Steel Strip

US and Canadian Steel producers have been able to increase prices despite a rise in imports according to MEPS. Imports have been fueled by the price differentials between North America and the rest of the world. Prices in some instances are hundreds of dollars more, making exports to North America an attractive prospect to producers [...]

Thanks to my friend Paul Woodhouse over at the Tinbasher I’ve discovered the search facility known as Swicki. Now the thing about a swicki is that it learns from the users that search, so over time it will provide the most relevant links. According to the FAQ at the swicki site:
A swicki is new kind [...]

Peugeot’s factory at Ryton, Coventry, is 24% more productive than its sister facilities in France, according to automotive industry analyst Professor Garel Rhys. The factory, scheduled for closure next year with the loss of 2,300 jobs, is Peugeot’s third most productive plant in Western Europe: At the peak of production in 2003, it made 67 [...]

Unusually for this time of year the European Steelmakers are looking “bullish” with regard to third quarter prices. Following announcements in March of price increases effective from the 1st of April, it is anticipated that the strip producers will announce a further in June. Global market conditions appear favourable with Asian and Russian export prices [...]

A RUSSIAN billionaire’s company has bought an Elland based steel wire producer
Wire-makers Carrington Wire, which employs 100 people at the town’s Lowfields Business Park, has been sold to Severstal-metiz.
The buyer is Russia’s largest maker and exporter of wire and is owned by 40-year-old Alexei Mordashov, who has a personal fortune of $7.6bn.
Carrington Wire has other [...]

Peugeot is to close its car plant at Ryton near Coventry with the loss of 2,300 jobs, it has been announced.

The plant, where the Peugeot 206 is made, is to cease production in the middle of next year.
Union officials reacted with anger, calling the decision “another nail in the coffin” of [...]

The latest MEPS price forecast is mixed. In the EU strengthening order books continue to precipitate rising prices. They have however noted an increase in import licence applications for the middle of the year. This could contribute to a weakening of prices in the last quarter of 2006 continuing through to the early part of [...]

Allegheny Technologies Incorporated (NYSE:ATI) announced that ATI Allegheny Ludlum is increasing selling prices for most cold-rolled and hot-rolled stainless steel sheet and strip products, continuous-mill plate products, and duplex alloys.
The following price increases are effective with shipments beginning May 1, 2006:
Selling prices for most hot-rolled and cold-rolled stainless steel sheet and strip products are being [...]

Steel cord and wire manufacturer Bekaert SA said it is to acquire Cold Drawn Products Ltd for 17.4 mln eur.
Cold Drawn Products is a supplier of specialised shaped wires designed for offshore applications, machinery construction and the automobile industry.
The company has 170 employees spread across two plants near to Bradford in the UK and has [...]