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Peter Marcus, a steel-industry veteran and managing partner of World Steel Dynamics in New York, says that by 2010 China will have capacity for steel products some 63m tonnes ahead of forecast domestic demand.
ECONOMIST: Steel industry
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But it was steady progress for the Pakistan openers early on and Imran Farhat, dropped on 11 by Marcus North off Peter Siddle, secured his 13th Test half-century just after lunch.
BBC: Australia bowlers hit late to stem Pakistan run flow
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Jennison Myrie-Williams earned a start for St Johnstone in place of the injured Murray Davidson, while Marcus Haber, Peter MacDonald and Steven Milne came in for Collin Samuel, Sam Parkin and Andy Jackson.
BBC: Emilio Izaguirre
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McInnes freshened up his side after the midweek Co-operative Insurance Cup defeat, Jennison Myrie-Williams coming in for the injured Murray Davidson, while Marcus Haber, Peter MacDonald and Steven Milne came in for Collin Samuel, Sam Parkin and Andy Jackson.
BBC: Saints boss McInnes unhappy with basic defensive errors
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Other candidates standing in the Coker ward are Peter Bysouth for the Green party, Marcus Fysh for Conservatives, Murray Shepstone for Labour and Ian Stephen for the Liberal Democrats.
BBC: UKIP candidate Audrey Spencer's death delays Coker vote
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Earlier, Marcus Trescothick, Ian Blackwell and Peter Trego scored centuries to lift Somerset to 469.
BBC: Munday spins Notts into trouble
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While the companies controlled by the family have been keen to introduce new compensation packages, patriarch Peter Wallenberg and his talented sons Jacob and Marcus aren't the kind of owners to transfer an undue amount of wealth from their own pockets to those of their hired hands.
FORBES: Capitalism is contagious
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Oh and there's also a tussle for the Conservatives' four places on the Backbench Business Committee: vying for them are David Amess, Bob Blackman, Peter Bone, Jane Ellison, Philip Hollobone and Marcus Jones.
BBC: What the '22 elections mean