The Belgian Iron and Steel Industry in the International Context
AbstractThis paper provides a survey of the main developments in the iron and steel industry over the last few decades. The first chapter covers the changing conditions on international markets and identifies the main challenges facing the companies in this sector. These include the boom in China, the increasing prices of steel and raw materials, the wave of mergers and acquisitions as well as the implementation of environmental regulations, in particular the Kyoto Protocol. Against the backdrop of the worsening global economic crisis, market conditions for steel are also set to change markedly, at least in the medium term. The second chapter provides an assessment of the Belgian iron and steel sector's economic impact, in terms of direct value added, employment and investment. The chapter also includes an evaluation of the indirect effects of the sector, both upstream and downstream
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Bibliographic InfoPaper provided by National Bank of Belgium in its series Working Paper Document with number 160.
Length: 85 pages
Date of creation: Mar 2009
Date of revision:
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branch survey; iron and steel industry; market structure; indirect effects;
Find related papers by JEL classification:
- L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-03-22 (All new papers)
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