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T he year 2004 witnessed anextremely prosperous steelindustry. Soaring steel prices andhuge profits had attracted manyinves- tors to contribute to the creationof new factories.One of those visionaries
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T he year 2004 witnessed anextremely prosperous steelindustry. Soaring steel prices andhuge profits had attracted manyinves- tors to contribute to the creationof new factories.One of those visionaries was ZhangQiaosheng, a manager of the ChangfengSpecial Steel Co. in Shanxi Province. He decidedto build a new steel production line witha capacity of 200,000 tons per year in 2005,hoping to reap rewards from the boomingsector
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