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Books > Business & Economics > Industry & industrial studies > Construction & heavy industry > Iron, steel & metals industries
This book provides a broad investigation of various issues in East Asia's steel industry since the 1980s, including international specialization and trade relations, the sustainable use of resources, technological innovations, and environmental mitigation, alongside a consideration of the rapid growth in Chinese steel industry. Using macro and firm-level data, and case studies based on field research to discuss issues concerning the steel industry in East Asia. In search of an easy understanding, we try to simplify complicated economic models and statistical analyses, and concentrate on policy implications based as much as possible on the results of empirical analyses. We believe that this book will be of interest to policymakers, economists, practitioners and advocates of sustainability.
This book explores the principles of supply-side structural reform and current practices in the Chinese steel industry. Focusing on the general requirements for high-quality development, it reviews the evolution of the global and Chinese steel industries with regard to reduction, innovation, and transformation. It also summarizes industrial development law from a transfer route perspective, analyzes major challenges and opportunities for the steel industry in the new era, and proposes strategic orientation and implementation measures for the future development of the steel industry. The book contends that high-quality development of the steel industry must be driven by innovation, and it is essential to promote integrated development based on several aspects - greenness, coordination, quality, standardization, differentiation, service, intelligence, diversification, and internationalization - in order to reshape the industrial value chain and continuously improve industrial competitiveness. This concept is essential to help Chinese steel companies prepare development plans for transformation and upgrading. Combining thorough analysis, unique insights, and many practical cases, the book offers a guide to and inspiration for future implementation approaches.
This monograph aims to analyze the economic and business history of colonial India from a corporate perspective by clarifying the historical role of institutional developments based on archival evidence of a representative enterprise. The perspective is distinctively unique in that it highlights the salience of corporate-level institutional responses to explain the causes of colonial India's industrial growth, in addition to two renowned perspectives focusing on government economic policy or factor endowment. One of the driving forces of India's high growth rate since the 1980s is the expansion of modern business corporations whose origins date back to the colonial era in the mid-nineteenth century. This monograph explores the historical foundation of the growth of such corporations in colonial India, guided by a substantial collection of documents of Tata Iron and Steel Company, whose rich records have not received the due attention they have long deserved. As clarified by numerous economic and business historians of leading industrialized countries since the works of Douglass North and Alfred Chandler, this study as well proposes that the development of modern business corporations in colonial India was broadly supported by the reciprocal evolution of economic institutions and corporate organizations. Adding a new perspective to the business and economic history of colonial India, the analysis also provides an important case study of the development of corporate business in the non-Western world to the study of global business history.
Volta Redonda is a Brazilian steel town founded in the 1940s by dictator Getulio Vargas on an ex-coffee valley as a powerful symbol of Brazilian modernization. The city's economy, and consequently its citizen's lives, revolves around the Companha Siderurgica Nacional (CSN), the biggest industrial complex in Latin America. Although the glory days of the CSN have long passed, the company still controls life in Volta Redonda today, creating as much dispossession as wealth for the community. Brazilian Steel Town tells the story of the people tied to this ailing giant - of their fears, hopes, and everyday struggles.
This book uncovers a historical dependency on smelting activities that has trapped inhabitants of La Oroya, Peru, in a context of systemic lack of freedom. La Oroya has been named one of the most polluted places on the planet by the US Blacksmith Institute. Residents face the dilemma of whether to defend their health or to preserve job stability at the local smelter, the main source of toxic pollution in town. Valencia unpacks this paradoxical human rights trade-off. This context, shaped by social, historical, political, and economic factors, increases people's vulnerabilities and decreases their ability to choose, resulting in residents' trading off their right to health in order to work. This book shows the deep connection of this local dilemma to the country's national paradox, arising out of Peru's vision of natural resource extraction as the main path to secure economic growth for the entire country at the expense of some groups.
