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...While many steel products are now made using the newer technology of scrap-fed electric arc furnaces, blast furnaces like the ones at the two plants in Indiana remain critical for automotive products — which...
...A version of this article was first published by Nikkei Asia on March 23, 2023. ©2023 Nikkei Inc. All rights reserved....
...Zoltán Berki, a stocky Hungarian man in his fifties, stuffs some twigs in his kitchen’s iron stove, throws on a log or two — and then an old football boot....
...Musk told a Tesla owners’ club last month that the company’s plants in Texas and Germany were “gigantic money furnaces right now”, losing billions of dollars as they struggle to secure parts and accelerate...
...Nike diversity chief Felicia Mayo is leaving the company after two years in the position....
...“They put anything they can find in those stoves.” Chita is one of many big cities in Siberia that have not been connected to Russia’s domestic gas network....
...The new project tallies with Xcel’s strategy, unveiled four years ago, to slash its CO2 pollution by 2030 and supply only emissions-free electricity by 2050....
...When Rae Arora’s property company began building a block of 115 flats in Brooklyn, the blueprint called for the blue flames of natural gas for heat, hot water and the burners in kitchen stoves....
...Moreover, for 2018, the Milwaukee-based company said it expects shipments to fall again....
...A big countervailing force is that producers have been increasing supplies....
...Another is Bristol’s Ndemic Creations, which created Plague Inc, a hit video game that simulates infectious disease outbreaks....
...Rockwell supplies services, software, controls and other equipment for industries including car manufacturing, food, and oil and gas....
...The Milwaukee-based company now expects to ship 241,000 to 246,000 motorcycles to dealers worldwide this year, down 6 to 8 per cent from a year ago....
...China will suffer if the supply of key electronic parts, which its companies are unable to produce, is halted. The connections between companies in East Asia go beyond borders....
...Last summer it snapped up Nortek, a US company that makes kitchen stove hoods and extractor fans, for an enterprise value of £2.2bn following the Brexit referendum....
...Website | Subscribe. ©2016 Nikkei Inc. All rights reserved....
...“The fact was the supply chain had moved to Mexico, along with about half the competition over the last few years,” he said....
...Countries aspiring to build nuclear power plants must join an international queue for a crucial part of the reactor core made in a single Hokkaido furnace by Japan Steel Works....
...Shifts in ratios between the two can determine the competitiveness of the blast furnace or electric arc furnace route, and hence the prospects for many steel companies and steelmakers around the world....
...Sahaviriya Steel Industries, the Thai company that bought the Redcar blast furnace and surrounding plants and resumed production in April 2012, paid good money — too good, thinks former blast furnace worker...
...“Germany is trying to reduce emissions by 30 per cent but in the global dimension this is the famous drop of water on the hot stove.”...
...Demand for gas hits a peak in winter when furnaces and power plants draw down stocks....
...Many traders had expected prices to rebound as Chinese steel mills and sinter plants, where iron ore fines are mixed with coking coal and partially smelted before being added to blast furnaces, closed ahead...
...Under the settlement, GT will sell more than 2,000 furnaces it had planned to use to make sapphire for Apple....
...The article has been amended to correct the temperature of steel emerging from the furnace to 1,200C...
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