The world largest steelmaker ArcelorMittal has announced plans to increase its steel price by 10 percent for the second half of 2010, although the global demand has been slowing down. The company accounts for 10 percent of the global crude steel production, 10 percent price increment will pressure every single consumer in Europe, as steel […] ↓ Read the rest of this entry…
ArcelorMittal said it is studying a plan of peeling off its stainless steel operation next year. Stainless unit of ArcelorMittal reported a US$172-million loss in 2010. The plan would enable the company grow independently with the Mittal family set to retain a stake Besides ArcelorMittal, ThyssenKrupp, Outokumpu Oyj and Acerinox SA are all stainless steel […] ↓ Read the rest of this entry…
 This year’s Recycling and Waste Management Exhibition (RWM) takes place at the NEC Birmingham from 14 to 16 September. Free to enter, the exhibition will feature over 500 exhibiting companies and more than 40 free seminar sessions. RWM is the UK’s longest running, best attended and biggest annual event for the recycling and waste […] ↓ Read the rest of this entry…
Taiwan’s Yieh United Steel Corp. (Yusco) has announced a price rise of US$100~150/ton for stainless steel exports for the first half of August. The company’s domestic prices for 300 grade stainless steel will raise by NT$2,500/ton, while prices for 400 series products will remain unchanged. Yusco cut its production by 15 percent in July, which […] ↓ Read the rest of this entry…
Read about how to properly identify your scrap metals - Alloy Analysis and Metal Identification Equipment- Niton XRF Analyzer.
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