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1 2020

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Analysis of steel production and steel use in the national economy

Gajdzik Bożena

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

2020

z. 143

71--82

Purpose: The publication contains an analysis of steel production and consumption of steel in the national economy in the period from 2000 to 2018. Design/methodology/approach: The analysis is divided into three parts of the realized research. The first part is about trends of steel production; the second analysis is about average steel consumption; while the last part is about the influence of the volume of steel imports on the level of domestic consumption of steel. Assessed quantities of steel production and steel consumption are compared with basic macroeconomic indicators in Poland. Findings: The average annual dynamics of basic macroeconomic indicators in Poland from 2000 to 2018 were as follows: the largest decrease in the amount of steel produced and consumed in Poland was recorded in 2009, this was due to the effects of the global economic crisis; the average annual volume of steel production in Poland in the period from 2000 to 2018 was 9 million tonnes, in the same period, the average annual steel consumption in Poland was nearly 8.5 million tonnes, and the average annual steel import to Poland was 334 thousand tonnes; the average annual dynamics of the volume (quantity) of steel production in Poland in the period was almost +2% and was lower than the average annual dynamics of the amount of steel consumed in Poland by 0.2%; the average forecast of steel consumption in Poland in period from 2019 to 2023 will be 11.2 million tonnes. Originality/value: The result of the analysis can be used by market experts or managers to plan production in their enterprises.