Utilization of Fixed Productive Capital in the Titanium Industry,

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Abstract:

In titanium production the rate of growth of titanium significantly exceeds the rate of growth of fixed production capital, which contributes to an increase in the capital output ratio and a reduction of titanium production cost. The rise in the technical level of titanium production is due to a systematic rise in labor productivity. Further increase in the output of titanium sponge and a lowering of its production cost can be achieved by improving the use of existing plant capacities. Author

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