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Archive for November, 2006

Russia’s Novolipetsk in discussions with Duferco

Ok I am a bit late with this one, as the  news is almost a month old and I missed it.
 Russia’s OAO Novolipetsk Steel  is in discussions with the U.S.’ Duferco Participations Holding Ltd. to create a joint venture that would acquire certain steel production facilities currently owned by Duferco in Europe and the U.S. [...]

Global Steel Production rises by 107 million tonnes this year

World steel output continues to grow at an astonishing rate. The year, on year, percentage increase in 2006 is expected to top the gain made in 2004 and will be the largest for more than three decades.
MEPS (International) Ltd now forecasts global crude steel manufacturing this year at 1237 million tonnes. Blastfurnace iron production is [...]

EN 10132 Specifications Cold rolled narrow steel strip for heat treatment

Back in 2000 the EU issued a range of standards to rationlise the various steel classifications that applied in the individual member states. Whilst the new standards were designed to supercede the National equivalents in some countries, and particularly in the UK , steel users have been slow to adapt.
Six years on however it is increasingly [...]

MEPS Carbon steel price forecasts

The MEPS - World Average Flat Products Price should hold up in November but start to decline steadily over the next six months. We expect the figure to bottom out at a level 6.5 percent below the current value. Significant decreases in the EU and North America should be offset, to a certain extent, by [...]

Record stainless steel prices and still rising

 According to the latest MEPS report, stainless steel prices which are at a record high, are set to rise further.
 
Stainless steel prices have reached record levels, and look set to advance still further in the next few months. Including raw material surcharges, MEPS transaction prices for cold rolled 304 in Europe and North America now [...]