- 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.
The process of covering steel with another material (tin, chrome, and zinc), primarily for corrosion resistance.
Industry:Metals
Metal sheet that has been wound. The metal, once rolled flat, is more than one-quarter mile long; coils are the most efficient way to store and transport sheet steel.
Industry:Metals
The basic fuel consumed in blast furnaces in the smelting of iron. Coke is a processed form of coal. About 1,000 pounds of coke are needed to process a ton of pig iron, an amount which represents more than 50% of an integrated steel mill’s total energy use.
Industry:Metals
A set of ovens that process coal into coke. Coke ovens are constructed in batteries of ten to 100 ovens that are 20 feet tall, 40 feet long, and less than two feet wide. Coke batteries, because of the exhaust fumes emitted when coke is pushed from the ovens, often are the dirtiest area of a steel mill complex.
Industry:Metals
Finishing mills roll cold coils of pickled hot-rolled sheet to make the steel thinner, smoother, and stronger by applying pressure, rather than heat.
Industry:Metals
Sheet steel that has been pickled and run through a cold-reduction mill. Strip has a final product width of approximately 12 inches, while sheet may be more than 80 inches wide. Cold-rolled sheet is considerably thinner and stronger than hot-rolled sheet, so it will sell for a premium (see Sheet Steel).
Industry:Metals
Changes in the structure and shape of steel achieved through rolling, hammering, or stretching the steel at a low temperature (often room temperature).
Industry:Metals
Measures the physical use of a metal by end users. Metal consumption estimates, unlike steel demand figures, account for changes in inventories.
Industry:Metals
A method of pouring steel directly from the furnace into a billet, bloom, or slab directly from its molten form.
Industry:Metals
Metal products committed to customers through price agreements extending three to 12 months. About one-half of all flat-rolled steel is sold on this basis, primarily because the auto companies sign agreements to cover at least one year’s model. Price increases that the steel mills might announce during the year do not generally affect the revenues from the contract side of the business.
Industry:Metals
