Chaparral Steel uses only scrap iron and scrap steel in its very efficient continuous-casting process to make new steel. It is the only U.S. steel company that ships to Japan. Because of its low cost, it has gained a _____ over other U.S. steel manufacturers.

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Chaparral Steel's ability to use a very efficient process and its unique position as the only U.S. steel company shipping to Japan, combined with its low cost, gives it a differential advantage over other U.S. steel manufacturers. This means it has a unique benefit or superiority in some aspect that sets it apart from its competitors.

Chaparral Steel Uses Only Scrap Iron and Scrap Steel in Its