Historical Time Series

At its core, a historical time series analysis of steel industry data is a detailed look at the behavior and performance of key industry metrics over a specified time period. This analysis provides insights into how industry variables — local despatches, imports, exports, apparent domestic consumption and total despatches respond to cyclical economic changes.

In performing a historical time series analysis, these metrics help reveal patterns and trends, demonstrating the steel market’s expansion and contraction in response to macroeconomic conditions. This information can guide decision-making processes for stakeholders and policymakers within the steel industry, helping shape strategies around production, trade, and sustainability initiatives.