November 1, 2008


POSCO's struggles to build a major new steel plant in rural India demonstrate just how difficult global expansion can be, especially in the anti-industrial cultures of the rural Raj. Yet with India's iron ore beckoning, you can't blame the South Koreans for trying.

Sitting in a pink plastic chair and dressed suitably for the hot, humid weather in a white singlet and cotton pants, Abhaya Sahu, a local official of the Communist Party of India (CPI) in Orissa […] Read More

September 1, 2008


NAFTA took effect some 15 years ago—long enough to know who wins and who loses.

Each minute, products worth about $1 million flow across the U.S.-Canada border, and about half that over the U.S.-Mexico border. At The Steel Supply Co., a service center in Rolling Meadows, Illinois, the paperwork has […] Read More

September 1, 2008


Cap and trade is coming to the United States, like it or not.

Make no mistake about it. The United States will impose some kind of cap-and-trade system on industry to control greenhouse gas (GHG) emissions and establish a market price for carbon emissions.Despite the defeat earlier this […] Read More

July 1, 2008


Manufacturing seems to have lost its luster in the eyes of young job seekers, but trade groups and metals companies are working hard to bring it back.

Looking to fill a position? Why not do it on YouTube, the video Web site? That’s where Klein Steel Service Inc. of Rochester, New York, has posted ads and reports that have helped maintain a […] Read More

July 1, 2008


Since 1995, Platinum Equity has demonstrated a knack for generating huge returns from corporate castoff businesses. Now, it's doing it again with two of the largest metals service centers, Ryerson and PNA.

To understand Ryerson Inc. and PNA Group today, it helps to know something about Jacob Kotzubei and Rob Archambault, partners of Platinum Equity LLC, the Beverly Hills, California, private equity firm that owns both big […] Read More