Steel Strip

Steel, part of the fabric of daily life for hundreds of years as ploughs and pipes, guns and girders, will be traded on the London Metal Exchange from Monday, allowing producers and consumers to hedge their future business commitments.
The world’s premier platform for non-ferrous metals will begin trading futures in billets, a steel product commonly [...]

Pakistan Steel has, for the second time in 15 days, increased the prices of its various products from Rs 7,000 to 8,000 per tonne, which the steel dealers fear may further increase prices of automobiles, home appliances and other value added products. According to a survey by Daily Times, during the last [...]

PARIS (Thomson Financial) - Steelmaker ArcelorMittal said it has raised base prices for flat carbon steel products in Europe by another 40 eur per ton, taking the minimum base prices to 600 eur per ton for hot rolled coil and 680 eur per ton for cold rolled/coated products.
Quarto plate will increase by at least 40 [...]

Taiwanese authorities said Thursday they will temporarily suspend exports of steel billet and debar amid fears of shortages caused by soaring iron ore prices.
The three-month suspension, effective from March 5, is aimed at stabilising domestic steel product prices, the economic ministry said in a statement.
The ministry would also immediately impose monitoring on exports of scrap [...]