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University of British Columbia Press Big Steel: Technology, Trade, and Survival in a Global Market

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Description

World steel production has grown dramatically as countriesindustrialize and add their own steel-producing capacity. China'sprodigious expansion of steel output has increased theindustry's natural vulnerability to oversupply and volatile prices.And the merger of the two largest steelmakers, Arcelor and Mittal,portends consolidation as a prime strategy for diversification andstabilization. This book examines the competition and survivalstrategies of the integrated steel industry from various vantage pointsincluding cost structures and technology, export pricing strategies,the economics of trade protection, Paul Krugman’s NobelPrize-winning explanation of industrial diffusion and trade, and theprospects of cooperating closely with automakers. The industry'sfuture, Big Steel shows, is cosmopolitan.       Review "Big Steel explores an industry that has been in near continual transformation for a generation or more and captures the shape and structure of these changes. Perhaps even more significantly, it makes the case that developments in the new millennium denote a new phase in the global steel business, which portends even more dramatic changes of behaviour and performance... It will make a substantial contribution to scholarship. - Peter Clancy, author of Micro-Politics and Canadian Business: Paper, Steel and the Airlines" About the Author Daniel Madar is a professor of political science atBrock University and author of Heavy Traffic: Deregulation, Trade,and Transformation in North American Trucking.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
15 April 2009
Listed Since
12 February 2009

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