Steel all over the world: Estimating in-use stocks of iron for 200 countries

Stefan Pauliuk, Tao Wang and Daniel B. Müller

Resources, Conservation & Recycling, 2013, vol. 71, issue C, 22-30

Abstract: Industrialization and urbanization in the developing world have boosted steel demand during the recent two decades. Reliable estimates on how much steel is required for high economic development are necessary to better understand the future challenges for employment, resource management, capacity planning, and climate change mitigation within the steel sector. During their use phase, steel-containing products provide service to people, and the size of the in-use stock of steel can serve as an indicator of the total service level. We apply dynamic material flow analysis to estimate in-use stocks of steel in about 200 countries and identify patterns of how stocks evolve over time. Three different models of the steel cycle are applied and a full uncertainty analysis is conducted to obtain reliable stock estimates for the period 1700–2008.

Keywords: Material flow analysis; Steel; In-use stocks; Saturation hypothesis; Materials; Economic development (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (25)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:recore:v:71:y:2013:i:c:p:22-30

DOI: 10.1016/j.resconrec.2012.11.008

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