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04-20-2004, 09:59 PM | #16 |
Coronation Incarnate
Join Date: Nov 2003
Location: Western Australia
Posts: 99
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This scrap company image, has touched the most raw nerve in my body .. China cannot get enough steel scrap to feed her industries, so the scrap price has rocketed. Scrap is a vital part of steel making, believe it or not .. all furnaces rely on a large % of scrap to produce good quality steel. Using scrap for furnace feed, lowers costs, and improves end product quality, because scrap has a known quality, minimal impurities as compared to iron ore, and takes less energy to turn into fresh steel.
China produced 241 million tonnes of finished steel last year .. the first time in the worlds history, ANY country produced more than 200 million tonnes of steel in one year .. and production is slated to increase by double digit %'s in the next few years, from both domestic and world demand. Scrap steel is bringing US$200 to US$250 a ton in the U.S. .. we in Australia, are a lot closer to China .. and the local major scrap dealer is offering AU$35 a tonne (US$26 ton) for heavy scrap .. delivered and sized .. The local major scrap dealer has just reported massive increases in profit .. much to the CEO's surprise! No mention is made on % of ROI .. but I guess the CEO will be handsomely rewarded for his financial astuteness .. again .. Strange thing is .. I can go round up ANY abandoned bogmobile and drop it at the local recyclers and get AU$100 (US$74) for it, provided its complete .. AU$50 (US$37) if they come and collect it. Methinks there is a large smelly fish in this equation ..
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04-21-2004, 01:03 AM | #17 | |
Smooth Ruffian
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04-21-2004, 03:18 AM | #18 |
professional bowler
Join Date: Feb 2004
Posts: 134
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That woman has no mask, she must be breathing in loads of dust particles from the rust. not good.
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04-21-2004, 06:22 AM | #19 | |
still says videotape
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04-21-2004, 10:17 AM | #20 | |
May Ter Dee
Join Date: Jan 2003
Posts: 26
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04-21-2004, 10:29 AM | #21 | |
Coronation Incarnate
Join Date: Nov 2003
Location: Western Australia
Posts: 99
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No .. wait .. it couldn't have been the CEO's of American companies, could it?? Not those same CEO's I poured scorn on, in an earlier post?? And you worry about enemies in the Middle East and Afghanistan??
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04-21-2004, 10:59 AM | #22 |
Professor
Join Date: Sep 2001
Location: Houston TX
Posts: 1,857
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looks like the photo was taken on "Take your daughter to work day."
Nothing like teaching your kids the value of a good day's work. |
04-21-2004, 07:07 PM | #23 | |
The future is unwritten
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04-22-2004, 09:49 AM | #24 |
garbage in, refuse out
Join Date: May 2003
Posts: 98
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it's a growth industry -- afterall, rust never sleeps.
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04-22-2004, 05:13 PM | #25 |
The future is unwritten
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I remember reading somewhere, 2 tons of steel will produce 3 tons of rust, but it didn't say why. I've always been curious about that, but don't have a clue how I would find out.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
04-22-2004, 06:14 PM | #26 | |
Superior Inhabitant
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04-22-2004, 10:03 PM | #27 |
King Of Wishful Thinking
Join Date: Jan 2001
Location: Philadelphia Suburbs
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I actually saw this on some documentary. In India or Pakistan, some entrepenuer with a radio sits on a beach and instructs the captain of a ship he has purchased for scrap to deliberately beach it during high tide. During low tide, workers swarm over it and strip it down for scrap and parts.
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