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This is the first of two volumes containing the proceedings of the 1996 international conference: 'The steel industry in the new millennium: innovation, strategy and markets'. This volume is divided into four main sections, the first two correspond to the Conference's Working Group II on 'Technological Innovation', while the third contains the papers delivered during Working Group III, on the 'The Market for Steel'. The last section contains the final speech by Father William Hogan, written very much from the perspective of demand, whereas the introductory paper by Marcus looks at the steel market, mainly from the technological angle. This volume brings together papers by leading academics, steel executives and consultants, and business leaders from all the main steel producing countries. It reviews the prospects of demand and the new technologies that are re-shaping production patterns across the world.
Originally published in 1989. The international steel industry suffered a major decline after the onset of world recession in 1973, perhaps suffering more plant closures and job losses than any other sector. This book analyses the decline, surveying the various factors which have contributed to it, such as changing production strategies, changes in demand and world trade and changing regional production trends. It goes on to examine the impact of decline on steel-making communities, considering the various local, national and international initiatives to assist the affected areas and the way these initiatives have been devised and implemented. The authors conclude that none of these policies has satisfactorily resolved the crisis in the old steel producing areas and that a major crisis in these areas continues. Finally they discuss the social and political options open to these localities for the future.
China currently produces more crude steel than any other country in the world. This book, by an internationally acknowledged expert on the world steel industry, covers all aspects of the steel industry in China. It begins with an outline of the existing steel plants and smaller mills and describes four major mergers in the industry, which indicate a trend toward the consolidation of smaller plants into larger integrated units. Hogan analyzes the major steel markets--including the automotive industry, shipbuilding, appliances, railroads, construction, containers, and oil and gas--in terms of their recent growth, and examines China's raw-materials output. He presents new technologies being developed and used, and discusses the future of the Chinese steel industry. Hogan successfully argues, using historical and current data (much of it difficult to obtain), that one of the centers of recent Chinese industrial strength is its steel industry, which should be watched carefully. Steel industry analysts and scholars of global industry and economics will find this book invaluable.
'Chinese economic reform and opening to the international economy since the late 1970s have changed the country and the world. The developments in the steel industry through the reform period are central to those changes, illuminative of them, and of immense significance in themselves. This book throws new light on these historic changes for Chinese and foreign readers alike.' - From the foreword by Ross Garnaut, University of Melbourne, Australia
Steel companies were at the birth of the modern business corporation. The first billion dollar corporation ever formed was U.S. Steel in 1901. By the mid-twentieth century the steel mill and the automobile plant were the two pillars upon which the twentieth century industrial economy rested. Given the scale of capital and operations, vertical integration was seen to be pivotal, from the raw materials of iron ore and coal on one end of the supply chain to the myriad of finished products on the other. By the end of the twentieth century, however, things had dramatically changed. Take a look inside for a brilliant and concise history of the steel industry. The author has put together a true pre...
This book provides a broad investigation of various issues in East Asia’s steel industry since the 1980s, including international specialization and trade relations, the sustainable use of resources, technological innovations, and environmental mitigation, alongside a consideration of the rapid growth in Chinese steel industry. Using macro and firm-level data, and case studies based on field research to discuss issues concerning the steel industry in East Asia. In search of an easy understanding, we try to simplify complicated economic models and statistical analyses, and concentrate on policy implications based as much as possible on the results of empirical analyses. We believe that this book will be of interest to policymakers, economists, practitioners and advocates of sustainability.
This book explores the principles of supply-side structural reform and current practices in the Chinese steel industry. Focusing on the general requirements for high-quality development, it reviews the evolution of the global and Chinese steel industries with regard to reduction, innovation, and transformation. It also summarizes industrial development law from a transfer route perspective, analyzes major challenges and opportunities for the steel industry in the new era, and proposes strategic orientation and implementation measures for the future development of the steel industry. The book contends that high-quality development of the steel industry must be driven by innovation, and it is ...
Steel companies were at the birth of the modern business corporation. The first billion dollar corporation ever formed was U.S. Steel in 1901. By the mid-twentieth century the steel mill and the automobile plant were the two pillars upon which the twentieth century industrial economy rested. Given the scale of capital and operations, vertical integration was seen to be pivotal, from the raw materials of iron ore and coal on one end of the supply chain to the myriad of finished products on the other. By the end of the twentieth century, however, things had dramatically changed. Take a look inside for a brilliant and concise history of the steel industry. The author presents a comprehensive ac...
Northeast Asian steel industries have developed global production networks, but by spanning multiple national spaces, these networks unite many national economies while belonging exclusively to none. Who, therefore, is in control? Jeffrey D. Wilson examines how states and firms coordinate their activities to govern global production.