Short-term forecasts of the domestic steel production volume and the proportion between production in the integrated and electric process

Forecasting is an element of the decision-making process through which a desired vision of the future status of the company is worked out and determines the techniques of achieving it. Creating forecasts is a conscious action and it is based on a certain method. Statistical-econometric methods were used in this publication. The projections concerned steel production and the proportion between the applied technologies. The research covered the domestic steel industry. Due to the time span of the projections, which was assumed until 2020, the designated forecasts were acknowledged as short-term projections.