SITUATION OF THE STEEL INDUSTRY IN POLAND

1 ROKICKI Tomasz
Co-authors:
1 BARAN Joanna
Institution:
1 Warsaw University of Life Sciences, Warsaw, Poland, EU, tomasz_rokicki@sggw.pl, joanna_baran@sggw.pl
Conference:
24th International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, June 3rd - 5th 2015
Proceedings:
Proceedings 24th International Conference on Metallurgy and Materials
Pages:
2044-2049
ISBN:
978-80-87294-58-1
ISSN:
2694-9296
Published:
12th January 2015
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
350 views / 131 downloads
Abstract

The aim of this article is to present the situation of the steel industry in Poland, and to show the impact of economic conditions on this sector. The study covered the period from 2006 to 2013. The Polish steel industry underwent restructuring and was under strong influence of fluctuations caused by the economic crisis in 2009. The findings of the study indicate that steel production was strongly linked to the economic situation, measured by the rate of changes in the GDP, volume of demand and dynamics of industrial production. The only exception were hot-rolled steel products which did not indicate such a strong link. Employment was also heavily dependent on the economic situation. However, exports and imports of steel products, and the level of their consumption, were independent of the market situation. The only exception to this rule was consumption of long steel products.

Keywords: steel industry, macroeconomic indicators, steel production and consumption

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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