Browsing Category
Iron and Steel
26 posts
Turning point; Future development of steel industry influencing hydrogen market
Considering the trend of decarbonization of economic activities in the world, expanding use of green hydrogen instead of other carbon-based reducing agents in production of sponge iron is followed as a strategy for decarbonization of steel industry. Statistics show that about 5 million and 300 thousand tons of hydrogen are consumed in steel industry every…
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A new stream; Future directions of investment flow in steel and aluminum industry
The role that mining industries play in supply chains has made investment in this field of particular importance. In the meantime, in steel and aluminum industries, due to volume of production and wide range of demand, several projects have been implemented during the past years with tens of billions of dollars in capital expenditures. In…
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Production based on advantages; Leading role of the USA in mineral and metal industry market
The United States of America has appeared in development of some relatively powerful mineral industries, among which the steel industry can be mentioned. Since the beginning of the formation of steel industry in the United States of America, the amount of steel production in this country has gone through a steep path and has now…
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At the global level; Potentials and performance of mining sector in the USA
Exploration and mining activities in the United States of America turned to be more industrialized almost from 19th century onwards and have been followed on a large scale until today. Currently, this country is among the world leaders in terms of having some mineral reserves as well as mineral products. According to the presented statistics,…
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A strategic role; Reviewing the conditions of iron and steel industry in Spain
Iron and steel have been used in different parts of society for a long time. However, the expansion of use of machinery and industrial equipment in the last few decades has greatly increased the need for iron and steel and has caused many countries to be on the path of developing iron and steel industries.…
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Competitive advantage; Approaches and evolutions of steel industry in Netherlands
Iron and steel industries are among the most important economic activities in the world. Formation of foundations of iron and steel industries in Netherlands goes back to the early years of the 20th century. Currently, steel industry in Netherlands includes a plant based on oxygen-based technology with a production capacity of 3.6 million tons of…
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Multiple effects; The influence of economic conflicts on steel industry and market
Economic warfare are among the most important events that have severely affected global supply chains in the past decades. In the meantime, the steel industry and market have not suffered from economic conflicts and have shown relatively similar behavior at different times. The economic sanctions against Russia in 2015 and 2016 had a significant negative…
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The process of development and production of mineral and metal industries in Canada
The role that mining industries play in the progress and economic development of societies is not hidden from anyone. Based on this, countries have always made the strengthening of all aspects of mining industries one of the axes of their plans. Canada is one of the most prominent countries in the world in the field…
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In the light of megatrends; Growth prospects of the world steel industry
Steel is one of the most strategic materials in the economy, and it is expected that the production and consumption of steel on a global scale will be more or less booming in the coming years. The demand and consumption of steel will be mainly driven by the increase in population and the proportion of…
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Steel industry in the light of circular economy concept
“Circular economy” is a concept that has been formed in order to create environmental-economic sustainability. This concept emphasizes the organization of current economic activities in order to preserve reserves and natural resources in the long term for future generations, in a way that does not create a disturbance in the existing situation. The concept of…
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