Crude Steel Production: China Knocks the Socks off Rest of the World

Discussion in 'Economics' started by Banjo, Jun 22, 2019.

  1. Banjo

    Banjo

  2. MarkBrown

    MarkBrown

    china's steel is basically america's pot metal. the quality is that low.
     
    bullmarket79 and SteveH like this.
  3. Not much of a surprise considering China is likely to remain the largest commercial ship builder in the world and probably also the largest navy vessel builder in the next 2 decades.

    Current estimates for China's planned naval vessels alone are staggering: 60-80 new 10,000-ton class destroyers, 8-10 90,000-ton+ class aircraft carriers with electro-magnetic launching systems (flat tops), 10+ strategic nuclear subs (boomers), 14+ nuclear attack subs, 20+ conventional subs, 10-20 amphibious landing ships, 20+ 4k/6k ton class frigates, ...

    China's high speed rail system will more than double in size. China's automobile output will continue to widen its lead over the rest of the world. China is still building skyscrapers, express ways, bridges etc en masse.

    Those industrial sectors all consume large quantities of steel.
     
    Last edited: Jun 22, 2019
  4. ironchef

    ironchef

  5. Cuddles

    Cuddles

     
  6. maxinger

    maxinger

    The way I see,
    the 19 days exclude

    - foundation work which could take years depending on ground condition
    - mechanical, electrical, plumbing works (some of which might be already in the module)
    - finishing touch to the facade, tiles for interior surfaces
    - interior decoration
    - lift, escalator, sprinkler system, pumps, cooling/heating system ... installation
    ...

    the 19 days include
    - only stacking of floor/ceiling/wall/window modules which were manufactured offsite
     
  7. Cuddles

    Cuddles

    ok, 15 days then
     
    jl1575 likes this.
  8. bone

    bone

    Carbon emissions for steel production in China is twice what it is in the United States for the same quantity of steel.

    While Chinese steel is used for plenty of price sensitive commodity consumer items - there are a myriad of critical engineering spec applications where German, US, Japanese, and Korean steel alloys are preferred.
     
  9. Cuddles

    Cuddles

    Not like the China haters believe in global warming anyway