Developments in Steelmaking Capacity of Non‐Oecd Economies: Two‐Yearly Report
The capacity to produce steel has important implications for conditions in the world steel market. Future levels of steel production, employment, and trade, for example, all reflect current investment in steelmaking facilities. In recent years, most of the growth in the world's steelmaking capacity has occurred in non‐OECD economies to meet the needs of rapid economic development. The expansion has been most pronounced in countries with either high market demand or low costs, including China, India, and Brazil. This report examines the current steelmaking capacity of non‐OECD economies and likely changes therein up to the year 2012, based on the Secretariat's monitoring of investment activity using a number of news sources and other information available in the public domain.
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Document Type: Review Article
Publication date: March 1, 2011