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Archive for July 16th, 2008

Steel companies and coal mining.

I came across the following article from Tim Huber at associated press, at signOnSanDiego.com. Anyone who has followed this blog for  a length of time will know my views on the speed at which the western economies abandoned coal mines in favour of cheap imports. It’s ironic that the industry that abandoned domestic resources should [...]

Nippon Steel Raises Plate Price to Offset Costs

Nippon Steel Corp., the world’s second-biggest maker of the metal, raised prices of plate used by shipbuilders and machinery makers for the third time this year to pass along surging costs for energy, ore and other materials.
Steel plate sold through wholesalers on an immediate- delivery basis will increase 10,000 yen ($95) a metric [...]