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Steel Industry News - July 2008
Nickel hits 2-year low
Thu 24 Jul 2008
Nickel fell below $20,000 a tonne on Thursday for the first time in just over two years on weaker stainless steel demand, while copper prices eased on a strengthening U.S. dollar and weak macroeconomic data.
Steel industry launches green revolution
Mon 21 Jul 2008
As China's economic lifeline, the iron and steel industry used to be a black smoke maker and blue-sky killer in the eyes of many people.
In 2007, SO2 emissions by China's large and medium-sized steel and iron enterprises were estimated at 756,368...
A significant increase in stainless steel output is not expected
Wed 9 Jul 2008
Demand for stainless steel is weakening in most parts of the world. MEPS (International) Ltd forecasts global crude production virtually unchanged at 28 million tonnes in 2008. Western World output is expected to decline by 300,000 tonnes this year.
Domestic...
Cable Management Systems - CMS - Stainless Steel
Fri 4 Jul 2008
In addition to our stainless steel conduit, The James Alloy Company can offer a full suite of cable management components in partnership with our UK distributor.
Korea’s Posco will cut stainless crude steel
Thu 3 Jul 2008
South Korea's POSCO said on Monday it would cut stainless steel output by 25,000 tonnes in July due to inventory build-up as buyers delay purchases on expectations of lower prices.
Rio Wins 97% Ore Price Increase From Asia Steel Mills
Tue 1 Jul 2008
Rio Tinto Group, the world's second- largest iron ore exporter, won price increases of as much as 97 percent from Asian steelmakers, fueling inflation concern and adding pressure on BHP Billiton Ltd. to settle contracts.
