Steel Dynamics Management Discusses Q4 2012 Results

Good day, and welcome to the Steel Dynamics' Fourth Quarter and Full Year 2012 Financial Results Conference Call. [Operator Instructions] Please be advised that this call is being recorded today, January 29, 2013, and your participation implies consent to our recording this call. If you do not agree with these terms, simply disconnect.At this time, I would like to turn the conference over to Marlene Owen, Director of Investor Relations at Steel Dynamics, Inc. Please go ahead.Thank you, Rob. Good morning, everyone. My name is Marlene Owen, and I am the Director of Investor Relations at Steel Dynamics. We want to welcome you to Steel Dynamics' Fourth Quarter and Full Year 2012 Earnings Conference Call. As a reminder, today's call is being recorded and will be available on the company's website for a replay later today.
We will start the call with introductory remarks and commentary on our fourth quarter and full year 2012 financial results, including the number of highlights relative to our markets from Steel Dynamics' President and CEO, Mark Millett. Next, Theresa Wagler, Executive Vice President and Chief Financial Officer for Steel Dynamics, Inc. will provide additional financial details for the fourth quarter 2012 and full year 2012 period and comment on a few financial matters. Following Mark's and Theresa's prepared remarks, we'll be happy to take your questions.In addition to Mark and Theresa, also joining me for today's call are the company's platform Executive Vice President, including Dick Teets, President and Chief Operating Officer for our steel operations; Russ Rinn, President and Chief Operating Officer for our metals recycling operations; and Gary Heasley, Business Development and President of our fabrication operations.
Please be advised that certain comments made today may involve forward-looking statements that by their nature are predictive. These are intended to be covered by the Safe Harbor protections of the Private Securities Litigation Reform Act of 1995. Such statements, however, speak only as of this date today, January 29, 2013, and involve risks and uncertainties related to our metals business or to general business and economic conditions, which may cause actual results to turn out differently. More detailed information about such risks and uncertainties may be found at the Investor Center Advisory Information tab on our Steel Dynamics website, in our Form 10-K annual report under the captions Forward-Looking Statements and Risk Factors or, as applicable, in subsequently filed Form 10-Qs filed with the SEC.

Crusher Dust: Using The Wasted Rock Pieces

Crusher dust or small pieces of waster rock is an extremely useful byproduct of quarrying procedures. Every day tonnes and tonnes of rock is quarried. Go to any mining site and you will see huge quantities of rocks getting crushed. In the process of crushing some part of the rocks gets waster in the form of small chip. Thiswastage is not only an additional burden on the environment but also wasted profit for the quarry management. The slag which is produced as a byproduct of quarrying and crushing procedures is collectively termed as Crusher Dust. Crusher dust is a natural byproduct of the quarrying process and is an additional revenue earning opportunity for the miners.
Crusher dust is produced by from the slag coming out of furnaces or regular crushing of rocks. It technically could be of any typeof rock but most rocks used in construction are silicates or aliminosilicates. Limestone is major rock used in Brisbane and adjoining areas for construction material. The slag and rock pieces as a result of the mining process are generally of uneven shape. Generally the first separation is made basis size. Pieces greater than 5 mm are a larger variety of sand and are used as fillers. Thesmaller pieces are further grinded into crusher dust often around1-2 mm in diameter. The bigger manufacturing plants often employ more sophisticated measures making the crusher dust even finer. They also add pre-coating or stabilizing agents before packing the crusher dust for selling.
Crusher Dust is used as cement Aggregate primarily.Washing Machines : A special bath for your clothes.It is also used as a filler to fill in cracks in pavements, patios or any other stone based path. Crusher dust is also used in conjunction withlarger Aggregate material in the production of mortar. So it is also used as a paste bind various construction blocks together andfill the gaps between them. These blocks could be of any nature stone, brick, cinder blocks, etc. Modern mortars are typically made from a mixture of Crusher dust and a binder such as cement there by making crusher dust a very key ingredient.A specific form Crusher dust is the manufactured sand which is anexcellent alternative to natural sand. Manufactured sands can be blended with natural sands to provide improved water demand and concrete shrinkage values. And since most hardened properties of concrete like Strength, Shrinkage and Density are linked to mix water demand and so reduced water demand will provide excellent hardened properties.

