It is still unable to produce high quality steel for modern automobiles, for example and needs Western engines and avionics to make a marketable airliner.
Although no American firm could currently deliver such a contract, Ispat soon might: it already produces, sources and sells lower grades of steel all over the world, and it is expanding into the high-quality steel that car makers demand.
The high quality brushed stainless steel casing measures 35 x 35 mm.
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Strategically located on major trade routes, it was easy to reach by land and water, and endowed with high quality wood, steel tools and a variety of skilled labour.
In 2006 the steelmaker embarked on a massive investment and construction project to build blast furnaces to produce high-quality virgin steel for cars, ships and consumer durable goods for parent Hyundai Motor and other customers.
But in 2006, it embarked on a massive investment and construction project to build blast furnaces which use iron ore and coking coal to produce high-quality virgin steel for cars, ships and consumer durable goods.
Voestalpine does not make commodity steel but occupies various high-end niches: top-quality steel, railway systems, steel sections and sophisticated automotive products, mostly made to order.
Dolle, who has compared Arcelor's steel to high-quality perfume over Mittal's lower grade eau de cologne, would like to see an all-cash offer from Mittal before he's prepared to consider the bid.
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Yet mini-mills cannot do it all: there is not enough scrap to satisfy all steel demand, and steel made from scrap is not high enough quality for all uses.
Continuous casting is a process whereby molten steel is passed continuously through a mould, like play-dough, allowing high quality products to be manufactured at greater lengths than traditional casting.
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