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  2. Bessemer process - Wikipedia

    en.wikipedia.org/wiki/Bessemer_process

    Using the Bessemer process, Carnegie Steel was able to reduce the costs of steel railroad rails from $100 per ton to $50 per ton between 1873 and 1875. The price of steel continued to fall until Carnegie was selling rails for $18 per ton by the 1890s.

  3. History of the steel industry (1970–present) - Wikipedia

    en.wikipedia.org/wiki/History_of_the_steel...

    Nowadays, the steel industry is on the edge of a major technological evolution to deal with the huge amounts of CO 2 produced in the conventional steelmaking process. The use of blast furnaces and basic oxygen furnace produces around 1.8 ton of CO 2 per ton of steel produced.

  4. Prices of chemical elements - Wikipedia

    en.wikipedia.org/wiki/Prices_of_chemical_elements

    As of 2020, the most expensive non- synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume. Carbon in the form of diamond can be more expensive than rhodium. Per-kilogram prices of some synthetic radioisotopes range to trillions of dollars.

  5. History of the iron and steel industry in the United States

    en.wikipedia.org/wiki/History_of_the_iron_and...

    As the only major steel maker not harmed during World War II, the United States iron and steel industry reached its maximum world importance during and just after World War II. In 1945, the US produced 67% of the world's pig iron, and 72% of the steel. By comparison, 2014 percentages were 2.4% of the pig iron, and 5.3% of the steel production.

  6. Why US Steel sale could be good for American manufacturing ...

    www.aol.com/finance/why-us-steel-sale-could...

    December 18, 2023 at 1:07 PM. The $14.9 billion sale of iconic steelmaker US Steel ( X) to Japan’s Nippon Steel ends months of speculation over industry consolidation in a move criticized by ...

  7. List of countries by steel production - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_steel...

    The biggest steel producing country is currently China, which accounted for 54% of world steel production in 2022. [1] In 2020, despite the COVID-19 pandemic, China became the first country to produce over one billion tons of steel. [2] In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the ...

  8. Steel - Wikipedia

    en.wikipedia.org/wiki/Steel

    As more steel is produced than is scrapped, the amount of recycled raw materials is about 40% of the total of steel produced - in 2016, 1,628,000,000 tonnes (1.602 × 10 9 long tons; 1.795 × 10 9 short tons) of crude steel was produced globally, with 630,000,000 tonnes (620,000,000 long tons; 690,000,000 short tons) recycled.

  9. Sheet metal - Wikipedia

    en.wikipedia.org/wiki/Sheet_metal

    Manufacturers' Standard Gauge for Sheet Steel is based on an average density of 41.82 lb per square foot per inch thick, equivalent to 501.84 pounds per cubic foot (8,038.7 kg/m 3). Gauge is defined differently for ferrous (iron-based) and non-ferrous metals (e.g. aluminium and brass).

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