|  | 05/10/2004 |
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Arcelor to Promote Business Development in the Future
Arcelor, the biggest steel maker, demonstrated a willingness to double the world's share at 5% in 10 years.
The firm is expressing the opinion that India cannot also disregard it though China of the steel market in the world will become the best key. The firm showed the idea that it was necessary to pay attenion to the Indian market.
The demand and production will be expanded in the future though the steel market in India is a-sixth of that of China. About tight making supply and demand about the raw material and the price's sudden rise, it will be optimistic about the market of coke in the future. The advance of prices is feared. The supply and demand stringency of the raw material charcoal will continue next year. The firm commented about the prospect with the situation with which the charcoal and coke market would be severe by 2006.
Moreover, about operational presence, the firm thinks that the steel board will become a business opportunity in the future and the car demand for China expands well especially.
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 | Arcelor to Promote Business Development in the Future
| | Sumitomo Metals Enters into Tie-up with Rio Tinto
| | Exports of ordinary steel material of Aug drop 8.3% to 2.054 million tonnes
| | Japan Carbon Steel Import Increases by 11% in August
| | Japan Rebar Output Increases by 0.7% in August
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