Archive for May 1st, 2007
AVERAGE NICKEL CONTENT IN STAINLESS STEEL IN DECLINE
Meps are reporting that the price of Nickel is casing buyers to seek alternatives
High nickel prices are prompting buyers of austenitic stainless steels to actively seek alternative grades or other materials. The benefits of life cycle costing are diminishing. However, much of the substitution is taking place within the stainless industry but coated carbon steels [...]
Posted: May 1st, 2007 under Steel, Steel News, Steel Prices.
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Hamilton mill gives Stelco loss
Stelco Inc. reported a firstquarter loss late yesterday as record production at its Lake Erie operations was offset by continued “significant losses” at its Hamilton Steel unit. The steelmaker said it lost $39-million in the quarter ended March 31, compared with a loss of $145-million in the fourth quarter of 2006. Stelco did not give [...]
Posted: May 1st, 2007 under Steel News.
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