3. Economic aspects
For such plants, the economic aspects are naturally subdivided into four headings which concern, respectively :
staffing requirements and costs;
transaction costs ;
investments ;
and, in conclusion, the competitiveness of these large integrated plants.
3.1 The staff
This is one of the reasons why large integrated factories have undergone the greatest transformation in recent years: they used to have a reputation for being labor-intensive, and this was one of the characteristics of the great "Soviet combinats" or similar complexes in the "Third World" in particular. The explanation lies in two quite...
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Economic aspects
Environmental impact of integrated steel mills
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