World steel dynamics. Winners in steel need to be offensive

Peter F. Marcus, Karlis M. Kirsis

    Research output: Contribution to journalConference articlepeer-review

    Abstract

    The international steel industry has taken a dynamic path. It is in a state of accelerated structural change. These changes are largely independent of the business and the steel cycles. We are witness to a revolution in technology, management techniques and the application of the computer. Other key forces include the competitive pricing structure, new world steel trade patterns, shifting foreign exchange rates, cross-border investing by the world's leading steelmakers, financial 'time bomb' threats to established steelmakers, reduced governmental subsidies and normal business cycle factors.

    Original languageEnglish
    Pages (from-to)33-44
    Number of pages12
    JournalProceedings, Annual Meeting - Minnesota Section, AIME
    StatePublished - 1 Jan 1991
    Event64th Annual Meeting of the Society for Mining, Metallurgy, and Exploration in conjunction with the 52nd Annual Mining Symposium - Duluth, MN, USA
    Duration: 16 Jan 199117 Jan 1991

    ASJC Scopus subject areas

    • Engineering (all)

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