TITLE

Smoothing the Cost Curve

AUTHOR(S)
Marino, Jonathan
PUB. DATE
April 2010
SOURCE
Mergers & Acquisitions Report;4/26/2010, Vol. 23 Issue 17, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that steel companies are now managing raw material and commodity costs in order to lessen the impact of the volatility of commodity prices. The first company to do so was Steel Dynamics which acquired scrap metal processor and distributor OmniSource. Russian steel maker MMK purchased Profit, a Russian scrap processor which supplies three quarters of its scrap needs.
ACCESSION #
49835260

 

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