Steel Strip

The record average nickel price in February at above $US41,000 per tonne will result in substantially higher alloy surcharges for austenitic grades of steel in the near term. In the US, the surcharge for type 304 cold rolled coil will top $US3,700 per tonne in April. A different method of calculating the surcharge applies in [...]

Steel Guru, along with Siderweb SpA Brixia Expo are organising the second Made in Steel expo conevntion in Brescia from the 22nd to the 24th of March. Further details (including provisional  exhibitors), can be found by following the link below.
Link to Steelguru

 
Technorati tags: steel conference, Italian Steel companies.

 
SeverCorr will start up its tandem cold-rolling mill April 1, John Correnti, CEO said Tuesday at the Port of Tampa’s 18th annual steel conference. Correnti said his Mississippi-based mini-mill is already purchasing limited tonnage of hot-rolled coil and has already started the pickling and oiling line. He added that he’s now buying hot-rolled from Ohio-based [...]

Nearly 500 jobs have been safeguarded after one of the UK’s last remaining deep coal mines was sold.
Maltby Colliery, near Rotherham, South Yorkshire, has been sold by UK Coal to one of its biggest customers, Hargreaves Services, for £21.5m.

Link to BBC NEWS
 
As an ex Rotherham lad, I am pleased to see that Maltby colliery [...]

I have been seeing reports for the past month of price rises in Europe, India and China. The latest MEPS report notes that Nucor are increasing prices from March by $US20 on the back of rising costs and increasing demand, particularly for hot rolled. Pressure is building up on Canadian prices too, with imports reducing.
The full report [...]

Following their announcement on steel strip prices , Corus have announced a price increase of up to 10 % on long products for the second quarter. More specific details will be announced later.
I assume that Tata have to pay for the purchase somehow.
 
Technorati tags: steel prices, Corus, long products

Some time ago, I designed and implemented a couple of web forms, to make it easier for people to send enquiries directly from the browser without having to start up their email client.
For a long time it worked well, until that is the spam bots found it. Now I can receive dozens of “enquiries” a [...]

Corus has raised its Hot/Cold-rolled and Coated Prices in the EU ranging from 5 to 7 per cent for the second quarter 2007 deliveries. The decision to increase the prices is a reflection of favourable market conditions.The Anglo-Dutch steel company was last month acquired by India’s Tata Steel.
 
Technorati tags: steel strip, steel prices, Corus

SEVERSTAL, the Russian steel group, has approached Tata Steel with a £1bn ($1.95bn, €1.48bn) offer for Corus’s Scunthorpe plant, Britain’s biggest remaining steelmaking operation.
The move, confirmed by two separate sources, follows Tata’s victory over Brazil’s CSN in the £6.7bn auction for the Anglo-Dutch steelmaker.
It would mark the first entry into British steelmaking for Alexei Mordashov, [...]

AK Steel said Wednesday that it will increase spot market prices for its carbon steel products by $40 per ton for all new orders accepted for shipment on April 1, 2007 and later. 
According to a statement released by AK Steel, the price increase is in response to increased demand for carbon steel products, as well [...]