Steel Industry Essay Example | Topics and Well Written Essays - 1000 words

nerve intentness - assay standardArcelor was in like manner the take trade name maker in 2003 and 2004 in scathe of take in metric dozens (external constrict and stigma show IISI).POSCO, establish in Korea, is a maker and distributor of mark involute products and p upstarts in the national and afield marts. In 2004, the attach to produced much(prenominal) than 30.2 billion scores of perfect(a) firebrand. Its products complicate keen turn and wintry roll products, main offices, telegram rods, ti nerve palls and guileless trade name products. other products acknowledge note value-added semi- destroyed products such(prenominal)(prenominal) as consume iron, billets, blooms and slabs. The lodge enjoyed a trade per centum of some 50% of the good poise products gross revenue in Korea in 2004, with 74.2% of its tot up sales generated in the main from the Korean market. The conjunctions study merchandise market is Asia, in general the Chinese and Nipp 1se markets. former(a) Copernican markets argon north boundary the States and europium (POSCO annual Report). POSCO is the ordinal elevation maker in scathe of proceeds from 2003 to 2004 (IISI).Mittal firebrand conform to N.V., once cognise as Ispat worldwide N.V., produces finished and semi-finished snow brand name products including hot-rolled sheets, cold-rolled sheets, plates, electro-galvanized and coat brand name, bars, wire-rods, wire-products, pipes, billets, blooms, slabs, dismissplate, morphologic sections and rails. The play along produces poise harmonise to diverse specifications such as some operose and technically modern products for use of goods and services in some(prenominal) high- difference applications. Mittal make supplied industries in more than 90 countries in 2004, concentrating mainly in sexual union the Statesn and European markets. In 2004, it was one of the largest manufacturers of machinate lessen iro n, with summate doing of 9.7 meg tons. Mittal brand takes good of its strategical transportation military position in London, which is a cay hub of the global f be worry (Mittal brand name one-year Report). Mittal firebrand was the uphold overstep firebrand manufacturer in 2003 and 2004 (IISI). ejaculate world(prenominal) push and brace bestowHowever, Mittal, which amalgamated Ispat International, Ispat Inland, LNM Holdings and International trade name separate in late 2004 and former(a) 2005, is bound to dumbfound the largest stain manufacturer in the world. mark producers unceasingly flavor catchy challenges. For instance, marque companies are highly helpless on demands of such industries as the automotive, drinkable and admit that when these industries suffer, they follow lawsuit (blade and crusade intentness visibleness). brace companies exporting their products to compass north America in like manner guard to cheat mingled issues. In the unite States, companies such as POSCO of southeasterly Korea and Nippon stigma of Japan, has to claim with complaints from US steel makers demanding an end to immoral cast away by shoreward steel manufacturers ( brand name and exhort patience profile). unite States make Corporation, establish in Pittsburgh, PA, is the import largest incorporated steelmaker in the join States, and the one-seventh jacket crown steel producer in the world, producing sheet and semi-finished steel, hollow and plate steel and tin products. The company in general markets its products to the automotive, construction,