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Iron and Steel
17 posts
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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A new structure; The effects of climate change policies on the steel market and industry
The steel industry is one of the most polluting industries in the world because it is heavily dependent on the use of coal in its production process. Statistics show that in recent years, an average of 1 billion and 894 million tons of steel has been produced in the world, which has led to the…
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Important role; The path of development of the steel industry in France
Due to having rich resources of iron ore, France was among the first countries to develop its steel industry in time of the industrialization of societies. A review of the amount and method of steel production in France shows that the steel industry in this country has taken a steep path. The amount of steel…
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Scenarios a head of base metals consumption in South Korea
Basically, natural resources do not exist in equal amounts in all parts of the world, and this issue is perhaps the most basic factor that has caused different countries to choose the import option to meet their needs. In today’s modern economy, where international trade plays a decisive role, the need to improve productivity has…
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Development propellant; Building construction industry supply chains
The building construction industry is one of the industries that has a high contribution to the global economy. A review of the presented reports shows that this industry is almost the largest consumer of ferrous and non-ferrous metals, cement and concrete, as well as chemical products, and therefore, directly and indirectly, has a significant impact…
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Powerful stimulus; Interaction between building construction industry and steel industry
Steel is considered one of the most important and strategic commodities in the world. The unique physical characteristics of steel, as well as properties similar to concrete, including the almost identical coefficient of thermal expansion, have made it the most widely used material in the building construction industry. A review of the statistics related to…
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Rising from the ashes; Development process of steel industry in South Korea
South Korea is considered one of the development-oriented countries in the world, which has made the strengthening of the steel industry the basis of its industrial developments. This issue has caused the steel industry of this country to experience unprecedented growth during almost 6 decades. Statistics show that from 1970 to 2022, the average annual…
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Fluctuating market; The impact of inflation on the global steel market
Steel is considered as one of the most strategic commodities that has found wide applications in various sectors of the industry. This issue has tied the global steel market to industrial developments and business cycles. A review of the economics and commodity market literature suggests that the global steel market can be severely affected by…
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The strategic industry; The development process of steel industry in Germany
The steel industry is considered one of the most vital industries in the world, and in today’s era it is referred to as the backbone of the economy. Germany is one of the countries whose steel industry is among the top 10 countries in the world despite the fact that this country does not have…
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The miracle of economic reforms; Development path of Turkiye’s steel industry
Turkiye is one of the few powers in the world steel market that does not have rich iron ore mines. The economic reforms of the 1990s and the signing of an agreement between Turkiye and the European Coal and Steel Association created dramatic changes in the Turkiye’s steel industry. In fact, following these events, Turkiye’s…
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