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US (SPY) automobile industry delivered its best monthly performance in almost a decade
2015-07-01

Atlanta, Georgia - Georgia Power announces the latest major international shipment to reach the Vogtle expansion site near Waynesboro, Georgia – the Unit 3 Steam Generator A. The steam generator, which was assembled in South Korea and shipped to the Port of Savannah, reached the site via train earlier this week. The steam generator is the latest international delivery illustrating the global supply chain in place supporting the first new nuclear units built in the United States in more than three decades.


 

The 1.3 million lb, or 650 ton, steam generator is 82ft long and is the second delivered to the site this year for Unit 3. Steam generators are heat exchangers used to convert water into steam using the heat produced in a nuclear reactor core. There are two steam generators per unit in the AP1000 design.

 

In addition to the steam generator, the pressurizer for Unit 4 was delivered to the site in late May. The 225,000 lb pressurizer was fabricated in Italy. The pressurizer provides a point in the reactor coolant system where liquid and vapor are maintained in equilibrium for pressure control.

 

The expansion at Plant Vogtle is part of Georgia Power's long-term, strategic vision for providing safe, clean, reliable and affordable energy for Georgians well into the future. Once Units 3 and 4 join the existing two Vogtle units already in operation, Plant Vogtle is expected to generate more electricity than any U.S. nuclear facility, enough to power more than one million homes and businesses.

What do we cover in this series?


In this series, we’ll analyze how steel companies are placing themselves to gain a bigger share of demand from the automobile sector. While copper usage has been more or less sticky, steel and aluminum are battling it for a higher share. Currently, the automobile industry accounts for over a quarter of the steel consumpxion in North America. This can be seen in the above chart.


Automobile companies use steel products for body sheets, chassis, and engine parts. Aluminum has been making quick inroads into this bastion of steel companies. Earlier, the use of aluminum was largely limited to heat exchangers and some engine parts. Now, automotive companies have started producing vehicles with complete aluminum bodies.


Recent developments


In this series, we’ll analyze some of the recent developments in the metals industry. ArcelorMittal (MT) and AK Steel (AKS) are the leading steel suppliers to automobile companies. In contrast, Alcoa (AA) holds the lightweighting baton. It supplies aluminum sheet products to automakers. Its aluminum was used in the production of Ford’s (F) all-aluminum body F-150 pickup truck.


On June 3, ArcelorMittal hosted an automotive-focused investor event. In the next part of this series, we’ll discuss the key highlights of the event.

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