Forecasting substitution behaviour of high corrosion-resistant steel by fitting a technology growth curve
by Kyung-Hee Jung
International Journal of Business and Systems Research (IJBSR), Vol. 3, No. 2, 2009

Abstract: Corrosion protection is one of the main concerns in the steel-consuming industries such as the construction and automotive industries. This paper considers technological substitution of corrosion-resistant zinc-aluminium alloyed coated steels in the rapid changes in technology opportunities and threats. Substitution behaviour of galvanised steel is discussed in the most steel-consuming industries, including the impact of price change in raw materials. Then, the technology adoption model of zinc-55%aluminium coated steel is considered in Japan, Korea and China. Finally, the future behaviours of substituting zinc-aluminium coated steel in these countries are predicted by fitting a Fisher-Pry technology growth curve.

Online publication date: Fri, 01-May-2009

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