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Steel GRIPS

Posts by Steel GRIPS

3-roll Block for Sumitomo Metals Kokura, Japan

October 19, 2009

Sumitomo Metals Kokura is going to replace the existing 3-roll finishing block of their specialty bar mill in Kokura, Japan by a 3-roll Block of the latest generation.

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Downturn in European steel prices is already beginning

October 16, 2009

The downward trend in steel prices, predicted by MEPS (International) Ltd. last month, has already begun for flat products in some European countries. Material has been in …

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worldsteel-43 Beijing 2009: short range outlook for steel demand

October 15, 2009

From October 12-14th, 2009, Beijing hostes the 43rd annual meeting of the World Steel Association. After last year´s meeting, when the steel industry worldwide was suddenly subjected to the global financial and economic crises, many have been longing for Ian Christmas´ updated forecast hoping for a better atmosphere.

Read his consensus forecast for world steel demand for 2009 and 2010 based on the work of the Committee on Economic Studies which met in Brussels in the middle of September.

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worldsteel Short Range Outlook

October 12, 2009

Ian Christmas, secretary general of World Steel Association, together with last period´s chairman Lakshmi Mittal, newly elected Paolo Rocca of Techint and Daniel Novegil, Chairman of the Economics Committee, issued the new short range outlook …

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Asian average carbon steel prices – latest forecasts

October 6, 2009

The Asian Average Hot Rolled Coil transaction value increased by approximately $US 10 per tonne in September 2009. Inventory levels were reasonable with shortages beginning to appear in Japan and Taiwan. This helped to keep the price trend …

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Unified planning solutions for all ThyssenKrupp Nirosta stainless steel plants

October 6, 2009

ThyssenKrupp Nirosta has successfully replaced the previous version of the planning software for the heat and caster sequence planning which had been in operation for more than ten years.

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