Archive for July, 2011
MEPS German Steel Price Report
Most consuming sectors of hot rolled coil are healthy with the exception of the pipe making industry, which is weaker than the others. The steel companies, seeing that demand was not huge, have revised their figures downwards to a greater extent than was anticipated by several buyers. Stocks at the service centres are relatively low. [...]
Posted: July 19th, 2011 under Steel Prices, steel strip.
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UK manufacturing growth ’stalling’
UK manufacturing sector growth fell to its lowest rate for 21 months in June as new orders declined, a survey says.
The Markit/Cips manufacturing purchasing managers’ index (PMI) for June fell to 51.3, down from May’s downwardly revised measure of 52.0. A figure above 50 indicates expansion.
Markit said that growth was "stalling", with weak domestic [...]
Posted: July 2nd, 2011 under Manufacturing News.
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WSA 2011 steel production statistics
The World Steel Association (worldsteel) has published the 2011 edition of World Steel in Figures. It is now available on worldsteel.org.
2010
2009
1.
China
626.7 mmt
China
573.6 mmt
2.
Japan
109.6 mmt
Japan
87.5 mmt
3.
United States
80.5 mmt
India
63.5 mmt
4.
India
68.3 mmt
Russia
60.0 mmt
5.
Russia
66.9 mmt
United States
58.2 mmt
Total world production was 1,413.5 mmt in 2010, up from 1,230.9 [...]
Posted: July 1st, 2011 under Steel News.
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Steel cartel accused of defrauding Deutsche Bahn
Prosecutors are investigating dozens of people across 10 companies over allegations that they built a cartel to fix the price of railway steel and defraud national carrier Deutsche Bahn for hundreds of millions of euros.
According to prosecutors in Bochum and the Federal Cartel Office, the antitrust case may be among the biggest in decades with [...]
Posted: July 1st, 2011 under Steel News.
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