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steel intensity
The amount of steel used per unit of gross domestic product. Intensity reflects the secular demand for steel, as opposed to cyclical demand. The amount of steel used in vehicles and the popularity of alternative materials affect the intensity, or how much steel is needed per unit produced. The state of the economy, however, determines the number of units.
- Part of Speech: noun
- Industry/Domain: Metals
- Category: Steel
- Company: Michelle Applebaum Research
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Creator
- Shugane
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