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Steelonthenet .com news update
Dear Steelonthenet.com subscriber.
Please find enclosed your update of the latest world steel industry news for Friday 27 August 2010.
Chinese Steel Prices Post First Decline in Six ...
Benchmark Chinese steel prices fell 1.9 percent this week, the first decline in six, as the government studied a property tax and economic concerns eroded purchases of the material used in houses and cars.
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German IG Metall Union Demands 6% Wage Hike For ...
German IG Metall Union Demands 6% Wage Hike For Steel Workers
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IG Metall Seeks Fair' 6% Pay Raise for Steel ...
IG Metall, Germanys largest labor union, said it wants fair wage increases for workers in the iron and steel industries as the economy recovers.
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Region awaits Corus steel revival on Teesside
The 320mn agreement between Corus and SSI for the Redcar plant is hailed as a significant step in reviving steel making on Teesside, but a local politician tells Channel 4 News that moves to diversify the area's economy must continue.
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Tatas in pact to sell UK plant to Thai steel co
NEW DELHI: Tata Steels European arm Corus on Friday entered into a pact with Thailand-based Sahviriya Steel Industries to sell its Teesside Cast Products plant in the UK for about $500 million.
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Thai deal raises hopes for Corus steel plant
The Corus steel plant on Teesside that was mothballed earlier this year is set to be sold to a Thai company, with a senior source telling Channel 4 News that production could resume in weeks.
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Thailand's SSI to buy mothballed Teesside steel ...
The Corus steel plant on Teesside mothballed earlier this year with the loss of more than 1,000 jobs is set to be sold to a Thai company.
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