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International: Bigger Threats; Faster Response

机译:国际:威胁更大;更快的反应

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I missed the conference last year. As you know, there was a World Cup in Brazil, which went better than expected. Logistics, people enjoyed it. Everything worked fine, except the Brazilian soccer team, you won't forget, finished seven to one to Germany. Anyway, back to steel. You saw this chart similar to what John Femolajust showed. Excess capacity. We also like to calculate by percentage. For many years, it was around 15%-18% over capacity. Now we're running at almost one third of the world capacity, a huge number. You can debate where it is, how we came to that. But the reality is this is probably the biggest threat we have in the industry.
机译:我去年错过了会议。如你所知,巴西有一个世界杯,比预期更好。物流,人们喜欢它。一切都锻炼身体,除了巴西足球队,你不会忘记,七到一个到德国。无论如何,回到钢铁。你看到这个图表类似于John Femolajust所显示的。产能过剩。我们也喜欢计算百分比。多年来,产能量超过15%-18%。现在我们在世界上的近三分之一的地位,一个巨大的数字。你可以辩论它,我们如何实现。但现实是这可能是我们在行业中的最大威胁。

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