Needing a scorecard.From 1998 to 2004, the editors of this publication put together a Ferrous ferrous (fĕr`əs), iron in the +2 valence state. Containing or having to do with iron. The difference between ferrous and ferric is the number of valence electrons they contain (ferrous contains two and ferric contains three), which Scrap Flow Map each year that attempted to list the highest-volume electric arc furnace An electric arc furnace (EAF) is a furnace that heats charged material by means of an electric arc. Arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary (EAF EAF - Effort Adjustment Factor ) steel mills in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Even when updating the list every 12 months, as had been the case through 2004, editors could count on the need to make several changes in company names or plant capacity figures. During much of that stretch, unfortunately, editors also had to be sure to include notes regarding any mills that had been idled, or in some cases even to remove mills from the list altogether if they had been disassembled. Last year, we included an Aluminum Scrap Flow Map instead of the ferrous version, meaning that when updating the Ferrous Scrap Flow Map for this year, there were 24 months of changes to monitor rather than the usual 12. The good news is that a healthy global metals market has meant tracking fewer mill closures, and most mills that appeared on the 2004 map remain on this year's edition. There was still plenty of updating to do, however, primarily because of the number of mergers and acquisitions that have occured in the past two years. Most notably, the Nucor and Gerdau AmeriSteel names appear more frequently on the 2006 map than they did in 2004. Joining the ranks of EAF steelmakers with facilities in all three North American nations Noun 1. North American nation - any country on the North American continent North American country country, land, state - the territory occupied by a nation; "he returned to the land of his birth"; "he visited several European countries" is Europe's Mittal Steel. (Although, as Ispat, it did have facilities in Canada and Mexico listed in 2004.) Another European steelmaker, Russia's Severstal, now owns steelmaking capacity in Michigan and is a major investor in an EAF mill being built in Mississippi. Consolidation, including more cross-border transactions, is perhaps making inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ into what often has been considered a fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. market. But as the Ferrous Scrap Flow Map continues to show, there is room for efficient operators of many different sizes. Tucked between the Nucor and the Gerdau AmeriSteel mills are plenty of other operations competing for market share. |
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