Steel Strip

Most consuming sectors of hot rolled coil are healthy with the exception of the pipe making industry, which is weaker than the others. The steel companies, seeing that demand was not huge, have revised their figures downwards to a greater extent than was anticipated by several buyers. Stocks at the service centres are relatively low. [...]

There is something of an impasse in the west European flat products market as customers prefer to sit on the sidelines rather than place business at the inflated prices being demanded by the domestic producers. Consequently, order intake at the mills is slow. Many companies have stocks that are adequate for now. These were purchased [...]

Tata have announced a £95 price increase on structural steels in the UK. The increase in prices will take effect on all deliveries from March 6th 2011.
The company are quoting the rising costs of raw materials as the main reason for the price hike.
Flat product prices have risen by an average of around £60.00 already [...]

ASD Metal Services, a division of German metal group Klöckner & Co, is to double the size of its facility in Leeds.
The steel and aluminium stockholder and distributor has taken a 15 year lease on 215,000 sq ft, creating a combined facility of 400,000 sq ft.
Kaha Avaliani, chief executive of ASD, said “The acquisition of [...]

The tensile strength of steel can be quoted on a number of imperial and metric scales. The factors below are useful for converting.

One newton per square mm is equal to :-

Metric

bar

10

kilopascal

1000

hectopascal

10000

megapascal

1

millibar

10000

pascal

1000000

kilogram per square centimetre

10.19716

kilogram per square metre

101971.6

newton per square metre

1000000

kilonewton per square metre

1000

meganewton per square metre

1

newton per square centimetre

100

British and U.S. (Imperial system)

thousand pounds [...]

BSS have for many years supplied spring steel to manufacturers in a range of industries. In 2008 we established a small order quantity business after recognising the demand for lower volume production. Most of our material has been supplied from coil, but following an increasing demand from companies with laser or water jet cutting facilities, [...]

In the UK over 90% of cold rolled spring steel sales are in CS70 and CS80 grades. Both grades are part of the BS1449 standard.
Both grades are high carbon "spring" steel used in a variety of applications where high tensile strength is required.
CS70 is normally supplied in the annealed condition, in which it is suitable [...]

Recent and anticipated escalating international raw material costs have led to sharply rising European steel prices against a backdrop of stagnant demand. At present, this is causing a real dilemma for the mills, distributors and end-users. Difficulties associated with obtaining credit insurance are exacerbating the low level of business activity. Many market players question whether [...]

Spot prices for strip mill products are rising rapidly as stocks dwindle in the UK. Many sizes are not available and stockholders are reluctant to place orders at increased prices when domestic demand remains weak.
The mills are asking for increases in excess of £60 per tonne partly to reflect substantial increases in the price of [...]

The EU producers are currently facing low order intake as the flurry of activity in early September has tailed off now that distributors have restocked to appropriate levels. In many countries, prices have been lowered a little to encourage purchasing. Negotiations will start soon for first quarter 2010 business but no official announcements have been [...]