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A tale of 2 companies - Consolidation in the global steel industry

Posted on 04 December 2012

It’s interesting to note that countries worldwide are scrambling to build new steel mills. It’s been reported that by 2016, approximately 100 new mills will be coming online globally. Some of the countries where mills will be added include Bolivia, Peru, Ecuador and Vietnam.
The governments of these countries, uniformly, see adding steel mills as a way to cut imports, be able to provide steel to their country’s manufacturers and stimulate their industrial development………………………………………..Full Article: Source


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VRS - who has written 36748 posts on Opalesque Commodities Briefing.


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