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These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. 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 ...
Dofasco was the owner of the Adams and Sherman iron ore mines in Northeastern Ontario until 1990 when Dofasco announced that they would be closing the mines. During the recession of the early 1990s, Dofasco made its first permanent layoffs since the Great Depression of the 1930s.
HMS 1 is the term for heavier scrap which has a density of at least 0.7 tons per cubic meter, whereas HMS 2 would be lighter steel scrap Because both grades guarantee a minimum piece thickness – at least 1 ⁄ 4 inch (6.35 mm) for HMS 1, and 1 ⁄ 8 inch (3.175 mm) for HMS 2 – consignments have a high density.
It recycled any kind of scrap metal with iron in it. In 1998, the foundry used the scrap metal from the demolition of neighbouring Windsor Engine #1 to cast 175,000 engine blocks. Although being considered an outdated facility, WCP was frequently awarded with many quality and environmental awards.
Steel mill with two arc furnaces. Steelmaking is the process of producing steel from iron ore and/or scrap.Steel has been made for millennia, and was commercialized on a massive scale in the 1850s and 1860s, using the Bessemer and Siemens-Martin processes.
Cast iron is made from pig iron, which is the product of melting iron ore in a blast furnace. Cast iron can be made directly from the molten pig iron or by re-melting pig iron, [4] often along with substantial quantities of iron, steel, limestone, carbon (coke) and taking various steps to remove undesirable contaminants.
Cast iron – Cast iron bathtubs, machinery, pipe, and engine blocks Pressing steel – Domestic scrap metal up to approx. 6 mm (0.24 in) thick. Examples – "White goods" (fridges, washing machines, etc.), roofing iron, water heaters, water tanks, and sheet metal offcuts
Toy road roller cast from zinc. Pot metal (or monkey metal) is an alloy of low-melting point metals that manufacturers use to make fast, inexpensive castings. The term "pot metal" came about because of automobile factories' practice in the early 20th century of gathering up non-ferrous metal scraps from the manufacturing processes and melting them in one pot to form into cast products.
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