Washing Machines : A special bath for your clothes

A washing machine serves us a useful purpose of washing our clothes. An efficient washing machine is needed by every household s one cannot go to laundry everyday. A laundry wash is certainly a bit more expensive than a home wash. It is very essential to buy an efficient washing machine.Many top brands in the market are delivering their finest range of washing machines. They are Hover, Indesit, Bosch, Beko, Hotpoint, etc. You need to consider a lot of things before buying a sound washing machine. Make sure to look after the following things :
Portability: The portable washing machines are quite small they are very easy to store away when not required and they can even be rolled out on their casters when they need to be used. They also includes a faucet adapter and they can be easily hooked up to your kitchen faucet.Type of Washing Method: You should keep in the mind the type of washing methods in your machine. These are pulsator and agitator methods. If you want a gentle wash for your clothes, you should go for Pulsator washing. This will help your clothes to last longer and this wash is very beneficial for delicate clothes. On the other hand, agitator machines are similar to regular top-loading machines. They wash the clothes in an efficient way by rotating them to and fro.
Single Tub or Twin Tub : In the twin tub washing machines, there is a separate tub for the spin drying process. This helps the spinner to dry at a faster speed and makes the drying very effective.Number of Wash Cycles: The number of wash cycle options are different in different machines. You should chose that machine which offers maximum wash cycle options. You can also look forward for special features in machines like digital controls, with soft touch buttons and LED display.Water consumption : Different washing machines consume different amount of water according to their capacity. So, whenever you are going shopping for these machines, you should chose that machine which consumes lesser water. This will save your money and you can help the environment in a better way.Capacity : Some machines have less capacity and others have more. It varies from small size models to big-size models. If you are a single person and residing on your own, you can buy a portable machine which will offer you sufficient capacity. Bout, if you have a large family of 4-5 members, a big-size machine will be very suitable as you will need a machine which offers high capacity.

Market Demand and Prospective Analysis of Building Waste Crushing Equipment

In recent years, there has come into being a new favorite in the crushing machinery industry, the mobile breaking station, which is able to do the special mobile crushing according to the actual spot design and eliminate the limitations of crushing site, surrounding and complicated basic configuration, so that it not only can break more conveniently and highly efficiently, but realizes the effect of reducing the occupation of land and recycling construction waste. However, with the more and more obvious situation of the building waste surrounds the city, its disposal and recycle is not just turning waste into value and solving the land occupation problem.
At present, the reuse problem has attracted significant attention from all walks of life. For example, many local governments are actively appealing for crushing the construction trash and turn it into renewable building material and reuse it; national policy also formulates some relevant policies and measures to protect the environment from construction waste pollution and some ministries and commissions have listed its reuse into the twelfth-five years plan. Reuse and resourcation disposal will be an irresistible trend and an inevitable move that conforms to the times development.How to select cone crushers in mining crushing?However, it is a system project which will get involved many management departments, so that in the current circumstances, everyone pays attention to it, but joints forces have not formed yet.
Demand is always the guiding of equipment manufacturing companies. So with the emerging of trash disposal, mobile come crusher also arises at the historic moment and constantly improves in the developing process. But because this industry lacks standardization, the machinery quality is uneven, there even is the condition that the mobile impact crusher just reached the production site, the tyre gets loose.Industrial development needs the joint effort of both the government and the enterprise, which puts forward new requirement for the government and the vibrating screen machine manufacturing companies. As for the government, he should give more support to its disposal, no matter on the capital or the policies; he should give some degree of guarantee, because he start the beginning and walk to some distance is very important to its development; as for the machinery manufacturing companies, equipment safety always comes the first, and secondly how to as much as possible satisfy the demand of high efficiency and low energy consumption is also very important.

How to select cone crushers in mining crushing

Striker is able to produce a machine with a unique combination of providing higher capacity and superior product quality. Like jaw crusher and hammer crusher, with proven revolutionary designs, the cones provide unbeatable performance on secondary, tertiary and quaternary applications and help achieve the highest possible levels of profitability.The cone offers the highest capacities for their size in the industry. Technology allows the ability to operate at a fixed mechanical setting - instead of the head floating on a column of hydraulic oil - creates less drift and provides more stability throughout the circuit.
Many types of cone crusher, under different working conditions, according to the actual reasonable choice. But most well-known, often referred to the standard and the short head type between the two applications is quite different. Cone crusher liner is selected, the user generally must consider three factors: yield, power consumption, liner wear. Generally in accordance with the following principles: maximum feed size. Variation in grain size, feed particle size distribution. The hardness of the material. The wear resistance of the material.
Lining the more the higher the power consumption, hard material to choose a short liner, soft materials selected long-lining, to choose a short liner in the distribution of materials, fine materials, crude materials selected long-lining. Feed particle size distribution, in general, less than the closed edge of the material discharge opening must not exceed 10%, more than 10%, power consumption is rising, the product particle size becomes sheet. Amount of viscous material moisture increase can affect the throughput of materials, the moisture of the material, generally not more than 5%.
Certain amount of time per run, the best equipment with the proper inspection and maintenance, and so will enable the continued production equipment to maintain better operating status, access to better productivity and product quality. Minor repairs cycle every two weeks to a month, which shall include: (1) Check the bowl watt (2) Check the taper sleeve and straight sets wear and check the gap (3) Check the bevel gear meshing clearance Broken in the production line than the allocation should be reasonable, so as to maximize the efficiency of the crusher. The spring pressure is not too tight, the pressure is too large will be broken shaft accident occurs, the pressure is too frequently beating a small spring, affecting the normal work of the crusher, and the product particle size coarsening.The oil temperature can not be too high or too low, otherwise it will affect the machine is running.

