From publisher's description: Big Steel explores how the integrated steel industry is adapting to trade and international competition. These arise from the industry's diffusion beyond its historical core in North America and Europe. To show this occurred, Big Steel applies Paul Krugman's Nobel...

Steel is the mainstay of the world's major industries. World steel production has grown dramatically as countries industrialize and add their own steel-producing capacity. China's prodigious expansion of steel output increases the industry's natural vulnerability to oversupply and volatile...

Intro -- Contents -- Preface -- Acknowledgments -- 1 Introduction -- 2 A Tough Industry -- 3 Prices, Preferences, and Strategy -- 4 Trading Steel -- 5 Survival -- 6 Steel in a Global Perspective -- Notes -- Bibliography -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M --...