The European steel monster

Article Abstract:

The European steel industry, which has been operating at a loss for years, may be on the verge of a revolution. Those that follow the American and Japanese trends on the usage of mini-mills, which radically lower production costs, will be able to remain competitive.

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Steering the EC's industry

Article Abstract:

Countries of the EC are divided over industrial policy, debating whether intervention or an open market would foster a competitive economy. Government intervention may be influenced by self-serving lobbies rather than broad national interests.

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Hot blast: European steel

Article Abstract:

The European steel industry will likely receive a large aid package from the European Community worth $1.1 billion between 1993 and 1995. The aid is deemed necessary because of excess capacity and to prepare for plant closures and layoffs.

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