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Globalization of the steel industry

Hwang, Myung Hak

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Abstract

Steel is the vital and basic engineering material, underpinning all industrial development. Today consumption of steel is running at around 750 million tonnes a year, and world demand for steel is likely to grow for the foreseeable future. While steel is sold across international markets, it is primarily produced and supplied by national rather than global companies. The globalization of the steel producers is realized by way of the following processes: the progression of steel industry ownership from the state to the private sector, intra-regional alliances and consolidation, joint ventures with foreign partners, and finally full globalization. In this thesis, POSCO will be reviewed as a successful case of globalization. The successful companies in the future are likely to be embracing new technologies, be internationally cost competitive, and financially focused. They are also likely to have a network of strategic partners and joint ventures, with a much greater flexibility than has been exhibited by companies in the past.

Advisors
Lee, Seung-Joo
Department
KDI School, Master of Business Administration
Issue Date
2000
Publisher
KDI School
Description
Thesis(Master) --KDI School:Master of Business Administration,2000
Keywords
Steel industry and trade--Korea (South)
Steel industry and trade--Government policy.
Contents
Part I.Introduction


Part II.Globalizationofthe World Steel Industry.


Part III. Case Study of POSCO’s Globalization
Pages
59 p.
URI
https://archives.kdischool.ac.kr/handle/11125/29941
Type
Thesis
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