1. World problems
  2. Iron and steel basic industries instability

Iron and steel basic industries instability

Nature

The cost of making steel is so largely fixed that profits disappear quickly when output falls. This produces a temptation to sell at any price. In combination with the world overcapacity for steel production, sales volumes and prices are subject to considerable variations.

Aggravates

Strategy

Value

Stability
Yet to rate
Instability
Yet to rate

Reference

SDG

Sustainable Development Goal #9: Industry, Innovation and Infrastructure

Metadata

Database
World problems
Type
(E) Emanations of other problems
Subject
Content quality
Presentable
 Presentable
Language
English
Last update
Oct 4, 2020