Impact of the economic and financial crisis on the evolving trend of crude steel consumption

Given that the modern world cannot be conceived without the existence of the steel and its use, the crude steel consumption may be considered as an indicator characterizing the economic development of a country. The purpose of this paper is to establish the evolution of the world, regional and state consumption of crude steel, both per total, as well as per inhabitant, but also the impact of the economic and financial crisis it had on the evolving evolution of using the crude steel. Data subject to the study are related to the period 2004 – 2014 and concern nine regions of development and ten countries.