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            <title>chinese &#8211; Official POSCO Group Newsroom</title>
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				<title>Going Big: China’s Super-Sized Infrastructure</title>
				<link>https://newsroom.posco.com/en/going-big-chinas-super-sized-infrastructure/</link>
				<pubDate>Fri, 19 Jan 2018 16:10:57 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
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									<description><![CDATA[China is the largest steel producing country in the world. Paired with its abundance of capital and available labor, the country has taken on numerous building]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">China is the </span><a href="https://www.worldsteel.org/media-centre/press-releases/2017/world-steel-in-figures-2017.html" target="_blank" rel="noopener"><span style="font-weight: 400;">largest steel producing country</span></a><span style="font-weight: 400;"> in the world. Paired with its abundance of capital and available labor, the country has taken on numerous building projects over the years to build up its economy and facilitate trade with other regions. </span></p>
<p><span style="font-weight: 400;">However, these building projects are on another level of huge, and with all the megacities popping up throughout the country, China boasts many of the biggest infrastructure projects in the world. Here’s the Steel Wire’s look at some of the most impressive to date.</span></p>
<h2><b>Three Gorges Dam</b></h2>
<p><span style="font-weight: 400;">China is home to the largest dam in the world, measuring 1.5 miles in length and sitting 60 (!) stories tall. The Three Gorges Dam took 1.92 million tons of rolled steel to complete, along with 10.82 million tons of cement and 1.6 million cubic meters of timber. The dam opened in 2003 on the Yangtze River and last year, generated a record-high </span><a href="https://www.thebalance.com/top-ten-largest-construction-projects-844370" target="_blank" rel="noopener"><span style="font-weight: 400;">97.8 billion kilowatt-hours</span></a><span style="font-weight: 400;"> of electricity, 4.35 percent higher than the previous year.</span></p>
<div id="attachment_13595" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam.jpg" target="_blank" rel="noopener"><img class="wp-image-13595" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-1024x636.jpg" alt="The Three Gorges Dam on the Yangtze River in China." width="1000" height="621" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-1024x636.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-800x497.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam-768x477.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Three-Gorges-Dam.jpg 1200w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Three Gorges Dam is the biggest dam in the world and is made up of 1.92 million tons of steel. (Source: <a href="https://en.wikipedia.org/wiki/Three_Gorges_Dam" target="_blank" rel="noopener">Wikipedia</a>)</p></div>
<h2><b>Beijing Capital International Airport</b></h2>
<p><span style="font-weight: 400;">Beijing Capital International Airport (PEK) was the second largest and busiest airport in the world in 2016, just behind the Hartsfield–Jackson Atlanta International Airport in the U.S. PEK recorded </span><a href="http://www.businessinsider.com/20-busiest-airports-in-the-world-2017-5/#no-2-beijing-capital-international-airport-pek-94393454-passengers-in-2016-19" target="_blank" rel="noopener"><span style="font-weight: 400;">94,393,454</span></a><span style="font-weight: 400;"> passengers that flew in and out in 2016, a 5 percent increase from 2015, and is easily the biggest airport in all of Asia. </span></p>
<div id="attachment_13590" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Beijing-Capital-International-Airport.jpg" target="_blank" rel="noopener"><img class="wp-image-13590" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Beijing-Capital-International-Airport.jpg" alt="Bird’s eye view of the runway at Beijing Capital International Airport in China." width="1000" height="500" /></a><p class="wp-caption-text">Beijing Capital International Airport is the biggest airport in Asia, and second in the world. (Source: <a href="https://www.topchinatravel.com/china-guide/the-largest-airport-in-china-beijing-capital-international-airport.htm" target="_blank" rel="noopener">Top China Travel</a>)</p></div>
<p><span style="font-weight: 400;">The first phase of the airport cost USD 3.5 billion and was completed in 2008, but in order to handle the growing number of passengers, an expansion project is planned for 2025. The estimated 5-year project will almost </span><a href="https://blogs.wsj.com/chinarealtime/2014/12/16/why-beijing-needs-a-new-13-billion-airport/" target="_blank" rel="noopener"><span style="font-weight: 400;">double PEK’s capacity</span></a><span style="font-weight: 400;"> and cost an additional USD 13 billion.   </span></p>
