Home >  Term: steel intensity
steel intensity

The amount of steel used per unit of gross domestic product. Intensity reflects the secular demand for steel, as opposed to cyclical demand. The amount of steel used in vehicles and the popularity of alternative materials affect the intensity, or how much steel is needed per unit produced. The state of the economy, however, determines the number of units.

0 0

Looja

  • Shugane
  •  (Bronze) 292 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.