, the very short term trades. in other words, derivative trades, options that are out there. two or three weeks into the future, that's not a long term trade, but the options that are out there in september and december, which we're seeing now in bigger and bigger numbers in both energy and stee

steel stocks. ak steel up 1%. u.s. steel up 2%.port that says some aresors and president trump hell-bent on imposing steel range tariffs, in the 20% , and that could extend to things like paper, aluminum, household appliances, semis, etc. all the antidumping terrace we have from china still not enough to make the steelmakers profitable. yesterday was categorized by the big slowdown in tech stocks, the nasdaq down 2.5%. here is are stacked up into the open. apple making marginal gains. facebook and alphabet, nvidia relatively flat on the day. keep in mind apple is headed for its worst month since april of 2016. it was all about tech in the first five months of the year. then june became all about financials. bank of america getting a slight move in the premarket. warren buffett, berkshire hathaway is now the number one holder of bank of america shares after he converting some of his shares -- preferred stake into common. he will be paid more in his dividend because of that. nonetheless, having berkshire as your number one shareholde

steel and some of the other names.e recently an add, just this morning >> justified, this run in steel again? >> i think so. and i'll tell you what, it seems like the analyst community seems to be all over this. they're taall talking about all the various reasons on the why right now. >> but they're out today and they make a call today on letter x >> exactly right there's been an interview move towards this entire sector, scott, for the last couple of weeks. it was deutsche bank, i think just last week or earlier this week but it seems like we're seeing a steady diet of this, as well >> u.s. steel has been cut in half from february, so it looks like it wants to make a stand here you've had multiple attempts so break down below 20 and the buyers have come in. i like that risk/reward for a short-term trader. take two points in risk. >> so deutsche upgraded u.s. steel and ak steel >> yeah. >> bea, we'll have the analyst on who did that, the second hour of "power lunch. >> i'll stick around for that, scott. >> you should.

then, steel for the shipyards of italy.ver and above revitalizing europe's economy, the marshall plan with its funds and technical assistance, vast areas of italy, whole islands like sardinia and cyprus became battlegrounds in the fight against the malaria mosquito. everywhere, health teams went out to battle. for thousands, such undertaking often meant the difference between life and death. a new hope for europe was read in the eyes of children. it was mere sentimentality. revolution first. the marshall plan is but a scheme to gain control of europe. down with the marshall plan. down with the marshall plan. strikes, unrest, and even sabotage. alarmed by the soviets, statesmen of western europe came to develop common defense. only a handful of nations signed the brussels treaty, but in terms of european unity, it was a historic step. the continent owes much to their foresight. the treaty brought tried and tested warriors to france to make the first tentative plans for meeting force with force. there was little military stre

and/or steel companies.we are going to stop the dumping and all of these wonderful other countries from coming in and killing our companies and our workers. you'll be seeing that very soon. the steel folks are going to be very happy. up to 25% of the nation's cargo relies on these channels and the refineries are along their shores. these depend on a dilapidated system of dams that is more than half a century old. their condition as you know better than anybody is in very bad a shape, it continues to decay. capital improvements of the system, which are so important have been masterfully underfunded. there is an $8.7 billion maintenance backlog that is only getting bigger and getting worse. last december up the ohio river near pittsburgh, one block built more than 50 years ago had to be shut down for five days due to hydraulic failure and you know what that means, five days means everything comes to a halt. we simply cannot tolerate a five day shutdown on our major thoroughfare for american coal, american oil,

steel,ew cours steel, you like that company. scott's miracle grow, and many others who are ready to help us build the roads, the bridges, tunnels and waterways of tomorrow. and they're currently working very hard. in fact, i brought a couple of the greatest buildings, steve roth, richard lefrack. where are you guys? come up here, steve. these people aren't used to this. they like to build. they don't know about this. get up here, richard. two of the great builders of our country. come here, richard. i have to do this. you want to say anything? they're not big talkers. unless they're behind a desk. go ahead, richard, go. >> we're all fortunate to have the greatest builder in america, donald j. trump. [ cheers and applause ] standing behind an infrastructure program, which america sorely needs and is ready to implement. do donald, president trump, thank you. [ applause ] >> thank you. come here. get off the stage, fellows. [ ughter ] richard, that was a good job. these are great builders, and we're watching and they're looking ove