<h2><b>Jiaozhou Bay Bridge</b></h2>
<p><span style="font-weight: 400;">China is also home to the longest sea-crossing bridge in the world. The massive structure stretches over 26.4 miles and connects the cities of Qingdao and Huangdao. The 110ft width accommodates 6 traffic lanes that are supported by 5200 steel pillars.</span></p>
<div id="attachment_13592" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge.jpg" target="_blank" rel="noopener"><img class="wp-image-13592" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-1024x672.jpg" alt="Bird’s eye view of Jiaozhou Bay Bridge in China covered by clouds." width="1000" height="656" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-1024x672.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-800x525.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge-768x504.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Jiaozhou-Bay-Bridge.jpg 1500w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Jiaozhou Bay Bridge is held up by 5200 steel pillars. (Source: <a href="https://feel-planet.com/jiaozhou-bay-bridge-china/" target="_blank" rel="noopener">Feel the Planet</a>)</p></div>
<p><span style="font-weight: 400;">The bridge first opened in 2011 and took </span><a href="http://www.telegraph.co.uk/news/worldnews/asia/china/8608279/China-opens-worlds-longest-sea-bridge.html" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 2.3 </span></a><span style="font-weight: 400;">billion and over 10,000 workers to build. The Jiaozhou Bay Bridge also took </span><a href="http://www.telegraph.co.uk/news/worldnews/asia/china/8608279/China-opens-worlds-longest-sea-bridge.html" target="_blank" rel="noopener"><span style="font-weight: 400;">450,000 tons</span></a><span style="font-weight: 400;"> of steel to complete, allowing the bridge to be able to withstand earthquakes up to 8.0 in magnitude, typhoons and the force from a 300,000-ton object.  </span></p>
<h2><b>Jiuquan Wind Power Base</b></h2>
<p><span style="font-weight: 400;">Not surprisingly, the largest wind farm in the world located in China. Jiuquan Wind Power Base is made up of 7,000 turbines that generate enough electricity to sustain a small country. The plant was approved in 2008, and the government has pledged an additional </span><a href="https://www.nytimes.com/2017/01/15/world/asia/china-gansu-wind-farm.html?mtrref=www.google.co.kr" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 17.4 billion</span></a><span style="font-weight: 400;"> by 2020 as part of the effort to develop China’s renewable energy industry. For now, only </span><a href="https://www.nytimes.com/2017/01/15/world/asia/china-gansu-wind-farm.html?mtrref=www.google.co.kr" target="_blank" rel="noopener"><span style="font-weight: 400;">3.3 percent</span></a><span style="font-weight: 400;"> of all the electricity generated in China comes from wind turbines. With the additional investment, Jiuquan Wind Power Base will be able to generate a massive 20 gigawatts of sustainable electricity. </span></p>
<div id="attachment_13594" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base.jpg" target="_blank" rel="noopener"><img class="wp-image-13594" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-1024x535.jpg" alt="The Jiuquan Wind Power Base in China at sunset." width="1000" height="523" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-1024x535.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-800x418.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base-768x402.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/The-Jiuquan-Wind-Power-Base.jpg 1050w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Jiuquan Wind Power Base generates enough energy to power a small nation. (Source: <a href="https://www.nytimes.com/2017/01/15/world/asia/china-gansu-wind-farm.html" target="_blank" rel="noopener">The New York Times</a>)</p></div>
<h2><b>New Century Global Center</b></h2>
<p><span style="font-weight: 400;">What does the biggest building in the world look like? A mini country. Located in Chengdu, Sichuan province, the New Century Global Center combines a shopping mall, water park, hotels, movie theaters, offices, restaurants, ice rink and more into </span><a href="http://www.dailymail.co.uk/news/article-2360182/Take-look-inside-worlds-biggest-building-Chinese-dome-houses-shopping-centre-Mediterranean-village-water-park--ice-skating-rink-multiple-hotels.html" target="_blank" rel="noopener"><span style="font-weight: 400;">19 million sq.ft.</span></a><span style="font-weight: 400;"> of space. The structure is made of glass and steel and measures 500 meters long, 400 meters wide and 100 meters high. Designed by architect Zaha Hadid, it even has artificial sun for the perfect weather, 24 hours a day. </span></p>
