THE IMPACT OF THE CRISES AND THE STRONG ECONOMIC SLOWDOWN ON THE PRICES OF STEEL PRODUCTS IMPORTED TO AND EXPORTED FROM POLAND

1 GAJDZIK Bożena
Institution:
1 Silesian University of Technology, Gliwice, Poland, EU, bozena.gajdzik@polsl.pl
Conference:
30th Anniversary International Conference on Metallurgy and Materials, Brno, Czech Republic, EU, May 26 - 28, 2021
Proceedings:
Proceedings 30th Anniversary International Conference on Metallurgy and Materials
Pages:
1409-1414
ISBN:
978-80-87294-99-4
ISSN:
2694-9296
Published:
15th September 2021
Proceedings of the conference have already been published in Scopus and we are waiting for evaluation and potential indexing in Web of Science.
Metrics:
364 views / 201 downloads
Abstract

The paper presents the results of the analysis of prices of exported and imported steel products in total in Poland. Changes in prices of steel products were analyzed in the period from 2005 to 2020. The adopted long period of analysis of steel products prices allowed to determine their level in the period before, the first in the century, the world financial crisis of 2008 and after this crisis until 2020, when the COVID-19 crisis started (and is still ongoing). The aim of the study was to answer the question about the impact of the global economic crises (economic downturn, strong economic slowdown in the world) on the level of prices of steel products imported to Poland and exported from Poland. The steel industry in Poland was used as a case.

Keywords: Steel products, prices, imports, exports, crisis

© 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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