Facing sky-high labor costs, a glut of imports, and well-connected cross-border rivals, finance chiefs at the remaining U.S. steelmakers dig in.
July 26, 2002
Managing a company in a crisis is tough enough. Managing a company in a crisis-ridden industry is harder yet.
And make no mistake, the U.S. steel industry is in a serious crisis. Deep pocketed -- and well-backed -- rivals from Asia and South America have made life miserable for managers at American steel makers, many of whom have found it nearly impossible to compete in their own backyard. Read more...
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