Steel scrap gap dents industry

Article Abstract:

Buyers of steel from Canada mills would begin branching over an extra $95 a ton on 1 March 2004 in surcharges designed to compensate steel makers for surging costs of scrap and other raw materials amid a price spiral that is threatening to spin out of control. The shortage of scrap that is one of the key causes of both soaring base prices and the surcharges is so acute that mini-mill steel maker for three days on February 2004.

Market information - general, Commodity & service prices, Prices and rates, Supply and demand, Steel, Scrap metals, Company pricing policy

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Coke's the real thing for Stelco suitors: Plant that makes key steel ingredient seen as valuable

Article Abstract:

Stelco Inc. has documents, which are 25-year-old permits from the Ontario government that permit Lake Erie Works to double their output of coke. These permits have evoked interest amongst the suitors of Stelco Inc. like OAO Severstal and another bidder, which is a partnership between Sherritt International Corp. and the Ontario Teachers Pension Plan, though the worth of these permits to the other bidders is not yet determined.

Production management, Coke

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Severstal still in hunt for Stelco

Article Abstract:

The efforts OAO Severstal, Russian steel maker, to takeover Stelco Inc. are discussed. The details of Steverstal bid offer to takeover is discussed.

Acquisitions & mergers, Russia, Mergers, acquisitions and divestments, Company acquisition/merger, OAO Severstal

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