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Great Lakes Iron Ore Logistics Circa 1943

The following pictorial is a very informative advertisement showing how efficient the movement of Iron Ore was during World War II. This was published in “Life Magazine” May 31, 1943. Iron Ore is still a very important ingredient in steel-making, especially for mills with Blast Furnaces, and mills that rely[…]

“The Color of Rain”

A few months ago we started a book club, now called ” People of Steel” with some Christian friends in the steel business.  It is to encourage and inspire each other and communicate ideas beyond our normal steel talk.  It is more about God, Faith and inspiration. This month’s selection[…]

Is it Unpatriotic to Import Steel?

Recent articles have ripped Donal Trump for reportedly using Chinese steel and aluminum on past building projects. As a steel trader for the past 30 plus years, I find this much ado about nothing. Fist of all, this is a free country with free trade.  We import and export steel into[…]

Friday Food for Thought & Predictions for the Future.

Here is a message I received from a friend with predictions for the future.  It’s not too hard to believe these could come true. I don’t know the author of this.  Maybe somebody at the Kahn Academy?  In any case enjoy and keep learning! In 1998, Kodak had 170,000 employees[…]

West Coast scrap drops further

In today’s steel business briefing there is an article which follows outlining the quick drop in scrap pricing for export to Taiwan via containers.  In short, scrap dropped about $100/mt in the past 3 weeks and is now about $180 to $190 mt loaded containers at the LA port.  Meanwhile,[…]