21. Demand for Indian steel fell away and steel makers there are now running down their coal stocks. 22. Domestic companies such as cement maker Vencemos and steel maker Siderurgica Venezolana Sivensa are also expected to benefit from a government public housing program. 23. Early gains were fueled by Japanese dealers, who bought shares of companies that included steel maker Japan Steel Works and mining development company Japan Energy Corp. 24. European steel makers have adopted a noticeably different strategy, embracing the mini-mill concept far more aggressively than their American counterparts. 25. Executives at some of the largest steel companies are seeking government support to consolidate up to five ailing steel makers into one big company on more solid footing. 26. For a president who has repeatedly urged the dismantling of trade barriers, protecting steel makers poses some foreign policy risks. 27. For his part, Miller said that if steel makers did not consolidate, many would have to go out of business. 28. Foreign steel makers complain that the U.S. steel industry takes unfair advantage of the complex, expensive and time-consuming system. 29. Fourteen Venezuelan companies now have ADRs, including national phone company CA Nacional Telefonos de Venezuela and steel maker Siderurgica Venezolana Sivensa. 30. He also recommends consumer-oriented companies like Reebok International and Walt Disney and basic materials companies like Nucor, the specialty steel maker. |