Main Steel Products Steels, applications and production routes : Economic growth, technical progress and trends in steel demand

Economic growth, technical progress and trends in steel demand
Main Steel Products Steels, applications and production routes

Author : Jean-Pierre BIRAT

Review date: September 29, 2021 | Lire en français

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7. Economic growth, technical progress and trends in steel demand

Steel, like other key commodities in today's technological paradigm, has a profound relationship with the economy, its volume measured in GDP and its growth. This approach applies to all materials, but also to energy in its various forms and other elements such as water.

A brief history of the steel industry and industrial development

The history of mankind, going way back into prehistory, is linked to the tools and materials man has made over the ages. Leroi-Gourhan's fine texts provide a subtle analysis of this. . Historians also agreed early on to identify the eras that preceded history by the essential...

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Economic growth, technical progress and trends in steel demand