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Steel Industry News - September 2008

European stainless surcharges rise for first time in months

Thu 25 Sep 2008

Alloy surcharges on European flat rolled stainless steel will rise for austenitic grades in October for the first time in months, figures so far announced indicate.

Ferro chrome market remains tight, International Ferro says

Thu 25 Sep 2008

South African ferro-chrome producer International Ferro Metals Ltd (IFL) says it expects the market for its product to remain tight, with rising demand from the stainless steel industry and restricted production because of power shortages.

Global stainless steel output down

Tue 16 Sep 2008

Preliminary figures released by the International Stainless Steel Forum show that global stainless steel crude steel production decreased in the first half of 2008 by 1.8 percent compared with the previous year.

Plan to develop steel that resists heat

Wed 10 Sep 2008

Festival of Science: RESEARCHERS HOPE to develop new types of construction steel that will be able to withstand the kind of high temperatures that were caused by two hijacked airplanes crashing into the World Trade Center's twin towers on September...

Chinese steel demand to slow in second half

Thu 4 Sep 2008

Growth in Chinese steel consumption is expected to slow markedly in the second half of this year amid weakening demand from the construction, household appliance and automobile industries, according to industry experts.