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Steel GRIPS

Posts by Steel GRIPS

October 2009 crude steel production figures

November 23, 2009

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 112 million tons (mt) in October 2009. This is 13.1% higher than October 2008.

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Downward trend in North European steel prices to continue

November 19, 2009

We have observed steel prices decreasing for most products in northern Europe in November. Several producers relit blast furnaces in recent weeks, having perceived an upturn in demand based on …

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EU average all products steel price dips again in November

November 17, 2009

The EU producers are currently facing low order intake as the flurry of activity in early September has tailed off now that distributors have restocked to appropriate levels. In many countries, prices have been …

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Jindal Steel & Power Ltd. orders caster for Angul site, India

November 17, 2009

Jindal Steel & Power Ltd (JSPL) placed an order for the supply of a new single-strand slab caster to be be built at Angul in the Indian state of Orissa. The machine, which will be equipped with a wide range of technological packages, will be one of the most advanced slab casters in India.

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Hans Fischer new chairman of Steel Americas´ management board

November 17, 2009

Hans Fischer (53), currently a member of the executive board of Salzgitter AG, will become Chairman of the Management Board of the Steel Americas business area effective February 1, 2010.

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Joint Venture of mining giants will result in higher prices

November 17, 2009

European steel industry asks Commission to block JV of BHP Billiton and Rio Tinto

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