Those increases, in turn, trigger increases in the production of the inputs to the iron ore industry, electric utilities, etc.

FORBES: Good News from Sequester: End to (Some) Bad Economic Analysis

The government hopes to raise half the money by privatising profitable state-owned firms, such as Pohang Iron and Steel and Korea Electric Power.

ECONOMIST: South Korea

The model begins with an input-output table, which says that, for example, the steel mill industry uses the output of the iron ore industry, the electric utility industry, as well as labor and some lesser inputs.

FORBES: Good News from Sequester: End to (Some) Bad Economic Analysis

On top of their lower labour costs, the mini-mills' electric-arc furnaces are much cheaper to build than iron-ore blast furnaces.

ECONOMIST: Steel: Rust never sleeps | The

The electric grid does not care if you plug in a toaster, an iron, or a computer.

FORBES: Net Neutrality Star Tim Wu Joins Federal Trade Commission as Senior Policy Advisor

The application WL- LSMS provides a nanoscale analysis of important materials such as steels, iron-nickel alloys and advanced permanent magnets that will help drive future electric motors and generators.

ENGADGET: Cray's Jaguar supercomputer upgraded with NVIDIA Tesla GPUs, renamed Titan