Technological Developments in the Iron and Steel Industry—a European View

1974 ◽  
Vol 188 (1) ◽  
pp. 97-108
Author(s):  
J. W. Petrick
Keyword(s):  
Steel Industry ◽  
Raw Materials ◽  
Steel Production ◽  
Iron And Steel Industry ◽  
Cooperative Research ◽  
Iron And Steel ◽  
Current Trends ◽  
Technological Developments ◽  
The Impact ◽  
Economic Considerations

Developments within the European Coal and Steel Community, since it was founded in 1952, are outlined. Particular attention is devoted both to the technical research that has been carried out under the E.C.S.C. cooperative research progamme and to the impact that technological change has had on the industry. An attempt is made to link the advances in technology and production with economic considerations. The lecture will discuss current trends in the availability of raw materials and energy and their influence on steel production. The future prospects of the iron and steel industry within the enlarged European Community are considered and the likely directions of technological advance are discussed.

scholarly journals China's Iron and Steel Industry at the Global Markets Interface: Structural Developments and Industrial Policy Interventions

2013 ◽  
Vol 29 (2) ◽  
pp. 110-142 ◽  
Author(s):  
Peter In Der Heide ◽  
Markus Taube
Keyword(s):  
Industrial Policy ◽  
Steel Industry ◽  
Raw Materials ◽  
Global Markets ◽  
Iron And Steel Industry ◽  
Market Forces ◽  
Global Integration ◽  
Iron And Steel ◽  
Policy Interventions ◽  
Cost Parameters

In recent years the Chinese iron and steel industry has gone through a period of hyper growth, propelling it to the very top of global steel-making. Commanding nearly half of global output and correspondingly utilizing a similar share of inputs and raw materials, China has become the key player in this industry, exerting significant influence on global prices and cost parameters. But just as the rise of China's iron and steel industry was not only driven by market forces but heavily influenced by government intervention in commodity and financial markets, government authorities are also trying to exert influence on the way Chinese steel-makers are acting on the global markets. Balancing market forces and industrial policy strategy at the global markets interface, political decision-makers have worked out an elaborate framework of measures to carve out maximum benefits for domestic enterprises and the economy as a whole. By examining these mechanisms, this article aims to illustrate that sectoral industrial policy in China does not push for expanding exports and investments across the board but carefully and discretionarily promotes global integration in some areas while delaying it in others.

scholarly journals Does Emission Trading Improve Carbon Emission Efficiency of China’s Iron and Steel Industry? An Exploration Using a DEA-SBM and Difference-In-Differences Approach

2021 ◽  
Author(s):  
Xiping Wang ◽  
Sujing Wang
Keyword(s):  
Steel Industry ◽  
Carbon Emission ◽  
Emission Trading ◽  
Energy Structure ◽  
Iron And Steel Industry ◽  
Low Carbon ◽  
Difference In Differences ◽  
Iron And Steel ◽  
Emission Efficiency ◽  
The Impact

Abstract As an effective tool of carbon emission reduction, emission trading has been widely used in many countries. Since 2013, China implemented carbon emission trading in seven provinces and cities, with iron and steel industry included in the first batch of pilot industries. This study attempts to explore the policy effect of emission trading on iron and steel industry in order to provide data and theoretical support for the low-carbon development of iron and steel industry as well as the optimization of carbon market. With panel data of China’s 29 provinces from 2006 to 2017, this study adopted a DEA-SBM model to measure carbon emission efficiency of China’s iron and steel industry (CEI) and a difference-in-differences (DID) method to explore the impact of emission trading on CEI. Moreover, regional heterogeneity and influencing mechanisms were further investigated, respectively. The results indicate that: (1) China's emission trading has a significant and sustained effect on carbon abatement of iron and steel industry, increasing the annual average CEI by 12.6% in pilot provinces. (2) The policy effects are heterogeneous across diverse regions. Higher impacts are found in the western and eastern regions, whereas the central region is not significant. (3) Emission trading improves CEI by stimulating technology innovation, reducing energy intensity, and adjusting energy structure. (4) Economic level and industrial structure are negatively related to CEI, while environmental governance and openness degree have no obvious impacts. Finally, according to the results and conclusions, some specific suggestions are proposed.

