Author name: WosstEEL

Steel Industry – Need for transformation! It has been a cycle of gloom-boom and again we are getting towards the gloom in the steel industry. Of course last 15 years has seen much changes, one is of course geographical shift to the East and more particularly to China and India. Production has also risen in […]

Women hold half the sky in China A saying of Mao which is actually practised in China and it is particularly heart warming in our steel industry. What we usually see among men of steel is men drinking (Ok Chinese also drink), smoking and discussions of various prowesses, in China it is replaced by the

Buying Prepainted and Galvanized from China Writing a blog from the spot is always challenging and perhaps even invigorating….nothing like smelling the coffee and writing about it rather than sitting in an airconditioned room and intellectualizing. I have been visiting Prepainted Steel mills in China. Price differentials are amazing between each mill especially as you

How far has India come? The recent news of steel centers and marketing offices being opened by Essar in Europe for distribution is a culminations of many small and some big steps taken by the Indian Steel Industry. If one was Rip Van Winkle and had just woken up after a 20 years of snoozing,

Experience with World of Steel It was the month of August, when I came to know about the brand World of Steel from my seniors. They had come to Mumbai for some project and told me about the great experiences they had working with Mr. Daanish Ellias and Mr. Gitesh Chavan which in turn motivated

Escalating Prices — A bullwhip effect The recent steel price escalation reflects the classic bull whip effect in the global steel supply chain. Primary reason is the constraint of Coke supplies from Australia due to floods in Queensland. This disruption in Coke has created an exponential cascading effect on the steel supply. It is well

Breaking News!!! Dear Friends, You probably saw the below article or a similar story in other publication. I just want to comment that I believe there is now no doubt the prices for all steel products are going to continue upwards (perhaps quite rapidly). I don’t know if you have been tracking the recent spot

Happy New Year 2011 will hopefully bring better tidings across the steel supply chain. The recession wounds are still healing and last thing we need is another jolt. Overall our assessment outlook for steel for the year is moderate. The international prices may go up in the short run especially at the time of the

Location, location, location No question location is the key to any business. It could be a main street, or outskirt of a town or a confluence of roads, rivers or for that matter a port. It can also of course evolve with time.When I was a kid growing up, it was Taloja biryani on the

Iron Ore price increase bringing the Steel Industry to its knees Our laments about unjustified price increases and their damage to the economy and the steel industry itself have found their echo in the following interview of Thyssenkrupp CEO Ekkehard Schulz: http://www.spiegel.de/international/business/0,1518,697930,00.html Do read it. The comments are strident and justified about the 100% price