Market Structure of Crude Steel Industry and India’s Position in the Era of Globalization

2013 ◽  
pp. 307-319
Author(s):  
Tiyas Mallick
Author(s):  
Mohammed Pervej ◽  
Neshat Anjum

<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>


1982 ◽  
Vol 100 ◽  
pp. 65-76 ◽  
Author(s):  
Jonathan Aylen

Steel is the basic material of industrialisation; and also of war. For Britain in the eighteenth century, iron and steel was the cornerstone of the industrial revolution; for Germany, a century later, the steel industry was the foundation of the militarism of Bismarck. Both countries supplied steel rails for America's westward expansion in the third quarter of the nineteenth century, before the emergence of America's own steel industry. Until the 1880s the British iron and steel industry was dominant. By the turn of the century both America and Germany had overtaken Britain as a steel producer. Today Britain has the smallest of the three industries. In 1979, a relatively good year, 21.5 million tonnes of crude steel were made in Britain, compared with 46 million in Germany and 123.3 in America.


2016 ◽  
Vol 4 (4) ◽  
pp. 291-306
Author(s):  
Yanni Xuan ◽  
Qiang Yue

AbstractEconomic development has contributed to the rapid expansion of China's steel industry during the past two decades, which has resulted in numerous problems including increased energy consumption and excessive environmental pollution. This study examines changes in crude steel production, steel scrap consumption, energy consumption, CO2emissions and steel stocks per capita from 2000 to 2014. Scenario analysis based on QGT equation is provided to accurately assess China's steel demand. Under three different scenarios, the peak of steel production and the variation trend of energy consumption, CO2emissions, steel stocks per capita and steel scrap are analyzed from 2010 to 2030. Based on Chinese situation, the most reasonable variation trend of China's steel production is proposed, which will increase from 626.7 Mt in 2010 to approximately 914 Mt in 2020, then gradually decrease to about 870 Mt in 2030. Steel stocks per capita will increase from 3.8 t/cap in 2010 to 8.09 t/cap in 2020 (the inferior limit of completing industrialization), then reach 11.46 t/cap in 2030 and stabilize. The peaks of energy consumption and CO2emissions in steel industry are expected to reach 505.37 Mtce and 1444.1 Mt in 2020, respectively. The scrap ratio is expected to reach 0.36 by 2030, when steel scrap resources will be relatively sufficient. This paper can provide corresponding theoretical basis for the government to make decision-making of macro-control.


2013 ◽  
Vol 2013 ◽  
pp. 1-8 ◽  
Author(s):  
Wenqiang Sun ◽  
Jiuju Cai ◽  
Zhu Ye

The course, technical progresses, and achievements of energy conservation of China steel industry (CSI) during 1980–2010 were summarized. Then, the paper adoptede-pmethod to analyze the variation law and influencing factors of energy consumptions of large- and medium-scale steel plants within different stages. It is pointed out that energy consumption per ton of crude steel has been almost one half lower in these thirty years, with 60% as direct energy conservation owing to the change of process energy consumption and 40% as indirect energy conservation attributed to the adjustment of production structure. Next, the latest research progress of some key common technologies in CSI was introduced. Also, the downtrend of energy consumption per ton of crude steel and the potential energy conservation for CSI during 2011–2025 were forecasted. Finally, it is indicated that the key topic of the next 15 years’ research on the energy conservation of CSI is the synergistic operation of material flow and energy flow. It could be achieved by the comprehensive study on energy flow network optimization, such as production, allocation, utilization, recovery, reuse, and resource, according to the energy quantity, quality, and user demand following the first and second laws of thermodynamics.


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