Changes in worldwide demand for metals (final). Open File report
Technical Report
·
OSTI ID:6977531
Worldwide demand for metals was analyzed to identify the important factors that explain differences in the level of demand among world countries. The per capita demand for steel, aluminum, copper, and total nonferrous metals was investigated for 40 to 50 countries over a 22-year period. These countries have been further grouped into four world regions for purposes of making generalizations about the importance of these factors for countries in different stages of development and with dissimilar levels of per capita gross domestic product (GDP). Intercountry and intertemporal differences are explained largely by differences in per capita GDP and changes over time in per capita GDP, oil real prices, and to a lesser extent, metal real prices. The trend in world consumption is dramatically different in the last decade than the previous one. In 1962-73, per capita consumption increased in all areas and consumption intensity (consumption divided by (GDP) increased in most areas). In 1973-84, per capita consumption fell in most areas and intensity fell dramatically, except in developing nations.
- Research Organization:
- Faucett (Jack) Associates, Bethesda, MD (USA)
- OSTI ID:
- 6977531
- Report Number(s):
- PB-87-119012/XAB; JACKFAU-328-86
- Country of Publication:
- United States
- Language:
- English
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