International Trade committee  I don't believe it would have gotten to that level, but of course I'm not an expert in the industry. With the administration in the United States putting out the threats that would allow the supply and demand of steel in the United States to fluctuate and alter, the steel manufacturers have had the opportunity to increase prices.

International Trade committee  Yes, I'm concluding right now. First, it's taken our teams away from their real focus, which is engaging themselves in innovation and technological advance. Second, it's strained long-standing relationships with customers. Third, it's reduced income profitability and constrained working capital.

International Trade committee  Thank you and good afternoon, Mr. Chairman, honoured members of the committee, those in support and fellow guests. I'd like to relay on behalf of myself, the shareholders and all our employees a high level of gratitude for the opportunity to speak to this committee. I'm here representing Court Holdings Limited.

International Trade committee  It sure is.

International Trade committee  I saw them.

International Trade committee  Oh, that's why. I thought they were out for a reason.