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Archive for April, 2010

Steel Strip prices rising rapidly

The latest MEPS report, shows rapid price increases
Despite relatively low activity levels and poor final demand, flat product steel prices are ascending rapidly. This trend is likely to continue into the third quarter as period two is virtually sold out at most European mills. Producers are justifying the increases on the grounds of their escalating [...]

The UK Automotive Industry

Despite years of decline, the UK Automotive Industry, continues to be a vital part of the UK’s manufacturing Industry.
The UK is the fourth largest automotive manufacturer in Europe, building two million engines and one million vehicles in 2009 according to new figures from the Society of Motor Manufacturers and Traders.
More than two million engines and [...]

British manufacturing is important, come on politicians, what’s your view?

The following article by Roger Bootle appears in Today’s Telegraph
This is a far cry from the days when it was widely believed that British man could live by services alone. But it is now part of the zeitgeist. Since the financial crisis erupted, there has been a persistent strain of comment to the effect that [...]

New jobs announced at South Yorkshire Corus sites

The BBC Reports:
Steel giant Corus is taking on 160 new staff at its plants in South Yorkshire.
The announcement comes less than a year after a slump in demand forced the company to announce 2,000 job cuts at its sites across the UK.
Corus said 110 people would be recruited in Stocksbridge and 50 in Rotherham [...]