Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kollmhn who wrote (35686)	10/12/2004 8:52:21 AM
From: Dennis Roth	Read Replies (2) \| Respond to of 206131

Steel pipe shortage? I noticed this at the end of this story about the Alaska gas pipeline news-miner.com For the owner companies, the fourth necessary leg is made up of technology-led cost reductions. Those include high-strength steel, automated welding machines and large trenching machines, MacDowell said last week. He said the group is "feeling pretty good" about those possibilities. Davis said the high-strength steel allows the pipe to be lighter, thereby reducing transportation costs. Stevens said the line would demand virtually all the output from the world's steel mills for a year. Passing the legislation was important, he said, "to see if we could tie down the steel." It otherwise could go to tankers and plants used in the importation of liquefied natural gas from foreign countries. "I think it's going to be a real chore to find enough steel," he said. So who's going to make all that high-strength steel pipe? Is there an investment opportunity there?