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Archive for March 25th, 2008

Small quantities of spring steel strip.

BSS Steel Strip has recognised the demand from small engineering, fabricating and laser cutting companies for small quantities of spring steel.
To serve this market we are able to offer a range of spring steels from 0.05mm (.002") to 3.25mm (0.128") in the hardened or annealed condition, suitable for blanking, drilling, laser cutting etc.
We recognise [...]

Severstal Buys U.S. Mill for $810 Million

Severstal, Russias largest steel maker, will expand its U.S. presence with the $810 million acquisition of the Sparrows Point mill in Maryland, which ArcelorMittal is selling for antitrust reasons.
Severstal said Friday that it expected to close the all-cash deal to buy the former Bethlehem Steel unit in the 2008 second quarter. The additional capacity [...]

Steel Shares Rise

NEW YORK — Shares of steel companies climbed Monday, amid announced and predicted price hikes that reflect both tightening supply and increasing demand for the commodity.
AK Steel Holding Corp. said it will increase spot market prices for its carbon steel products by $50 per ton for all new orders, effective immediately.
The company said that the [...]