Equity Research on Arcelor Mittal and POSCO -- Metal& Iron Producers Having to Bear the Brunt of Price Decline
15 Settembre 2010 - 3:10PM
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steel & iron industry and has completed analytical research on
Arcelor Mittal (NYSE: MT) and
POSCO (NYSE: PKX). Register with us today at
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As prices for steel have dropped off in the past few months,
companies in the Steel and Iron industry are looking for ways to
reverse the trend. They believe the most effective way to
counteract price declines is by reducing output, and they are doing
just that. Figures from the Steel Association have shown that
production capacity dropped over five percent in July, as companies
try to alter the supply and demand equation. Arcelor Mittal, the
biggest steel maker worldwide has halted production at 25 of its
European blast furnaces since July. Arcelor
Mittal research report is accessible for free by registering
today at www.stockcall.com/MT150910.pdf.
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In China output is significantly dropping, but for different
reasons. Environmental concerns have caused the government to start
initiating temporary cessations of production in various steel
mills. While the move does not bode well for companies producing in
China, lowered production looks to have a positive effect on steel
prices and the industry as a whole. Register now at
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to have free access to our reports on the steel & iron
industry.
Companies like POSCO are also looking to acquisitions and
expansion of operations to bolster revenues. Some companies are
buying up producers of raw materials in an attempt to lower
production costs. Others are expanding into mineral rich India to
try and grab a larger share of the market. While India has the
proven resources, governmental red tape has hindered a few
companies from operating smoothly in the region. POSCO research report is available for free by signing
up now at www.stockcall.com/PKX150910.pdf.
Visit www.stockcall.com/ to see how companies in this industry
have grown over the past years and how they are expected to perform
in the future.
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