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Friday, July 16, 2010

Domestic Raw Steel Production up 63% from Last Year:

I'm looking through some fascinating subscription-only articles on the response from TransCanada and Welspun Corp Ltd response to concerns that some of Welspun's faulty steel may have ended up in the Keystone pipeline. More on that later this weekend...

But for the moment, some hopeful economic news: I learn from the American Iron and Steel Institute that domestic raw steel production for the week ending July 10 was up 37.4% from the same week last year. Production was down 1.8% from the week ending July 3, but come on: those steel workers had to shoot off some firecrackers! For the year so far, domestic raw steel production is up 62.9% from the same stretch in 2009.

Somebody must be building something! Let's kick that recession!


  1. How sad that Earth must still be turned while municipal can steel is being buried.

    "Recycling tin and steel cans saves between 60-74% of the energy used to produce them from raw materials.

    1 ton of recycled steel saves the energy equivalent of 3.6 barrels of oil, and 1.49 tons of iron ore over the production of new steel.

    Steel cans were recycled at the rate of 58% in 2001.

    The amount of steel recovered through recycled packaging in 2001 (nearly 1.5 million tons) would yield enough steel to build 185,000 steel framed homes.

    In 2001, nearly 2 million tons of steel was recovered from recycled appliances.

    The steel from the more than 39 million appliances recycled last year yielded enough steel to build about 160 stadiums the size of the new Pittsburgh Steelers stadium.

    In 2001, there were 26 cars recycled every minute across the U.S.

    Each year steel recycling saves the energy equivalent to electrically power about 1/5th of the households in the U.S. (or about 18 million homes) for 1 year.

    Every ton of steel recycled saves 2,500 lbs. of iron ore, 1,400 lbs. of coal and 120 lbs. of limestone.

    Annually, enough energy is saved by recycling steel to supply Los Angeles with electricity for almost 10 years.

    You can make 20 cans out of recycled material with the same amount of energy it takes to make 1 new one."

  2. First post, bad link. Second post, good link.


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