Steel Strip

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 [...]

Tata Steel on Wednesday said its European subsidiary Corus will be able to meet full capacity utilisation by the end of the current fiscal, riding on revival in global demand.
Corus, which had cut production capacity of its mills by as much as 50 per cent amid the demand slump last year, has currently revived [...]

Your industry news article on a steel business briefing report:-
Steel Business Briefing warns that demand expectations in the steel industry could drop as low as they did in December 2008, at the height of the global financial meltdown. With the downward trend expected to continue at least into early 2010, this is bad news for [...]

With steel shipments from metals service centers slowly rising, inventories of the metal, in decline since early last year, rose slightly in the United States and Canada, the Metals Activity Report from the Metals Service Center Institute shows. Shipments of aluminum products also rose slightly, but inventories of the light metal continued to decline in [...]

We have argued for some time that recent price increases implemented by the steel producers were premature and counterproductive.
Shortages due to greatly reduced inventories which in themselves were the result of poor sales lead to end users and distributors placing new orders in June and July. It was naive in the extreme for the steel [...]