Global Steel Industry � PAGE �1�
Running Head: GLOBAL STEEL INDUSTRY
Global Steel Industry
[The Writer's Name]
[The Name of the Institution]
2) INDUSTRY ANALYSIS
PORTERS FIVE FORCES
EXPLANATION OF EACH
3) CORUS COMPETITIVE POSITION (SWOT ANALYSIS)
4) COMPETITIVE ADVANTAGES
5) ACHIEVE/MAINTAIN COMPETITIVENESS
6) CONCLUSION AND RECOMMENDATION
"Is it possible/likely that Corus Group, given its current size plus independent status, could succeed in the Global Steel Industry?"
Steel companies are gathering the challenge of change head-on. But, as capital intensive businesses competing in the globally traded sector, the majority would concur with the saying that 'change might have been alright once, but it has been going on for far too long'. Globalization is making modify ever more multifaceted (Abraham Berglurid, 2003). It's not just a question of given that spirited products. It's also a question of driving competitive processes.
Unfortunately, there are no signs that the rapidity of vary will slow, or that the tapering complexities will ease As well as China's direct and indirect influences on our steel and manufacturing markets, there are ecological pressures, US protectionism, swap rates and the ten-country growth of the EU to transaction with This has been the prototype of the last ten years or so. It is a matter of steel companies having to adapt to national and international constraints as well as gathering competition at home and abroad (Philip G. Wright, 2004). It has also taken its toll on the industry's delegate bodies, plummeting membership numbers and hopeful organizations like UK Steel to seek ways improved to deliver what members require. They carry on working in partnership with other delegate bodies crossways the steel industry. For instance UK Steel has provided secretariat hold up...