Downstream beneficiation: A cross-country analysis of factors underlying the emergence of a steel industry

Nahom Ghebrihiwet and Tidiane Kinda

Resources Policy, 2021, vol. 70, issue C

Abstract: This paper empirically investigates the major factors that have supported the development of steel industries across countries. While technological capacity has become an important enabling factor for steel production in recent years, the demand for steel and the availability of energy (electricity and metallurgical coal imports) have remained key elements over time. In emerging and developing economies, the availability of raw materials, namely the production of iron ore, was also identified as an additional determining factor for steel production. In advanced economies, domestic demand for steel has been an important factor driving steel production. The results are robust to alternative specifications, additional control variables, and the use of various processes for steel production.

Keywords: Steel production; Steel export; Enabling factors; Iron ore; Electricity; Metallurgical coal imports (search for similar items in EconPapers)
JEL-codes: L72 O13 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420720310035
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:70:y:2021:i:c:s0301420720310035

DOI: 10.1016/j.resourpol.2020.101975

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().