Steel Strip

Flat-rolled steel prices appear to have peaked for 2006 at least in the US. Early word has spot hot-rolled sheet prices at about $600/ton in September. This is 5% down from the average $630 in July and August—and puts proposed October price hikes from some mills in doubt. “Most people didn’t think steel prices at [...]

Inventories of steel have been piling up in customer warehouses in the U.S., creating worries of a glut and downward pressure on prices.
The rising supplies come as U.S. auto makers are cutting back domestic production, and could be a sign of weakness in some other parts of the U.S. manufacturing sector.
Service centers, which buy 30% [...]

Twenty years after Honda manufacturing began in Swindon, the Japanese company has announced increases in production and workforce at the factory. 700 new jobs are being created, and most of them are in Production, though there are also “employment opportunities” for Purchasing Specialists and Maintenance Engineers.
Honda is doing this quite simply to meet demand for [...]

 
Link to Writer Zone: Introducing Windows Live Writer
I have been blogging with Google’s Blogger and Wordpress for some time now, and the two platforms have their strengths and weaknesses. Both however require some HTML knowhow to achieve the presentation I would like, and different approaches to get there.
I recently ”stumbled” however upon Windows Live Writer, which is essentially [...]

MORGANTOWN — Workers at Mittal Steel Co.’s West Virginia plant were anxious but hopeful Wednesday after the company said it would sell the long-struggling mill in Weirton if forced to dispose of one of its U.S. operations. “We actually welcome the announcement,” said Mark Glyptis, president of the 1,200-member Independent Steelworkers Union. “We have not [...]

Anglo-Dutch group Corus was in demand yesterday as rumours of a link-up with an emerging markets steel producer continued to swirl around.
Corus has made no secret of its desire to join forces with a low-cost producer of steel slabs from one of the Bric countries (Brazil, Russia, India and China).
At a recent investor lunch, Corus [...]

China’s announcement of a cut in its tax rebate for steel exports appears to be more a symbolic gesture than a real effort to rein back the tonnages being sold abroad. It will do little to threaten China’s position as a substantial net exporter of steel.
Indeed, in the short term the move may accelerate export [...]

Steel consumption in the Russian Federation is growing strongly. The country’s mills are cutting their exports as higher prices are available in the home market.
Since it touched a low point of 14.6 million tonnes in 1998, Russian steel consumption has increased by an average of 10 percent annually. But in the first half of this [...]

Structural steels have always played an important part not only in the building industry, but in any application that demands guaranteed strengths. Over the past few years, the developement of a range of high strength low alloy steels has gone a long way to increase strengths without unduly sacrificing formability or the ease of welding. [...]

Italian Acciaieria Arvedi SpA announced that they are going to build the world’s first Arvedi endless strip production plant for the continuous production of finished steel strip at the company’s existing site at Cremona in Italy. Start up is scheduled for 2008.
The facility will produce high quality hot rolled and coiled [...]