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smelters
noun
Plural of smelter
synonyms
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Although the government wants to close less efficient smelters to save energy, local officials, keen to preserve growth and jobs, are slow to follow its edicts.
Or, less apocalyptically, suppose that Venezuela bought Alcoa and set about closing its aluminium smelters in the United States in order to move production to Latin America, as part of a strategy for development.Others are worried for precisely the opposite reason: that the funds are interested chiefly in making money.
Two days later Nissho Iwai, another trading house, said its group net profits had fallen by 94% to ¥1.2 billion ($9.6m).In this section The price is wrong Hold the foie gras Swap shop The Wang clan cornered Going soft Helter smelters Taking off, sort of Middlemen in a muddle Onwards and upwards ReprintsThe industry has become polarised.
And third, demand for steel has stopped shrinking, and in the most crucial part of the market is even beginning to grow: Detroit is making more cars.In this section The price is wrong Hold the foie gras Swap shop The Wang clan cornered Going soft Helter smelters Taking off, sort of Middlemen in a muddle Onwards and upwards ReprintsThe result?
The commission even dismisses the idea of approving the deal with conditions attached.In this section The price is wrong Hold the foie gras Swap shop The Wang clan cornered Going soft Helter smelters Taking off, sort of Middlemen in a muddle Onwards and upwards ReprintsMinisters are, however, free to disregard the commission's opinion.
The smelters fear price rises of up to 40%.American-owned Alcan, rival to Alcoa for the world's top spot, is gloomy.
In the Netherlands, France and Italy, leading retailers were co-opted into freezing prices during the first few months of the new currency.In this section The price is wrong Hold the foie gras Swap shop The Wang clan cornered Going soft Helter smelters Taking off, sort of Middlemen in a muddle Onwards and upwards ReprintsMoreover, even acknowledged price increases are not always what they seem.
But thriftiness with capital has its limits: the cost of mining is going up, as the easiest coal seams are worked out.Some companies have tried to switch efforts to "met" (metallurgical) coal, which fuels smelters.
This is not a problem for smelters with access to cheap electricity such as hydropower, which explains Norway's 1.2m-tonne output.
Later, as Asia's troubles threw this Pacific-coast province into recession, the government launched grand schemes to create forestry jobs, save lumber-mill towns, attract new aluminium smelters, build infrastructure and create a new high-speed ferry industry.
That leaves only Air Asia, Virgin Blue and Skymark, a low-cost Japanese airline.In this section The price is wrong Hold the foie gras Swap shop The Wang clan cornered Going soft Helter smelters Taking off, sort of Middlemen in a muddle Onwards and upwards ReprintsThere are good reasons, moreover, why their ranks may not swell.
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