Saturday, November 15, 2014

HMS 1 & 2 80/20 Is Down

It's been a long time since I checked the daily scrap prices in the Wall Street Journal. New billet steel was directly tied to the price of scrap and before going to the mills to negotiate a deal for tonnage, you better know what the price of scrap was fetching.



It is almost like the routine of," on the way to the doctor, I discovered --"  scrap was scrap and it pretty much looked like the image that I took several months back of a loaded gondola car full of HMS 1 &2. That's steel talk for pieces of scrap steel of a certain thickness and length.The HMS is Heavy Melting Scrap for electric arc furnaces that makes most of our new steel today. Yes, scarpers have been recycling since our Jewish ancestors hand pushed a cart down alleys picking up old pieces of steel that no one else wanted. I don't know a scrappy today that isn't a millionaire. Let me rephrase that. I don't know a scrappy today that isn't a millionaire several times over.  There, that's more close to the ones that I do know.

At any rate, The Iron and Steel Institute  melt down all the statistics. Steel is one of those rare commodities that actually has a birth certificate. It is an ASTM-number and a heat number that follows that steel until it is in finished product  (American Society of Testing and Materials). That ASTM certificate tells every thing you want to know about that steel. The lab in a steel mill is fascinating. It's like your grandmother making cookies; add a little of this, a little of that; taste, stir a little more and presto, it's just right.

 It's one of those things that you will never use unless a situation like the I-35 bridge in Minnesota falls again and you can bet the contractors, architects, DOT guys all were looking for those ASTM certificates on that bridge moments of learning about it falling!

Airplane tail numbers and vehicle Vin numbers are the other two. Oh, for you old sailors, yes, your ships got a keel number, but the registration was kept under flags of a country. Sorry. Nice argument made.

When I think about the old days when I walked tours on mill floors, it isn't far back in the memory for  those that lost their lives from accidents. You never wanted to be on the mill floor when a mill cobbled. The sound of a cobble is instantly recognizable. Cobble, especially in a structural mill, is when a billet is coming down the rolling line orange hot at speeds to match freeway traffic; the billet hits one of the rolling stands and instead of the orange hot billet taking the shape of the stand dye,  it shoots up through the rafters and into the roof of the mill. Hopefully, without taking  an impaled  employee with it. Gory? Yes. Industrial accidents are not a pretty thing and thank goodness, we have OSHA, even with all the regulations and paperwork and fines and every nightmarish aspect of an inspection gone bad,

Several things brought this image to mind. The window washers dangling from the 68th floor of the new World Trade Building; the arrival of the first two pieces of steel fabricated for the Margaret McDermott Bridge; the awesome Union Pacific commercial that shows the UP train coming into downtown Dallas in the commercial.It's all related to commerce, steel and ASTM numbers. Funny how things like that can be classified by your brain in the best filing system in the world. The cable used in the window washing buggy must be of a specific standard for cable, which is wire, which comes from new billets that comes from scrap metal.

It is still an awesome history to think about the Rockefeller oil men, the Andrew Carnegie steel men, the Vanderbilt railroad men, the J.P. Morgan bankers, the Henry Ford and Alfred P. Sloan and the  Dodge Brothers. These Magnates of Industry were all pretty ruthless but gave back many times over for the good of the American people. While things have moved on forward in industry, there still remains gondola car after gondola car heading to steel mills in the country every day to produce our bars, pipes, structural beams, angles, channels plate and much more.

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