Japan Capital expenditures for pOllution control equipment in Japan's steel industry were $378 million.~nfiscal year 1974, $573 million...
Japan Capital expenditures for pOllution control equipment in Japan's steel industry were $378 million.~nfiscal year 1974, $573 million in fiscal year 1975, and $704 in fiscal year 1976 (6). (Japanese fiscal years end on March 31). These expenditures aver aged 18.1 percent of total capital expend i tures by Japanese steel producers during these years (6). Operating costs for pollution control for the Big Five steel producers were $ 9~ 97 per metr ic ton at the end of 1974 (25).
One Japanese consulting firm that studied pollution control costs for steel predicted that operating costs for pollution control in the Japanese steel industry will increase to $19 per metric ton and that this will increase production costs about 8.6 percent (25) . Europe A recent OECD study (26) provides information on pOllution control in the European steel industry. In Germany, steel companies spent about $340 million on pollution control equipment from ~97l through 1974. These expenditures amounted to 3.9 percent of total investment by the industry in 1971, 8.8 percent in 1972, 14.0 percent in 1973, and 13.7 percent in -144- 1974 (26, table 7, p. 133J. In Belgium, the value of pollution control equipment in place in the steel industry at the beginning of 1975 was estimated at $180 million (26, p. 173). This amounts to about 8.7 percent of total investment by Belgian steel producers from 1965 through 1975 or about 12.2 percent of their total investment from 1970 through 1975. Programs called for expenditures on pollution control equipment by the Belgian steel industry of about $9 milli~~ ln 1975; if they were car r ied out, they would have amounted to about 2. 8 per~ cent of the total steel investment in Belgium in 1975. Future programs for the steel industry call for pollution control equipment expenditures of about $134 million from 1976 through 1980 (26, p. 173J. European steel officials interviewed for this study in 1975 said that 17 percent of their new investment was scheduled for pollution control equipment.
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