<div id="attachment_13593" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center.jpg" target="_blank" rel="noopener"><img class="wp-image-13593 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center.jpg" alt="Inside look at the New Century Global Center in China." width="1000" height="667" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center.jpg 1000w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/New-Century-Global-Center-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The New Century Global Center located in Chengdu is the largest city in the world. (Source: <a href="https://www.thousandwonders.net/photo/5077" target="_blank" rel="noopener">Thousand Wonders</a>)</p></div>
<h2><b>Port of Shanghai</b></h2>
<p><span style="font-weight: 400;">The world’s biggest ports are mostly located in China, and the biggest one is the Port of Shanghai. In 2012, </span><a href="http://www.ship-technology.com/features/feature-the-worlds-10-biggest-ports/" target="_blank" rel="noopener"><span style="font-weight: 400;">744 million</span></a><span style="font-weight: 400;"> tonnes of cargo and </span><a href="http://www.ship-technology.com/features/feature-the-worlds-10-biggest-ports/" target="_blank" rel="noopener"><span style="font-weight: 400;">32.5 million</span></a><span style="font-weight: 400;"> twenty-foot equivalent units (TEUs) of steel containers passed through the port. The entire area of the port on the Yangtze River covers 3,619km² comprised of 3 main ports: Wusongkou, Waigaoqiao and Yangshan Deep-Water Port. About 25 percent of China’s trade passes through the Port of Shanghai, or 2,000 steel container ships per month. </span></p>
<div id="attachment_13596" style="width: 1010px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai.jpg" target="_blank" rel="noopener"><img class="wp-image-13596 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai.jpg" alt="The Port of Shanghai at night time." width="1000" height="667" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai.jpg 1000w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/01/Port-of-Shanghai-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" /></a><p class="wp-caption-text">The Port of Shanghai is the largest port in the world and a quarter of China’s trade passes through it. (Source: <a href="https://tax.thomsonreuters.com/blog/onesource/global-trade/free-trade-agreement-fta-automation/" target="_blank" rel="noopener">Thomson Reuters</a>)</p></div>
<p><span style="font-weight: 400;">Most recently, the 4th phase of the Yangshan Deep-Water Port was completed, making it the largest automated port in the world. It spans across 2.23 million square meters, and can automatically handle 4 million standard containers per year, or 25 per hour. It was also built to accommodate the heaviest ships in the world. </span></p>
<p><span style="font-weight: 400;">China is using its steel to build up the country’s infrastructure, and set world records along the way. Besides being impressive in size, the structures are expected to contribute to greater connectivity and economic prosperity throughout China. </span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="https://www.morganstanley.com/ideas/china-small-cities-economic-growth" target="_blank" rel="noopener"><span style="font-weight: 400;">Morgan Stanley</span></a><span style="font-weight: 400;">. </span></p>
<p>&nbsp;</p>
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					<item>
				<title>Steel Fireworks Light Up a Steel City During Chinese New Year</title>
				<link>https://newsroom.posco.com/en/steel-fireworks-light-up-a-steel-city-during-chinese-new-year-2/</link>
				<pubDate>Mon, 08 Feb 2016 17:00:30 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
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									<description><![CDATA[Chinese New Year—also known as Lunar New Year—is an important festival celebrated throughout Asia at the turn of the traditional lunisolar Chinese calendar.]]></description>
																<content:encoded><![CDATA[<p>Chinese New Year—also known as Lunar New Year—is an important festival celebrated throughout Asia at the turn of the traditional lunisolar Chinese calendar. Celebrations are festive and grandiose, involving enormous feasts of holiday treats, spectacular parades, gift-giving among friends and family, and fireworks—lots and lots of fireworks. While setting off firecrackers was traditionally believed to frighten off evil spirits, restrictions in modern-day China mean that many families improvise by popping balloons and displaying firework decorations.</p>
