North America accounted for 11.2% of the world’s total [production], with steelmaking in the USA, the third largest steel producer in the world, decreasing by 5.8% in 2005 to 93.9 million tonnes.
Source
Nothing going on here, just move along, go on home, and go to sleep.
As soon as you wake up.
steel industry about gone
North America accounted for 11.2% of the world’s total [production], with steelmaking in the USA, the third largest steel producer in the world, decreasing by 5.8% in 2005 to 93.9 million tonnes.
Source
Nothing going on here, just move along, go on home, and go to sleep.
As soon as you wake up.
North America accounted for 11.2% of the world’s total [production], with steelmaking in the USA, the third largest steel producer in the world, decreasing by 5.8% in 2005 to 93.9 million tonnes.
Source
Nothing going on here, just move along, go on home, and go to sleep.
As soon as you wake up.
= = = = = = = = = = = = = = = = = = = = = = = =
Again, the operative word in your so-far-as-it-goes-correct summary is "decreasing".
I get up most days at 3AM, and get to bed a few hours after sundown.
http://www.businessweek.com/bwdaily/dnflash/feb2006/nf2006022_3731_db053.htm?campaign_id=rss_daily Lakshmi Mittal's "Industrial Logic"
The chairman and CEO of the world's largest steelmaker discusses his plans to acquire, Arcelor, his company's top rival for $23 billion
Lakshmi N. Mittal hasn't been putting in much time at the office these days. Instead, the chairman and chief executive of London- and Rotterdam-based Mittal Steel (MT ), the world's largest steelmaker, has been jetting around Europe trying to sell skeptical politicians and shareholders on his $23 billion bid for Luxembourg-based Arcelor, the industry's No. 2 player.
The fight for Arcelor has a bitter edge, perhaps because Mittal and Arcelor CEO Guy Dollé know each other well, and have raced each other to assemble strong companies in what had been a weak and fragmented industry. Mittal, 55, talked to BusinessWeek's London bureau chief, Stanley Reed, on Jan. 31 by phone from Luxembourg. Following are edited excerpts of their conversation:
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How is the integration of ISG [the U.S. steel company Mittal acquired from bankruptcy investor Wilbur Ross in 2004] going?
Very well. We have a top-class team, performing well.
Did you cut back production in the U.S. last year?
We did last year. This is part of consolidation. When you are a stronger and larger company, you can afford to modify production based on market demand and supply. We do not believe in oversupplying the market. When you are a large company, you can afford to do it. When you are a small player, your flexibility gets reduced.
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