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SteelGRIPS

Near-record global stainless steel production in 2010?

March 1, 2010

Global crude stainless steel production for 2009 is expected to total 24.7 million tonnes. This corresponds to a decline of 4.6 percent from the result in the previous calendar year.

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Iron ore spot price hits new high in China

February 25, 2010

The iron ore reference price for 62% Fe content fines hit a new high on 25 February 2010, reaching US$ 133.10 per dry metric tonne (dmt) CFR Tianjin port in China. This price represents a 125% increase since March 2009, when the price dropped to US$ 59.10/dmt. After falling …

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Corus mothballs Teesside, UK, steel plant

February 17, 2010

Ater failing to bring in a long-term strategic partner for Teesside Cast Products (TCP), Tata Steel said steel production at the Corus plant at Teesside, UK, will be ceased.

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0.5 Mt/a special steels rolling mill for Bhushan Power and Steel Ltd.- India

February 15, 2010

Bhushan Power and Steel Ltd has ordered a 500,000 t/a rolling mill plant to be installed in the state of Orissa, India, for production of specialty and engineering steel long products.

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0.5 Mt/a special steels rolling mill for Bhushan Power and Steel Ltd.- India

February 15, 2010

Bhushan Power and Steel Ltd has ordered a 500,000 t/a rolling mill plant to be installed in the state of Orissa, India, for production of specialty and engineering steel long products.

Read the full article →

EU steel market: first green shoots of recovery

February 12, 2010

Eurofer signals that economic momentum in the EU economy should gradually gain further strength this year. Progress will be …

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