Innovations in ferrous pyrometallurgy a Canadian perspective

"International competition is presenting the Canadian steel industry with a major challenge. While Canadian companies have invested in new technology, research and development, activity by Canadian industry, in general, lags significantly behind that of its major competitors. While OECD countries increased their research and development spending during the 1980s, Canada's R&D funding levels have changed little since the early 1970s and have actually dropped since 1986, despite greater public discussion on the issue. This fact is reflected in the relatively slower pace of innovation in the Canadian steel industry, despite the efforts of both government and industry.In addition, there are a number of factors that undermine the competitiveness of the Canadian steel industry, in particular in relation to the United States. Among these are higher interest rates, labour costs and tax rates, as well as an overvalued Canadian dollar. Canadian steel companies are thus feeling the full impact of the current economic recession. This recession, combined with recent strikes, have, for example, caused serious losses for Algoma and Stelco.In spite of these objective difficulties, the Canadian steel industry has been able to survive and continues to strive for a leadership position in the world market. Since World War II, heavy investment in new technology has allowed the industry to upgrade its facilities and increase productivity, while at the same time improving quality and reducing pollution. This last point is particularly important in view of public insistence on improvements to the quality of the environment. Over the next decade, this technological innovation must be maintained and intensified if industry is to meet the challenge of international competition and attain a leadership position."