The euro's breathtaking rise against the dollar has spurred European makers of cars, steel, aircraft, and more to shift production to the U.S..

欧元兑美元惊人的上升刺激了欧洲的汽车、钢铁、飞机等制造商将生产转移到美国。

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Who is tougher, dollar or steel?

美元与钢铁谁更硬？

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They call it merchant banking, taking their cue from the grandfather of the industry, J. Pierpont Morgan, who created the world's first billion-dollar company in US Steel.

这就是他们跟工业鼻祖约翰。皮尔庞特·摩根那学来的商业银行业务，他建立了世界第一家价值十亿美元的美国钢铁公司。

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Asia has largely recovered and the dollar has weakened, making American steel more competitive.

ECONOMIST: American steel

Aside from their own high costs, the biggest blow to American steel makers in recent years has been the strong dollar, which makes all imports cheaper.

ECONOMIST: American steel

Most recently it has been eyeing the American steel market in the hope of taking advantage of the weak dollar.

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