Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
In an "Executive Decision" segment, Cramer sat down with John Ferriola, chairman, president and CEO of steelmaker Nucor (NUE) - Get Report , a company that continues to fight in Washington against illegal dumping of foreign steel.
Ferriola made it clear that many of our trading "partners" are not in it for profit. They are simply government subsidized employment centers. We're not going to have a trade war, Ferriola continued, we're already in one... and we're losing. We cannot have a strong national defense without a strong steel industry, he said.
Ferriola said accomplishments like the newly-commissioned Gerald R. Ford aircraft carrier, which use 75,000 tons of steel, would not be possible without America's ability to produce steel.
When asked about what government support could do for the industry, Ferriola said to just wait and see. Nucor continues to invest heavily into its business and thanks to a strong balance sheet, there are many possibilities.
Cramer said he continues to be proud of Nucor and all of their efforts to keep America's steel industry vibrant.
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At the time of publication, Cramer's Action Alerts PLUS had a position in NUE.