steel industry glossary of terms

Glossary Term	Glossary Explanation
ULCOS	Ultra Low CO2 Steelmaking
ULSAB	Ultra Light Steel Auto Body - a joint initiative undertaken by vehicle designers and steelmakers to create a lighter stronger autobody, improve vehicle fuel efficiency and improve emission performance
White goods	Reference to refrigerators, freezers, ovens, washing machines, tumble driers [often painted white] which make up a distinct steel-consuming segment (especially significant in flat products)
Wire drawing	Operation that produces steel wire by passing ('drawing') a steel rod through a series of progressively smaller dies
Wrought iron	Iron that has a low carbon content (usually les than 0.15 per cent). Many traditional applications of wrought iron now use low carbon steel instead
Yellow goods	Reference to fork lift trucks, bulldozers, earth-moving equipment etc [typically painted yellow] which represent a distinct steel-consuming segment
Yield	Measure of efficiency of a steelmaking process stage, often expressed as a percentage. Typically calculated as the weight of steel produced in a given manufacturing step relative to the quantity charged

STEEL INDUSTRY GLOSSARY OF TERMS