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Meanwhile, many governments' attempts to revitalise their economies involve big infrastructure schemes that will require lots of metal.
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He said: "This is fantastic news for Manchester, and another big infrastructure scheme for the North West.
If planning is approved, the £240m investment would be one of the biggest, single infrastructure schemes ever undertaken in Northern Ireland.
I don't mean big, target-driven volunteering infrastructure, but something much more informal, via time banks, befriending schemes, health champions, inside public services.
Both of these schemes are funded partly by private capital: austerity has made it near-impossible to fund big infrastructure projects with public money alone.
Big infrastructure projects are under way.
Big infrastructure projects often move slowly.
Grand infrastructure schemes and booming trade is transforming the region.
At the other the world's biggest insurers and asset managers are building up their credit-analysis capabilities so that they can lend money directly to mid-market companies, property developments, infrastructure schemes and the like.
Firstly, in support of big infrastructure projects.
Carney has questioned the effectiveness of so-called "helicopter money" schemes, under which a central bank prints cash so that finance ministries can hand it out to citizens or spend it on big infrastructure projects.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com