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Big Steel

Technology, Trade, and Survival in a Global Market

by Daniel Madar

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list price: $99.00
edition:eBook
also available: Paperback Hardcover
published: 2010
ISBN:9780774858755
publisher: UBC Press
Description

World steel production has grown dramatically as countries industrialize and add their own steel-producing capacity. China's prodigious expansion of steel output has increased the industry'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 and stabilization. This book examines the competition and survival strategies of the integrated steel industry from various vantage points including cost structures and technology, export pricing strategies, the economics of trade protection, Paul Krugman’s Nobel Prize-winning explanation of industrial diffusion and trade, and the prospects of cooperating closely with automakers. The industry's future, Big Steel shows, is cosmopolitan.

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Contributor notes

Daniel Madar is a professor of political science at Brock University and author of Heavy Traffic: Deregulation, Trade, and Transformation in North American Trucking.

 

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