Steel Strip

Arcelor-Mittal, the world’s largest steel company, said it will begin temporary output stoppages at several flat steel sites in Europe, in response to rising inventory levels among customers.The company will delay a blast furnace restart at its Dunkirk, France factory by two weeks, while maintenance work at a furnace in Aviles, Spain, will be carried [...]

 
A recent aricle over at MEPS regarding the likely takeover of Corus by Tata Steel, goes on to observe that whilst this year has seen consolidation within the steel industry “pick up pace”, the Industry is still largely fragmented.
It is in Asia, and particularly in China that large overall steel capacity is spread across a large [...]

Our old friend and British ex-pat Paul Woodhouse is looking for a fabrication shop around Cleveland Ohio, who can manufacture a range of metal planters. Paul has promoted a range of products for Butler Sheet Metal through his Tinpot Alley site, with some success and has identified an opportunity for these products in the US.
Any interested party should contact him [...]

 An Interesting observation from MEPS, regarding flat steel prices in Europe.
 
Prices for flat rolled steel products in the European market are showing widely divergent trends this month. A steep gradient has emerged – prices get progressively stronger as you move from south to north. Prices are falling in Italy but rising in Germany and Scandinavia. [...]

Found courtesy of our friends over at The Future is Forming , we can point our readers to a document just released by the International Iron & Steel Institute covering the formability and joining issues encountered with advanced high strength steels.
Steels are constantly being developed with higher strengths to ensure integrity combined with low component [...]

India’s Tata Steel is examining the books of European steelmaker Corus PLC to decide on whether to make a formal takeover bid, an official familiar with the matter said Wednesday, a day after the two companies said they were discussing the matter.
Meanwhile, credit rating agency Standard & Poor’s warned that the move involved financial risks [...]

A heated dispute over the future of U.S. manufacturing hits a federal trade panel today, which will hear arguments from steel companies and automakers on whether tariffs on certain types of steel widely used in cars and trucks should be removed.
The debate pits six large automakers against the three largest U.S. steel companies, each using [...]

Reuters have reported that Tata steel could be about to make a $9 billion offer for the Corus group, at the end of October. No official word from either company yet.
Top Business News | Reuters.com
 
Technorati tags: Steel, Steel News, Steel International

Leading anti-spam operation, Spamhaus is threatened with losing its domain name, which would effectively put it out of business. The challenge comes from a company that says that blacklisting by Spamhaus had caused it lost business and jobs.
In September an Illinois court awarded e360 Insight damages against Spamhaus to the tune of $11,715,000 and [...]

Tata Steel and Corus are considering a merger as opposed to a takeover of Corus by Tata according to Forbes.
The report suggests a final decision may be made by the companies next week. 
Link to 
Technorati tags: steel, steel news
report - Forbes.com