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Archive for March 5th, 2007

Corus to become Tata Steel’s subsidiary in April

The Anglo-Dutch steel giant Corus will be delisted from the stock exchanges and become a subsidiary of Tata Steel next month after its shareholders approve the Indian company’s takeover proposal.
Tata Sons chairman Ratan Tata, who would also head the European company after the transaction is completed, today said an integration committee would be formed to [...]

Careers in Steel

The Worldwide steel industry is undergoing something of a renaissance, and whilst the number of people employed in the industry in the West may have declined, expansion continues in the East and modern steel manufacturing techniques demand a well trained and motivated workforce. As well as engineers, operatives and metallurgists, the steel industry employs all [...]

AK steel increases carbon hot rolled steel prices

AK Steel announced on Friday, 2 March that it will increase spot market carbon hot-rolled steel prices by $30 per ton, and cold-rolled and coated steel prices by $20 per ton, for all new orders accepted for shipment on and after April 1, 2007. These increases are in addition to two previous price increases totalling [...]