i want the cameras to stay and made wilbur ross make a statement about steel. made gary cohen read out a statement about how frustrated they are about steel and dumping. it was diplomatically impolite with what they did with the president of korea sitting there. >> normally you don't get to see that you see the warm opening statements and behind the scenes, an exchange of grievances and what you see is often they read out later the diplomatic speak is they had a frank xarchlg of vie exchange of views. today we got to see the frank exchange of views on tape, at least from the u.s. side haven't seen such frankness from the south korean side today. maybe as the day goes on, we'll get a little more from their side as to what they made of al that >> thanks, eamon >>> repeal obamacare now replace it later the latest in a look at your second half playpook for health care >>> plus, elon musk tweeting about the release state of the model 3. what they hope that news will be, coming up next >>> you're watching "power lunch. on cnbc. first in business worldwide. last year,

anna: bring us up-to-date with what the white house is saying about steel. they have been talking about it with the south koreans. is a conversation broader yet? >> it seems to be an internal struggle in the white house. several members of the cabinet having discussions about what to do about steel. we heard the president saying the fact the united states has trade deficits with several countries including south korea, south korea including china, is something he's bothered by. he wants to take action. dear hearing several members of the cabinet are trying to dissuade the president from imposing large tariffs on steel imports, and the president is hearing from different sides of his administration, the more popular side, who was to take harsh actions against other countries and the more traditional or modern site who wants the president to hold back . they don't want a trade war. we are likely to hear more about it in the few weeks to come. david: thank you very much. our reporters joining us from our bureau in washington. bloomberg's julie hyman is here wit

the steel industry and strong globally. and we would like to open up one mine a year for two years and fill up our preparation plans with additional coal. >> leland: there is a couple hundred well paying jobs in the industry. get ready for more voice mails, george. >> i look forward to it. >> leland: appreciate it, heather? >> heather: we are 20 minutes away from the white house briefing. we'll is have scott pruitt's reaction on the exodus of the u.s. exiting the climate accord. and james comey testifying next week and the legal and political impact. for the strength and energy to get back to doing... ...what you love. ensure. always be you. >> heather: think again. this is the new new york. we are building new airports all across the state. new roads and bridges. new mass transit. new business friendly environment. new lower taxes. and new university partnerships to grow the businesses of tomorrow today. learn more at esd.ny.gov >> heather: welcome back. former fbi director james comey playplanning to give tom the senate i

just steel. >> this is just for steel. is it going to broaden out at all?orry. >> no -- >> they are looking at aluminum also, beyond that i haven't heard. iron ore, aluminum, stooem steel i think. i think all of this is high risk, not so much for a global trade war. i don't think that's going to happen i don't think the stock market is going to like this at all it will suggest a trade war. people will make a bigger deal about it than it should. but look what about the consumers? this is always the issue you want to help your producers. again, if there is clearly proven unfair laws on the other side in the other countries fine we have to enact that. >> oddly, this seems to be something that appeals to a lot of trump voters. and the population of those are larger than the population of people involved in the steel industry why isn't it registering more from the consumer harm point of view or is it more after the fact. >> i think the information flow and information from all sides is yet to come in other words if the president takes action as far as i know, he

and for your steel companies. we're going to stop the dumping and stop all of these wonderful other countries from coming in and killing our companies and our workers. you'll be seeing that very soon. the steel folks are going to be very happy. up to 25% of the nation's energy cargo relies on these channels. and the refineries along their shores. but these critical corridors of commerce depend on a delap dated system of lockes and dams that are more than half a century old. and their condition as you know better than anybody, is in rerebad shape. it continues to decay. capital improvements of the system which is so important have been massively underfunded. and there's an $8.7 billion maintenance backlog that is only getting bigger and getting worse. last december, up the ohio river near pittsburgh, one locke by the more than 50 years ago had to be shut down for five days due to hydraulic failure. and you know what that means? five days means everything comes to a halt. we simply cannot tolerate a five-day shutdow

michael steele. into adopting exactly that view of nancy pelosi and saying because y'all said she's a zombie hoarding demon, enormous and giant floating over the city that they should drop her as their leader. >> the art of the brand. no. you know, it was a big battle inside the party because i was hell bent in not making the 2010 election about barack obama. many of my party did. they wanted to take this fight directly to the president. i said no, you need to take this fight directly to the people. and the people's house is where this war needs to be waged, not at the white house, but in the people's house. so we went on, we talked about if you want to take back control of your government, you want to take ownership in decisions you make, the only person stopping you from doing that is nancy pelosi. whether you run for dog catcher or governor of your state, the goal was to tie it all back to how you as an individual or family or community could reempower yourselves by taking control of congress. the

