The European response to the challenge of the Japanese steel industry (1950–1980)

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Title: The European response to the challenge of the Japanese steel industry (1950–1980)
Authors: Díaz Morlán, Pablo | Sáez-García, Miguel
Research Group/s: Historia Empresarial
Center, Department or Service: Universidad de Alicante. Departamento de Análisis Económico Aplicado
Keywords: European Coal and Steel Community (ECSC) | Japanese innovation | Coastal steelworks | Raw materials | Open Hearth Furnaces (OHF) | Basic Oxygen Furnace (BOF) | Scrap | World steel market | International competitiveness
Knowledge Area: Historia e Instituciones Económicas
Issue Date: 2016
Publisher: Routledge
Citation: Business History. 2016, 58(2): 244-263. doi:10.1080/00076791.2015.1082545
Abstract: Between 1950 and 1980, the European delay with respect to Japan and the relative loss of competitiveness in the integrated steel industry was due to an institutional, geographical and economic logic based largely on historical factors. Europe had a long steel-making history that was closely related to its sources of raw materials. The new technological paradigm turned this former advantage into a clear disadvantage, while the large investments made in the Thomas and open hearth processes and the affordable price of scrap delayed the adoption of the Basic Oxygen Furnace (BOF) until its superiority had been clearly demonstrated. The European steel industry was not at the forefront of the transformation, but merely adapting to the changes, pushed by the threat of a new uncomfortable competitor.
URI: http://hdl.handle.net/10045/53497
ISSN: 0007-6791 (Print) | 1743-7938 (Online)
DOI: 10.1080/00076791.2015.1082545
Language: eng
Type: info:eu-repo/semantics/article
Rights: © 2015 Taylor & Francis
Peer Review: si
Publisher version: http://dx.doi.org/10.1080/00076791.2015.1082545
Appears in Collections:INV - Historia Empresarial - Artículos de Revistas
INV - Historia e Instituciones Económicas - Artículos de Revistas

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