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The United States Steel Indust
Part one of term paper
ry
After years of restructuring, an investment of approximately $50 billion in new plant and equipment, the application of world-class manufacturing technologies and increased labor productivity, ry is among the most competitive in the world. With the application of advanced technology, automation has replaced the more labor intensive pract ...
Part two of term paper ... 41.5 million tons of steel products, up thirty three percent from the previous record of 31 million tons imported in 1997.
The combined result of numerous steel industrial policies is that the world has tremendous excess production capacity in steel. Dumping, which is sales in export markets below cost or sales below the price in the home market, is the frequent result. In response to the recent increase of steel imports, a group of major U.S. steel producers filed a petition with the U.S. Interna ...
Word count: 808 | Approximate pages: 3
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