KPI- Economic Indicator: Effect on EU/Rest of the World Steel Trade

Abstract

SSSA is involved in the Subproject 9 Scenarios, Sustainability, Dissemination & Training, in particularly in the Work Package 4. This KPI, developed at SSSA, measures the most important effects in the EU/Rest of the World Steel Trade due to the implementation of a new technology: a quantitative approach has been used in order to evaluate the EU raw material dependence from the rest of the world and an approach both qualitative and quantitative has been used in order to calculate the variations in the EU competitiveness. An important consideration in the development of KPIs is the selection of the appropriate measurement categories. The selection is based, first of all, on the quantification of the European dependence through the weight of the non EU supplier countries and through the weight of the most important raw materials in the production process, then on the measurement of the European competitiveness. The article describes the methodology and the algorithms applied in the steel sector. Finally, some results are shown and discussed.