The steel industry is one of
the nine vital "Industries
of the Future" designated by The
US EPA Office of Industrial Technologies.
According to the OIT, these nine industries necessarily use large
amounts of heat and energy* to physically or chemically transform
materials. Collectively, they supply 90% of the materials vital to our
economy, produce $1 trillion in annual shipments, directly employ over 3
million people, and indirectly provide an additional 12 million jobs at
all skill levels.
The steel industry is vital
to U.S. economic competitiveness and national security. It employs
over 150,000 people in well-paying jobs and is among the most productive,
efficient, and technologically sophisticated industries in the
world. For example, many grades of steel in use today could not have
been made even 10 years ago. Traditionally valued for its impressive
strength, steel has also become the most recycled material, with 55
percent of U.S. steel now produced from scrap.
Since energy represents
about 15 percent of the total manufacturing cost for steel, steelmakers
are highly motivated to reduce energy intensity. The
steel industry has made significant progress in reducing energy intensity,
but still accounts for about 2% of all U.S. energy use. Since
blast furnaces must reach temperatures of about 2,800°
F, it is not surprising that ironmaking is the most energy-intensive part
of the steelmaking process, accounting by itself for nearly 40% of the
energy used in the process.
*To learn more about energy and cost
savings using TWT fluid management systems, click
here. TWT Deposit Control Systems and comprehensive integrated
treatment solutions provide the steel industry and other metals processing
sectors with extensive benefits and significant
return on investment in a cost-effective and environmentally
responsible manner. |