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Steel GRIPS

Posts by Steel GRIPS

EU mill profit margins to remain low in the short term

August 26, 2010

The conversion margin between raw material expenditure and steel prices climbed steadily during 2009 from the low point early in that year. However, despite …

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Gerdau Açominas, Brazil, invests in new plate and Steckel mills

August 26, 2010

Gerdau Açominas, a company in the Gerdau Group, has ordered a plate mill and a Steckel mill. The two rolling mills will be constructed at Ouro Branco in the state of Minas Gerais, Brazil. A second strand will also be added to their existing continuous…

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Steel price volatility to remain in the short term

August 26, 2010

Over the past twelve months, steel prices have remained volatile as instability in the world financial system negatively affected market sentiment. Selling figures …

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Seasonal demand and price volatility have taken hold in the Developing Markets

August 26, 2010

In the Russian Federation, domestic metallurgical plants have continued to operate at reduced capacity. Shipments to the construction and heavy manufacturing sectors have …

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New air separating unit for ArcelorMittal Gent, Belgium

August 25, 2010

ArcelorMittal Belgium N.V. -originally named Sidmar-, signed a long term contract for the supply of it’s Ghent steel plant -originally named Sidmar-, with oxygen, nitrogen and argon.

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Water treatment plant for new steelworks in Slovakia

August 24, 2010

Slovakia Steel Mills, a.s (SSM) in Strážské, Slovakia, ordered a water treatment plant for its new steelworks. The plant will treat the water used for direct and indirect cooling.

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