Word: steeles
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...Dupont thinks the steel industry is already more consolidated than the numbers indicate. "In financial circles they tend to toss up tonnage and look at what's left over and call that overcapacity," he says. "The amount of raw steel isn't really relevant to this discussion." The bulk of profits in the steel industry-when those profits materialize-isn't in the molten goo that comes out of furnaces. It's in the finishing process-when the goo is turned into billets (two tons that can be formed into beams or cables) or slabs (up to 50 tons that...
...TETHERS Steel or fiber cables stop wreckage flying into the crowd...
Remember the Old Economy? Things worked then. Steel didn't break. Refrigerators cooled food. A pound of wheat was a pound of wheat, and people could grind it into flour and eat it. A hamburger consisted of two buns and a patty of ground meat, and a cheeseburger was a hamburger plus cheese...
...suppose we applied the reliability standards and pricing schemes of New Economy products to the items above. One-inch-thick steel would only be 1 in. thick on weekend nights and holidays. During weekday business hours, it would be one-third of an inch thick; and if one carried the steel outside one's "area," it would cost six times as much. Refrigerators would chill eggs and butter for only three or four hours before they "crashed," entailing a call to an 800 number. A pound of wheat would be a pound of wheat*--meaning that it would neither weigh...
...used it in abundance for the Guggenheim Museum in Bilbao, Spain. Until then, the metal had been largely under cover. During the cold war, it was used primarily to build aircraft. When this need abated, the titanium industry promoted its other uses. Up to four times as strong as steel and half the weight, titanium is ideal for tennis rackets and skis. More cost-efficient ways to cut the metal were developed after golfers clamored for titanium clubs in the mid-'90s, and now you can buy titanium binoculars, phones and strollers. The metal encases the new IBM ThinkPad...