The Economics of the World Iron and Steel Industry: 1950-1980

<div><p><em>Steel is one of the most important pillars to the Infrastructural development of any nation. The rate of production and consumption of steel is treated as an important index of the level of socioeconomic development and standard of living of the people in any country. India stands at the 3rd position as a producer of crude steel in the world and this Industry is an important Foreign exchange Contributor to the economy. Since Iron and steel products are Imported and Exported liberally as per the existing policy and therefore it becomes necessary to analyse and evaluate the export potentials and competitiveness of the Indian Iron and steel industry in relation to the steel exports of the world as a whole. This study analyses the competitiveness and the pattern of trade flows/trade specialisation from India to world, particularly for Iron and Steel industry. Our research is mainly based on the measures of Revealed Comparative Advantage (RCA) measures or Balassa Index.</em></p></div>

Download Full-text

The European Iron and Steel Industry and the World Crisis

The Politics of Steel ◽

10.1515/9783110921557.111 ◽

2012 ◽

Cited By ~ 1

Author(s):

PATRICK A. MESSERLIN

Keyword(s):

Steel Industry ◽

Iron And Steel Industry ◽

Iron And Steel ◽

World Crisis ◽

The World

Download Full-text

Development trends of iron and steel industry in Russia

Russian Journal of Industrial Economics ◽

10.17073/2072-1633-2020-2-158-166 ◽

2020 ◽

Vol 13 (2) ◽

pp. 158-166

Author(s):

Yu. Yu. Kostyukhin ◽

D. Yu. Savon

Keyword(s):

Steel Industry ◽

Low Cost ◽

Metallurgical Industry ◽

Iron And Steel Industry ◽

Consumer Market ◽

Iron And Steel ◽

Best Available Technologies ◽

Investment Projects ◽

Labour Costs ◽

The World

The article presents detailed analysis of iron and steel industrial production, assessment of the present state of labour costs in metallurgical companies with increase in production, and revealing the reserves emerging under the influence of expected and unexpected factors of the metallurgy consumer market. The authors assume that in the current circumstances it becomes especially significant to strengthen the position of a low-cost manufacturer in the world metallurgical industry by means of rapid introduction of best world’s practices and best available technologies, highly effective IT-based investment projects.

Download Full-text

Low-Carbon Development for the Iron and Steel Industry in China and the World: Status Quo, Future Vision, and Key Actions

Sustainability ◽

10.3390/su132212548 ◽

2021 ◽

Vol 13 (22) ◽

pp. 12548

Author(s):

Yuancheng Lin ◽

Honghua Yang ◽

Linwei Ma ◽

Zheng Li ◽

Weidou Ni

Keyword(s):

Steel Industry ◽

Status Quo ◽

Iron And Steel Industry ◽

Low Carbon ◽

Comprehensive Review ◽

Iron And Steel ◽

Technology Roadmap ◽

The World ◽

Low Carbon Development ◽

Future Vision

The low-carbon development of China’s iron and steel industry (ISI) is important but challenging work for the attainment of China’s carbon neutrality by 2060. However, most previous studies related to the low-carbon development of China’s ISI are fragmented from different views such as production-side mitigation, demand-side mitigation, or mitigation technologies. Additionally, there is still a lack of a comprehensive overview of the long-term pathway to the low-carbon development of China’s ISI. To respond to this gap and to contribute to better guide policymaking in China, this paper conducted a timely and comprehensive review following the technology roadmap framework covering the status quo, future vision, and key actions of the low-carbon development of the world and China’s ISI. First, this paper provides an overview of the technology roadmap of low-carbon development around the main steel production countries in the world. Second, the potential for key decarbonization actions available for China’s ISI are evaluated in detail. Third, policy and research recommendations are put forward for the future low-carbon development of China’s ISI. Through this comprehensive review, four key actions can be applied to the low-carbon development of China’s ISI: improving energy efficiency, shifting to Scrap/EAF route, promoting material efficiency strategy, and deploying radical innovation technologies.

Download Full-text