STEEL STOCKHOLDERS AND MERCHANTS

Steel sheet that has been wound. A slab, once rolled in a hot-strip mill, is more than one-quarter mile long; coils are the most efficient way to store and transport sheet steel. A rolling mill of several stands of rolls that converts slabs into hot-rolled coils. The hot-strip mill squeezes slabs, which can range in thickness from 2-10 inches, depending on the type of continuous caster, between horizontal rolls with a progressively smaller space between them (while vertical rolls govern the width) to produce a coil of flat-rolled steel about a quarter-inch in thickness and a quarter mile in length.