Turns out the very logic that backs cartels as a rational profit-maximization mechanism also rushes encourages firms to turn themselves in. The international war waged against cartels in…
Economics 243 Fall 2018
MolsonCoors has been the buzz of the brewing industry in recent months due to their full acquisition of MillerCoors. This is a big step in…
See the post from Wed 13 January at Autos and Economics for graphs and other details. Please follow that blog!! – I post at most…
I have a (Google blogspot) blog called Autos and Economics. My latest post (of a few minutes ago) is on a pending shakeout in the…
Texts are the same as for the Fall 2015 section. Warrian, Peter. A Profile of the Steel Industry. Business Expert Press, 2012. ISBN: 978-1606494172 Ogle,…
Dr. Warrian taught us a great deal about the steel industry on Monday. It was especially interesting the perspective that he gave us for the…
Hot Stamping is the process by which steel blanks are heated, pressed into shape, and rapidly cooled to produce a more efficiently formed, stronger part.…
Brazil’s iron ore industry has seen better days. On November 5 in Amapá, Brazil, a massive dam collapsed. The ensuing damage killed at least 13…
Background ArcelorMittal is the descendant to Mittal Steel, a business originally founded in 1976 by Lakshmi N Mittal. ArcelorMittal was created through the merger of…
Entering the steel industry requires a high degree of capital and human investment. Traditional steel smelting facilities are intricate labyrinths of expensive equipment operated by…