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This book provides a basic guide to the iron and steel industry in a single convenient reference source. The origins of steel and its manufacture are explained first, with a basic outline of the principal steel grades. The author then goes on to look at production and consumption and its commercial significance. He also analyses the global trade in steel and shows its importance to the metals industry as alloying elements and coatings. The final section considers the future for steel, the changing trade patterns, environmental issues and the threat of substitutes to the industry.
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.
This book provides a basic guide to the iron and steel industry in a single convenient reference source. The origins of steel and its manufacture are explained first, with a basic outline of the principal steel grades. The author then goes on to look at production and consumption and its commercial significance. He also analyses the global trade in steel and shows its importance to the metals industry as alloying elements and coatings. The final section considers the future for steel, the changing trade patterns, environmental issues and the threat of substitutes to the industry.

Steel

United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade

Published: 1978

Total Pages: 32


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There can be few industries which have generated as much political controversy as the world steel industry. Since 1968 the trade policies of both the US and the EEC have created a vicious circle of protectionism and delayed adjustment in their steel industries. In particular, protectionist policies by one government have tended to lead directly to rebound protectionist policies by the other. This book, first published in 1986, begins by tracing the historical roots of steel protectionism and describes the changing competitive structure of the world steel market which has led to increased government involvement in the traditional steel-making countries as they became vulnerable to imports from the newly industrialised countries. The most distinctive feature of the book is its economic analysis of a policy crisis; a crisis whose inner dynamics work against a viable solution.