Formed in 1901 by U.S. Steel Corporation, the Pittsburgh Steamship Company became the largest commercial fleet in the world and assumed a dominant role in Great Lakes shipping and the American steel industry. Tin Stackers tells its story: the ships, the men who sailed them, and the conditions that shaped their times. Drawing on company records and interviews with officials and sailors, Miller tells how the fleet kept organized labor off Great Lakes ships while leading the way in efficient operation, technological advancement, and employee safety. He emphasizes the human element in the company's history by relating the personal challenges faced by crews, and includes many archival photographs. Now navigating the waters of the lakes as the USS Great Lakes Fleet, Inc., these ships continue to play a part in commerce. Tin Stackers preserves their role in industrial history.
This study of a specific industry's survival and growth in three countries is a useful resource for research on industrial development in 19th century Europe. Presenting the history of three major cutlery districts in Western Europe during the 19th century - Sheffield in England, Bergische land (Solingen and Remscheid) in Germany, and Eskilstuna in Sweden - the author focuses on each region's industrial development in relation to its socio-cultural context. This work challenges the flexible specialisation thesis often used to explain the seeming persistence of small-scale and decentralised production within the cutlery industry since the 19th century, and argues that growing businesses had to develop competitive strategies for control over important resources.
Drawing upon case studies of firms in the steel industry, authors show that companies competing internationally can pool their strengths to offset their individual weaknesses, enabling them to build economically successful entities more easily than if each company tried to go it alone in competition with rivals. In doing so they show how the world steel industry emerged into a group of international joint ventures and how in each of these transnational marriages the whole became greater than the sum of its parts. Among the authors' main points are: cultural conflicts are minimized by economic success but magnified by failure; expertise and commitment can overcome national differences, and even failing international joint ventures can be rehabilitated. Important reading for professionals in all areas of international business and for their colleagues in the academic community. Included in each case study is a history of the firms and the emerging joint venture. Authors described the condition of facilities, the rehabilitation and construction of new facilities, the financial relationships between firms and the sources of funding, and their corporate structures. Cultural differences between firms and their impact on the success of the relationship are examined closely, with particular emphasis on personnel selection, training supervision, labor relations, retention and promotion policies and policies on tenure and layoff. Authors look at labor productivity and the use of participative management and other team approaches, relating them to such measurable variables as product quality, corporate profitability, and indeed the ultimate survival of each newly created firm. From there the authors show how the experiences of the steel industry and the lessons learned from its transnational alliances can be applied to other industries and to their own joint ventures.
For the business and government relationship in Japan, the pre-war period was an era of considerable change. Framed by Japan's nation-building efforts, the relationship adapted and evolved with the often fluid economic and political circumstances. As both business and government had vested interests in the direction and success of Japan's industrialization process, on one level they became partners. At the same time, though, they were both stakeholders in the fiercely competitive iron and steel industry. This book explores how that partner-competitor relationship worked during the amalgamation of this strategic industry from 1916 to 1934, demonstrating how both parties engaged in meaningful negotiation through the open forum of the Shingikai - or Councils of Deliberation - throughout the pre-war period. Drawing upon the original minutes of the debates, it shows the ways in which the participants defended their vested interests and sought to forge agreement, taking the forum seriously as a means of influencing outcomes, and not simply as a mere exercise of artifice deployed to shroud the real locus of decision-making. Business-Government Relations in Prewar Japan is an important contribution to the literature on the relationship between government and business in pre-war Japan.
This book was first published in 1967. This volume explores the history of the British iron and steel industry from 1760, tracking its development, relationship with the British economy, regional hubs, technological developments and the final triumph of steel over iron.
The knowledge and use of metals has played an important role in the evolution of many African cultures. This bibliography brings together, in one volume, publications on the origins, spread, mining, smelting, smithing, use, functions, aesthetics, significance, and impact of various metals and their alloys on African cultures. Covering African metallurgy from the African Iron Age to the present, this guide is a useful reference tool for archaeology, anthropology, ethnology, history, art, and religion. Arranged geographically by country, the volume is fully annotated and includes both printed and electronic sources.
