In October Worldsteel published a forecast of short term steel use. The folks at Nerds of Steel blogged about this shortly thereafter and shared the data on their blog. We found this information very interesting and wanted to graphically take a look at the shift in steel demand, so we dropped it into Excel to add a coat of paint and while the shifts are subtle, it is interesting to note where the changes are taking place.
U.S. steel news: 2010
United States’ raw steel production increased close to 38 percent from 2009 to 2010, according to the American Iron and Steel Institute. The nation produced nearly 88.5 million tons of steel between January and December 2010, surpassing the 64.3 million tons of steel produced in 2009. Still, this year’s U.S. steel market performed under historical averages, ranging from 90 million tons to 101.8 million tons, according to Steel Business Briefing. Production for the year was down 13 percent from 2008 and eighteen percent from both 2006 and 2007.
Today, growth of steel production is increasing most notably in developing countries such as China, Brazil, India and, recently, South Korea. China’s steel industry still leads the world in production, growing at a rate that exceeds increases in overall global production.
The establishment of new steel mills using electric arc furnace technology will also drive a demand for steel scrap. Steel scrap is the primary raw material used in the production of steel by electric arc furnace. The European steel industry, using electric arc furnace technology, accounted for over 40 percent of all steel production, according to the report. Furthermore, over 55 percent of all steel produced in the European Union utilizes ferrous scrap metal as raw material in steel production.
Sculpting steel is a form of artistry unlike any other. Steel is a solid, durable and malleable medium capable of being transformed into just about anything the imagination can fathom, like colossal steel abstractions; delicate, painted birds and bumblebees; majestic scrap steel horses and even junkyard-furnished cowboys. No matter the piece of artwork, these sculptures of steel are awe-inspiring. Capital Steel and Wire has recognized the uncommon creativity and beauty in sculpting from steel and has determined a list of the Top Ten Steel Sculptors of our time. These artists showcase th
Recycling is one of the simplest proactive measures consumers can take to protect the environment. Paper, aluminum, plastic and glass are recycled on a daily basis, but have you ever considered that the most recycled material on this earth is not any of these materials? The most recycled material on this planet is steel. More steel is recycled each year than paper, aluminum, plastic and glass combined.
I've never liked Michael Bolton. I don't like his music and his instructional slow pitch softball video is downright embarrassing. I'm absolutely certain I could stop by any local rec league and find someone more qualified to make an instructional softball video than he is. Fortunately, it's easy to change the station when Michael Bolton comes on the radio and even easier to not watch his ridiculous softball video. More recently however, with the help of Google, Mr. Bolton has become an omnipresent thorn in my side.
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By all counts 2009 was a tough year in terms of steel production, but with a rebounding economy in many Western countries has led to a significant increase in steel production in 2010. According to worldsteel.org the first six months of 2010 has shown a 27.9% increase over the first half of 2009.
It’s never been smarter to install a steel roof. Steel roofs are strong, attractive, and eco-friendly. They offer many advantages for homeowners, including a few cost-saving attributes which put some money back in your wallet. And the benefits don’t end there.
1.) Safe – A steel roof is extremely fire-resistant. It insulates against sparks, preventing a fire from spreading to your home. Steel roofs are classified as a noncombustible roofing material with a Class A rating - the highest possible rating.
Steel is our business, and we are always on the lookout for excellent resources for timely news and opinions on the latest happenings in the steel industry. So aside from our subjective opinions, we've also collected some metrics to show the relative importance and value of these pages as ranked by Google and Yahoo.
For Google we utilized their PageRank for the main page of the news site, blog or forum we were rating. Google defines PageRank as:
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