CHANGING PATTERNS IN THE WORLD MARKET FOR IRON ORE
Two recent innovations within the transportation industry have a direct application to the transportation of iron ore. These two innovations are the development of the unitrain within the railroad industry, and the creation of an economic environment encouraging the design and operation of bulk carriers within the maritime industry. An intelligent application of both innovations should significantly reduce the total physical distribution cost of transporting iron ore. Cost relationships between sources of raw material supply will be changed. In the long run adjustments in both the source of raw materials and in the geographical location of iron and steel mills will occur. Under the impact of changing physical distribution costs the structure of the whole iron and steel industry could be radically altered.
- Presented at the SNAME Spring Meeting, Chicago, Ill., May 22-24, 1974.
Society of Naval Architects and Marine Engineers601 Pavonia Avenue
Jersey City, NJ USA 07306-2907
- Sward, J D
- Publication Date: 1974-5
- Features: References;
- Pagination: 19 p.
- TRT Terms: Bulk cargo; Bulk carriers; Costs; Market development; Ore carriers; Transportation
- Uncontrolled Terms: Transportation costs
- Subject Areas: Finance; Transportation (General);
- Accession Number: 00054081
- Record Type: Publication
- Source Agency: Society of Naval Architects and Marine Engineers
- Report/Paper Numbers: Paper No. 2
- Files: TRIS
- Created Date: May 7 1974 12:00AM