Archive for November, 2007
German Steel prices, hot rolled coil
This year’s MEPS German Hot Rolled Coil average price is forecast to be 10 percent above the 2006 figure. This will be a new record high and the first time the annual value will top €500 per tonne. Over the course of 2008 the figure is predicted to move up another 2.5 percent to above [...]
Posted: November 15th, 2007 under Steel News.
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China urges EU to rethink steel dumping measures.
The Chinese government has urged the European Commission to tread cautiously over the recent anti-dumping complaints from European steel mills, and resist implementing anti-dumping measures against Chinese steel product imports, according to a Ministry of Commerce (MOFCOM) statement released. The statement came after Eurofer, the European Confederation of Iron and Steel Industries, submitted anti-dumping complaints [...]
Posted: November 12th, 2007 under Steel News.
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ArcelorMittal pays $647m for stake in Chinese Steel Company
ArcelorMittal, the world’s biggest steel company, has expanded its presence in China by acquiring a minority stake in a steel mill in northern China for $647m. ArcelorMittal on Wednesday said it had bought a 28 per cent stake in Hong Kong-listed China Oriental Group, whose main asset is a mill in the northern Hebei province [...]
Posted: November 9th, 2007 under Steel News.
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Small quantities of Spring Steel
BSS are pleased to announce, that in collaboration with our partners in the UK we are now able to offer annealed and hardened spring steel in quantities as low as a few kilos.
Subject to availability,we can supply in strip or coil from our extensive stocks.
Call us on 01952 290313 or email steve@steelstrip.co.uk
Technorati Tags: Steel [...]
Posted: November 7th, 2007 under Steel News.
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Latest MEPS Steel Price Forecasts
We maintain our belief that average world flat products prices will rise steadily over the next three months. Continued strengthening of the North American values as inventory building develops should offset any weaknesses in the EU and Asian selling figures. Increasing raw material costs are expected to force mills in all regions to push through [...]
Posted: November 6th, 2007 under Steel News.
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