Archive for September 11th, 2008
Show of steel from Forgemasters
MORE than 1,100 tonnes of molten steel will be used to create two massive castings which will equal the largest ever made in Europe.
Sheffield Forgemasters, the heavy engineering specialist, is casting the components – weighing a staggering 340 tonnes each – for German client SMS Meer. They will be used in some of the world’s [...]
Posted: September 11th, 2008 under Steel, Steel News.
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Global hot band prices continue on downward trends
SteelBenchmarker reported that the US hot rolled band spot price for September 8th 2008 fell by 3.2% to USD 1,122 per ton, FOB the mill for the third consecutive time, world export HRB price plunged by 4.9% to USD 1,006 per ton FOB the port of export, for the third consecutive time, Chinese HRB ex [...]
Posted: September 11th, 2008 under Steel International, Steel Prices.
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Turkey to launch an investigation on steel price hikes
Price increases in iron and steel, the building blocks of the construction sector, have prompted Turkish finance Ministry to launch an investigation into the industry. As per report, an inquiry into tax evasion and inventory auditing practices has been started following a preliminary report on the iron and steel sector prepared under [...]
Posted: September 11th, 2008 under Steel International, Steel News, steel strip.
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