This paper presents a model that solves the interrelationships between price fluctuations of light non-flat steel products and scrap markets. The model is developed as a linear complementarity programming (LCP) problem, which has been applied to a few other minerals and metals industries. LCP is most useful in capturing markets of scrap and light non-flat products, where price-inelasticities are characteristics on both supply and demand sides. Although...
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DETALHES
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1982/12/01
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Documento de trabalho sobre produtos básicos
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DWC8206
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1
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1
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2010/07/01
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Modelling price fluctuations of iron and steel scrap and scrap-based light non-flat steel products
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iron and steel industry
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