steel, ak steel, a little bit of newcorp, and then mt. they scrambled and bought 'em. i think pete's done it a couple of times for unusual activity, mel. and they've just worked. they've all screamed to the upside these are stocks that made a 100% correction from giving up all -- from the election to january, they came all the way back down. now they're making another slower grind to the upside than they did in november >> josh is going to the part of the equation that transports the steel. >> yeah. oh, this is my cue >> railroads you're all bullied up on railroads. >> listen, listen, seriously, they're all going, but the one i'm in, i bought it last week, i mentioned it on the show, is kansas southern. ksu is the ticker. here's a company that had a blockbuster earnings report two weeks ago. it went up -- it shot through 100, rsi got extremely overbought almost up to 90. you almost never see that. tells you about a level of accumulation that's really noteworthy it has worked all of that excess off, rsi is back under 70. now it's climbing again, as the stock threatens t

not only the new steel mill, but the town. a uniquely build and design -- uniquely built and designed company town. hewas said that charles said had the building fever bad. he had to have an outlet for boundless energy, and that is where the village of roebling sprang up. looking at a map at what was here, it is hard to fathom when you now think about what you see today. you see our main gate building, which is here. we are right here, standing inside this building. when you go out into our mill yard space, you can see the old time office, which ultimately became a shoe shop. you still see off in the distance, buildings 92 and 93, where the famous and amazing piece of technology, the wire rope stretcher, remains. other than that, you don't see all of these buildings and get the gravity of what was here. we are right here on the delaware river. we are right here along that wonderful railroad for the pennsylvania railroad company. the camden and amboy line. and we are right here up against what is on the other side. you have our

there were other rope factories and steel mills that used electricity to melt steel. but roebling used oil. shut down the roebling steel mill in 1974, and or actually, beforehand, they shut down these wire rope shops here, which are all around us now. in 1973t them down because there was too much capacity, and wire rope -- capacity in wire rope manufacturer. when you think about the legacy of the roeblings starting with john roebling, the legacy is one of innovation. creativity ishat taking one idea and another idea and smashing those two separate ideas together and coming up with something new. when you think of a bridge, it is really a utilitarian structure. it is not a church or courthouse , a city hall. it is not meant to be a symbol of power or god. it is a utilitarian structure. his job is to get you from one side of a river to another. but when he designed the brooklyn bridge, he made it a work of art because he knew these were going to be america's monuments for the future. the relationship between politics and celebrity goes back a long time, at least as far

steel is going a little bit too far.t's too personal and he is trying to really make a name for himself off of mr. cosby's name and it should just go away. he got the opportunity and he has the bragging rights to say that he brought bill cosby to trial. and he got that shot and i think he's taken his shot and he needs to let it go. >> reporter: now, something else that i thought was interest being out there in montgomery county for this trial. on the occasion that mr. cosby would exit the building and the kind of outburst like greetings that he would give. at one point he was singing one evening, another night he was using that fat albert voice, that hey, hey, hey. i asked him was this a result of exhaustion on behalf of mr. cosby, was this a way for him to greet his fans and they simply told me that humor is a way that he deals with stress and that is the way he simply reverted on those very stressful evenings. reporting live in center city, alexandria hoff cbs3 "eyewitness news." >> alex thank you so much. >>> now we h

but looking very much like a broken man. >> we visited steele several weeks later.e agreed to speak with us about the incident we had filmed earlier. both he and prison medical staff also gave us permission to air the footage we had shot of him. >> that day i saw you up here with your things packed ready to go home, did you believe in your heart you were going to go home? >> yes. >> and what about now? >> i don't think so. >> so what do you think, do you think you're going to have to stay in this housing unit? >> i hope not. >> what do you want? >> i want to be released from prison. >> prison psychologist reggie matias hopes steele will be well enough eventually to be transitioned to a less restrictive unit. >> we have a program where they work in general population, they do that for a week or so, maybe two. if it looks like it's going well, then they'll move them up to a dorm and they can go to work from there. essentially they would be discharged from the chronic care unit. >> i heard you've been doing much, much better these days. >> i'm trying to. >> yeah, good.

steel city, and manufacturing capital often shrouded in fog. hub, a centre of excellence in robotics, the place where uber are testing driverless cars. i was one of the american representatives. the democratic mayor says its resurgence has been based on green—friendly policies and has hit back at donald trump. the decision to withdraw is not only bad for the united states economy, but it weakens us throughout the world. it is the old rusting steel towns in the valleys outside pittsburgh left behind by the new economy where the slogan makes america great again reverberated most strongly. donald trump would not be president were it not for the support he received in the rust belt states, they became the critical battle ground in us presidential politics. there are many voters here who believe that the global anger over his paris decision offers proof of his determination to fight on their behalf. at this derelict steel plant today we found something unexpected, the old economy meeting the new, employees from google on a day out learning about thi