<p>Still, in the small town of Nuanquan in Heibi Province, China, just west of Beijing, a small group of farmers are keeping one of the world’s most unique fireworks displays alive.</p>
<p><iframe width="500" height="281" src="https://www.youtube.com/embed/QEls4aoJYII?feature=oembed" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe></p>
<p style="text-align: center;">Resource: <a href="https://www.youtube.com/watch?v=QEls4aoJYII" target="_blank">China&#8217;s Blacksmiths Put On Dazzling Display for New Year</a></p>
<p>About 500 years ago, there were many blacksmith shops in the farming town of Nuanquan. Unable to afford expensive fireworks during the Chinese New Year holiday, lower income residents such as blacksmiths and farmers sought an alternative. Inspired by the beautiful sparks emitted during their iron working, a group of brave blacksmiths began splashing molten metal on the city walls, which resulted in the creation of beautiful flower shapes from the cooling iron.</p>
<div id="attachment_7923" style="width: 410px" class="wp-caption alignleft"><a href="https://newsroom.posco.com/en/wp-content/uploads/2016/02/11.jpg"><img class="wp-image-7923" src="https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-1024x768.jpg" alt="POSCO_Chinese New Year Steel Firework" width="400" height="300" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/11-768x576.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/11.jpg 1148w" sizes="(max-width: 400px) 100vw, 400px" /></a><p class="wp-caption-text">Photo Credit: Robert Berkowitz Creative Commons</p></div>
<p>As time went on, locals began to prefer the stunning, steel-catalyzed display to fireworks, and donated their scrap metal to the blacksmiths to use during the annual performance. Eventually, a more developed system evolved and eventually became known as <a href="http://blogs.wsj.com/chinarealtime/2015/02/23/watch-dazzling-poor-mans-fireworks-in-a-chinese-steel-city/"><em>dashuhua</em></a>, which roughly translates as “throwing tree fireworks.”</p>
<p>To create the display, men first soak wooden ladles in water for three days prior to the show to prevent them from combusting on impact. After dipping the ladles into the molten iron (which is made from smashed up pieces of pig iron), flames instantly shoot up. As such, the men work quickly to splash the molten iron onto the city wall to avoid injury.</p>
<p>As the metal strikes the cold, hard wall, it explodes into a shower of sparks, mostly over the performers. Due to the danger posed by the falling molten iron, only the bravest individuals performed in the show, wearing only a jacket made of sheepskin—a material that naturally repels the molten iron—and a straw hat to protect against the splash of hot metal.</p>
<div id="attachment_7924" style="width: 410px" class="wp-caption alignright"><a href="https://newsroom.posco.com/en/wp-content/uploads/2016/02/2.jpg"><img class="wp-image-7924" src="https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-1024x768.jpg" alt="POSCO_Chinese New Year Steel Firework" width="400" height="300" srcset="https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-1024x768.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-800x600.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/2-768x576.jpg 768w, https://newsroom.posco.com/en/wp-content/uploads/2016/02/2.jpg 1200w" sizes="(max-width: 400px) 100vw, 400px" /></a><p class="wp-caption-text">Photo Credit: Robert Berkowitz Creative Commons</p></div>
<p>Despite being banned during the Cultural Revolution from 1966 to 1976, the tradition has since carried on through the ages. Refusing modern protective clothing to more closely maintain the tradition, today’s performers are prideful of their region’s rich cultural heritage and are eager to pass on the custom to their children. They are also pleased that the event continues to attract spectators from all over China, who gather in freezing temperatures to witness the incredible scene of a night sky illuminated by the sparks of molten iron.</p>
<p>However, as urbanization surges in the world’s most populated nation, the tradition is on the decline, with only four performers left. As such, the Chinese government has designated <em>dashuhua</em> as an Intangible Cultural Heritage and has helped organizers build a dedicated stage for their performances, with an aim to preserve the country’s past as well as Nuanquan’s steel-centric custom.</p>
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				<title>The World’s Top 5 Steel Producing Countries</title>
				<link>https://newsroom.posco.com/en/the-worlds-top-steel-countries/</link>
