Evaluating Indian Steel Industry’s Trade Competitiveness Based on RCA Index

2017 ◽  
Vol 7 (3) ◽  
pp. 445
Author(s):  
Mohammed Pervej ◽  
Neshat Anjum
Keyword(s):  
Steel Industry ◽  
Socioeconomic Development ◽  
Iron And Steel Industry ◽  
Crude Steel ◽  
Iron And Steel ◽  
The People ◽  
Production And Consumption ◽  
The World ◽  
Trade Competitiveness ◽  
Balassa Index

<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>

Plant Size and Efficiency in the Steel Industry: an International Comparison

1982 ◽  
Vol 100 ◽  
pp. 65-76 ◽  
Author(s):  
Jonathan Aylen
Keyword(s):  
Steel Industry ◽  
Industrial Revolution ◽  
Plant Size ◽  
Turn Of The Century ◽  
Basic Material ◽  
Iron And Steel Industry ◽  
Crude Steel ◽  
Westward Expansion ◽  
Iron And Steel ◽  
Made In

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.

scholarly journals Development trends of iron and steel industry in Russia

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.

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

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.

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