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EU-Metal

Global Steel Prices

Hot Rolled Vs. Cold Rolled Coils

As the name suggests, the fundamental difference between a hot-rolled coil and a cold-rolled coil is the process followed to manufacture them. Though made of carbon and alloy, the processing which is typically squeezing the steel to flatten it, changes the physical properties of the steel. Along with that, the different temperatures applied to them made them …

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Bridging the gap between superalloys & carbon steel

Losses due to corrosion have been anticipated to be of the order of 2 – 5% of the GNP of any country. In India, the losses due to the impact of corrosion have been estimated roughly of 25,000 crores rupees per year (USD$25 billion), according to NACE, India. Many of these losses are due to …

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Stainless Steel: Why so popular?

Stainless steel, it is one of the most versatile metal, which has become a necessity in almost every industry nowadays. Stainless steel comprises a proportion of alloy and chromium, and the contents of chromium are what makes it popular because of corrosion-resistant properties. There are some amazing and highlighting features of stainless steel, which include …

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Hot Rolled vs Cold Rolled Steel

Steel comes in many grades, specifications, shapes, and finishes—the World Steel Association lists over 3,500 different grades of steel, each with unique properties. The various types mean that steel can be widely used in infrastructure, appliances, vehicles, wind turbines, and many more applications. Optimizing steel’s properties for each application goes beyond changing the chemical composition, however. The manufacturing …

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Magnified Non-Prime Steel Industry’s Struggles: Pandemic

Magnified Non-Prime Steel Industry’s Struggles: Pandemic Before the pandemic engulfed the whole economy, steel industry was already struggling as it grew only 3.4% in 2019, the pandemic has just worsened the scenario. In the initial phase of 2020 between the month of January & March, the industry experienced a 1.4% decline in crude steel production, …

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Chaotic COVID And The Steel Prices

As per the analyst, the difference between domestic and international prices are currently 8%. “An increase in prices from September is on the cards. The iron ore prices were at a six-year high. “International steel prices in August, too, have increased”.