				<pubDate>Wed, 13 May 2015 17:11:23 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
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									<description><![CDATA[Read about latest statistics in an updated version here: Which Countries are the World’s Top Five Steel Producers? &#160; Just about everything – from the]]></description>
																<content:encoded><![CDATA[<p><strong>Read about latest statistics in an updated version here: <a href="https://newsroom.posco.com/en/countries-worlds-top-five-steel-producers/" target="_blank">Which Countries are the World’s Top Five Steel Producers?</a></strong></p>
<hr />
<p>&nbsp;</p>
<p><span style="font-size: 12pt;">Just about everything – from the roof over your head to the device you’re reading this on – contains steel. It is one of the most commonly used materials in the world and has been for quite some time.</span></p>
<p><span style="font-size: 12pt;">World crude steel production added up to about 1.662 billion tons in 2014, based on the 2014 World Crude Steel Production Performances reported by the World Steel Association (worldsteel). Yet despite these numbers, the outlook for the steel industry suggests slow growth for global steel demand, which is mostly a result of the deceleration in China and structural adjustments in most world economies.</span></p>
<p><span style="font-size: 12pt;">Nevertheless, The World Steel Association’s Short Range Outlook (SRO) for 2015 and 2016 notes that even though the growth is expected to be slow, demand is still growing. They forecast that the apparent steel growth will increase by 0.5% in 2015 and 1.4% in 2016. Additionally, in developing and emerging nations, there is an increased optimism for growth, as the steel markets are beginning to exhibit the characteristics of mature markets.</span></p>
<p><span style="font-size: 12pt;">For more information on The World Steel Association’s expected outcomes for 2015 and 2016, click <a href="http://www.worldsteel.org/media-centre/press-releases/2015/worldsteel-Short-Range-Outlook-2015---2016.html">here</a>.</span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/05/Infographic1.jpg"><img class="aligncenter wp-image-6200" src="https://newsroom.posco.com/en/wp-content/uploads/2015/05/Infographic1.jpg" alt="PowerPoint Presentation" width="640" height="456" /></a></p>
<p><span style="font-size: 12pt;"><br />
So, which countries claim the spots of the world’s top steel producers for now? Read on to find out and to learn some interesting steel-related facts about each.</span></p>
<p>&nbsp;</p>
<p><span style="font-size: 14pt; color: #3366ff;"><span style="line-height: 1.5;"><strong>5.</strong> </span><strong style="line-height: 1.5;">South Korea</strong></span></p>
<p><span style="font-size: 12pt;"><strong>Crude Steel Production: 71 million tons</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/05/11.png"><img class="aligncenter wp-image-6229" src="https://newsroom.posco.com/en/wp-content/uploads/2015/05/11.png" alt="1" width="482" height="640" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/05/11.png 750w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/11-603x800.png 603w" sizes="(max-width: 482px) 100vw, 482px" /></a></p>
<p><span style="font-size: 12pt;"><strong>Interesting Fact:</strong></span></p>
<p><span style="font-size: 12pt;">Rising 270 meters above sea level, The Yi Sun-shin Bridge was opened in 2012 and links the cities of Gwangyang and Yeosu. It is the first suspension bridge to be made solely with Korean state-of-the-art technology and equipment, including 26,000 tons of steel rods and 24,000 tons of steel products. Extending 2,260 meters, it is the longest in Korea and the fourth longest in the world, surpassing even the Golden Gate Bridge. (Source: <a href="http://bit.ly/1crFdzx">http://bit.ly/1crFdzx</a>)</span></p>
<p><span style="font-size: 12pt;"> </span></p>
<p><span style="font-size: 14pt; color: #3366ff;"><strong style="line-height: 1.5;">4. India</strong></span></p>
<p><span style="font-size: 12pt;"><strong>Crude Steel Production: 83.2 million tons</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/05/2-.png"><img class="aligncenter size-large wp-image-6230" src="https://newsroom.posco.com/en/wp-content/uploads/2015/05/2--1024x661.png" alt="2-" width="640" height="413" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/05/2-.png 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/2--800x516.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/2--768x496.png 768w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p><span style="font-size: 12pt;"><strong>Interesting Fact:</strong></span></p>
