Comments by "capmidnite" (@capmidnite) on "The Sad Fall of a Philippine Steel Giant" video.

What an interesting contrast to POSCO, South Korea's attempt at building up an indigenous steel industry. It was initially predicted to be an expensive failure but ended up producing steel at competitive prices and ended up supplying Korean industrial sectors such as automobiles and construction.
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@SMGJohn But the North Korean steel mills were built by the Japanese.
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@SMGJohn Just how many steel and iron complexes do you think N Korea has? Hundreds? Tens? The Chollima iron and steel works is the largest in North Korea and the subject of numerous visits from the top leadership.
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@SMGJohn Heavy machinery is often salvageable after an aerial bombing raid. The Germans in WW2 got their aircraft factories up and running a in a couple days after massive Allied bombing raids. The fact remains the Chollima iron and steel complex was built by the Japanese.
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