Their share of the steel market, which stood at 15 percent in 1970, increased to more than 43 percent by 1997.
Minimills substitute metal and iron scrap for iron ore to melt in their furnaces.
Electric arc furnace steel-making in the United States, which accounted for 43 percent of total steel making in 1993 and does not use iron ore, is the technology most often used by minimills That re-uses existing iron and steel, and rightly so, but the world still needs to extract iron from its ore, so there's not really an alternative to using iron ore.
Jeffrey B. Arthur has written: 'Strategic choice and industrial relations diversity' -- subject(s): Industrial relations, Iron and steel workers, Management, Steel industry and trade, Steel minimills
Minimills increased their share of production from 8.4 percent in 1960 to 44.6 percent in 1998
Shastri Moonan has written: 'Technology transfer' -- subject(s): Case studies, Technology transfer, Steel minimills, Steel industry and trade, Computer integrated manufacturing systems, Technological innovations
Oligopoly
NO NO
It is a steel making stage in whice steel refined and different elements are added in it.
focused
POSCO has been ranked number one as the worldโs most competitive steel company for 12 straight years.
Competitive sandwich making
metal steel