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This book examines the recent performance of the US steel industry
and related policy issues, including the Bush Administration
Section 201 initiative and measures in Congress addressing other
aspects of problems in the steel industry. The question of 'legacy
costs' has emerged as a key issue amid efforts to improve
conditions within the US steel industry. Legacy costs are pension
and health care benefit provisions of steel worker contracts,
especially for retirees, which provide benefits above and beyond
related public entitlements and which are funded by earnings of
steel companies. This new book describes the issue, with some
statistical data included. Congress; Steel: Legacy Cost Issue;
Index.
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Zombies Galore (Paperback)
Stephen Cooney; Edited by T. M. McLean; A A Garrison
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R435
Discovery Miles 4 350
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Ships in 10 - 15 working days
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Control (Paperback)
Stephen Cooney; Edited by Rob Grimes; Kyle Turton
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R349
Discovery Miles 3 490
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Ships in 10 - 15 working days
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More than one million Americans are employed in manufacturing motor
vehicles, equipment and parts. But the industry has changed
dramatically since the U.S. Big Three motor vehicle corporations
(General Motors, Ford and Chrysler) produced the overwhelming
majority of cars and light trucks sold in the United States, and
directly employed more than that many people themselves.
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The Last Diner (Paperback)
Theresa Derwin; Illustrated by Stephen Cooney; Chris Amies
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R474
Discovery Miles 4 740
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Ships in 10 - 15 working days
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Moderia (Paperback)
Stephen Cooney, Luke Imbery; Gregory M. Thompson
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R153
Discovery Miles 1 530
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Ships in 10 - 15 working days
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Moderia... The island is spoken about in whispers. Men tell of
heroic tales of others who have gone to Moderia, encountered the
evils and returned to tell of their survival. But very few have
lived. For one man who learns of Moderia, the lure of its secrets
compels him to ignore the warnings of a Paranoid Man and visit a
place he wants to complete him.
Steel prices remain at historically elevated levels. The rapid
growth of steel production and demand in China is widely considered
as a major cause of the increases in both steel prices and the
prices of steelmaking inputs. Steel companies have achieved much
greater pricing power, in part through an ongoing consolidation of
the industry. Most of the integrated side of the industry, nearly
half of U.S. production, is controlled by just two companies: U.S.
Steel, the traditional industry leader, and Mittal Steel, itself
the result of multiple international mergers. Moreover, Mittal's
2006 acquisition of the global number-two producer, Arcelor, may
further shake up the industry. Nucor and Gerdau have been active
major consolidators of U.S. minimill production.
Steel prices remain at historically elevated levels. The rapid
growth of steel production and demand in China is widely considered
as a major cause of the increases in both steel prices and the
prices of steel-making inputs. Steel companies have achieved much
greater pricing power, in part through an ongoing consolidation of
the industry. Most of the integrated side of the industry, nearly
half of U.S. production, is controlled by just two companies: U.S.
Steel, the traditional industry leader, and Mittal Steel, itself
the result of multiple international mergers. Moreover, Mittal in
2006 merged with the global number-two producer, Arcelor. Nucor and
Gerdau have been active major consolidators of U.S. minimill
production. U.S. steel production in 2005 was 104.6 million tons, a
5% decline from the high level of 2004. The net decline in output
was mainly on the integrated side of the industry, which has
continuously lost share. Imports also fell from the high level of
2004, although they rebounded by nearly 50% in early 2006. Input
prices, especially ferrous scrap and iron ore, remain high and have
contributed to higher production costs, which have been largely
passed along to industrial consumers. The growth of China
contributed to a large increase in demand for both steel and
steel-making inputs. China has become both the world's largest
steel-maker and steel consumer. This new book presents the latest
analyses on this critical industry.
Over one million Americans are employed in manufacturing motor
vehicles, equipment and parts. But the industry has changed
dramatically since the U.S. "Big Three" motor vehicle corporations
(General Motors, Ford and Chrysler) produced the overwhelming
majority of cars and light trucks sold in the United States, and
directly employed many people themselves. By 2003, most passenger
cars sold in the U.S. market were either imported or manufactured
by foreign-based producers at new North American plants (so-called
"transplant" facilities). The Big Three now dominate only in light
trucks, and are also now being challenged there by the foreign
brands. The Big Three have shed about 600,000 U.S. jobs since 1980,
while about one-quarter of Americans employed in automotive
manufacturing (nearly 300,000) work for the foreign-owned
companies. It is clear that the U.S. automotive industry has
undergone many drastic changes that have had a net adverse effect
on American interests. This book examines the causes of these
changes. Congressional acts, increasingly stringent emission laws,
the effects of NAFTA, labour unions and globalisation are all
within the scope of this book.
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