Case | HBS Case Collection | 2012 (Revised from original 2011 version)
by Regina M. Abrami and Iacob Koch-Weser
What is Baosteel, a top Chinese steelmaker, doing in Brazil? The company is responding to the Chinese government's "go global" policy and to the possible rise in iron ore input costs. But steel mills are complex, capital-intensive projects, and Brazil is an emerging market that poses manifold risks to foreign investors. Vale do Rio Doce, Baosteel's prospective partner, is an iron miner with little experience in steelmaking. Baosteel must evaluate whether it is choosing the right company, and site for its first overseas greenfield investment.
Keywords: global business; foreign direct investment; China; developing countries; Latin America; industrial development; strategy and execution; analysis; industrial analysis; heavy industry; country analysis; Brazil; economic analysis; natural resources; infrastructure; planning; capacity planning; contingency planning; demand planning; competition; core competencies; corporate strategy; strategic positioning; five forces; bargaining power of suppliers; Globalization; Government and Politics; Policy; Emerging Markets; Foreign Direct Investment; Mining; Steel Industry; Mining Industry; China; Brazil;
Citation:
Abrami, Regina M., and Iacob Koch-Weser. "Heavy Metal (A): Baosteel Enters Brazil." Harvard Business School Case 912-411, May 2012. (Revised from original December 2011 version.)
Case | HBS Case Collection | 2012 (Revised from original 2012 version)
China Risk Finance: Riding the Wave of China's Financial Services Industry
Regina M. Abrami, Matthew Shaffer and Weiqi Zhang
Keywords: Financial Services Industry; China;
Case | HBS Case Collection | 2012
Goldwind USA: Chinese Wind in the Americas
Regina M. Abrami, Iacob Koch-Weser, Regina M. Abrami and Iacob Koch-Weser
Keywords: foreign direct investment; cross-cultural relations; environmental regulation; international management; financial strategy; emerging technologies; sourcing; customer relations; Foreign Direct Investment; Renewable Energy; Cross-Cultural and Cross-Border Issues; Governing Rules, Regulations, and Reforms; Financial Strategy; Decision Choices and Conditions; Energy Industry; China; Chicago;