31.   He argued that U.S. steel makers suffered from destructive price wars and excess capacity.

32.   He said coking coal demand from Indian steel makers had previously been strong.

33.   Higher borrowing costs might discourage companies from resuming their building plans, which could slash earnings of steel makers and construction companies, analysts said.

34.   In recent weeks, Neuberger has also owned the stocks of exploration company Baker Hughes Inc. and steel maker LTV Corp.

35.   Indeed, many applaud the tariffs for potentially maintaining healthy competition among domestic steel makers, even as they express concern that they will drive domestic prices up.

36.   Investors said the key competitor was a steel cord maker in Belarus, the former Soviet republic.

37.   It has holdings in Argentina, Mexico, Brazil and Italy, include control of steel pipe maker Siderca SA and flat steelmaker Siderar Saic, both Argentine.

38.   Japan allows steel makers to coordinate with one another and keep prices artificially high at home to help promote low-priced exports.

39.   Just as the flood of cheap imports was receding slightly, one key cost was leaping for U.S. steel makers.

40.   Kawaguchi Metal Industries Co., an independent cast steel maker, is losing money, as is Meiji Machine Co., which makes machinery for large industrial plants.