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A billet is a length of metal that has a round or square cross-section, with an area less than 36 in 2 (230 cm 2). Billets are created directly via continuous casting or extrusion or indirectly via hot rolling an ingot or bloom. [1] [2] [4] Billets are further processed via profile rolling and drawing. Final products include bar stock and wire. [3]
There are four types of materials available: O-1 tool steel, A-2 tool steel, A-6 tool steel, and 1018 steel (low-carbon or low-carb steel). Lengths are either 18 or 36 in (457 or 914 mm) long, various widths up to 16 in (406 mm) are available, and thicknesses range from 1 ⁄ 64 to 2.875 in (0.40 to 73.03 mm).
For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on manufacturing. [2] China became the world's largest consumer of iron ore in 2003, [ 3 ] and accounts for over half of global metal consumption.) [ 4 ]
The term long products may include hot rolled bar, cold rolled or drawn bar, rebar, railway rails, wire, rope (stranded wire), woven cloth of steel wire, shapes (sections) such as U, I, or H sections, and may also include ingots from continuous casting, including blooms and billets. Fabricated structural units, such bridge sections are also ...
Production rates and speeds: Twin-belt continuous casting rates range up to 60 tons per hour at speeds up to 14 meters per minute. Twin-belt continuous casting is a near net shape casting process, which significantly reduces the need for secondary rolling or forming operations. For example, when casting copper anode plate the cast slab is not ...
With the acquisition of U.S. Steel, Nippon Steel aimed to raise its global output capacity to 85 million metric tons a year from 65 million now, nearing its long-term goal of taking capacity to ...
Interpipe is a globally important player in carbon steel pipes (hence the name), hollow structural sections, train wheels and steel billets markets. [3] In 2020, Interpipe sold 469,900 tons of pipes and 192,400 tons of railway products. In-house steel production amounted to 759,000 tons. [4] 11 000 employees work at Interpipe.
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