Industry Market Trends

Global Steel Production Rises

February 27, 2013

Worldwide crude steel production increased on both a month-to-month and year-over-year basis in January, but the steel industry may be facing headwinds from unstable demand and a growing overcapacity problem. Read More

Industry Market Trends

Are Small Modular Reactors a Better Nuclear Solution, or Just More of the Same?

February 27, 2013

babcockSMRIt hasn't been easy to be a pro-nuclear power supporter over the past few years. It seems like each year brings a new series of setbacks or "bad news" stories. But in the last few years the U.S. Department of Energy and some enterprising major companies, along with politicians like Sen. Lisa Murkowski (R-Alaska), have begun developing new models for small modular reactors (SMR) that just might be nuclear's future. Last November the DOE promised a mammoth $452 million in funding to companies that can help design a working model of an SMR that can be mass-produced, transportable, and serve as a low-carbon substitute to oil and natural gas power. Read More