Steel Industry

Industry Analysis Steel Industry Seungyeon Song BADM 482 Dr. Doug Ohmer effort CHARACTERISTICS Determine the size of the diligence. (Typically decl atomic number 18d in gross revenue dollars or # of units sold per year.) The United States nerve food commercialize grew by 3.7% in 2007 to reach a good ask of 102.2 million metric tons. The compound annual growth dough of the food market volume in the period 2003-2007 was 2.2%. Who atomic number 18 the major competitors in the pains (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 mark market with a 22.4% share of the summate volume. Arcelor Mittal accounts for a further 20.5% of the thoroughgoing volumes. Arcelor Mittal Arcelor Mittal (formerly known as Mittal Steel Holdings NV or Mittal Steel) is the worlds largest brace producer. The separate 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, such as Kazakhstan, Algeria, and South Afr! ica. 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 across Europe, the Americas, Asia, and Africa. Mittal Steel operates its business in six reportable operating(a) segments: flat carbon Americas; flat...If you want to get a abundant essay, order it on our website: OrderCustomPaper.com

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