Number: RL32333
Title: Steel: Price and Policy Issues
Authors: Stephen Cooney, Resources, Science, and Industry Division 
Abstract: The rapid growth of steel production and demand in China is widely considered as a major cause of continued high steel prices and prices of steelmaking inputs. Steel companies have achieved much greater pricing power, in part through an ongoing consolidation of the industry. High prices persist, despite the revocation in 2003 of President Bush's broad safeguard order on imports.
Pages: 57
Date: October 31, 2007