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Mini-mills, major problems. (Eastern Europe's steel plants)
From:
The Economist (US)
| Date:
September 14, 1991
| COPYRIGHT 1991 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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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...