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Afternoon Coffee: Steel shortage; Vaccine production; Valtatech, Centsoft


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In a fresh round of supply chain disruption, steel is facing a shortage in the United States and leading to higher prices, according to Reuters.
Unfilled orders for steel last quarter sat at the highest level in five years, with inventories remaining near a 3½-year low. Domestic steel mills that idled last year amid fears of a Covid-19 pandemic-induced economic downturn have been slow to ramp up production even though there has been recovery in demand for cars and trucks, appliances and other steel products.
Capacity utilization rates at steel mills the measure of how full production capacity is being used moved up to 75% after falling to 56% in the second quarter of 2020. It remains below the 82% number from last February though, the article reported. Steel shipment is up but sits below last year’s levels. ....

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2:00PM Water Cooler 2/23/2021 | naked capitalism


High CO2 is a good proxy for poor ventilation. This little instrument looks like it could be useful.

“A Reader’s Guide to Safety & Adverse Event Data From Vaccine Trials” [Hilda Bastian, PLOS]. Lots of good tips. Here’s one: “Solicited adverse events are a list of events/symptoms that participants are specifically asked to record. If that’s not done in a consistent, structured way, the rate of adverse events is likely to be under-estimated. The less thoroughly researchers look, the fewer they’ll find – and the rate of adverse events they report could be artificially low. A vaccine trial should have a structured method for soliciting adverse events for the week after vaccination, either for everyone, or for a large enough representative subset of people. That’s because vaccines stimulate the immune system, and that stimulation can cause a well-known set of adverse reactions (called reactogenicity). Normal immune reactions are transient, which means t ....

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