AND I DO WANT TO MARK THE DOW

JONES INDUSTRIALS AND THE S&P

AND WHERE THEY STAND RIGHT NOW.

WE DO HAVE THE DOW UP 216, S&P

UP 28.

HERE'S THE NEWS.

THE U.S. COMMERCE DEPARTMENT HAS

JUST ANNOUNCED IT IS IMPOSING

PRELIMINARY ANTI-DUMPING TARIFFS

ON CERTAIN STEEL COMING IN FROM

CHINA AND MEXICO.

SPECIFICALLY, IT IS, I

UNDERSTAND, THE KIND OF STEEL

THAT IS USED IN BIG STRUCTURAL

EFFORTS HERE.

A 141% DUTY ON THE STRUCTURAL

STEEL AND A 31% DUTY ON MEXICAN

STRUCTURAL STEEL.

SO CHINA GETTING HIT THE HARDEST

HERE.

AGAIN, A TARIFF OF 141% ON

INCOMING STEEL USED FOR BIG

STRUCTURES FROM CHINA.

THE COMMERCE DEPARTMENT SAYS NO

CANADIAN FABRICATED STRUCTURAL

STEEL HAS BEEN DUMPED IN THE

U.S. MARKET SO IT ESCAPES THIS,

BUT THE PRESIDENT HAS BEEN OPEN

TO SAYING QUITE CONSTANTLY THAT

THE U.S. STEEL INDUSTRY HAS

BENEFITED FROM THIS WHILE STEEL

STOCKS ARE MOVING HIGHER AT THE

MOMENT, WE DID KNOW OF COURSE

THAT U.S. STEEL HAD CLOSED A

PLANT IN AUGUST AND THEN I

BELIEVE JUST BACK IN JULY, THEY

HAD LAID OFF ABOUT 200 OTHER

WORKERS IN GARY, INDIANA.

WE ARE WATCHING WHAT APPEARS TO