Steel Strip

India’s largest steel maker, Tata Steel has signed a $5 billion joint venture investment agreement in Vietnam to set up an integrated steel complex with 4.5 million tonne capacity.
Tata Steel will own 65 per cent stake in the joint venture, while Vietnam Steel Corporation gets 30 per cent and the remaining 5 per cent [...]

POSCO, the world’s No.4 steelmaker, said on Tuesday it would cut stainless steel prices by up to 10 percent, reversing two earlier price hikes this year, as prices of nickel, a key input in the alloy, slide. The decision follows a 25,000 tonne output reduction in July and a similar cut this [...]

A nice video made by Thyssen Krupp
[youtube]http://www.youtube.com/watch?v=qE9XzA92qjU[/youtube]

CARDIFF University and Corus have joined together to launch a £1.2m Centre of Excellence to research specific engineering topics.
The partnership will involve medium and long-term research and the provision of training for their process engineers and technicians to further improve the competitiveness of the steel industry in Wales, initially over a three-year period.
Based at Cardiff [...]