2012 technology review: A look back on the future
Sep 30, 2012 | 07:00 PM
| AMM staff
So far, 2012 has proven to be an interesting year for technological developments in various metal sectors. Steel and aluminum producers in particular have aggressively pursued new means of production efficiency, safety and sustainability. Here are just some of those breakthroughs:
Earlier this year, ArcelorMittal SA showcased new products for use in the renewable energy sector. The Luxembourg-based steelmaker unveiled its latest long products for the construction of lattice-tower wind turbines for onshore wind farms. Steel lattice towers generally are lower in cost, generate more power because they capture higher wind speeds with their greater height, are significantly lighter, require less-bulky foundations and have the lowest life-cycle costs for sustainable energy production, according to ArcelorMittal. The low-cost structure and reduced foundations, combined with corrosion protection through galvanizing, makes it the best investment over the long term, the company said.
The steel industry contributes actively in saving carbon dioxide emissions with lightweight steel solutions. Moreover, we are delivering steel to support renewable energy use, ArcelorMittal Long Carbon Europe vice president Nico Reuter said, noting that ArcelorMittal supplied more than 4 million tonnes of steel solely for energy infrastructure in 2011.
The price of energy has reached unprecedented levels in the past decade. In an effort to lower energy costs, many metal manufacturers are developing innovative solutions to reduce overall energy consumption. Aluminum is especially costly to produce, with electricity accounting for nearly one-third of total production costs. Dubai Aluminium Co. Ltd. (Dubal) has taken a proactive stance to save power in an energy-reduction initiative with GE Energy that focuses primarily on its fleet of gas turbines.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.