Schvarzer, Jorge and Papa, Javier (2005): La producción y la capacidad instalada en la industria siderúrgica y del aluminio: Un balance de los cambios empresarios, tecnológicos y de mercado durante las últimas dos décadas. Published in: CESPA - Documento de Trabajo No. 7 (June 2005)
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Abstract
The metal-working and aluminium industries are widely known as basic industries since their supply feed into a number of of other economic activities producing final goods. Additionally, these industries are classified as heavy industries since they require a substantial capital investment per unit of output, well above the required in other economic activities. Besides, they are part of a technological model that is based on economies of scale to operate efficentlly These two characteristics tend to create considerable barriers to entry into the industy which, in turn, may lead to oligopolistics form of market concentration. In this article, we analize in depth the evolving technological characterictisc of these industrial sector and efficiency as well as the impact on the business strategies and market concentration.