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Competitive systems
1- General features of the market
1.1 The steel value chain
There are different raw materials involved in steelmaking. The materials used depend on the forging process, there are two main types:
1. Oxygen steel making requires Iron ore + Carbon + Electricity
2. Electrical arc process: requires (Recycled) Steel + Electricity
The steel then is processed by seven main consumer groups:
Ordered by % of total steel consumption:
• Construction and public works’ industry (43% of total steel consumption),
• Mechanical construction (22%),
• Automotive industry (19%),
• Oil and gaz industry (5%),
• Packaging industry (4%),
• Shipyards (3%), and
• Railway industry (2%)...
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