The company, which focuses mainly on processing steel for use in the enterprise, saw its stock move up nearly 4% after hours.

FORBES: After Hours: Verifone Offers Bid For Competitor

Such steel demands more labour, both during processing and afterwards, in technical and sales support, which plays to the strengths of integrated steel firms.

ECONOMIST: In America��s fiery furnace

An Italian group has leased the biggest chrome mine, and a Turkish outfit has started processing scrap metal at an elderly Chinese-built steel plant.

ECONOMIST: Charlemagne

In the body shop, vehicles begin to take shape as some of the plant's 850 robots, processing data scanned from each serial number, pluck large stamped pieces of steel from nearby conveyor belts and weld them together.

FORBES: Magazine Article