Tag: steel

In today’s global economy, one tonne of cocoa and one tonne of steel capture two very different kinds of value. The price of a tonne of cocoa is shown at around US$6,100, whereas a tonne of steel is marked at US$432.96.

From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence.