Steel Industry

Industry Analysis Steel Industry Seungyeon Song BADM 482 Dr. Doug Ohmer manufacturing CHARACTERISTICS Determine the size of the diligence. (Typically decl atomic number 18d in gross sales dollars or # of units sold per year.) The United States nerve food foodstuff grew by 3.7% in 2007 to reach a good make do of 102.2 million metric tons. The compound annual growth value of the trade volume in the period 2003-2007 was 2.2%. Who ar the major competitors in the manufacture (focus on top 5 to 10 ). What is their size? How long have they been in the industry? Where are they located? Is there anything in particular that defines this company? (e.g.: industry leader, financial condition, labor relations, etc.) Nucor Corporationl has the largest share of the United States brand market with a 22.4% share of the summate volume. Arcelor Mittal accounts for a further 20.5% of the be volumes. Arcelor Mittal A rcelor Mittal (formerly known as Mittal Steel Holdings NV or Mittal Steel) is the worlds largest poise producer. The class sells its products in 187 countries including the Americas, Europe, Asia, Africa, and Commonwealth Independent States.

Also, the group has steel-making operations in 26 countries and sells its products to a diverse range of automotive, appliance, engineering, construction, and machinery industries. The group has a production capacity of 138 million tons. Approximately 35% of this is produced in the Americas, 48% in Europe, and approximately 17% in early(a) countries, much(prenominal) as Kazakhstan, Algeria, and South Africa. The ! group produces finished and semi-finished blow steel products, specifically flat products including sheets and plates; long products including bars, rods, and structural shapes; and upright steel products. It has industrial steel production centers in 26 countries crosswise Europe, the Americas, Asia, and Africa. Mittal Steel operates its business in six reportable in operation(p) segments: flat carbon Americas; flat...If you want to get a sound essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper