Steel Strip

European steelmakers called Friday for EU regulators to block BHP Billiton Ltd’s takeover of mining rival Rio Tinto PLC, saying the deal would allow a new iron giant to fix prices for steel’s key raw material.
Eurofer, the European Confederation of Iron and Steel Industries, said it ”cannot believe that the (European) Commission will authorize the [...]

Steel Price forecast from MEPS
US transaction prices continue to shoot up as the substantial hikes, planned by the mills for June deliveries, are implemented. Further sharp increases have been announced by a number of producers for third quarter business. This is despite a generally weak economic environment. Companies are only purchasing for their immediate requirements, [...]

Steel prices having been rising (and continue to rise) at record rates this year. A few in the industry are speculating about a possible fall in the fourth quarter. We spotted this item over at Purchasing.com.
Analyst says steel prices may melt this summer
But the mills are pushing for even higher sales prices
By Tom Stundza — [...]

Taiwan’s top steel maker said today that they were to increase domestic steel prices by 17.8% in the 3rd quarter to reflect higher raw material costs and demand.
The raise, missing the 20 percent rise expected by investors, comes after some rivals such as POSCO had increased prices by 20% in April.
Technorati Tags: Steel Prices,Taiwan,China steel

Honda Motor Co’s  chief executive said on Thursday the Japanese automaker had been asked to pay more by a U.S. steelmaker despite a contract agreed earlier this year, and added he feared other suppliers may follow suit.
Global steel prices have soared on tight demand, with brisk orders for construction machinery, ships and energy-related products in [...]

BSS Steelstrip has moved. We are now located in Rotherham, South Yorkshire and can be contacted on 01709 324379 fax and email remain the same.
We still offer hot and cold rolled steel strip, and specialise in spring steel strip.
Technorati Tags: BSS Steel Strip,Steel Strip,spring steel strip.

For some time now we have provided a steel search using the Swicki engine provided by Eurekster.
We have noticed that the link has not been working for a few days now, and came across the following article, an extract from which appears below :-
Social/wiki search engine provider Eurekster has been down for the past [...]

A businessman says small manufacturing firms in the Black Country are at risk because of the soaring cost of steel.
Robert Marshall, who runs J H Marshall Pressings, said the Wolverhampton firm and its competitors were having to pass the cost on to customers.
He said it meant customers of his and other metal component [...]

Yet another challenge has emerged for the automotive industry: rapidly rising steel prices.
The price of hot rolled steel has increased from just over $500 a ton in November to $1,080 per ton Thursday.
Prices are soaring because of increasing global demand despite a level supply of raw materials used to make the metal, as well as [...]

Steel producer Corus, part of industrial giant Tata, said it is raising base prices for quarterly strip steel contracts in continental Europe.
Corus Strip Products will increase prices by a minimum of 130 euros per tonne from July 1, Corus said in a statement.
The group blamed tight market conditions and ‘extreme cost increases for raw materials’.
‘At [...]