Month: September 2008

Class: ECON130 Name: Seowon Jung Instructor: Barbara Ross Source: Wall Street Journal, B1, Sep-29-2008 Still makers in the U.S decided to reduce outage because demand for steel has been decreased by the credit crisis. Besides, automobile and construction markets are becoming slowdown. Some of steel makers predict and already provide against emergencies that they will not keep earning revenues in the years second half. Although the some of law material costs were decreased, it seemed that didnt give any effects. Therefore, they have planned to reduce output by about 15% […]