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AN N’GENIUS NEW INVENTION IN STAINLESS STEEL TECHNOLOGY

A new series of high strength austenitic stainless steels has been developed that could be the most significant innovation in stainless steel technology for more than a century. The N‘GENIUS Series™ of High Strength Austenitic Stainless Steels, patent

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EC to propose potential steel import safeguard changes late May, following review

The European Commission is set to propose an updated European Union steel import safeguards regime later this month, with a view to effecting any changes in July, the EC said May 11. “The review is still ongoing and should be concluded and adopted in time

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Marcegaglia buys Liberty’s UK tube business

Marcegaglia’s UK division has acquired Liberty Steel’s Oldbury-based Precision Tubes assets in the West Midlands, the Italian pipemaker confirms to Kallanish. Prior to the purchasing deal, Marcegaglia operated Liberty’s facilities under a licence

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French, Belgian scrap prices tumble

French and Belgian domestic scrap prices are down €100/tonne ($104/t) in new May contracts. Similar falls of between €70-100/t are being seen in southern and Eastern European countries, Kallanish notes. While availability of automotive grades has improved

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