Built from charred wood it represents the growth of the iron industry across the last three centuries.
The real explosion, however, came from the discovery of iron ore locally, and the creation of an iron industry.
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.
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This will be the main driver to the iron ore industry going forward.
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Those increases, in turn, trigger increases in the production of the inputs to the iron ore industry, electric utilities, etc.
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This represents a 35% share of the North American iron ore industry.
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China's iron and steel industry association clamored Tuesday for a 40% cut in iron ore prices.
It depicts a foundry worker pouring molten iron - an industry, along with coal, which features prominently in the history of Shotts.
And Chinese stocks all through the steel industry, from iron ore to finished goods, which were built up in the expectation of a bigger stimulus package than has yet materialised, are now being run down, amplifying the downward price swing.
Across the river, the following decade, Gustave Eiffel began work on his monumental iron tower as an emblem of industry and science.
Iron Mountain uses DocuSign, an industry pioneer and now one of the established leaders in the business who will be a formidable competitor to Adobe.
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The mining industry, from metals to iron ore, has also seen earnings and outlooks take a hit recently, with names like Cliffs Natural Resources ( CLF) and Joy Global ( JOY) being sold as estimates soften.
Up to 10, 000 people were employed in the mining industry but also at the Kirkless iron and steel works.
However, China slapped a 350, 000 deadweight ton limit on vessels docking at its ports to protect its shipping industry and reduce its dependence on imported iron ore.
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They can be like the Iron Range of Minnesota was for the Detroit car industry last century - a key resource located near where it was needed.
Turkey exports iron to Iran for use in the country's construction industry (a solid material vital for construction in a nation prone to earthquakes).
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Tied up in port sit two massive iron ore transporters carrying the raw material for the world's car making industry.
The company solely focused on iron ore from its inception in the 19th century until 2007 when it entered the coal industry.
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While this may have been good news for Nepal, Indian industry claims the market was flooded with exports of hydrogenated vegetable oil, acrylic yarns, iron pipes, copper wire and zinc oxide, which India claims has hurt its market.
Stitching up closer trade relations elsewhere for example letting Bangladesh's booming garment industry export 10m pieces duty-free to India, or bidding for a big Indian investment to extract iron ore in Afghanistan also looks designed to win friends.
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