Advanced technologies are required (Steel Industry Analysis)

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Advanced technologies make it difficult for new competitors to enter the market because they have to develop those technologies before effectively competing. The requirement for advanced technologies positively affects Steel Industry Analysis. … "Advanced technologies are required (Steel Industry Analysis)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it. This statements will have a short-term negative impact on this entity, which subtracts from its value.
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