Economics and finances
ArticleName
Economical consequences of weakening of the German iron and steel industry
Abstract
Prognos AG company has analyzed the consequences of the EC policy that is unilaterally oriented in the area of climate and energy on the example of the system for trading by emissions rights in Germany. Politically caused deterioration of price competitiveness of the iron and steel industry for itself and for its chains with added value, as well as for economics in general is observed.
keywords
Emissions, certificates, iron and steel industry, added value, expenses, import, competitiveness
References
1. Ecofys (2015): Carbon costs for the steel sector in Europe post-2020.
2. Nera Economic Consulting (2016): Can the steel industry pass through carbon costs without losing market shares?
Language of full-text
russian
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