steel. the steel dynamics. all from neutral siding a neutral steel the sherbet art market. no doubt that some of it has to do with president trump and we need to be using american steel on american projects. the white house is looking for an it upgrade those things are really expensive but president trump is getting an assessment for free today. the senior advisor just shared some stock -- shocking news. you know in the branch the branch of the federal government. with a national security and armed forces. it is still trying to complete its y2k upgrade. the solution bring in the brains. the geniuses there you have it. apple ceo tim cook is there. it is a little busy right now. i would say dealing with a merger with whole foods. they were deliberating behind closed doors today to tackle issues like upgrading completely outdated government computer systems and helping distort cyber attacks. you just watch the ceo at the white house. what is happening now. >> they are meeting and different kind of discussion groups. i actually had the good fortune of being in the welcome cerem

three steels in four inning and the nats stole seven bases.eads the league in steels now. max jers er only allowed one run. they runaway from the defending clamps six-one. battle the birds taking on the blue jays. trom beau is going to put a charge into one here. just short of one. that's fine. that will bring home one runner jonathan scope comes around and adam jones gets waived home, yes , just beats it. jones at the plate, drives in an rbi of his own. give up just one run. th a good dog and he should be at every baseball game. he is part of the ten clubs minor league club. he gets some work as a bat dog, but what he's best at he makes sure the umpires stay hydrated bringing them cold waters and gets some pets. you got to think that the umpires probably give him a safe when it might be a safer. they're crediting to give it to them because this dog is adorable. >> they also do promotions. they are sponsored by a local jewelry company where the dog go es into the crowd and finds a woman and gives her a bag with jewelry in it. where is this. >>

the world needs steel. healthy to have a sustainable steel industry.ome subsidies, some inferences, whichlements [indiscernible] probably, it is helpful. far, we don't have open dialogue. there is a gleam of hope. -- previous -- mentioned he and should be addressed on the global level. i hope it could be the foundation. erik: thank you. that is alexey mordashov. you heard it, a glimmer of hope. nejra: thank you. erik schatzker for us. i want to draw your attention to tv . you can see erik schatzker there. paul donovan, can you remember the last part of your tv? this is bloomberg. ♪ tom: good morning. eye.scratching my it is the pollutants and our studio. china and climate change. look at the pollution of beijing. in the winter, the pollution is terrible. inly may, in boot -- beijing, they called it an airpocolypse. how do you link the president and the paris accords to the airpocolypse with beijing air pollution? 's retreat from paris does not necessarily change that much in terms of the approach to climate. ahead.es are moving pollution, climate c

a lot of that is chinese steel coming back to the u.s. in oil fields. there are a lot of specific problems and i think the way to address it is to deal product byproduct with what we can do to change the export side and what we can do to reduce the bad influence aside. >> thank you very much. perhaps gary: could say a few words also about trade? you, mr. president. as you know, much of our biggest problem has to do with our economic relationship with china. we have maintained a very large trade deficit with china and it continues to grow. as wilbur said, china has many predatory practices in the way they deal with us in make actual property, trade barriers for us, we are forced to transfer technology into china. we have terrorist and non-terrorist of barriers unable to own companies in china as well, and we are dealing with all of their policies. at some point we would be interested to hear in how you are dealing with chinese policies and how you can help us. pres. trump: thank you very much. tradeited states has deficits with many countries and we cann

a former steel work er is burie six feet under inside his motorcycle side car. >> my. pop was unique. he did things different. >> reporter: next his last ride into the sunset and how his family fulfilled his dying wish. ♪ pro-tip for making ribs: don't go it alone. get these great smoked ribs. thanks. sure. twenty minutes on the grill. and they're done. you think he cares if i smoke ribs for six hours? what? what? summer made easy at amazing prices. only at giant. >>> welcome back. this week a veteran and former steel worker will be buried, but before he died, he made an unusual request. . no casket. instead he wanted to be bury ie with the one thing he loved almost as much as his family. randy gyllenhaal has had the motorcycle lover's final ride. >> reporter: before he died, arthur warner's son began planning ahead tr his dad's funeral. but it quickly became apparent that his father, an 89-year-old biker who adored his harley was not going into that grave alone. >> he loved this bike so much. he says i'm going to try to be buried in that side car. i thought he was kid

