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Market Structue Analysis of the Steel Industry

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Market Structue Analysis of the Steel Industry
I. Introduction ......................................................................................1
1.1 What is Market Structure Analysis? ...........................................1
1.2 What is Steel? .............................................................................1
1.3 History of Steel ...........................................................................2
1.4 Early Market Structure of the Steel Industry ..............................2
1.5 Current Market Structure of the Steel Industry ...........................4 II. What caused the change? ..................................................................5
2.1 Demand and Supply ....................................................................5
2.2 China Effect ................................................................................5
2.3 Oligopoly ....................................................................................6
III. Company Profiles ............................................................................6
3.1 Arcelor Mittal .............................................................................6
3.2 Nippon Steel Corporation ...........................................................7
3.3 Shanghai Baosteel Group Corporation .......................................7
3.4 U.S Steel .....................................................................................7
3.5 Tata Steel ....................................................................................8
IV. Conclusion ......................................................................................8
4.1 What is the future? ......................................................................8
4.2 Alternatives ................................................................................9
Bibliography ........................................................................................10
Appendix 1 – Top Steel Producers


Bibliography: Alloying of Steel n.d., Retrieved November 10, 2007, from http://www.materialsengineer.com/E-Alloying-Steels.htm Arcelor Mittal Profile n.d., Retrieved November 10, 2007, from http://www.arcelormittal.com/index.php?lang=en&page=9 ‘Arcelor Mittal sees profit up 40%’ 2007, BBC News, 16 May. Retrieved November 10, 2007, from http://news.bbc.co.uk/2/hi/business/6660649.stm Baosteel Profile n.d., Retrieved November 10, 2007, from Cardin, B 1987, ‘Revitalizing the Steel Industry’, Journal of Commerce, p.1A. Retrieved November 10, 2007, from LexisNexis database. Company History n.d., Retrieved November 10, 2007, from http://www.mittalsteel.com/Investor+Relations/Annual+Report+2004/Company+Profile/Company+History.htm ‘Corus accepts £4.3 bn Tata offer’ 2006, BBC News, 20 October ‘Did 6,000 steel jobs have to go?’ 2001, BBC News, 1 February. Retrieved November 2, 2007, from http://news.bbc.co.uk/1/hi/business/the_company_file/362530.stm ‘Europe’s core of Steel’ 1999, BBC News, 9 June Facts and Figures n.d., Retrieved November 10, 2007, from http://www.ollierecycles.com/uk/html/steel_facmore.html ‘First Results from Arcelor Mittal’ 2007, BBC News, 21 February Industry Overview 2007. Retrieved November 10, 2007, from http://www.lme.co.uk/steel-industryoverview.asp Iron, Steel and Invar, n.d., Retrieved November 15, 2007, from http://nobelprize.org/educational_games/physics/steel/readmore.html Iron & Steel n.d., Retrieved November 10, 2007, from http://www.metalpowderproducts.com/index.asp?action=materials_ironsteel Jameson, A 2007, ‘Lakshmi Mittal brushes off Rio merger talk’, Times Online, 15 November Marsh, P 2006. ‘Showing a new spark of life’, Financial Times, 13 June. Retrieved November 8, 2007, from http://www.ft.com Medeiros, O 2006, ‘The Economics of the World Iron and Steel Industry: 1950-1980’, PhD Thesis, University of Brasilia ‘Steel Industry plays hardball’ 1999, BBC News, 7 June. Retrieved November 10, 2007, from http://news.bbc.co.uk/2/hi/business/363051.stm Steel vs Tata Steel Profile n.d., Retrieved November 15, 2007, from http://tatasteel.com/Company/profile.asp The Industrial Revolution n.d., Retrieved November 10, 2007, from http://www.ecology.com/archived-links/industrial-revolution/index.html ‘United States Steel Corporation’ 2007, Encyclopaedia Britannica n.d. Retrieved November 21, 2007, from http://www.britannica.com/eb/article-9074342. World Steel in Figures 2007. Retrieved November 10, 2007 from http://www.worldsteel.org/?action=storypages&id=23
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