By matching monthly iron ore import prices with steel sales price data, this study examines the impact of abolishing the exclusive license of importing iron ore on cost pass-through in the Chinese steel supply chain. We model intermediaries’ role in alleviating market uncertainties. Contrary...

This paper studies the relationship between firms’ excess capacity and their environmental behavior by matching the environmental data of China’s major iron and steel firms with the Chinese Industrial Enterprises database. The findings are as follows. (1) A firm’s excess capacity leads to...

In the early 1950s, the drive to find a practical solution to European antagonisms led to the construction of the first Common Market at the European scale, between Belgium, France, Germany, Italy, Luxembourg and the Netherlands. At the heart of the Coal and Steel Community, was the idea that...

Steelmaking is one of the two largest industrial contributors to climate change, accounting for 7-9% of global CO2 emissions. To achieve drastic emission reduction in the steel sector, integrating breakthrough low-carbon technologies such as carbon capture and storage (CCS) technology and...

Improving environmental performance of energy- and carbon-intensive sectors represented by iron and steel (IS) is of utmost importance to address the challenges of resource depletion and climate change worldwide. This article adopts a global-super-Epsilon-Based Measure (EBM) model with...

The recent spate of global crises, including Covid-19 pandemic, Russia-Ukraine war and the Sri Lankan crisis, have hindered the economic growth of almost all nations. The prevailing economic downturn has forced many organizations to assess their financial future and the possibility of financial...