Steel Strip

I spotted this over at Steel on the net
As discussions centre on crude oil prices hitting $100 a barrel this week, steel portal www.steelonthenet.com has recalculated current steelmaking costs with the latest inputs prices for scrap, electricity, coal etc. Even before the expected 2008 price increase for iron [...]

Another article I missed through taking time off at Christmas, from Deutch Welle.
After years of record growth, Germany’s key steel sector is likely to face more uncertain times as the fall in the dollar and the global credit crunch raise business risks, the nation’s steel industry association said.
Speaking to the German news agency DPA, association [...]

We spotted this video on You Tube. Interesting footage for anyone involved in the steel industry. Hope you Enjoy

Nucor Corp. has agreed to form a joint venture with Switzerland’s Duferco Group by the middle of the year.
The equal partnership will manufacture steel beams in Italy and distribute them in Europe and North Africa.
Financial terms weren’t disclosed.
"For the last few years, we have been saying that Nucor would enter into international [...]

Europe’s steel imports from China almost doubled during the first 11 months of 2007 versus the same period in 2006, the European Commission said Thursday as it continues to investigate whether China is illegally selling steel at below cost.
The European Union executive office’s figures show that China shipped 10.6 million metric tons to Europe from [...]

I was surprised to spot the following article, at a time when the steelmakers appear very "bullish" in pushing through price increases.
The global steel industry faces the possibility of its first prolonged slowdown since 2001 in the second half of the year, according to the head of Duferco, the world’s biggest steel trading company.
Bruno Bolfo, [...]