Developing of De-Globalization Steel Industry Framework Cross cases of Egypt

نوع المستند : المقالة الأصلية

المؤلف

arab academy for science and technology

المستخلص

Steel drives worldwide economic growth. De-globalization, trade disputes, wars, and the COVID-19 pandemic have affected steel industry profitability and trade. This study examines deglobalization's consequences on Egypt's steel industry. The study examines the relationship between de-globalization and transport, the steel industry, Egypt's steel industry, and the construction of a model for de-globalization in the steel sector. Target population were 250 individuals and we received 210 (84% response rate), which is used to compute the starting sample. Exploratory factor analysis was used to reduce dimensions. This analysis was applied on two national firms. Managers outnumbered senior directors. Anti-dumping, safeguard, Russia-Ukraine Conflict, and COVID-19 affect iron and steel commerce, according to the study. The report emphasizes the steel industry's worldwide impact. Survey data used structural equation modelling and secondary data were analyzed using multiple linear regression models. The data show that anti-dumping reduces exports and increases imports and net profit. COVID-19 and the safeguard promote imports and profit. The Ukrainian conflict hurts output but not exports, imports, or net profit. De-globalization ultimately affects the steel industry.

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