Glossary
Hot-Strip Mill
Steel
A hot-strip mill is essentially a rolling mill made up of several stands of rolls. These convert slabs into hot-rolled coils. The hot-strip mill squeezes slabs, which can range in thickness from two to ten inches, depending on the type of continuous caster, between horizontal rolls with a progressively smaller space between them (while vertical rolls govern the width) to produce a coil of flat-rolled steel about a quarter-inch in thickness and a quarter mile in length.
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Anonymous
Very good overview of the weekly steel market.
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