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30 per cent American annual Argentina auto basic Belgium Canada Norway Brazil Britain capacity capital goods industry Capital surplus Capital surplus oil cgrt Chile consumption Countries Average crisis crude steel production decline developing countries duction economic development electrical engineering electronics employment engineering industries estimated Europe European Community expansion Federal Republic Finland governments Greece Singapore Spain growth rate important increase Indonesia indus industrialized coun inflation investment Israel Capital surplus Italy Japan Japanese Korea machine tool Malaysia manpower measures mechanical engineering ment metals million grt million tons multinational companies Netherlands Nigeria OECD oil shock order book output policies programmes reduction Republic of Germany sector shipbuilding ships shipyards Singapore Spain Israel social Source Spain Israel Capital steel industry steel recession structural change surplus oil exporters Sweden TAB0 TABLE Total trade union trends U.S. Dollars USSR whilst workers World Bank world steel worldwide Zaire Zimbabwe