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Meeting the Challenge : U.S. Industry Faces the 21St Century the Basic Steel Industry

By Lenz, Allen J., Dr.

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Book Id: WPLBN0000697172
Format Type: PDF eBook
File Size: 2.66 MB.
Reproduction Date: 2005
Full Text

Title: Meeting the Challenge : U.S. Industry Faces the 21St Century the Basic Steel Industry  
Author: Lenz, Allen J., Dr.
Volume:
Language: English
Subject: Technology., Reference materials, Technology and literature
Collections: Techonology eBook Collection
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J. Len, D. A. (n.d.). Meeting the Challenge : U.S. Industry Faces the 21St Century the Basic Steel Industry. Retrieved from http://hawaiilibrary.net/


Description
Technical Reference Publication

Excerpt
Foreword: For more than a decade, there has been widespread and increasing concern over the ability of the United States to achieve sustained economic growth and long-term prosperity. Since 1980, successive Congresses and Presidents, in a bipartisan response, have introduced a wide range of programs and policies directed toward improving U.S. competitiveness. Such policies?whether focused on building a 21st-century infrastructure, stimulating technological innovation and commercialization, improving the business climate for investment and growth, emphasizing opportunities for education and training, or promoting trade?start with assumptions, often implicit, about the competitive position of U.S. industry.

Table of Contents
TABLE OF CONTENTS PAGE FOREWORD .......................................................................................... 5 ACKNOWLEDGMENTS ........................................................................... 7 EXECUTIVE SUMMARY .......................................................................... 9 I. INDUSTRY CONDITION ......................................................................... 13 Structure and Characteristics of the Industry ..................................... 13 A Keystone Industry ........................................................................ 13 Huge, High-Tech, and Dynamic ..................................................... 19 Over 1 Million U.S. Jobs ................................................................... 22 A Global Industry ............................................................................. 23 Capital Intensive ............................................................................... 24 Environmentally Committed .......................................................... 25 Position in World Markets and Trade Performance ........................... 30 Trade Performance and Competition ............................................. 30 Trade Composition by Product ....................................................... 34 Geographic Composition of Trade ................................................. 36 Foreign Investment Performance ................................................... 36 Economic Performance and Financial Position .................................. 40 Revenues and Assets ........................................................................ 40 Investment Trends ............................................................................. 41 Profits .................................................................................................. 43 Rates of Return .................................................................................. 44 II. FORCES SHAPING THE INDUSTRY ........................................................ 47 Infrastructure and Sources of Current Strengths ................................ 47 Global Supply-Demand Relationships ................................................. 50 U.S. Economic Performance ................................................................... 52 World Economic Performance ............................................................... 55 Access to Foreign Markets and Protection of Intellectual Property ...... 56 Government Policies ............................................................................... 57 III. COMPETING IN A DYNAMIC WORLD ECONOMY ................................. 59 The Advance of Technology ................................................................... 60 Environmental Costs and Product Restrictions .................................. 66 The Availability of Energy ...................................................................... 71 Changing Geographic Composition of Production and Consumption .............................................................................. 73 U.S. Chemical Industry Competitiveness and Foreign Investments ......................................................................... 73 New Foreign Investment Strategies and Problems ............................ 75

 

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