Manufacturing Industry
OECD: World steel rebound is in sight.
Purchasing, July, 1999
A general recovery in steel demand and production will materialize in 2000, says Franco Mannato of the Organization for Economic Cooperation and Development (oecd). However, he thinks world steel trade will shrink 11% this year and remain flat next year. After falling 2.2% last year, such trade barriers as dumping duties will depress world steel trade to 160 million tonnes in 1999 and 2000, according to the latest oecd outlook.
The shock of the Asian economic crisis has affected world steel demand, which fell 2.6% last year and is expected to fall 2.8% this year to 755 million metric tons. Still, Mannato suggests demand will rise 4.5% in 2000. Prices for steel products, which usually rise at a much slower pace than they fall, are expected "to start...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
