Steel investment foundries make use of iron scrap
Steel investment foundries make use of pig iron
Pittsburgh is a steel town. The area is rich in iron ore and many iron foundries are there.
Ferrous scrap metal basically consists of any metal that takes a magnet. This includes iron, steel, Heavy Melt Scrap, #1 Iron / steel , #2 Iron / steel. Ferrous scrap metals are typically obtained through demolition and dismantlement projects
steel prepared by the mixing of pig iron,scrap iron,heamatite in the presence of oxygen
China has practically no iron producing ability, they import scrap and ore to run their own foundries for their well-known manufacturing industries.
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Iron and steel foundries, farms, car manufacturing factories, my house. Any number of place
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Steel, iron and nickel.
Depending on your location in world prices vary. In the United States, depending on grade of stainless steel, you can get from $2 to more then $3 per lb. For current scrap stainless steel pricing try http://www.scrapmetalpricesandauctions.com
Minimills substitute metal and iron scrap for iron ore to melt in their furnaces.
Foundries make cast iron.