STEEL FRAMING ALLIANCE | FRAMEWORK ONLINE
November 5, 2008
INDUSTRY WATCH
 
Steel Turning Green Will Mean Industry Gold, Executive Says

CHICAGO - A national push toward green technology and energy independence could be a boon to the U.S. steel industry.

With earnings outlooks gloomy for the next year or so, ArcelorMittal executive Louis Schorsch boasted about the opportunities the steel industry has in creating a more efficient future.

Better steel in cars can reduce greenhouse gas emissions from vehicles by 20 percent, Schorsch said. "That's a bigger savings than the U.S. steel industry as a whole."

Advanced high-strength steels are as strong as regular steel, but lighter. Using the high-strength steels in car bodies would allow manufacturers to build lighter cars without compromising safety.

And the lighter the car, the better its gas mileage.

The kind of high-quality flat steel needed to make car fenders for hybrid cars is produced at integrated steel mills, such as those run by ArcelorMittal and U.S. Steel.

Schorsch warned, though, that a national policy on greenhouse gas reductions would need to contain special provisions for integrated steel mills, which use large amounts of coke, a kind of coal, to make steel.

Currently there is no alternative to the use of coke, and Schorsch said a tax on those carbon emissions, unless it was imposed on steel manufacturers around the world, would put U.S. plants at a competitive disadvantage.

Source: Gary Post-Tribune, October 31, 2008.

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Cold-Formed Steel 101 : The cold-formed steel facts and maybe a few myths Presentation
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Brought to you by the Steel Framing Alliance (SFA) on the first Wednesday of each month, Framework Online arms you with the latest news and commentary on the steel framing and construction industries. In addition to industry headlines, trends and project profiles, Framework Online provides information and ideas that will better enable members to increase their participation in the residential and commercial construction markets.