<p><span style="font-size: 12pt;">The Lotus Temple, a Bahá&#8217;í House of Worship, is one of Delhi’s most iconic architectural feats and was designed in the form of a lotus flower to symbolize the religion&#8217;s cornerstones of purity and simplicity. The lotus has three sets of leaves or petals which are made out of thin concrete shells. At the top, a glass and steel roof provides protection from the elements and facilitates the entry of natural light. The temple also utilizes a number of steel reinforcements and structural steel staging. (Source: <a href="http://bit.ly/1zWQCTh">http://bit.ly/1zWQCTh</a>)</span></p>
<p>&nbsp;</p>
<p><span style="font-size: 14pt; color: #3366ff;"><strong><span style="line-height: 1.5;">3. </span></strong><strong style="line-height: 1.5;">United States</strong></span></p>
<p><span style="font-size: 12pt;"><strong>Crude Steel Production: 88.3 million tons</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/05/31.png"><img class="aligncenter size-large wp-image-6231" src="https://newsroom.posco.com/en/wp-content/uploads/2015/05/31-1024x458.png" alt="3" width="640" height="286" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/05/31.png 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/31-800x358.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/31-768x344.png 768w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p><span style="font-size: 12pt;"><strong>Interesting Fact:</strong></span></p>
<p><span style="font-size: 12pt;">In 1943, more than 1 billion pennies were made with steel because the United States was, at the time, engaged in World War II and copper was being rationed to make artillery. Steel pennies weigh 2.70 grams and are fairly lighter than traditional copper Lincoln pennies that weigh 3.11 grams. Today, these pennies are quite popular among coin collectors and are worth about 25-75 cents each. (Source: <a href="http://bit.ly/1cooLjx">http://bit.ly/1cooLjx</a>)</span></p>
<p><span style="font-size: 12pt;"> </span></p>
<p><span style="font-size: 14pt; color: #3366ff;"><strong><span style="line-height: 1.5;">2. </span></strong><strong style="line-height: 1.5;">Japan</strong></span></p>
<p><span style="font-size: 12pt;"><strong>Crude Steel Production: 110.7 million tons</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/05/41.png"><img class="aligncenter size-large wp-image-6232" src="https://newsroom.posco.com/en/wp-content/uploads/2015/05/41-1024x683.png" alt="4" width="640" height="427" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/05/41.png 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/41-800x534.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/41-768x512.png 768w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p><span style="font-size: 12pt;"><strong>Interesting Fact:</strong></span></p>
<p><span style="font-size: 12pt;">Tokyo Tower, a communications and observation tower in Japan’s capital city, was built in 1958. It was constructed of steel, a third of which was scrap metal taken from 90 US tanks damaged in the Korean War. At 4,000 tons, it is significantly lighter than the Eiffel Tower, which weighs 7,000 tons, a result of exceptional advances in construction technology and steel manufacturing. (Source: <a href="http://bit.ly/1K3tHbS">http://bit.ly/1K3tHbS</a>)</span></p>
<p><span style="font-size: 12pt;"> </span></p>
<p><span style="font-size: 14pt; color: #3366ff;"><strong>1. China </strong></span></p>
<p><span style="font-size: 12pt;"><strong>Crude Steel Production: 822.7 million tons</strong></span></p>
<p><a href="https://newsroom.posco.com/en/wp-content/uploads/2015/05/51.png"><img class="aligncenter size-large wp-image-6233" src="https://newsroom.posco.com/en/wp-content/uploads/2015/05/51-1024x683.png" alt="5" width="640" height="427" srcset="https://newsroom.posco.com/en/wp-content/uploads/2015/05/51.png 1024w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/51-300x200.png 300w, https://newsroom.posco.com/en/wp-content/uploads/2015/05/51-192x128.png 192w" sizes="(max-width: 640px) 100vw, 640px" /></a></p>
<p><span style="font-size: 12pt;"><strong>Interesting Fact:</strong></span></p>
<p><span style="font-size: 12pt;">The Chinese were the first people to combine carbon and iron to make steel. They&#8217;ve been making it since the first century BC in blast furnaces powered by the Asian monsoon winds. In recent years, they’ve become the world’s largest producer of steel, and consume twice as much steel as the US, Europe and Japan combined. (Source: <a href="http://bit.ly/1KzAKpG">http://bit.ly/1KzAKpG</a>)</span></p>
<p><span style="font-size: 12pt;"> </span></p>
<p><span style="font-size: 12pt;"><em>Production rates according to the World Steel Association (worldsteel) 2014 World Crude Steel Production Performances.</em></span></p>
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