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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]
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 ...
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Bar stock, also (colloquially) known as blank, slug or billet, [1] is a common form of raw purified metal, used by industry to manufacture metal parts and products. Bar stock is available in a variety of extrusion shapes and lengths.
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 ]
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
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This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021.