V A Comparison of Integrated Steel Mills with Steel Minimills
Both integrated mills and minimills are part of the same industry insofar as they produce and sell steel products. There are, however, a number of significant differences between the two types of mills: (1) the types of products that each produces; (2) mill size in terms of capacity; (3) geographic locations of mills; (4) raw materials; (5) technology; (6) productivity; (7) employment costs; (8) entry into and exit from the industry; and (9) mill technologies under development.
Product Types
Steel Minimills
The minimill's three basic operations are:
- Scrap is melted in an electric furnace to produce liquid steel.
- Liquid steel is poured through a continuous caster to produce semifinished ...
Get Technology Transfer now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
