Nucor in 2001
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Title: Nucor in 2001

Essay Details:

Subject: Business
Author: Mary L
Date: September 29, 2016
Level: University
Grade: B
Length: 6 / 1557

Essay text:

steel, who is the industry leader. Competition analysis in the Steel Industry The pressures form substitutes, suppliers and new entrants are low, as shown in figure 1 below. Since buyers are less in number and buy in huge quantities, the competitive pressure is high. The intensity of the rivalry is very high especially after the consolidation of international steel makers. The number of players is less and there is huge excess capacity. The product is standard and not much can be done to create differentiation, so the basis of competition is cost. There is a huge pressure to keep up with the emerging technology...

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