Steel Strip

Well if you live in Hanover!
EuroBLECH 2006 will be held from 24th to 28th October 2006. Occupying a greater hall area than before, some 1,400 exhibitors from over 40 countries will be introducing the latest technologies for sheet metal processing.
Checking out the exhibitors, it seems that this year will be well attended, by steel suppliers, [...]

German industrial union IG Metall said on Monday it plans to extend warning strikes in the country’s steel industry into the east of the country in protest over employers’ current wage offer.Steel workers in western Germany staged temporary stoppages late last week in defiance of employers’ offer of a 19-month contract comprising a 3 percent [...]

Canadian steel companies Algoma, Dofasco and IPSCO are pleased with a Canadian International Trade Tribunal (CITT) decision to continue a Hot-Rolled steel sheet dumping finding against Brazil, China, Chinese Taipei, India, South Africa and Ukraine, and to continue a subsidy finding against India.
The finding is a continuation of the original 2001 ruling which found the [...]

ThyssenKrupp AG issued a statement saying that Wickeder Westfalenstahl GmbH has bought back a 25.1 pct stake from ThyssenKrupp’s Steel unit for an undisclosed amount.
ThyssenKrupp said it sold the stake as part of its ongoing effort to focus on core steel production activities.
They added that its business partnership with Wickeder Westfalenstahl [...]

Severstal has announced its intention to increase its equity stake in Lucchini SpA to 70.82% by purchasing, from a company controlled by Mr Mordashov, a 50.82% equity stake for a total consideration of Euro 550 million consisting of a cash component of Euro 182 million and balance by assumption of debt, in addition to the [...]

A coalition of US based automotive manufacturers has called for an end to import tariffs on corrosion resistant steels. The group which includes General Motors Corp., Toyota Motor Corp., Ford Motor Co., DaimlerChrysler AG, Honda Motor Co. and Nissan Motor Co. claim that the tariffs are making it difficult to remain competitive in the face [...]

A nonpartisan business coalition of management and labor has launched an ad campaign asking voters to back candidates willing to save manufacturing jobs.
Stand Up for Steel began airing print and radio ads Tuesday asking candidates to step forward if they are willing to protect American workers by enforcing trade laws the coalition claims are currently [...]

The number of US steel import licences are expected to decline further in September, having shown a near 10% decline in August compared with the previous month, a steel analyst predicted.
Michelle Applebaum Research noted that figures from the Import Administration’s Steel Import Monitoring and Analysis System showed that steel import licenses for August retreated by [...]

Problems commissioning equipment at Anglo-Dutch steel’s giant Corus’s South Yorkshire engineering steels plants have cost the company £35 million in the first six months of the year.
The group says it is making savings as a result of the £100 million investment and restructuring programme which resulted in the loss of more than 700 jobs at [...]

ThyssenKrupps recent announcement of a project for a new steel plant in the USA has caused some concern amongst the existing producers. The plan (which is tied in to aquisition of Dofasco) could add some 4.5 million tons to the supply chain of which 1 million would be stainless.
Whilst the US producers are currently working [...]