Steel Strip

I recently posted about the effect of automotive contractual prices on overall steel pricing, and spotted this today at Stamping out a living.
just-auto.com
‘There will be no more multiyear contracts,’ said Freek Schut, Corus’ automotive commercial manager. ‘We are now quoting prices on a yearly basis and we are not even quoting for 2006 yet.’
A European [...]

I am not an “early riser”, very little happens in my world much before 07.30 that is sufficiently exciting for me to have any desire to be awake for it. I was mightily pissed then to be woken by my mobile with a voicemail from Tracy, asking me to call her when I arrived at [...]

Has China Caused a Metal Meltdown?
By Stephen D. Simpson, CFAJune 22, 2005
It’s been a rough year so far for iron and steel companies and other
metal-related stocks. Once among the market’s leading sectors, metals have now
become laggards.
The basic cause is not altogether complicated. Just as a
steel shortage in the back half of 2004 triggered a price [...]

A couple of days ago, I wrote about Steel Pricing and “touched” upon the way that the automotive industry and the large component manufacturers can “skew” the average price levels. I came upon this blog accidentally PROFİL CO.: Why are steel prices rising?, and it struck a chord immediately. It’s well worth a read as [...]

Source NWTimes.com
The exhilaration that permeated the steel industry at the 2004 Steel Success Strategies conference will be tempered during this week’s event by low steel demand, high inventories and falling stock prices.
In the last 12 months, the cyclical steel industry reached record high prices and profits, then abruptly reversed its course and currently continues its [...]

A team of students who created a location-aware blog tool have won the UK
finals of an innovation competition. The Imagine Cup, organised by Microsoft, is
intended to encourage student creativity. The winning software, called OneReach,
draws on the current interest in blogging. The tool gives travellers access to
blogs specific to the area they are in so they [...]

Firstly I would like to thank Michael for giving our site at Steelstrip Resources an honourable mention at his recent posting across at Stamping out a living.
He does raise a point that I am very conscious of, in that whilst I hope that we cover most of the industry quite comprehensively, there is limited information [...]

I have been thinking more about the MEPS report on falling steel prices, which I reported here last Thursday.
It may or may not be generally known, but the large “tier one” automotive manufacturers and a few other big steel users manage to avoid the wildest fluctuations in steel prices by having them “fixed” for anything [...]

I am happy to see that another Steel Blog has been started by Andrew Kotas from Steel on the Net.
His first posting addresses an issue with accessing steelonthenet from China. I wonder how wide the restrictions imposed on internet access are. It is surprising that a site such as this should be blocked as it [...]

Real Blogpower!

The Persian blogland is less than four years old, and so Friday’s
presidentialelection is the first of its kind in the post-weblog world.Iranian
weblogs,one of the largest web communities in the world, owe their significance
to thewelcome they have received from middle-class Iranians inside and outside
thecountry……………..

see the whole article here