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re: US steel industry YT rabbit hole
Posted by OBMS on 11/17/22 at 3:10 pm
I know----TL;DR
Bessemer Process replaced crucible steel making in the late 1800s reducing costs and making it possible to produce much larger quantities and ability to produce/roll flat steel(improved economies of scale). Basic Oxygen Process replaced Bessemer around WW2 enabling much better chemistry control and much better shape control (think hood stock/fender stock for automobiles).
All steel made by BOF required access to high quality iron ore, including even the lowest quality items (think cast iron/heavy plate/beams/channels/angles) so steel making pretty much restricted to physical areas where iron ore can be brought in by water transport or is a readily available resource.
Circa 1960-----
Cost for building BOF processing = approximately $1000/ton of capacity
Manufacturing costs of BOF = approximately $1100/ton
1960s - introduction of Electric Arc steel making.
Downside - only can use to produce shapes - no flat so BOF still required to make flat steel. By this time flat steel now makes up 75% of demand in the US (building "boom" for east coast for beams/channels etc...is over. High use areas now automotive, appliance, and metal building). Nucor with EA Furnaces takes complete and total control of all shape markets except specialty bar products that require special chemistry only available thru BOF.
1980s - introduction of Electric Arc flat steel made from DRI (direct reduced iron) and scrap. High quality painted surfaces still require chemistry and shape that can only be controlled thru BOF but all other flat requirement are now turned into commodity products that can be made any where at a cost structure of about 1/3 of BOF.
EAF estimated at $400/ton to build and $300/ ton to manufacture (not near as many man hours per ton required - all done systemically).
2010s - Not yet widely known - rolling processes perfected by Germans and Japanese enable chemical and shape control in Electric Arc Furnaces to allow for critical items to be produced. Only equipment available for this now in the US at Big River Steel. Steel Dynamics - Columbus MS only one step behind.
Point is - until 1990s BOF production (with 80% of US capacity between Chicago and Buffalo) was competing with imports on the southern and west coasts----and they didn't care because 75% of demand was in the same Chicago to Buffalo corridor. interior transportation costs killed import competitiveness there.
In the 1990s imports began making inroads into the mid-west with lower cost (labor), subsidized product from socialist/communist countries made with old equipment from closed US mills (cheap purchase price of assets). Only way for US producers to compete was lower price or new Electric equipment. Market downturn forced all but a couple into bankruptcy. Even sadder news is that most of those old mills with high labor costs are still in operation and will be replaced by much less expensive to operate electric furnaces in the next 10 to 25 years. It's gonna happen again.
Bessemer Process replaced crucible steel making in the late 1800s reducing costs and making it possible to produce much larger quantities and ability to produce/roll flat steel(improved economies of scale). Basic Oxygen Process replaced Bessemer around WW2 enabling much better chemistry control and much better shape control (think hood stock/fender stock for automobiles).
All steel made by BOF required access to high quality iron ore, including even the lowest quality items (think cast iron/heavy plate/beams/channels/angles) so steel making pretty much restricted to physical areas where iron ore can be brought in by water transport or is a readily available resource.
Circa 1960-----
Cost for building BOF processing = approximately $1000/ton of capacity
Manufacturing costs of BOF = approximately $1100/ton
1960s - introduction of Electric Arc steel making.
Downside - only can use to produce shapes - no flat so BOF still required to make flat steel. By this time flat steel now makes up 75% of demand in the US (building "boom" for east coast for beams/channels etc...is over. High use areas now automotive, appliance, and metal building). Nucor with EA Furnaces takes complete and total control of all shape markets except specialty bar products that require special chemistry only available thru BOF.
1980s - introduction of Electric Arc flat steel made from DRI (direct reduced iron) and scrap. High quality painted surfaces still require chemistry and shape that can only be controlled thru BOF but all other flat requirement are now turned into commodity products that can be made any where at a cost structure of about 1/3 of BOF.
EAF estimated at $400/ton to build and $300/ ton to manufacture (not near as many man hours per ton required - all done systemically).
2010s - Not yet widely known - rolling processes perfected by Germans and Japanese enable chemical and shape control in Electric Arc Furnaces to allow for critical items to be produced. Only equipment available for this now in the US at Big River Steel. Steel Dynamics - Columbus MS only one step behind.
Point is - until 1990s BOF production (with 80% of US capacity between Chicago and Buffalo) was competing with imports on the southern and west coasts----and they didn't care because 75% of demand was in the same Chicago to Buffalo corridor. interior transportation costs killed import competitiveness there.
