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Archive for January 10th, 2008

Add your site to the Steel Search Engines

As a service to the steel community, we have been developing over the past year, two separate steel search tools based on the Google and and Swicki engines.
They differ from traditional searching tools in that they only search specific sites. This offers the advantage of the results being far more relevant, as we can [...]

Arcelor Mittal to Supply Automakers in Russia:

President Akio Mimura said Thursday Arcelor Mittal SA of Luxemburg will supply steel sheet and other steel products to Japanese automakers starting operations in Russia.
“It is natural that Arcelor Mittal, to which Nippon Steel gives technical assistance, supplies steel products to Japanese automakers operating in Russia,” Mimura said in an interview.
The world’s major automakers are [...]

Canada lifts anti-dumping duties on Russian and South African plate

The Canadian International Trade Tribunal has lifted anti-dumping duties on hot-rolled steel plate from South Africa and Russia, saying they aren’t likely to harm Canadian steel producers.
However, the tribunal said anti-dumping duties will continue on hot-rolled steel plate from China.
Under international trade rules, dumping occurs when products are exported or sold in another country [...]

Alphasteel enters administration

I am a little late with this one as the news broke just before Christmas!
Anyway Steel maker Alphasteel has gone into administration, leaving a question mark hanging over about 350 jobs in south Wales.
Receiver Begbies Traynor is trying to find a buyer for the Newport-based group after Swiss-based owner Satico said it was no longer [...]

AK Steel increases carbon steel prices

 AK Steel announced yesterday that it would increase it’s carbon steel prices by $50, this is an addition to a previously announced price increase of $30.
The price increase will take effect from shipments on the first of February.
Increased demand and costs are cited as the reason for the increase.
 
Technorati Tags: Steel Prices

China’s steel output subsidised?

China’s steel output gains over the last few years have been aided by "massive" energy subsidies, according to a report commissioned by the Alliance for American Manufacturing (AAM).
Energy subsidies to China’s steel sector from 2000 to mid-2007 were estimated at 27.1 bln usd.
The report said the subsidies include support for thermal and coking coal, electricity, [...]

POSCO expects strong global steel market in 2008

 
SEOUL, Jan 10 (Reuters) - POSCO the world’s fourth-largest steel firm, said on Thursday that the global steel market will remain strong in 2008 due to healthy demand from fast-growing emerging countries. The South Korean steel maker ( also said in a statement it expected its struggling stainless steel business to recover in the first [...]

Hardened and Tempered Steel Strip

Hardening and Tempering is a thermal process that strengthens steel through a controlled heating and cooling process Hardened and tempered steel strip, is used in many applications including saws, cutting tools as well as springs.
This process will result in improved mechanical properties and give a tougher more durable product. The hardening process involves heating the [...]