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Economics and finances
ArticleName Iron and steel industry: the conflict between international development and regional responsibility
ArticleAuthor H. J. Kerkhoff
ArticleAuthorData

Steel Institute VDEh (Düsseldorf, Germany):

Kerkhoff H. J., President and Chairman, E-mail: redaktion@stahleisen.de

Abstract

Economical development in the modern globalized world becomes the more complicated and mutual connected than ever before. Geopolitical factors have very strong effect on regional economical structures and local enterprises included in the chain of creation of added value. It means that even successful business model of such industrial chain in Germany (always being oriented on open and free markets) meets the most serious conflict between international development and regional responsibility. The article analyzes global steel production and export for separate countries, trade protection tools from unfair import, current challenges for the German metallurgy and obstacles for investments in power engineering efficiency rise, problems of carbon dioxide emissions in general and in particular for different countries and other actual themes.

keywords Iron and steel industry, Germany, European Union, markets, production, demand, export, steel, investments, prospects, power engineering
Language of full-text russian
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