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Archive for September, 2005

EU Flat products pricing uncertainty

Meps have published an article on EU strip Pricing, following recent price rise announcements for quarter 4.
EU FLAT PRODUCT STEEL PRICE RISES ARE NOT A CERTAINTY
In times of weakening steel prices, producers sometimes announce plans to raise their selling values simply with the aim of stabilising the market, and with only faint hopes of actually [...]

More on Salzgitter

Further to my recent post, it seems there is fresh speculation about Salzgitter.
FRANKFURT, Sept 15 (Reuters) - Shares in Salzgitter rose more than 4 percent to mark a record high on Thursday following speculation that the company could become the target of a hostile takeover.
German business daily Handelsblatt cited Salzgitter’s finance chief, Heinz-Joerg Fuhrmann, as [...]

Ebay buys Skype

Back in May I mentioned Skype a fantastic little programe that allowed users to make peer to peer telephone calls across the internet for free. Unlike some previous software, that was unreliable and gave very low sound quality Skype actually worked, and worked well. I have it installed and have used it extensively, but I [...]

ThyssenKrupp Price Increase

Monday September 12, 11:09 AM EDT
FRANKFURT -(Dow Jones)- German steel company ThyssenKrupp AG (TKA.XE) said Monday it is increasing its prices for quality flat steel by EUR20 to EUR30 a ton effective Oct. 1, citing a stabilization in the steel market and a return to normal levels of inventories at European customers.
The company said the [...]

Case hardening steel strip

Often manufacturers of steel components are looking for differing properties in a single component. A good example of this is can be found in case hardening grades, where a softer metal is required for forming and bending, but harder steel is required for resistance to wear and cutting. This can be achieved with case hardening [...]

Japanese Tariffs on U.S. Steel Take Effect

September 1, 2005 11:30 a.m. EST
Hector Duarte Jr. - All Headline News Staff ReporterTokyo, Japan (AHN) - On Thursday, Japanese tariffs on U.S. steel imports took effect as part of Tokyo’s bid against American steel industry protection measures.The 15 percent tariffs, approved in August by the Cabinet, could amount to as much as 5.7 billion [...]

Le “searchengine”

The telegraph.co.uk reports that French President Jacques Chirac wants to go to war with Yahoo, Google, MSN and other US-based search engines, defending his country against the threat of “Anglo-Saxon cultural imperialism.” “We’re engaged in a global competition for technological supremacy. In France, in Europe, it’s our power that’s at stake,” Chirac said in a [...]

Indian Steel Expansion

Whilst Chinese Steel production has been the subject of concern in the West for some time now, as it becomes a net exporter, an interesting article published recently at MEPS, raises the issue of recent developments in India.
If demand within India does not increase in line with production, then yet again the worldwide marketplace may [...]

Corus bid for Salzgitter?

Rumours are circulating that UK/Dutch steel group Corus is about to make a bid for Salzgitter.
LONDON (SHARECAST) - Steel & Other Metals topped the sector risers today after reports began circulating that Anglo-Dutch steel maker Corus is planning a takeover of German rival Salzgitter.
The news pushed shares in the steel maker higher, though traders remained [...]