The global crisis implications on steel production. Romania’s case

Iron and steel industry is an important sector of the real Romanian economy, knowing the fact that, generally, the metallurgy is a very important indicator of internal consumption. The most important companies in this sector are part of international groups (Arcelor Mittal, Mechel, TMK and Tenaris),...

Full description

Bibliographic Details
Main Author: C. Roman
Format: Article
Language:English
Published: Croatian Metallurgical Society 2012-10-01
Series:Metalurgija
Subjects:
Online Access:http://hrcak.srce.hr/file/123405
id doaj-6ded4065c5094604a1bde6d02710bc6e
record_format Article
spelling doaj-6ded4065c5094604a1bde6d02710bc6e2020-11-24T21:34:19ZengCroatian Metallurgical SocietyMetalurgija0543-58461334-25762012-10-01514534536The global crisis implications on steel production. Romania’s caseC. RomanIron and steel industry is an important sector of the real Romanian economy, knowing the fact that, generally, the metallurgy is a very important indicator of internal consumption. The most important companies in this sector are part of international groups (Arcelor Mittal, Mechel, TMK and Tenaris), which ensure an acceptable security standard regarding raw materials acquisitions, sales markets and treasury. However, the global crisis (2008-2010) has shown the Romanian metallurgy’s vulnerability. Steel production has been reduced by almost a half, the global turnover of the Romanian iron and steel sector has dropped by more than 40% and the personnel was also reduced by a fifth.http://hrcak.srce.hr/file/123405metallurgical sectoreconomic recessionsteel productiontechnological investment
collection DOAJ
language English
format Article
sources DOAJ
author C. Roman
spellingShingle C. Roman
The global crisis implications on steel production. Romania’s case
Metalurgija
metallurgical sector
economic recession
steel production
technological investment
author_facet C. Roman
author_sort C. Roman
title The global crisis implications on steel production. Romania’s case
title_short The global crisis implications on steel production. Romania’s case
title_full The global crisis implications on steel production. Romania’s case
title_fullStr The global crisis implications on steel production. Romania’s case
title_full_unstemmed The global crisis implications on steel production. Romania’s case
title_sort global crisis implications on steel production. romania’s case
publisher Croatian Metallurgical Society
series Metalurgija
issn 0543-5846
1334-2576
publishDate 2012-10-01
description Iron and steel industry is an important sector of the real Romanian economy, knowing the fact that, generally, the metallurgy is a very important indicator of internal consumption. The most important companies in this sector are part of international groups (Arcelor Mittal, Mechel, TMK and Tenaris), which ensure an acceptable security standard regarding raw materials acquisitions, sales markets and treasury. However, the global crisis (2008-2010) has shown the Romanian metallurgy’s vulnerability. Steel production has been reduced by almost a half, the global turnover of the Romanian iron and steel sector has dropped by more than 40% and the personnel was also reduced by a fifth.
topic metallurgical sector
economic recession
steel production
technological investment
url http://hrcak.srce.hr/file/123405
work_keys_str_mv AT croman theglobalcrisisimplicationsonsteelproductionromaniascase
AT croman globalcrisisimplicationsonsteelproductionromaniascase
_version_ 1725949953170210816