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Archive for July 18th, 2008

Hot Rolled Coil Prices- and the SteelBenchmarker

I came across this article in a news release by the Steel Guru. I must confess that I had not come across the SteelBenchmarker before, but it would seem to be a valuable resource for steel traders and buyers. SteelBenchmarker™ is a global steel benchmark pricing system for use by steel industry participants. The products [...]

EUROFER releases economic and steel market outlook

EUROFER said that in line with earlier projections, the EU economy held up well in the first quarter of 2008 amidst weakening global fundamentals. However, indications that the EU economy will lose momentum heading into the second half of the year have become stronger. Confidence indicators cooled significantly in recent months due [...]

Indian Steel could face export ban

The Indian Steel industry could be in for another shock with the government now considering banning exports of flat steel products with a view to check rising inflation. "If the prices of flat steel products are not being kept in check, either the export duty could be increased or a ban on exports could be [...]

More steel strip price increases likely in India

Automobile makers and construction firms could face another round of cost push from next month. Taking a cue from primary steel or hot-rolled coil (HRC) makers, leading secondary steel producers, including Bhushan Steel and Uttam Galva, are also looking at raising price of cold-rolled coils (CRCs) and galvanised sheets by 15-20% next [...]