Scrap Steel -- A National Crisis, an Advisory from Industrialinfo.com

HOUSTON--March 23, 2004--Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). As if the pressure from their OEM customers weren't enough to drive automotive suppliers out of business, now there's another more imminent danger -- the skyrocketing price and an ominous shortage of scrap steel, a resource vital to the steel-making process. More than half of the steel produced in the United States is derived from scrap.

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