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Management of recycling operations for iron and steel making slags

Author

Listed:
  • Christoph Meyer

    (Technische Universität Braunschweig)

  • Matthias G. Wichmann

    (Technische Universität Braunschweig)

  • Thomas S. Spengler

    (Technische Universität Braunschweig)

Abstract

Iron and steelmaking slags constitute important by-products of iron and steel production. Since slags are indispensable to iron and steel making processes, established recycling alternatives can be used to convert accruing slags to secondary resources, such as road construction materials, cements and fertilizers. The potential of a recycling alternative depends on a multitude of technical, economic and ecological influencing factors. In short-term production planning, the concurrence of these factors leads to the question how slags are to be recycled. The focus of this contribution is set on developing an adequate recycling planning approach based on techno-economic modelling. By combining activity analysis and flowsheet simulation, a modelling methodology is derived, which allows to model mechanical recycling processes characterized by particle size distributions. Further, management accounting and price functions are used to describe the occurring recycling costs and revenues for secondary resources, which are characterized by regional market structures. The developed concept is incorporated into a decision model, which is used in an illustrative example.

Suggested Citation

  • Christoph Meyer & Matthias G. Wichmann & Thomas S. Spengler, 2016. "Management of recycling operations for iron and steel making slags," Journal of Business Economics, Springer, vol. 86(7), pages 773-808, October.
    • Handle: RePEc:spr:jbecon:v:86:y:2016:i:7:d:10.1007_s11573-016-0805-9
    DOI: 10.1007/s11573-016-0805-9
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    References listed on IDEAS

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    Cited by:

    1. Christian Thies & Karsten Kieckhäfer & Thomas S. Spengler, 2021. "Activity analysis based modeling of global supply chains for sustainability assessment," Journal of Business Economics, Springer, vol. 91(2), pages 215-252, March.

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    More about this item

    Keywords

    Management of recycling operations; Iron and steel making slags; Operative recycling planning; Techno-economic modelling;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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