Resource interdependence has driven economic integration in the Asia-Pacific. Through trade and investment ties, Northeast Asian steel industries have developed global production networks with mining industries on the Pacific Rim for the supply of steelmaking raw materials. But by spanning multiple national spaces, these production networks unite many national economies while belonging exclusively to none. Who, therefore, is in control? Jeffrey D. Wilson examines how states and firms coordinate their activities to govern global production in the Asia-Pacific steel industry.
'...a tightly argued and excellent book.' - William D. Wray, Journal of Japanese Studies;How did Japan, despite her lack of natural resources, become the world's leading iron and steel producing country? This book examines how the collaboration between government and industry created this economic miracle.
This practical reference/text provides a thorough overview of cost estimating as applied to various manufacturing industries, with special emphasis on metal manufacturing concerns. It presents examples and study problems illustrating potential applications and the techniques involved in estimating costs.;Containing both US and metric units for easy conversion of world-wide manufacturing data, Estimating and Costing for the Metal Manufacturing Industries: outlines professional societies and publications dealing with cost estimating and cost analysis; details the four basic metalworking processes - machining, casting, forming, and joining; reveals five techniques for capital cost estimating, including the new AACE International's Recommended Practice 16R-90 and the new knowledge and experience method; discusses the effect of scrap rates and operation costs upon unit costs; offers four formula methods for conceptual cost estimating and examines material-design-cost relationships; describes cost indexes, cost capacity factors, multiple-improvement curves, and facility cost estimation techniques; offers a generalized metal cutting economics model for comparison with traditional economic models; and more.;Estimating and Costing for the Metal Manufacturing Industries serves as an on-the-job, single-source reference for cost, manufacturing, and industrial engineers and as a text for upper-level undergraduate, graduate, and postgraduate students in cost estimating, engineering economics, and production operations courses.;A Solutions manual to the end-of-chapter problems is available free of charge to instructors only. Requests for the manual must be made on official school stationery.
First Published in 1968. Routledge is an imprint of Taylor & Francis, an informa company.
Provides theories and principles of ironmaking and a novel ironmaking technology. Includes laboratory experiments to establish the kinetic feasibility of flash ironmaking. Covers the design and operation of a prototype flash reactor as well as the design of industrial-size flash ironmaking reactors. Describes various cases of flow sheet development, which forms the basis for process analysis and simulation Presents economic analysis case studies.
The basic theory of sheet metal forming in the automotive,
appliance and aircraft industries is given. This fills a gap
between the descriptive treatments in most manufacturing texts and
the advanced numerical methods used in computer-aided-design
systems.
The globally spreading privatisation wave that occurred in the 1990s deeply changed the structure of economic institutions worldwide. This turmoil overturned not only economic institutions, but shared cultural and societal institutions as well. This book is the result of an investigation into the history of the privatisation of the steel industry in Italy, completed between 1994 and 1995. It explores the history of the Italian steel industry by looking at the interplay of local intertwined interests, political relations, and ideological formations that characterised an idiosyncratic hegemonic historical bloc. Rather than stigmatising this pattern as the legacy of a dysfunctional provincialism, the authors mobilise Gramsci's theory of hegemony to explain how the Italian privatisation process unfolded to accommodate economic pressures, political interests, and ideological constraints of a hegemonic social group, or aggregation of social groups. Thus, in reconstructing the privatisation of Italian steel, this book proposes a hegemony theory of privatisation and, more generally, describes a model that explains how political and cultural dynamics give rise to idiosyncratic local variations in globally spreading policies. It will be of interest to researchers, academics, and students in the fields of business history, economics, sociology, and political science.
Metals Trading Handbook, by Paddy Crabbe, offers an invaluable
training manual and reference source for anyone working within the
non ferrous metals industry or trading on the London Metal
Exchange. At the core of its thorough analysis lies the principle
that simple explanation and minimal jargon are invaluable to the
practitioner.
This book provides a basic guide to the iron and steel industry in a single convenient reference source. The origins of steel and its manufacture are explained first, with a basic outline of the principal steel grades. The author then goes on to look at production and consumption and its commercial significance. He also analyses the global trade in steel and shows its importance to the metals industry as alloying elements and coatings. The final section considers the future for steel, the changing trade patterns, environmental issues and the threat of substitutes to the industry.
