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Steel GRIPS

Posts by Steel GRIPS

North American averae stainless steel prices – latest forecasts

July 9, 2010

As predicted, North American stainless steel transaction values moved up considerably in early June. These rises were due to hikes in alloy surcharges of …

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North American average steeel price drops 6.7 % in June

July 9, 2010

US mill order books are soft and delivery lead times have fallen to four weeks. Demand is slowly reducing, which is to be expected at this time of the year. Transaction prices have dipped in response to …

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Jumbo-size meltshop starts operation at Tokyo Steel, Japan

July 9, 2010

Tokyo Steel has successfully started up the world’s largest EAF at Tahara Plant, close to Nagoya City, in Honshu Island, Japan.

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Asian Average stainless steel prices – latest forecasts

July 5, 2010

Asian Average stainless steel transaction values dropped in June. This was the first reduction since October 2009 and occurred …

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ShanDong Fulun orders two high-speed wire rod mills

July 2, 2010

ShanDong Fulun Iron & Steel Company Ltd., Laiwu City, China, has
ordered two highspeed wire rod mills. Each mill achieves an annual capacity of 700,000 t of …

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Global steel price falls 5.1 percent in June

July 1, 2010

After climbing steadily for months, US flat product transaction values have started to decline as the market slows for seasonal reasons. Although domestic steelmakers’ production and capacity utilisation have continued to grow in recent weeks, sluggish…

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