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Archive for May 4th, 2006

AK Steel breakthrough in lock-out?

AK Steel, which locked out nearly 2,700 union workers at its Middletown Works more than two months ago, said Wednesday it has a tentative agreement on a new contract with its approximately 200 hourly production and maintenance workers at its Zanesville Works.
The agreement, which would replace the contract that expires May 20, is subject to [...]

New “top man” at NASS

A West Midlands business executive has been appointed as new president of the National Association of Steel Stockholders after two decades in the steel industry.
Bob Law will carry out the role, which is based in the association’s head office in Birmingham, alongside his current position at Arcelor UK in Solihull.
Mr Law, who lives in east [...]

Posco increase stainless price by 9%

Posco, the world’s fifth-largest steelmaker, increased the price of its stainless steel products as much as 9 percent because of the higher cost of nickel, a key raw material.
Posco raised the price of stainless steel hot-rolled coil 9 percent to 2.4 million won ($2,554) a metric ton starting May 3, Bae Hyo-seop, an official at [...]

Servosteel’s new website

It is rare for me to come across a steel related website that manages to combine an attractive layout and presentation with easy access to all the information a visitor could possibly want.
Well I have found a great example at Servosteel’s new website. The home page is nicely designed and provides clear access to all [...]

Latest Steel Strip price report

MEPS are reporting that tightening steel supplies in the US are starting to concern service centres and end users alike. This has led to a $20 increase upon which rising import volumes have yet to impact. It is thought that mill-side supply controls are a more significant factor than higher demand. The situation in Canada [...]