Archive for October 4th, 2005
Latest MEPS EU Carbon Steel Price Forecast
In the flat products category, the EU mills are now making strong efforts to push up prices for the final quarter of this year - after cutting back on output over the past few months. This initiative is likely to be partially successful. Inventories of hot and cold rolled coil have decreased due to a [...]
Posted: October 4th, 2005 under Steel.
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Corus and Salzgitter to cooperate
FRANKFURT, Oct 4 (Reuters) - Germany’s second-largest steelmaker Salzgitter (SZGG.DE: Quote, Profile, Research) will cooperate with UK rival Corus (CS.L: Quote, Profile, Research) in the development of steels with high strength and ductility (HSD), Salzgitter said on Tuesday.
The HSD steels contain high levels of manganese and are used in a wide range of applications, such [...]
Posted: October 4th, 2005 under Steel.
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Mittal, Arcelor Wary of Paying Too Much for Turkish Steelmaker
Oct. 3 (Bloomberg) — Mittal Steel Co. and Arcelor SA, the world’s two biggest steelmakers, will be wary of overpaying for a stake in Turkey’s state-controlled Erdemir, the country’s largest steelmaker, after its share price rose 46 percent this year.
Mittal, Arcelor and Russia’s OAO Severstal will compete for a 49 percent stake in Erdemir in [...]
Posted: October 4th, 2005 under Steel.
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