austinvernon.substack.com/p/speed-can-reindustrialize-america
2 corrections found
A country like South Korea produces more shipping in one year than the US did in the entire Second World War.
This overstates South Korea’s annual shipbuilding output. Recent South Korean output is about 21.2 million DWT, while U.S. World War II merchant shipbuilding totaled over 56 million deadweight tons.
Full reasoning
The comparison in the article appears to be false on the most natural tonnage measure.
- UNCTAD’s maritime profile for the Republic of Korea reports ship building: 21,192 thousands DWT (about 21.2 million deadweight tons).
- A U.S. National Defense University Press article summarizing U.S. Maritime Commission output states that between 1939 and 1945, U.S. merchant shipyards produced 5,777 vessels of over 56 million deadweight tons.
So South Korea’s recent annual shipbuilding output is well below total U.S. World War II shipbuilding output, not above it. Even by vessel count, the claim is off: a recent Stimson Center summary says South Korean shipyards delivered over 230 commercial vessels in 2024, versus 5,777 U.S. wartime vessels in the NDU/MARAD figure.
Because both tonnage and vessel-count comparisons go the other way, the statement that South Korea produces more shipping in one year than the U.S. did in all of World War II is incorrect.
3 sources
- UNCTAD Maritime Profile: Republic of Korea
Ship building⁴ ... 21 192 Thousands DWT.
- Joint Force Quarterly (NDU Press), Issue 50, 3rd Quarter 2008
Between 1939 and 1945, the 100 merchant shipyards overseen by the U.S. Maritime Commission produced 5,777 vessels of over 56 million deadweight tons.
- South Korean Shipbuilding Capacity - Stimson Center
In 2024, South Korean shipyards delivered over 230 commercial vessels, accounting for nearly 21% of global output.
US steel production is over 100 million tons per year.
Recent U.S. steel output is well below 100 million tons. Major industry and government sources put it around 80–88 million tons per year, not above 100 million.
Full reasoning
This sentence overstates current U.S. steel production.
- The American Iron and Steel Institute reported that U.S. raw steel production was 88 million net tons in 2024.
- The U.S. Geological Survey’s 2026 Mineral Commodity Summaries estimates raw steel production at 82 million tons in 2025, compared with 79.5 million tons in 2024.
- World Steel Association data likewise puts U.S. 2024 crude steel production at 79.5 million tonnes.
Those figures are all materially below 100 million tons per year, so the article’s claim is incorrect as written.
3 sources
- AISI Releases Annual Statistical Report For 2024
U.S. raw steel production was 88 million net tons in 2024, a two percent decrease from 2023.
- USGS Mineral Commodity Summaries 2026
In 2025, estimated raw steel production ... was 82 million tons compared with 79.5 million tons in 2024.
- worldsteel: December 2024 crude steel production and 2024 global totals
United States | 79.5 | 81.4 | -2.4