IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Primary Raw Materials for Steelmakers: Scrap and Pig Iron

Listed author(s):
  • Cristina Bumbac
Registered author(s):

    Most of the daily steel we so much need is obtained now in electric furnaces, for which the main raw material is scrap. The scrap market is a very sensitive one, depending very much on internal collect, exports and imports, the market of steel and freight. Commerce with scrap is one of the most intense among all the countries of the world and covers all the routes and regions. Every ten years or so importers become exporters and vice versa, due to the period of life of the metallic products. For example, China was for the last 10 years one of the biggest importers (after Turkey, which is number one in importers' hierarchy), but prognoses tell that in 2-3 years China might become self-sufficient due to the investments which began some 20 years ago. USA was one of the largest exporters, but some 3 years ago some analysts advanced the idea that it may become a net importer (it didn't happened, though). The scrap market is not only important, it is also very interesting, with twisted evolutions and volatile prices in some periods.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by Institute for World Economy, Romanian Academy in its journal Revista de Economie Mondiala.

    Volume (Year): 3 (2011)
    Issue (Month): 4 (December)

    in new window

    Handle: RePEc:iem:journl:v:3:y:2011:i:4:id:2822000008752047
    Contact details of provider: Postal:
    Casa Academiei, Calea 13 Septembrie nr.13, sector 5, Bucure┼čti 761172

    Phone: 004 021 4105596
    Fax: 004 021 4105020
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:iem:journl:v:3:y:2011:i:4:id:2822000008752047. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ionela Baltatescu)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.