November 1, 2007


Congressional Democrats talk a good game when it comes to action on global trade, but it remains to be seen whether they will be any more effective than the Republican leadership before them.

Which major U.S. political party does the best job providing a favorable environment for the growth and well-being of domestic manufacturing?Is it the supposed party of business and moneyed interests, the Republicans, or is it […] Read More

November 1, 2007


The real cost of China’s steel production can be measured in lives lost and a vast territory polluted for generations to come.

China could be the first developing country that will truly test how far a nation can go poisoning its people, its land and the world in the name of economic development.Today it stands as the […] Read More

November 1, 2007


POSCO SEEKS PARTNER: The CEO of POSCO, the big South Korean steelmaker, says the company favors a merger with a European or U.S. company if the right candidate can be found. Lee Ku-Taek told the U.K.'s Financial Times that […] Read More

September 1, 2007

Private Equity's Plunder

Private equity has been a significant player in the metals industry's M&A boom. Some companies have prospered, but greed and a reluctance to reinvest in the business may threaten the long-term outlook.

So there are limits, after all, on what private equity can do. For a while there, it seemed as though the private equity operators, with billions of dollars to invest, were invincible—almost like forces of […] Read More