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SteelGRIPS

Stemcor got credit line refreshed

May 5, 2010

A consortium of international banks support steel trader Stemcor by granting new RCF (revolving credit facility ) and FSF (Forward Start Facility FSF).

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Heinrich Hiesinger to follow Ekkehard Schulz

May 4, 2010

Dr. Heinrich Hiesinger will leave Siemens AG to join ThyssenKrupp AG

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Updated 12. May, 2010: Heinrich Hiesinger to follow Ekkehard Schulz

May 4, 2010

Dr. Heinrich Hiesinger will leave Siemens AG to join ThyssenKrupp AG

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Reduction of mill scale generated by steel processing

May 1, 2010

Mill scale is one of the by-products produced during steel processing and its specific production is considerably high representing about 19-40 kg/t of hot rolled product, depending on the deformation technology used. The global production of steel dur…

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China 2010 steel demand for automobile manufacturing to equal 38 million t

April 30, 2010

China automobile market boomed in 2009 since government announced a series of stimulus policies, such as automobile acquisition tax reduction, subsidy program for rural areas, and auto replacement. In 2009, China automobile output and sale reached 13.7…

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Iron Ore Price Increase to continue in short run

April 30, 2010

Annual iron ore pricing has been challenged during the ongoing 2010 benchmark price talks. Three mining giants all show their intention …

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