The US Steel Industry Goes Smart
By Charles Kubach, Mine-Engineer.Com
Sep. 22, 2009
By embracing technology that has allowed the steel industry to increase production 300%, while using 33% less energy, US steel industry has followed an excellent business strategy. It increases product to sell and decreases costs of production at the same time. Environmentalists call this green, but it is really just smart business. But the environmentalists like the fact that the steel industry only generates a couple percent of greenhouse gasses and has the most widely recyclable product in the world, much better. From a business standpoint, the recycling is not so cost effective, as it costs more to recycle steel than produce new steel from ore, it does have the benefit of prolonging the life of the steel companies' ore at their mines. Reducing greenhouse gasses is simply choosing cost effective methods of production, where possible, that emit few, if any, green house gasses, and since the US steel industry had to modernize after the 1980's, or face extinction, they had to invest in new plant and equipment, so this choice was much easier than for some companies.
The steel industry is a good example of a industry that has remained very productive, profitable and did their part to preserve the environment at the same time. They get no credit for their efforts, save a few trade publications, they are never the subject of any media articles or programs. That is because the media is extremely biased against all industry, and they do not consider facts, but rather baseless "wishes" as basis for their arguments against the industries that made this country great.
Hopefully, that will change, one day, and to change it faster, people need to not support those biased, left winged media outlets, or their sponsors. That would speed them up a bit. In the meantime the steel industry is looking at methods of producing steel in the future that are even more environmentally friendly and make good business sense, also. They are proving, as many other industries do, to be good neighbors and community citizens, whether or not they are recognized for their efforts.
"The Sign of an intelligent person is not the realization of all they know,
but rather the realization of all they do not know."
Charles Kubach 1979
Return To Mining Information Page