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Changes in worldwide demand for metals.
Faucett JG; Chmelynski HJ
Washington, DC: U.S. Department of the Interior, Bureau of Mines, 1986 Aug; :1-179
Worldwide demand for metals has been 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 has been 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.
Metals; Demand-economics; Materials-sciences; Iron-and-iron-alloys; Nonferrous-metals-and-alloys; Business-and-economics; International-commerce-marketing-and-economics
CP; Final Contract Report
NTIS Accession No.
Washington, DC: U.S. Department of the Interior, Bureau of Mines
Jack Faucett Associates, Bethesda, Maryland
Page last reviewed: November 19, 2021
Content source: National Institute for Occupational Safety and Health Education and Information Division