The Community for Technology Leaders
2015 IEEE 12th International Conference on e-Business Engineering (ICEBE) (2015)
Beijing, China
Oct. 23, 2015 to Oct. 25, 2015
ISBN: 978-1-4673-8001-0
pp: 209-213
ABSTRACT
Although the steel price index plays a key role in finding price of steel, guiding and stabilizing the market, China still lacks a scientific, complete and rigorous steel price index. This paper firstly built the steel price index system, which considered different regions, steel products, materials and specifications. The index system consists of two index series and eight indexes. Then a calculation model of steel price index based on the Laspeyres method was constructed. Finally, an empirical analysis showed that the steel price index well reflected the price fluctuation and the predictive ability of price in the steel market.
INDEX TERMS
Indexes, Steel, Government, Industries, Predictive models, Market research, Fluctuations
CITATION

Z. Liu, J. Ma, X. Wei, J. Wang and H. Li, "A Steel Price Index Model and Its Empirical Research," 2015 IEEE 12th International Conference on e-Business Engineering (ICEBE), Beijing, China, 2015, pp. 209-213.
doi:10.1109/ICEBE.2015.43
93 ms
(Ver 3.3 (11022016))