In Japan, smooth sailing

Article Abstract:

Shares of shipbuilders Sumitomo Heavy Industries and Kawasaki Heavy Industries, both of Japan, are expected to increase in value, according to analysts. Sumitomo Heavy shares are expected to rise to about 450 yen, and Kawasaki Heavy shares are expected to rise to about 575 yen in 1998. Following the example of other Japanese shipbuilders such as Mitsubishi Heavy Industries Ltd. and Hitachi Zosen Corp., Sumitomo Heavy and Kawasaki Heavy have improved the efficiency of their shipbuilding operations.

Ship Building and Repairing, Shipbuilding & Repair, Japan, Shipbuilding industry, Kawasaki Heavy Industries Ltd., Sumitomo Heavy Industries Ltd.

---

Proposed blueprint for Posco leaves executives concerned about steel giant's future

Article Abstract:

Korea Development Institute senior fellow Yoo Seong Min has proposed the deregulation of the South Korean steel industry and the privatization of Pohang Iron and Steel Company Ltd. (Posco). Yoo recommended that the government should divest its 33.% interest in Posco to stimulate competition. Posco executives expressed concern over Yoo's proposal, noting that it will adversely affect the company's efforts to restructure its telecommunications business.

Management, Planning, Officials and employees, Korea, South, Yoo Seong Min, Korea Development Institute

---

Analysts warn depressed prices of steel will keep Posco down

Article Abstract:

Financial analysts advised investors not to purchase Pohang Iron and Steel Co. Ltd. stock. Analysts believe that weak world steel prices will adversely affect the stock's value which has been steadily dropping since Apr. 1996, when it reached $77.94 per share. Posco, which manufactures wire rods and hot-rolled, stainless steel, cold-rolled, surface treated and electrical sheets, is the second largest steel company in the world.

Similar abstracts:

• Abstracts: A procedure for optimizing tactical response in oil spill clean up operations. Refinery short-term scheduling with tank farm, inventory and distillation management: an integrated simulation-based approach
• Abstracts: End of the road: Local makes of foreign cars will get rammed. Net prophet: Chinese fisherman strikes liquid gold
• Abstracts: The son also rises. Troubled waters: Bakun dam project keeps hitting the wall. Soul searching
• Abstracts: Long-term focus on Japan skews Korea military plans. Dispute over islets illustrates the depth of mistrust between South Korea, Japan
• Abstracts: Foreign drug companies experiment with new strategies in mutable China. part 2 Chinese ruling is seen bolstering arbitration cases

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.