The extinguishing process: A case study of steel technologies in the world industry

Abstract This article examines the elimination of two old steel technologies, the Bessemer method and oxygen-steelmaking. This particular aspect of technological change has not been explored much, whereas substantial effort has been put into determining how these, and other steel technologies were originally adopted. The limited objective of this paper is to conduct a time analysis, i.e., to establish when the two processes began to be phased out, the pattern of such elimination, and how long it took for the steel industry to abandon completely these once-dominant technologies. While the elimination, or extinguishing of the two technologies was relatively fast in terms of their whole life-span, old technologies tend to hang on in a residual role a rather long period of time.