Steel Strip

 Meps have issued a new Steel roundup, on steel demand, supply and pricing
We are now seeing the beginning of the seasonal summer slowdown in demand in the US. In addition, those domestic producers heavily involved in the auto sector are finding it more difficult to fill their order books. The rate of steel transaction price [...]

ArcelorMittal, the world’s number one steelmaker, reported second-quarter results far above analysts’ expectations on Wednesday as it managed to pass on rising raw material costs despite the growing economic gloom.
”These new record-high results are far above what could be expected,” said BHF Bank analyst Hermann Reith, adding that the analyst community had underestimated ArcelorMittal’s [...]

It is reported that a fire broke out Nippon Steel Corp’s plant at its Yawata Works at Kitakyushu in southwest Japan. There are no reports of injuries. A spokesman said the fire, which was discovered at 6:37 AM apparently began at a conveyer belt before spreading to the building. [...]

Higher tariffs and an export quota system are not doing enough to keep Chinese coal and steel supplies at home, the customs administration said, saying the system should be improved.
Chinese companies, facing a domestic shortage, should also establish overseas coal supply bases and ensure stable supply by signing long-term contracts, customs said in one report, [...]

Whilst investigating costs on importing Steel from the USA, I came across a company that offer cost effective solutions.
As heavy payload shippers, you may be only too aware that both UK and/or US legal road weights are restricting you from maximising your container payload weights. ICE Transport co. Inc is a market leader in [...]

Moody’s Investors Service has retained its stable outlook for the European steel sector despite the global economic slowdown, since improved pricing power means firms can pass on higher costs to customers. Moody’s Investors Service in a statement said that the outlook represents Moody’s forecast of fundamental credit conditions in the sector over the [...]

It is reported that Germany’s biggest steel consumers banded together last week to send a warning to producers that high prices are driving a dangerous wedge between them. A group of seven German industry associations in a joint statement said that "In the past, the partner like relationship between our members and [...]

The EU flat products’ market continues to be characterised by supply tightness and rising prices in a climate of relatively flat demand. The availability of competitively priced steel from third countries remains at a low level. Meanwhile, ArcelorMittal announced a further increase on strip mill products of around €50 per tonne for new bookings for [...]

Platts reported that standard cut to length steel plate in the US is selling for more than USD 1,330 per short tons as compared with USD 1,240 per short tons on June.
Sources at plate mills as well as buyers at processing and distribution centers said that demand for plate remains at very high levels [...]

A video clip providing a basic understanding of heat treatment of metals and alloy structures. A description of crystallography and crystallization changes that occur and how they affect the properties of metals and alloys.