Data envelopment analysis and steel

What is it about?

This research was published after being presented as a paper at a symposium. The article that served as the source and inspiration for the information presented on this page was originally published under the title. “Veri zarflama analizi ile demir çelik sektörünün etkinliğinin incelenmesi” in “Yönetim Bilimleri Dergisi”, dated 2023, Volume 22(52), pp. 254-281. The content below offers informative and explanatory insights that include personal perspectives on the topic. You are welcome to share your questions, comments and suggestions via the contact channels and academic/social platforms listed in the menus on the right. The author(s) expect proper citation of their original work as a recognition of their scholarly contribution published in peer-reviewed scientific journals. Therefore, please refrain from citing this page and instead cite the original article. Please note that this text serves primarily as an introduction and expression of viewpoints. Thank you for your understanding. Think of it as the Olympics for steel-exporting countries, only with more data and less sweating. This study uses Data Envelopment Analysis (DEA), fancy words for “who’s doing it better?”, to compare how efficiently major countries handle indirect steel exports, all while juggling economic growth, research spending, carbon emissions, and price pressures. By putting countries like China, the U.S., Germany, Korea, and Turkey head-to-head, we look at who's winning the global steel game without wrecking the planet. With a mix of green metrics and hardcore trade numbers, it’s benchmarking; (!) but make it climate-conscious (!). Bottom line: it’s about smart steel, cleaner growth, and learning from the best without melting the Earth.

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Photo by Mike Erskine on Unsplash

Photo by Mike Erskine on Unsplash

Why is it important?

In a world racing to stay both competitive and climate-conscious, the iron and steel industry sits right at the crossroads of progress and pressure. This study dives deep into how 12 major countries balance imports, exports, carbon emissions, and industrial competitiveness, all through the lens of Data Envelopment Analysis (DEA). Why? Because steel isn’t just about factories and furnaces anymore; it’s about strategy, sustainability, and smart economics. Unlike most studies, this one doesn’t ignore imports. It recognizes that for steel; where today's output can be tomorrow’s raw input imports matter just as much as exports. Countries like Germany, South Korea, and Japan stood out for being both efficient and eco-aware, showing that green and growth can go hand in hand. Their secret? Long-term R&D, innovative policies, cleaner production technologies, and strong government support. The results also echo global trends: countries relying heavily on imported raw materials often face higher carbon emissions and lower export competitiveness. And as the EU Green Deal and climate regulations tighten their grip, these trends could shape the future of global trade. So what’s the big deal? This research reminds us that the future of steel isn’t just about producing more; it’s about producing smarter. Countries need to cut waste, boost efficiency, and invest in cleaner, high-value production methods if they want to stay ahead. Ignoring the carbon cost may save money today, but it could mean losing markets tomorrow. Put simply: in the new world of steel, green is the new strong.

Perspectives