Related by context. Frequent words. (Click for all words.) 68 oversupply 52 glut 51 capacity utilization 51 downturn 50 oversupplied 49 slowdown 49 pricing pressures 48 economic downturn 47 inefficiencies 47 overproduction 46 liquidity crunch 46 unprofitable 45 headwinds 44 profit margins 44 underperformance 44 inflationary pressure 43 bottlenecks 43 industrywide 42 consolidation 42 shortage 42 uncompetitive 42 inflationary pressures 42 shakeout 42 export oriented 42 overhang 41 recession 41 downward pressure 41 cutbacks 41 profitability 41 overfishing 41 credit crunch 41 steelmakers 41 declining enrollment 40 refining margins 40 cyclical 40 deflationary 40 stagnation 40 shortages 40 consolidations 40 highly leveraged 40 staffing shortages 40 cyclicality 40 deleveraging 40 deflation 39 scarcity 39 rationalization 39 capex 39 write downs 39 lay offs 39 recessionary 39 liquidity 39 deepening recession 39 raw material 39 overcrowding 39 downturns 38 slowdowns 38 unsustainable 38 redundancies 38 acute shortage 38 protectionism 38 writedowns 38 capacity 38 illiquidity 38 pricing 38 slump 38 vertical integration 38 downsizing 38 retrenchments 38 competitiveness 38 bottleneck 38 layoffs 37 smelters 37 imbalances 37 demand 37 sluggishness 37 Profitability 37 ample liquidity 37 uneconomical 37 industry 37 restructuring 37 shrinking 37 slackening 36 declining 36 ASPs 36 shortfalls 36 markdowns 36 chipmakers 36 upturn 36 constraints 36 commodity prices 36 backlogs 36 prices 36 intensely competitive 36 asset bubbles 36 fabs 36 skilled manpower 36 capital expenditure 36 overcrowded 36 Gallois 36 industrialization 36 closures