Chasing shadows: technology and socioeconomic barriers versus climate targets for iron and steel industry

2018 ◽  
Vol 1 (92) ◽  
pp. 33-40
Author(s):  
V. Shatokha
Keyword(s):  
Climate Change ◽  
Steel Industry ◽  
Climate Change Mitigation ◽  
Global Climate ◽  
Steel Production ◽  
Iron And Steel Industry ◽  
Iron And Steel ◽  
Best Available Technologies ◽  
Steel Sector ◽  
Change Mitigation

Purpose: To analyse the potential of various scenarios for reduction of carbon footprint of iron and steel sector and to reveal plausible pathways for modernisation. Design/methodology/approach: Several scenarios have been developed in order to assess the dynamics and extent of decarbonisation required to meet the global climate change mitigation target. This includes deployment of the best available technologies, increased share of secondary steel production route and deployment of innovative ironmaking technologies with various decarbonisation extent achieved in a variable timeframe. Findings: The window of opportunities to ensure compliance of steel sector development with climate goal still exists though shrinks. Modernisation shall include global deployment of best available technologies, increased share of secondary steel production and rapid deployment of innovative technologies including carbon capture and storage. Delayed modernisation will require much deeper decarbonisation, which will increase the total cost of mitigation. International policies shall be put in place to ensure availability of funding and to assist technology transfer. Short term transition strategies shall be employed as soon as possible for bridging long term climate change mitigation strategies and current state of the iron and steel industry worldwide. Research limitations/implications: Methodology applied takes into account the best available technologies and some novel ironmaking methods with the potential for commercialisation during the next decade; however, it is implied that the radically innovative iron- and steelmaking technologies with near-zero CO2 emissions will not be mature enough to deliver tangible impact on the sector’s carbon footprint before 2050. Practical implications: Obtained results can be helpful for definition of the modernisation strategies (both state-level and corporate) for the iron and steel industry. Originality/value: Dynamics and extent of decarbonisation required to meet global climate change mitigation targets have been revealed and the results can be valuable for assessment of the consistency of sectoral climate strategies with global targets.

Peru Moves onto the Iron and Steel Map of the Western Hemisphere

1959 ◽  
Vol 1 (3) ◽  
pp. 377-386
Author(s):  
C. Langdon White ◽  
Gary Chenkin
Keyword(s):  
Latin American ◽  
Steel Industry ◽  
Raw Materials ◽  
Western Hemisphere ◽  
Iron And Steel Industry ◽  
Heavy Industry ◽  
Iron And Steel ◽  
National Pride ◽  
Steel Mills ◽  
Manufactured Goods

On April 21, 1958, Peru joined Mexico, Brazil, Colombia, and Chile to bring to five the number of Latin American nations possessing integrated steel mills. Whether these countries should engage in heavy industry is beside the point; they are determined to make iron and steel, for they fervently believe that an iron and steel industry is the inevitable harbinger of progress. There is simultaneously a belief that the export of raw materials and the import of manufactured goods implies “colonial” status. Sensitive national pride rebels against the thought that raw materials producers are “hewers of wood and drawers of water” for the industriallyadvanced countires.

scholarly journals A Research on Profitability and Dividend using Arima Model with Reference to Steel Sector

2019 ◽  
Vol 9 (1) ◽  
pp. 3309-3313
Keyword(s):  
Industrial Production ◽  
Steel Industry ◽  
Growth And Development ◽  
Arima Model ◽  
Steel Production ◽  
Domestic Demand ◽  
Iron And Steel Industry ◽  
Iron And Steel ◽  
Steel Sector ◽  
Monetary Control

In India Indian, Iron and Steel Industry plays significantly for the overall growth and development of the country. Based on the budget of Ministry of Steel declares that steel industry contributes 2% of the Indias GDP, and its weight is 6.2% in the Index of Industrial Production(IPP). The sector able to grow by itself globally. In India steel production in one Million Tones in 1947, now its become the world's 2nd largest producer next to China. India's GDP declines 5% in 2019 on account of rising Inflation, GST and strict monetary control. This medium made the domestic demand weeker which grew 3.3% in 2019, Despite the rise in last Quater

scholarly journals Highly efficient CO2capture with simultaneous iron and CaO recycling for the iron and steel industry

2016 ◽  
Vol 18 (14) ◽  
pp. 4022-4031 ◽  
Author(s):  
Sicong Tian ◽  
Jianguo Jiang ◽  
Feng Yan ◽  
Kaimin Li ◽  
Xuejing Chen ◽  
...  
Keyword(s):  
Steel Industry ◽  
Steel Slag ◽  
Steel Production ◽  
Waste Recycling ◽  
Iron And Steel Industry ◽  
Capture Process ◽  
Iron And Steel ◽  
Highly Efficient ◽  
Calcium Looping ◽  
Iron And Steel Production

A highly efficient CO2capture process integrating calcium looping and waste recycling into iron and steel production is proposed, which can also valorize the waste steel slagviaa simultaneous iron and CaO recycling.

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