SubsidyEye

The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities

"Have new steel technologies emerged in the last year which do not involve coal?"

No, not new ones. But in the early days of the industry, the source of carbon for steel was charcoal. Of course, now that most woody biomass has been pre-allocated for electricity generation or liquid biofuels, there is not a lot that could substute for coal.

Meanwhile, however, electric arc furnaces will continue to run, using scrap iron and steel as a feedstock. What we may see a reduction in is in the primary production of iron and steel from iron ore.

The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities

Pop corn is not junk food -- unless you saturate it with butter (or oil) and salt.