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
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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
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Yet another steel bubble??? It is March 2010 and with the soaring temperatures, steel prices are adding to the global warming along with shipping lines playing games to extract freight increases. Unfortunately, we still live in the world of bullying. It is either the big three in iron ore with an 80% price increase, or
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To Sir, With Love Sidney Poitier and this fantastic movie is more poignant than ever. There is a lot one can crib about the state of education in India but lets also celebrate the islands of excellence in education. The islands are of course our IITs. Certainly a gift to our nation from a great
Steel Recovery: Does it have legs? It is now one year since the Great Crash in steel prices. We have all done our reflections and introspections. Question however remains if we have learned our lessons. The answer to us is NO. Yes the multiple Government stimulus packages have worked to save the economies; “Cash for
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The Hidden Ingredient In China`s Success In Manufacturing Much can be said about China being the factory of the world. Make no mistake, however, that it is also on its way to becoming a technology and an innovation leader. The ecosystem is there and there is a discipline in its method. Several things could astonish
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BIS Certification — Update The Indian authorities have taken a measured and thoughtful approach. They have worked with the steel community in understanding the industry and the implications of BIS standards Lets hope Foreign manufacturers` international standards (Japanese, EU, Korean standards are also extremely stringent and accepted globally) are accepted in lieu of BIS standards.
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Steel Exchanges A promised potential that has never quite taken off. In 2000 it seemed steel would turn virtual but the dot com bust made a reality check. Since then there have been several efforts to revive some of these ideas and a few with a possible success. We have not been able to take
