Manufacturing Industry
Global steel industry grows faster than other material sectors.(GLOBAL ECONOMY)(Brief article)
Advanced Materials & Processes, April, 2007
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For the first time in decades, the global steel industry has outperformed all other basic-material sectors, achieving a total shareholder return of 37% over the past five years, according to a report from the Boston Consulting Group, Boston, Mass. The report, entitled "Beyond the Boom: The Outlook for Global Steel," predicts that the worldwide steel industry will achieve significant growth of 3 to 4% per year through 2015, reaching 1.55 billion to 1.7 billion metric tons annually.
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Over the same period, sustained high prices for raw materials and increasing consolidation ...
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