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SteelGRIPS

Asian average carbon steel prices – Latest forecasts

June 4, 2010

An increase of approximately $US40 per tonne was recorded – Asian All Products Composite steel price in May. Advances were noted in …

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Improving the utilization in bar rolling

June 3, 2010

With increasing cost for energy, manpower and utilities, it becomes essential to keep a high utilization of bar and wire rod mills. Especially since the capital cost for a mill is strongly dependent on the output, and thus for a given mill, the utili-z…

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GMH Holding takes over MWL Brasil

June 2, 2010

Georgsmarienhütte Holding GmbH acquires MWL Brasil Rodas & Eixos Ltda. of Caçapava, São Paulo. The specialists for train wheels and axles produces forged wheels, wheels sets and axles for railway technology.

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Record global stainless steel production forecast in 2010

June 1, 2010

Global crude stainless steel production for 2009 turned out at 24.6 million tonnes, a fall of 5 percent compared with 2008.
Total output for the first quarter of this year is now estimated at almost …

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Steel price uncertainty returns to the developing markets

June 1, 2010

Turkish long product steelmakers have lowered their price demands. The retreat was brought about by adverse trading conditions. Current prices levels in the domestic market have …

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North American average steel prices set to decline in second half of 2010

June 1, 2010

Although US transaction prices have started to erode this month, some mills are still claiming full order books. Nevertheless, buyers appear to be more …

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