Discusses the method to grow not only graphene over Cu but also allows the reader to know how to optimize graphene growth, using statistical design of experiments, on Cu interconnects in order to obtain good-quality and reliable interconnects Provides the basic understanding of graphene-Cu interaction mechanism Introduces a novel graphene growth process and graphene-assisted electroless copper plating
China today produces nearly half of the world's steel and is the world's largest importer of iron ore. Steel has been a central part of China's rapid growth story, but it is also a source of many problems that range from the Chinese industry s environmental impact to the problems associated with the continued dominance the sector's state owned enterprises. This book of chapters edited by Ligang Song and Haimin Liu is a major and comprehensive contribution to this important topic.' - Dwight Perkins, Harvard University, Department of Economics, US'Chinese economic reform and opening to the international economy since the late 1970s have changed the country and the world. The developments in the steel industry through the reform period are central to those changes, illuminative of them, and of immense significance in themselves. This book throws new light on these historic changes for Chinese and foreign readers alike.' - From the foreword by Ross Garnaut, University of Melbourne, Australia This unique and informative book provides a central reference work on the Chinese steel industry and discusses China s increasing demand on metals from both macroeconomic and regional perspectives. It includes macroeconomic studies of developments in Chinese resource demand with particular reference to the ferrous metals and microeconomic studies that utilize comprehensive firm-level data to evince new knowledge of both firm and industry performance with respect to their productivity, the technical efficiency, and industrial linkages. The book also discusses trade in steel products and the impact of the restructuring of the industry on the environment. This detailed and analytical study will appeal to academics, students and researchers in Chinese studies, government agencies and private sectors - such as the mining industry, as well as financial agencies analyzing the Chinese demand on global resources. Contributors include: G. Dai, J. Golley, H. Liu, H. McKay, Y. Sheng, L. Song, Y. Zheng
This book covers all aspects and elements of rolling technology in one volume with even the most technical jargon being communicated in an easy to understand language. The book is exhaustive as topics ranging from rolls, rolls cooling, roll turning, roll reclamation, investigation of roll breakage, roll management and roll bearing all have been dealt in detail as these constitute the most important element of production cost. A separate chapter has been dedicated to operational management of a rolling mill, which includes safety and inventory. Packaging of the finished products and modern operating mill practices and technologies are also discussed in detail. This book will be a useful tool for shop floor personnel and for all senior management operating in the rolling mill industry; it is also a must read for all polytechnic / engineering students of metallurgical / mechanical / process engineering. This book may also be useful as reference book for students/professionals of rolling technology. Note: T&F does not sell or distribute the Hardback in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.
Originally published in 1989 this study examines some new facets in the development of the iron industry in the USA between 1839 and 1921 through the study of an individaul form, namely the Thoms Iron Company, one of the leading merchant furnace companies. It charts the end of the anthracite iron age and the changes which brought about the advent of open-hearth steel and integrated steel works. The book discusses the problems the managers of the firm faced with the appearance of industrial innovations which tended to undermine their firm's very existence and provided a new set of optimal conditions necessary for the survival of the firm. It provides a clear understanding of the destructive forces of industrial innovation and the place of creative entrepreneurship in the survival of the firm.
This is a detailed account of the British and German steel industries' performances during three decades that were marked by radical changes in technology, in sources of raw materials and in product markets. Relying on governmental and corporate archives as well as on the contemporary trade literature, Professor Wengenroth has drawn a meticulous picture of how managements in the two countries met strategic problems raised by these changes. The author does not however, merely trace technological developments; rather he uses them as a backdrop for a contribution to the long-running debate on Britain's relative industrial decline in the late nineteenth century. Was this the result of massive entrepreneurial failure or was it merely the by-product of evolutionary changes that bestowed automatic competitive advantage on latecomers such as the Germans? The author argues a detailed case for the latter scenario and, in doing so, makes a major contribution to the debate on the 'Great Depression'. |
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