Mini-mills, major problems. (Eastern Europe's steel plants)

From: The Economist (US) | Date: September 14, 1991 | Copyright information

Eastern Europe's decaying steel industry could be overhauled through the use of mini-mills. Such small electric-arc fired plants meet the regions' needs for low-cost construction and operation.

THOUGH Europe's steel giants squabble over subsidies, they agree on one thing: the need to restrict imports from Russia and Eastern Europe, regions that accounted for about a quarter of the 770m tonnes of steel produced worldwide last year. West European firms fear cheap East European ste...