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Archive for June, 2011

New owner for Steel Business Briefing

The McGraw-Hill Companies, Inc., today announced that Platts, a division of McGraw-Hill and a leading global provider of energy, petrochemicals and metals information, has signed an agreement to acquire the Steel Business Briefing Group (the SBB Group), a privately held U.K. company and leading provider of news, pricing and analytics to the global steel market.  [...]

EU strip prices slip whilst long products remain strong

MEPS Report :Flat coil products prices continue to decline in northern Europe. Selling values in the Nordic countries have fallen by a greater amount than those in the rest of the continent this month, bringing them closer together. Demand is steady at a relatively low level but, inevitably, sales will slow around the summer holiday [...]

EU steel tariffs imposed on China

The European Union imposed tariffs as high as 71.5 percent on steel pipes from China to help EU producers including Salzgitter AG compete with cheaper imports.
The duties punish Chinese exporters such as Changshu Walsin Specialty Steel Co. for selling stainless steel seamless pipes and tubes in the EU below cost, a practice known as [...]