Steel Strip

Steel futures began open outcry trading on the floor of the London Metal Exchange (LME) on Monday, taking the conservative US$800-billion industry into what many traders hope will be a new era.
Trading in steel billets started almost as soon as LME commercial director Liz Milan rang the bell to start the session on Europe’s last [...]

The team at http://www.steelonthenet.com/ have for some time considered that - with no iron ore, a dependence on imported coal, high energy costs and expensive labour - there was little chance that UK iron and steelmaking would survive long-term. This view was reinforced by recent EU legislation concerning CO2 emissions, which can only result in [...]

Despite the increasing weight of cars on our roads, steel continues to remain the preferred body structure material for vehicle construction.
In fact, steel was used in the manufacture of 99% of all new cars in 2007.
Professor Jon King, Director of Corus Automotive Engineering gave a lecture on the subject at the IMechE "Lightweighting for carbon-free [...]

This article appears on today’s Telegraph.co.uk site
If America and Japan are in recession, nobody told the steel market. The price of hot-rolled coil used in cars and trucks has risen 40pc since Christmas, reaching a record $1,003 a tonne last week. Billet steel used in buildings has doubled to $965 since the credit crunch began [...]

Steel prices have almost doubled in the past year as steelmakers have passed on big increases in the costs of iron ore and coking coal to consumers.
The jump threatens to create fresh problems for manufacturers and stoke inflationary pressures in emerging markets where demand is high, driven by urbanisation in China and infrastructure spending elsewhere [...]

 
The European steel industry must be defended against the dumping of subsidised products from overseas. The call came at a dinner at Corus in Scunthorpe, attended by more than 670 people from all over Europe. They were members and guests of the Lincolnshire Iron and Steel Institute (LISI), which was holding its 75th annual dinner. [...]

German companies are riding the crest of a boom in world steel demand, with increased sales also helping propel big increases in the workforce, the first in 35 years in that industry in the country. Hans Juergen Kerkhoff, president of the Steel Business Association, issued the figures at the Hanover Fair, the [...]

Though it may not always get the acknowledgement it deserves, steel is a vital element of our everyday lives. Cars, ships, buildings, bridges, aerospace; all manufacturing industries rely on steel for machinery and even those industries that make other materials such as glass, plastics and aluminium, all use steel.
Steel didn`t really become a major [...]

Anglo-Dutch steelmaker Corus has announced price increases for reversing mill plate and structural sections, in response to higher costs for raw materials and energy.
The company, which is owned by India’s Tata Steel Ltd, said that basis prices for reversing mill plate will rise by 60 pounds a tonne for deliveries from June 1. Prices for [...]

AK Steel Holding Corp. said Wednesday it increased spot-market prices for its carbon-steel products by $50 a ton for all new orders.
The move follows a $150-a-ton increase earlier in the month.
The West Chester, Ohio-based carbon and steel producer said the price hike is in response to increased demand for carbon steel products and the need [...]