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Archive for February 5th, 2008

Tata to spend £60m on steel site

INDIAN conglomerate Tata yesterday gave the biggest indication yet that the future of the Port Talbot steelworks is secure after making a £60m investment in the plant.
The investment by subsidiary company, Corus Strip Products UK, will be made in energy management technology at Port Talbot steelworks.
It will reduce carbon dioxide emissions at the site through [...]

ArcelorMittal Announces an Increase of Its Flat Carbon Steel Prices in Europe with Effect as of April 1st

After having kept steel prices stable for 9 months, flat carbon steel prices will increase by 12- 15 %, establishing a new base price level of 560 E/t for hot band. For Commercial Grade Plates a price increase of 50 E/t will apply. Further price increases might be necessary in the course of the 2nd [...]