Samurai-Sword Maker May Cool Nuclear Revival
NobleSavage sends a story from Bloomberg about Japan Steel Works Ltd., a company that still makes Samurai swords, and how it may control the fate of the global nuclear-energy renaissance. "There stands the only plant in the world, a survivor of Allied bombing in World War II, capable of producing the central part of a nuclear reactor's containment vessel in a single piece, reducing the risk of a radiation leak. Utilities that won't need the equipment for years are making $100 million down payments now on components Japan Steel makes from 600-ton ingots. Each year the Tokyo-based company can turn out just four of the steel forgings that contain the radioactivity in a nuclear reactor. Even after it doubles capacity in the next two years, there won't be enough production to meet building plans."
These story elements (Japan, WWII, Allied bombing and nuclear technology) usually have a different theme than protecting the world from the hazards of nuclear fission gone awry.
+1 Ironic
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But can't you make more places to build them? I realize that you may need specific hardware to forge this stuff out of one piece of steel, but seems to me that if you really needed them, you could make more than one factory.
Major questions , with the track record as of late from China would you trust a major piece of a nuclear puzzle to them ? I mean it really. And with Korea , I don't know if I would trust them as well.
The Japanese firms for steel have a really good reputation for forging some of the best parts in the world. Even the Spaniards and Americans can not produce such quality steel.
I don't think I would want to be near a Chinese forged reactor core any time in my life. QC does not seem to be their strong point.
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If there are multiple companies putting up $100M a pop for future production, I'd say there ought to be a solid business model in there somewhere.
Is it just my observation, or are there way too many stupid people in the world?
How? We have no industrial base anymore. It's the "information age", we're a "service economy", remember? Actually making steel is, like, so 1970s.
U.S. Steel now makes about as much steel now as it did in 1902. The once-mighty Bethlehem Steel? Gone. National Steel? Kaput.
We traded our ability to make stuff, for our ability to by cheap imports at Wal*Mart.
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New nuclear building will not grind to a halt, but it may be slowed/delayed a few years until more of these factories come online. And when the decision makers are trying to decide what kind of power plant to build to meet energy needs, a 2 year delay for the queue to get your pressure vessel because China has dibs on the next 40 may lead you to conventional sources (gas/coal/etc).
On the other hand, the steel that U.S. Steel makes now is high quality, special purpose alloys, and Alcoa is refining quite a bit more aluminum than they were in 1902 and Caterpillar is doing 'OK' globally. No one scoffs at Intel chips, and they are among the most intensely manufactured objects in existence.
It really doesn't matter where cheap steel is coming from; it isn't particularly profitable to make, and it is the easiest capacity to add, so why should anybody be surprised that American companies aren't trying to compete with cheaper foreign labor for the title of biggest steel company?
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To call Japan Steel Works a "sword maker" is like referring to Microsoft as "that company that makes Minesweeper". Japan Steel Works is a very large steel company that makes a very wide variety of products (of which swords are a very, very small part) and did $2 billion worth of sales in 2007 alone.
I mean seriously, Slashdot, isn't this story cool enough without adding misleading sensationalist crap onto it?
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Until you actually read the article and see that your cheap foreign labour is in Japan? Japan hasn't been cheap in decades.
Oh and where are those Intel chips actually produced?
Read up on Henry Ford and exactly why he allowed his factory workers special loans to buy the cars they produced. If a rabid capatalist understood, why don't you?
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