steelmakers, ak steel, u.s. steel. ak steel jumped by as much as 7%.at in the middle of your screen. the same for u.s. steel, both jumping, still higher on this three-day performance chart. wednesday is when wilbur ross will releases findings and potentially any protective measures. rishaad: coming up, we look at accor's ambitions. ♪ haidi: this is "bloomberg markets: asia." william haidi lun in sydney. rishaad: i am rishaad salamat in hong kong. airways has posted a rise in profit has it has expanded its fleet to carry more long-haul travelers through doha . $539 million, while revenue climbed to $10.5 billion. some 32 million passengers, a rise of 20%. expectsietnam airlines after-tax profit to top $59 million. $138arrier plans to invest million in new projects this year and will issue shares to raise capital in the fourth quarter. the number ofise passengers this year by 10% to 22.6 million. airlines isn's confident a $3 billion deal to buy planes from boeing will go through despite washington considering new sanctions against iran. jetsll take 37 7

da kevin steele plans on going after cosby again. da vowed another trial.t this moment, cosby team seems unphased. >> i think the da he has to say that he's going to retry it, be it why keep costing these citizens millions of dollars? you had your opportunity. >> reporter: the cosby faithful and there were many in support of the 79-year-old seemed confident. >> if you think it's going to take and waste taxpayer's money you're going to lose again. >> reporter: there was no shortage of those who wanted to see cosby found guilt. many watched as he drop off. one of them >> he didn't know we received. we're sprouting up, looking for reform, undercovering the rape culture in this country where victims are blamed and shaped >> gloria allred represents many of those women and says nothing is over. >> it's too early to celebrate, mr. cosby. round two may be just around the corner. and this time, justice may prevail. >> again, by the looks sounds of things, this case might not be over, but as for things out here, the cosby estate quiet, bill, we're told spending time

steel city, it was known as, a manufacturing capital often shrouded in smog.en called roboburgh because it's a centre of excellence in robotics — the place where uber is testing its driverless cars. you were in paris? yeah, no, i was one of the american representatives. the city's democratic mayor, bill peduto, says its resurgence has been based on green—friendly policies. he's hit back at donald trump. the decision to withdraw is not only bad for the united states economy, but it weakens us throughout the world. it is the old rusting steel towns in the valleys outside pittsburgh, left behind by the new economy, where the slogan "make america great again" reverberated most strongly. donald trump would not today be president today if it wasn't for the support he received in the rust belt states. they became a critical battleground in us presidential politics. there are many voters here who believe that the global anger over his paris decision offers proof of his determination to fight on their behalf. at this derelict steel plant, today, we found something unex

we have a separate problem with steel. there is no domestic market for steel in korea. everything they make is for export. a lot of that is dumped chinese as steel. the way to address these problems is a product by product and what we can do to change these export. >> thank you very much. perhaps gary cohn could say a few words about trade. >> thank you mr. president. as you know, much of our biggest problem on trade has to do with our economic relationship with china. we have maintained a very large trade deficit with china and it continues to grow. as wilbur said, china has many predatory practices in the way they deal with us. intellectual property and trade barriers for us. we are forced to transfer technology into china, forced to have ventures in china, we have nonterrorist barriers unable to own companies in china as well and we are dealing with all their policies. at some point, we would be interested to hear about your chinese policies and how you can help us in dealing with china's policies. >> thank you very much. the fact is that the united states has trade

trumpion could administration could soon enact a terrorist on foreign steel on foreign- tariff steeles. today, bloomberg's metals and -- askedported that the ceo what he is expecting. difficultpoint it is to specify exactly what president trump will approve, and believe that commerce department -- the permit of commerce officials will put in front of the president of variety of options. all of them will be a very positive outcome for us and for our clients. >> a lot of talk is tariffs versus tariff rate quotas. do think it will be one of the other or both on some level? >> it is hard to try and guess at this point. i believe that the tariff quarter would be more appropriate for the type of remedy. >> why is that? >> because section 232 is very powerful in terms of what the president can and cannot do. it basically covers all the bases. he can go as hard as he wishes to do. i appreciate very much what secretary wilbur ross and u.s. trade representative have been doing in terms of paving the way to have something meaningful, and yesterday i had the opportunity to ask the director of th

we know steel hulse. so what happens over ta years, aluminum is -- what happens over 25 years, aluminum doesn't quite have the strength so you have a little more flexibility in the hull. we've seen this with some of the cracking on the super structures so there are issues with, as you operate the ship just from a stress standpoint and the whole sensitive issue with aluminum. we'll look pretty carefully and proceed a little more cautiously on extending the service life of aluminum ships than the steel hull ones. >> you said five years probably out of ddg's? vice adm. moore: you can easily get five years out of everything that's got a steel hull and that you can probably get more. >> okay. last question? going, going. thank you very much. >> thank you, everybody. good to see you. >> if you'd like to see all of today's discussion you'll find it online at c-span.org. just search "navy." section 702 of the foreign intelligence surveillance act gives the government the ability to acquire intelligence from nonu.