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History Of The Steel Industry (1970–present)
The global steel industry has been going through major changes since 1970. China has emerged as a major producer and consumer, as has India to a lesser extent. Consolidation has been rapid in Europe. Growth of the industry Global steel production grew enormously in the 20th century from a mere 28 million tonnes at the beginning of the century to 781 million tons at the end. Per-capita steel consumption in the US peaked in 1977, then fell by half before staging a modest recovery to levels well below the peak. World steel production in the 20th century Production of crude steel has risen at an astounding rate, reaching 1,691 m tonnes by 2017 During the 20th century, the consumption of steel increased at an average annual rate of 3.3%. In 1900, the United States was producing 37% of the world's steel, but with post war industrial development in Asia and centralised investment by China, by 2017 China alone accounted for 50%, with Europe (including the former Soviet Union) down ...
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Steel Industry In China
The steel industry in China has been driven by rapid modernisation of its economy, construction, infrastructure and manufacturing industries. History 20th century The steel industry was small and sparsely populated at the start of the twentieth century and during both world wars. Most of the steel infrastructure was destroyed during the wars, and were using Soviet technologies. China lagged behind the western countries in its steel industry development even though they were using central planning techniques during the early days of communist rule. China underwent rapid economic industrialisation since Deng Xiaoping's capitalist reforms which took place in 1978. The steel industry gradually increased its output. China's annual crude steel output was 100 million tons in 1996. 21st century China produced of steel in 1999. After its ascension to the WTO it aggressively expanded its production for its growing appetite of manufacturing industries such as automotive vehicles, c ...
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Dominion Steel And Coal Corporation
The Dominion Steel and Coal Corporation (also DOSCO) was a Canadian coal mining and steel manufacturing company. Incorporated in 1928 and operational by 1930, DOSCO was predated by the British Empire Steel Corporation (BESCO), which was a merger of the Dominion Coal Company, the Dominion Iron and Steel Company and the Nova Scotia Steel Company. DOSCO was one of the largest private employers in Canada during the 1930s-1950s. In 1957, DOSCO was purchased as a subsidiary of A.V. Roe Canada Ltd. In 1966 it terminated coal operations. This led in 1967 to the creation of a crown corporation, the Cape Breton Development Corporation, or DEVCO, which took over operations. Corporate predecessors Industrial Cape Breton consisted of two distinctive geographic regions for industrial activity: the "north side" of Sydney Harbour, and the "south side". The north side was dominated in the 1800s by the General Mining Association (GMA), which had been formed in the 1820s after the Colony of Cap ...
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Steel Industry
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ele ...
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Steelmaking
Steelmaking is the process of producing steel from iron ore and carbon/or scrap. In steelmaking, impurities such as nitrogen, silicon, phosphorus, sulfur and excess carbon (the most important impurity) are removed from the sourced iron, and alloying elements such as manganese, nickel, chromium, carbon and vanadium are added to produce different grades of steel. Limiting dissolved gases such as nitrogen and oxygen and entrained impurities (termed "inclusions") in the steel is also important to ensure the quality of the products cast from the liquid steel. Steelmaking has existed for millennia, but it was not commercialized on a massive scale until the mid-19th century. An ancient process of steelmaking was the crucible process. In the 1850s and 1860s, the Bessemer process and the Siemens-Martin process turned steelmaking into a heavy industry. Today there are two major commercial processes for making steel, namely basic oxygen steelmaking, which has liquid pig-iron from the ...
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Steel Production By Country
This article summarizes the world steel production by country. In 2020, total world crude steel production was 1877.5 million tonnes (Mt). The biggest steel producing country is currently China, which accounted for 57% of world steel production in 2020. In 2020, China became the first country to produce over one billion tons of steel. In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. List of countries by steel production This is a list of countries by steel production in 1967, 1980, 1990, 2000 and from 2007 to 2021, based on data provided by the World Steel Association.World Steel ...
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Iron And Steel Industry In The United States
In 2022, the United States was the world’s third-largest producer of raw steel (after China and India), and the sixth-largest producer of pig iron. The industry produced 29 million metric tons of pig iron and 88 million tons of steel. Most iron and steel in the United States is now made from iron and steel scrap, rather than iron ore. The United States is also a major importer of iron and steel, as well as iron and steel products. Employment as of 2014 was 149,000 people employed in iron and steel mills, and 69,000 in foundries. The value of iron and steel produced in 2014 was $113 billion. About 0.3% of the US population is employed by the steel industry. As of 2022, major steel-makers in the United States included: Cleveland-Cliffs, Carpenter Technology, Commercial Metals Company, Nucor, Steel Dynamics, and U.S. Steel. Types of steel mills There are two main types of steel mills. The traditional large integrated steel mill, which reduces metallic iron from ore (iron oxide) ...
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European Coal And Steel Community
The European Coal and Steel Community (ECSC) was a European organization created after World War II to regulate the coal and steel industries. It was formally established in 1951 by the Treaty of Paris, signed by Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany. The ECSC was an international organization based on the principle of supranationalism, and started a process of integration which ultimately led to the creation of the European Union. The ECSC was first proposed as the Schuman Declaration by French foreign minister Robert Schuman on the 9th of May 1950 (today's Europe Day of the EU), the day after the fifth anniversary of the end of World War II, as a way to prevent further war between France and Germany. He declared he aimed to "make war not only unthinkable but materially impossible" which was to be achieved by regional integration, of which the ECSC was the first step. The Treaty would create a common market for coal and steel among its membe ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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British Steel Corporation
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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Iron And Steel Industry In India
The iron and steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. As per ''worldsteel'', India's crude steel production in 2018 was at 106.5 tonnes (MT), 4.9% increase from 101.5 MT in 2017, means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017. Industry produced 82.68 million tons of total finished steel and 9.7 million tons of raw iron. Most of the iron and steel in India is produced from iron ore. Policy for the sector is governed by the Indian Ministry of Steel, which concerns itself with coordinating and planning the growth and development of the iron and steel industry, both in the public and private sectors; formulation of policies concerning production, pricing, distribution, import and export of iron and steel, ferro alloys and refractories; and the deve ...
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American Iron And Steel Institute
The American Iron and Steel Institute is an association of North American steel producers. With its predecessor organizations, is one of the oldest trade associations in the United States, dating back to 1855. It assumed its present form in 1908, with Judge Elbert H. Gary, chairman of the United States Steel Corporation, as its first president. Its development was in response to the need for a cooperative agency in the iron and steel industry for collecting and disseminating statistics and information, carrying on investigations, providing a forum for the discussion of problems and generally advancing the interests of the industry. The AISI maintained a numbering system for wrought stainless steel in which the three digits indicate the various compositions. The 200 and 300 series are generally austenitic stainless steels, whereas the 400 series are either ferritic or martensitic. Some of the grades have a one-letter or two-letter suffix that indicates a particular modification ...
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ThyssenKrupp
ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational corporation, multinational Conglomerate (company), conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company claims to be one of the world's largest List of steel producers, steel producers, and it was ranked tenth-largest worldwide by revenue in 2015."The world's largest steel companies in 2015, based on revenue"
''Statista''
It is divided into 670 subsidiaries worldwide. The largest shareholders are Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital. ThyssenKrupp's products range from machines and indust ...
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