Steel

Steel

Steel is a type of metal forged with iron and coal that is lighter and stronger than iron.

Industry: Metals

Contributors in Steel

Steel

Processes steel into a more finished state, such as pipe, tubing, and cold-rolled strip, before selling it to end users. Such steel generally is not sold on contract, making the converter segment of ...

Conversion cost

Metals; Steel

Resources spent to process material in a single stage, from one type to another. The costs of converting iron ore to hot metal or bauxite to aluminium can be isolated for analysis.

Cold reduction

Metals; Steel

Finishing mills roll cold coils of pickled hot-rolled sheet to make the steel thinner, smoother, and stronger by applying pressure, rather than heat.

Consumption

Metals; Steel

Measures the physical use of a metal by end users. Metal consumption estimates, unlike steel demand figures, account for changes in inventories.

Cold working

Metals; Steel

Changes in the structure and shape of steel achieved through rolling, hammering, or stretching the steel at a low temperature (often room temperature).