- Industry: Metals
- Number of terms: 8616
- Number of blossaries: 0
- Company Profile:
Michelle Applebaum Research is a Chicago-based equity
research consulting firm founded by Michelle Applebaum,
formerly a Managing Director of Salomon Brothers. The
company provides consulting expertise in the area of steel
and steel equities to institutional investors and industry.
A broad, shallow hearth to refine pig iron and scrap into steel. Heat is supplied from a large, luminous flame over the surface, and the refining takes seven to nine hours. Open Hearths, at one time the most abundant steelmaking furnaces among integrated companies, have been replaced by the basic oxygen furnace.
Industry:Metals
The ratio of raw steel production to the mill’s stated capacity. Each December, steel companies report to the AISI their estimated capacity (if they could sell all steel they produced) for the following year, adjusted for any facility downtime.
Industry:Metals
The ratio of new orders recorded to the mill’s capacity to produce the steel to fill the orders. Many analysts view trends in the order rate as harbingers of future production levels.
Industry:Metals
A method of winding narrow strip steel over a much wider roll. Customers want to have as much steel on a coil as will fit in their machines, so they can spend less time moving the material and more time using it. By coiling the strip like fishing line (or thread) over a spool, a much longer strip can fit onto a coil of proper diameter. Oscillate-wound coils allow the customer to enjoy longer processing runs.
Industry:Metals
The ultimate earnings level of a company at the top of the business cycle. This is the expected profit during the time of the highest commodity demand and the strongest product pricing.
Industry:Metals
Fine particles of iron ore mixed with bonding clay and roasted into hard round balls for blast furnace feed.
Industry:Metals
Process that cleans a steel coil of its rust, dirt and oil so that further work can be done to the metal.
Industry:Metals
The name for the melted iron produced in a blast furnace, containing a large quantity of carbon (above 1. 5%). Named long ago when molten iron was poured through a trench in the ground to flow into shallow earthen holes, the arrangement looked like newborn pigs suckling. The central channel became known as the “sow,” and the molds were “pigs. ”
Industry:Metals
A structural steel product with edges designed to interlock; used in the construction of cofferdams or riverbank reinforcement.
Industry:Metals
Technically a tube is used to transport fluids or gases. However, pipe and tube are often used interchangeably in steel lexicon, with a given label applied primarily as a matter of historical use.
Industry:Metals
