It said British steelmaking was facing a "structurally challenging environment of weak domestic manufacturing demand, surging imports, a strong pound and steep regulatory and business costs".
It said that the cuts proposed by the Obama administration for 2012 and 2013 "will be challenging to implement, especially in an environment of weak growth and unemployment".
It's not the sort of programme with a strong political constituency, however, and so in an environment of weak growth and broad austerity, it's the sort of investment that's likely to get cut while corporate subsidies and benefits for retirees are maintained.
With the developing low located in an environment of weak to moderate wind shear, TCWC Perth issued a warning.
Located in an environment of weak steering currents, the depression drifted to the west-southwest after forming.
In an environment of weak to moderate wind shear, MFR upgraded the system to tropical depression status.
An environment of weak wind shear in the wake of the typhoon allowed a new area of low pressure to form within the southwesterly flow on May 21.
Within an environment of weak steering currents, the storm turned to the southwest, then to the south, after weakening to a tropical depression on October 15.
The storm intensified into a tropical storm early the following day on October 7 while initially located under an environment of weak vertical wind shear.
Within an environment of weak steering currents, the depression was initially forecast to track slowly west-northwestward and reach winds of 60 mph (95 km/h), but instead it drifted eastward before turning slowly to the west.