In the 1990s imports began making inroads into the mid-west with lower cost (labor), subsidized product from socialist/communist countries made with old equipment from closed US mills (cheap purchase price of assets). Only way for US producers to compete was lower price or new Electric equipment. Market downturn forced all but a couple into bankruptcy. Even sadder news is that most of those old mills with high labor costs are still in operation and will be replaced by much less expensive to operate electric furnaces in the next 10 to 25 years. It's gonna happen again.
re: Anybody know about Hot Springs Village, Arkansas (as a potential retirement locale)
Posted by OBMS on 8/30/22 at 12:09 pm
Business mentor of mine retired there three or four different time :lol:
re: MSU Confirms 3 month NCAA investigation (AsTheBellTolls)
Posted by OBMS on 8/28/12 at 4:36 pm
re: NCAA Tourney appearances by SEC school...
Posted by OBMS on 3/6/12 at 1:26 pm
quote:
McKey was a high 1st round draft in that year's NBA Draft so maybe he had an improper contact with an agent during the postseason. That's the only thing I can even think of possibly happening
From the Orlando Sentinel in 1988-----
By Larry Greene, June 3, 1988
SETTLEMENT. Sports agent Norby Walters will avoid criminal charges by paying the University of Alabama more than $200,000 and agreeing not to deal with Southeastern Conference athletes. Walters faced misdemeanor charges for his dealings with former Alabama players Derrick McKey and Terry Coner. The university lost $253,447 in tournament revenue when the NCAA learned the players had been playing under contract to Walters during the latter part of the 1986-87 season.
LINK
re: Major tornado outbreak expected tomorrow
Posted by OBMS on 3/2/12 at 6:08 pm
quote:
any news on the storm that's headed from east MS?
One in Monroe County MS is on the exact track as the one that destroyed Smithville, MS last April---also Hackleburg, AL-----
re: Major tornado outbreak expected tomorrow
Posted by OBMS on 3/2/12 at 1:44 pm
quote:
Nother
1PM - Fayetteville 57 - Little Rock 81
re: Bama's Sense of Entitlement is Well Known...
Posted by OBMS on 1/7/12 at 8:29 am
quote:
non-Southerners also are aware of Bama Entitlement Syndrome...
New Orleans, Baton Rouge and Fort Worth not in the South?
LINK
Gil LeBreton
Husband, father, newspaper sports columnist, Vietnam veteran, proud alum of LSU & Jesuit High School.
:spank:
re: The NCAA sucks. Still.
Posted by OBMS on 9/22/11 at 11:51 pm
quote:
No, there's literally no way. I've never seen a school allow someone to take more than 21 hours in a semester. And 21 hours is usually suicide.
No one could handle 36 hours in 1 semester, clearly he MEANT to say 36 hours over the last year, but of course he's still a dumb-shite.
Not only can it be done---It has been done---------
Jones came to the junior college in 1993 and became one of the top community college players in the country. But when it came time to graduate after two years at Northeast, Jones still needed 36 hours of academic credit to move on to Mississippi State.
Jones made up the hours in one summer, in part by taking 13 hours of correspondence courses from the University of Southern Mississippi, and graduated in time to make fall basketball practice at Mississippi State.
LINK /
re: The Death Of The 3-4
Posted by OBMS on 4/30/11 at 5:32 pm
quote:
are one of your secondary guys like a LB when you run the 4-2-5 variant?
Nope---take out a LB, slide the wolb to end, add a third corner. Got to have safeties that play the run like LBs though.
re: Folks who know their football history.
Posted by OBMS on 4/17/11 at 10:14 pm
Steve Sloan - Vandy, Texas Tech, N Texas, Ole Miss, Duke
Jack Pardee - only coach to coach in NCAA, NFL, CFL, USFL, and World League
Richard Williamson - Memphis State 1975 - 1980
Jack Pardee - only coach to coach in NCAA, NFL, CFL, USFL, and World League
Richard Williamson - Memphis State 1975 - 1980
re: Goodwin is a jackass...
Posted by OBMS on 4/11/11 at 8:11 pm
re: Mississippi State to announce 'significant gift' for football complex today
Posted by OBMS on 4/6/11 at 1:41 pm
quote:
Sincerely,
Bob Tyler & Jackie Sherrill
FIFY
re: Congrats to the Gumps
Posted by OBMS on 2/20/11 at 7:51 am
quote:
Grant would look good in an orange blazer.
:rotflmao:
Nobody looks good in an orange blazer-----------
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