Jaw crusher is used for coarse, medium and fine crushing towards different stones

Concrete additives have been used since Roman and Egyptian times, when it was discovered that adding volcanic ash to the mix allowed it to set under water. Similarly, the Romans knew that adding horse hair made concrete less liable to crack while it hardened, and adding blood made it more frost-resistant.Recently, the use of recycled materials as concrete ingredients has been gaining popularity because of increasingly stringent environmental legislation. The most conspicuous of these is fly ash, a by-product of coal-fired power plants. This significantly reduces the amount of quarrying and landfill space required, and, as it acts as a cement replacement, reduces the amount of cement required.In modern times, researchers have experimented with the addition of other materials to create concrete with improved properties, such as higher strength or electrical conductivity. Marconite is one example.Concrete Crushing Equipment Include:Jaw Crusher, Impact Crusher,cone crusher,Sand Making Machine.
Jaw crusher is used for coarse, medium and fine crushing towards different stones and ores with compression strength between 147-245MPa. This barite crusher is with high crushing ratio, even size, simple structure, stable running, easy maintenance and low running consumption.Impact crusher can handle different materials with size no more than 500mm and compression strength below 360 Mpa. Because of its special and good performance, it is widely used in Concrete Crushing Equipment in fields such as highway construction, water conservancy and construction.The business benefits of machine to machine.Hammer crusher is one of the main Concrete Crushing Equipment used for finely crushing limestone, coal and other brittle materials below medium hardness in industries such as metallurgy, construction, chemicals production and water conservancy, etc. Hydraulic splitting machine operated rescue law, in the case of blasting is not allowed, compared to "hammer" method of operation, to create a better economic efficiency: save time, save money!Granite is hard, tough, and resistant to fracture because of the interlocking structure of the minerals within, because of which we should choose the best-quality granite crusher to operate the crushing process.SBM supplies granite crushing production line with the capacity ranges from 50t/h to 2000t/h. SBM applies two series of granite crushers to meet the different needs under different circumstances. Cone crusher and mobile crusher series granite crushers are the ideal granite processing machines.

The business benefits of machine to machine

Machine to machine (M2M), the automated communication of data between connected devices, has begun to increasingly capture the attention of CIOs across the globe.The technology is moving beyond its decades of use in utilities, transport, and heavy industry into the mainstream, empowering CIOs to deliver real value, cost savings, and innovation to management and their wider organisations.Now that networking equipment — a simple SIM card or RFID chip, in the case of M2M — and wireless carriage have dramatically decreased in cost, and wireless coverage, speed, and capacity have increased, we can now embed connectivity into the "things" we use in our day-to-day lives. That translates to new business intelligence (BI), operational efficiencies, and revenue-generating opportunities.
In the transport and logistics sector, this means that pallets and packages are able to communicate their location, allowing for real-time parcel tracking. The same application of M2M also allows the public to gain real-time updates on how far away their train, ferry, or bus is.In the healthcare sector, M2M devices worn by patients enable real-time monitoring of vital statistics or the dispensing of medication. In retail, M2M provides better point-of-sale data, as well as better shopping experiences through personalised digital signage.In the utilities sector, too, M2M powers innovation through smart meters in homes that provide near-real-time data to consumers on their usage. M2M devices are also deployed throughout power, gas, and water networks, which allow for better visibility on outages, spikes in demand, and supply routing.With this communication, machines can be set to act against existing business rules or parameters, or to feed data through to humans, empowering them with greater awareness and insight into business and systems operations.
Just ask Michael Klausen, co-CEO at Brasserie Bread and an M2M convert. Until early 2011, the company — which bakes and supplies artisan bread and pastries to more than 500 restaurants daily — was reliant on labour-intensive and "100 percent unreliable" paper-based processes to meet its temperature-based food-safety compliance requirements.Faced with the potential loss of health accreditation and the ability to supply specific shops, hospitals, schools, and airlines, Brasserie Bread turned to M2M. The project combines kit, carriage, management tools, software, and services from cold-chain specialist Cooltrax and Telstra. With it, the company has automated temperature readings and compliance reporting, and can now access real-time alerts in the advent of a cool-room unit failing — saving the potential loss of the next day's bake."I can now sleep at night," Klausen said of the benefits of the project. "I can sit at the airport and quickly run a check on where temperatures are at in the two bakeries. From a management point of view, that is a lot of time saved for me."

