IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-662-43871-8_241.html
   My bibliography  Save this book chapter

Combined Forecast of China’s Steel Demand

In: Liss 2014

Author

Listed:
  • Yuyan Weng

    (Tsinghua University)

  • Li Zhou

    (Tsinghua University)

  • Sheng Zhou

    (Tsinghua University)

  • Tianyu Qi

    (Tsinghua University)

Abstract

This research conducts an error analysis between forecasting value and actual value of steel demand in China both in 2010, which is based on the analysis of forecasting methods and their results of Chinese steel demand in the existing studies, and then forecasts China’s steel demand in 2015 by making use of a combined forecasting method. The combined forecasting method includes two stages. In the first stage, with reference to actual steel demand of China in 2010, a threshold is set and some forecasting results are selected according to the error between forecasting value and actual value of steel demand of each method. In the second stage, weights of combined forecast of corresponding selected methods are determined which are based on the error. And the final demand of China’s steel in 2015 is forecasted through combined forecasting method.

Suggested Citation

  • Yuyan Weng & Li Zhou & Sheng Zhou & Tianyu Qi, 2015. "Combined Forecast of China’s Steel Demand," Springer Books, in: Zhenji Zhang & Zuojun Max Shen & Juliang Zhang & Runtong Zhang (ed.), Liss 2014, edition 127, pages 1673-1678, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-43871-8_241
    DOI: 10.1007/978-3-662-43871-8_241
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-662-43871-8_241. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.