Steel Strip

The tensile strength of steel can be quoted on a number of imperial and metric scales. The factors below are useful for converting.

One newton per square mm is equal to :-

Metric

bar

10

kilopascal

1000

hectopascal

10000

megapascal

1

millibar

10000

pascal

1000000

kilogram per square centimetre

10.19716

kilogram per square metre

101971.6

newton per square metre

1000000

kilonewton per square metre

1000

meganewton per square metre

1

newton per square centimetre

100

British and U.S. (Imperial system)

thousand pounds [...]

EU STEEL COIL PRODUCERS FACE HIGHER INPUT COSTS AS DEMAND COLLAPSES
Market sentiment has been knocked by the recent economic turmoil and sovereign debt issues in the eurozone. Strip mill product prices are fairly flat this month. Domestic producers are still keen to lift basis values significantly for the third quarter. However, most steel consumers and [...]

TATA Corus has increased transaction prices for reversing mill plate by GBP 60 per tonne on all new orders from June 4. It said “The increase is driven by further rises in raw material costs and continued improvements in demand for steel plate.” M Paul Parkins, Corus Commercial [...]

Hot on the heels of the recent announcement by ArcelorMittal of possible steel production cutbacks, Bloomberg are reporting discussion of cuts in China:
Chinese steelmakers are likely to cut production in the third quarter because of “weak” demand from auto and appliance makers, according to the nation’s second- biggest mill.
Slower demand may prompt smaller makers to [...]

ArcelorMittal, said on Thursday it was considering halting up to three European blast furnaces (BFs) in the third quarter to meet lower demand. "In Europe the third quarter is characterised by lower demand due to summer vacation shutdowns.
In order to be prepared ArcelorMittal is technically in a position to reduce its production by stopping [...]