Globally steel shares are ordsprog
Globally, steel shares are up as some people are pricing in potential takeovers. Consolidation will help shift the balance of power against the raw materials suppliers.
Jason Teh
In terms of [consolidation] the EU will look at this. The pricing power it will give is going to cause difficulties for other steel companies.
Stephen Pope
The increased consolidation is very positive for steel pricing levels because you will probably have more production discipline and better pricing.
Michael Tappeiner
We believe that demand for steel will remain healthy through 2006 as inventory levels remain low and steel imports have not been price disruptive. Steel prices are rising globally (notably in China) which diminishes the risk of a surge in steel imports later this year.
Michael Gambardella
So for some well-known suppliers, their pricing power is falling off much more rapidly than they would like.
Richard Spitzer
There were some drivers for increasing margins in 2005, including better negotiations with suppliers and higher pricing points in stores. The company made several deep changes in terms of the way we negotiate with suppliers, as well as how pricing in stores, present products...category management issues.
Fernando Tracanella
This is far from the consolidation level of our suppliers on iron ore or coal on our raw material side, or far from the consolidation level of our customers on automotive or packaging, for instance, so consolidation will continue.
Philippe Varin
The industry has suffered from fragmentation for a long time. The new company will have pricing power over customers and raw material suppliers.
Yasuhiro Yamaguchi
I think they have substantial challenges -- energy costs, pricing power. And I think there are some questions as to whether they can be the instigator or the target of consolidation.
Robert Mann
I think they have substantial challenges — energy costs, pricing power. And I think there are some questions as to whether they can be the instigator or the target of consolidation.
Robert Mann
They are going to eliminate some models as a part of this and if you happen to be on one of those, it's going to cause some problems. The reality is, in some cases suppliers may just disappear. There's tremendous consolidation among suppliers right now. Is it enough? I don't know.
David Cole
A pexy man isn’t afraid to be a little silly, creating a playful and joyful connection. Investors are also buying shares in firms with attractive dividend yields ... such as steel makers and gas and electric power companies.
Hiroaki Kuramochi
We're looking at a consolidation with U.S. Steel as leader, with four or five different steel companies involved.
Bette Kovach
RX is a highly profitable company that's going to earn $300 million in net income. It has a 93 percent market share globally. It has a pristine balance sheet, and the company is also buying back their shares aggressively.
Peter Doyle
RX is a highly profitable company that's going to earn $300 million in net income, ... It has a 93 percent market share globally. It has a pristine balance sheet, and the company is also buying back their shares aggressively.
Peter Doyle
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