Hype machine all-time high for Notre Dame-Alabama

Sometimes, the buildup to a game can overwhelm what actually happens on the field.Certainly, No. 1 Notre Dame and No. 2 Alabama would have to play nothing less than a classic to live up to all the hype for Monday night's BCS championship.Before either team stepped on the field in balmy South Florida, this was shaping up as one of the most anticipated games in years, a throwback to the era when Keith Jackson & Co. called one game a week, when it was a big deal for teams from different parts of the country to meet in a bowl game, when everyone took sides based on where they happened to live.North vs. South. Rockne vs. Bear. Rudy vs. Forrest Gump.The Fighting Irish vs. the Crimson Tide.
College football's two most storied programs, glorified in movie and song, facing off for the biggest prize."It's definitely not any other game," said Alabama linebacker C.J. Mosley.For the Crimson Tide (12-1), this is a chance to be remembered as a full-fledged dynasty. Alabama will be trying to claim its third national championship in four years and become the first school to win back-to-back BCS titles, a remarkable achievement given the ever-increasing parity of the college game and having to replace five players from last year's title team who were picked in the first two rounds of the NFL draft."To be honest, I think this team has kind of exceeded expectations," coach Nick Saban said Sunday. "If you look at all the players we lost last year, the leadership that we lost ... I'm really proud of what this team was able to accomplish."That said, it's not a huge surprise to find Alabama playing for another title. That's not the case when it comes to Notre Dame.
Despite their impressive legacy, the Fighting Irish (12-0) weren't even ranked at the start of the season. But overtime wins against Stanford and Pittsburgh, combined with three other victories by a touchdown or less, gave Notre Dame a shot at its first national title since 1988.After so many lost years, the golden dome has reclaimed its luster in coach Brian Kelly's third season."It starts with setting a clear goal for the program," Kelly said. "Really, what is it? Are we here to get to a bowl game, or are we here to win national championships? So the charge immediately was to play for championships and win a national championship."Both Notre Dame and Alabama have won eight Associated Press national titles, more than any other school. They are the bluest of the blue bloods, the programs that have long set the bar for everyone else even while enduring some droughts along the way.ESPN executives were hopeful of getting the highest ratings of the BCS era. Tickets were certainly at a premium, with a seat in one of the executive suites going for a staggering $60,000 on StubHub the day before the game, and even a less-than-prime spot in the corner of the upper deck requiring a payout of more than $900.

Such A Thing As A Pot Vending Machine Exists

Now that Colorado and Washington have legalized marijuana for recreational use, businesses are clamoring to get a piece of the action, and coming up with some entertaining ways to do it. For example, a pot vending machine already exists for medical use, so why not introduce the same kind of devices for anyone in those states looking to buy some legal bud? One company is working on adapting its vending machines for just that purpose.The founder of the company says he's working on tweaking his business to make sure the machines would comply with each state's laws. The machines currently require fingerprint identification to ensure that a patient really does have a medical marijuana prescription and isn't just trying to score on the sly, reports NBC News.It might not happen tomorrow or next week, but the company seems confident that eventually, buying pot from a machine just like you would a candy bar will be a reality."One day we envision these machines to be accessed, when it's allowed, 24 hours a day," the founder and chief consultant of a subsidiary of Medbox that makes the machines and consults on the vending business said. "One day in the future that may happen, but for now these machines sit behind the counter as an inventory control and compliance tool."
Medbox is in talks with officials in Washington and Colorado as the states try to figure out how to organize the marijuana industry and of course, collect taxes on the stuff.The Commission Crusher,A New Online Money Making Program.Because if you can't make money off a product, it probably won't be allowed to be sold in the first place.Currently state law in Washington requires marijuana to be sold from inside a retail outlet, adds an official from the state's Liquor Control Board, which means you likely won't ever be able to hit up a pot machine on your average street corner.Maybe they'll be like Redbox at the grocery store or even those fancy vending machines that sell electronics at the airport? Although since it's only legal for adults to consume the stuff recreationally, there would have to be some way to ensure customers are of age before the machine shoots out its green wares. It's a whole new world, people."Everybody needs to redefine their proposal to really be very project-oriented," she said.Consistent with its policy, Plantz said the tourism commission requires tracking with money approved for proof that it was a good return for the investment."That's one of the evaluation criteria questions," she said,"If someone has a better return on investment, they may do better in the program than someone who can't provide a return on investment."