US Pipelines Contain 4 Years Of US Steel Demand, & Will Be Scrapped For It
including insulation, resistance, induction, electromagnetic, electric plasma and thermal storage for the higher temperatures, typically with significant efficiency wins so lower energy requirements.That 7% of CO2e is a big wedge, one I’ve only been formulating a thesis about, but not doing a deep dive into. People who read my stuff will know that one of the key things I try to do is project problem areas into the future, decade by decade through 2100. And so I’m starting to do that, finally.
With foreign steel shipping prices going up and alloy availability changing, more materials substitution. Peak population between 2070 and 2100, hence flattening demand pressures there, countered by increasing global affluence. Binnie provided some excellent observations. One is that the global automobile and light vehicle industry is a major, consistent, and growing demand segment, while the fossil fuel industry is spiky around booms. Another is that electric arc furnace minimills that eat scrap steel have some challenges with the ~25% of new steel they need to enable lots of high quality alloys, in that direct reduction of iron results in rounded pellets that are a bit more expensive to use due to thermal properties.
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