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Steel GRIPS

Posts by Steel GRIPS

Imposed iron ore contracts will have a negative impact on the recovery of the global economy

April 1, 2010

The steel industry expressed renewed concern at the inevitable consequences of imposed pricing settlements and possible abuse of dominant positions by the main iron ore suppliers.

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Slabs and beam blanks on the same caster

March 30, 2010

At Peiner Träger GmbH, Germany, the first slabs have been successfully cast on an combination continuous caster, followed by the casting of beam blanks after the section-size change.

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Global steel prices continue to trend upwards

March 30, 2010

The latest business in the US has been settled at marginally higher transaction values than in February. Producers are pressing for further increases next month, citing their growing input expenditure. They are claiming …

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EAF and a water treatment plant for Dneprospezstal, Ukraine

March 30, 2010

JSC Electrometallurgical plant “Dneprospezstal” named after A.N.Kuzmin, Zaporizhia, the Ukrainian special steel manufacturer, placed an order for an electric arc furnace, complete with water treatment plant …

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NLMK upgrading hot rolling mill

March 30, 2010

NLMK Steel, Russia, resumed upgrading activities at continuous reheating furnace No.3 used for heating up billets to forging temperature before hot-rolling. The capacity of the furnace …

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Northern European steel prices rise despite ongoing weak demand

March 24, 2010

Producers in the Nordic region and others supplying northern Europe have pushed through significant hikes in flat steel prices and are hoping to achieve more, despite scant evidence …

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