Steel Strip

 Meps are reporting falling steel prices around the world, with the US operating at 65% percent capacity and continuing high stock levels at Service centres.
In Canada producers are extending the annual winter shutdowns.
Prices continue to fall in China as demand in downstream markets collapse.
Demand in Japan and Korea continues to fall and prices deteriorate.
Eastern sales [...]

ThyssenKrupp, one of the world’s leading producers of stainless steel, will extend the Christmas holiday break at its largest stainless cold-rolled unit, Germany’s Nirosta, a spokesman said on Tuesday.
"Normally we have anywhere between 10 days to two weeks break, but this year it will be four weeks," he said.
The decision affects its German sites in [...]

Tata Steel has announced a donation to the University of Cambridge to endow a professorship in Metallurgy to support fundamental research into steel.
The university announced that the professorship is named Tata Steel Professor of Metallurgy.
The first steel expert to hold the post is Indian-origin Professor Harry Badeshia, a noted expert in physical steel [...]