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Steel GRIPS

Posts by Steel GRIPS

EU steel prices increase despite poor market activity

March 22, 2010

Recent and anticipated escalating international raw material costs have led to sharply rising European steel prices against a backdrop of stagnant demand. At present, this is causing a real …

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Handan Iron & Steel, China, orders equipment for bar and wire rod mills

March 12, 2010

The Chinese company Handan Iron & Steel Co. ordered equipment for a bar mill and a mill train for the wire rod mill. The project is scheduled to be completed by late 2010. Handan ordered a rod outlet for the wire rod mill at the end of 2009.

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Two walking beam furnaces for Hyundai Steel, South Korea

March 12, 2010

Hyundai Steel, South Korea, has recently completed the start-up of two 235 metric tons/h walking beam furnaces for reheating …

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Dragon Steel, Taiwan, to enhance steel production

March 12, 2010

Dragon Steel Corporation, Taiwan, took the first of two carbon-steel converters at the Taichung works into operation. The second converter is scheduled …

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Metallurgy in Russia: End-2009 Annual Review

March 4, 2010

According to ROSSTAT, year 2009 metallurgical production in the Russian Federation amounted to 86.5% of the level of 2008. 2009 crude steel production in Russia decreased by 13.9% in comparison with 2008 and amounted to …

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World average stainless steel prices – Latest forecasts

March 4, 2010

orecasts are little changed from January. Rising raw material costs are expected to push world stainless steel selling figures higher in the short term, with increases predicted in …

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