Archive for the ‘BTC News’ Category

Hardened Tempered Steel Strip & CRCA Steel Strip

Wednesday, June 4th, 2008

We supply the Hardened Tempered Steel Strips and CRCA Steel Strips with the closest dimensional tolerances. Equipped with automatic gauge control and hydraulic screw down device for achieving the closest dimensional tolerances.

Furthur, the annealing furnace is automatic and controled through PLC, with provision to use 100% Htdrogen as protective gas.

This gives the best spherodization and as a result uniform and excellent heat treatment of the end component.

We have sucessfully achieved the thickness of .05mm and are trying to make .025mm

Inputs costs, demand seen lifting India steel price

Thursday, February 28th, 2008

Rising costs of iron ore and other inputs as well as strong demand will likely push up Indian steel prices over the next six months, despite government attempts to contain them, industry officials and analysts said.

Tata Steel has already raised hot-rolled coil prices twice this year and cold-rolled coil prices once, and smaller firms such as JSW Steel, Bhushan Steel, Ispat Industries and Essar Steel have followed suit.

“If you take $700 (per tonne) as the base, prices are going to go up by 20-25 percent.”

After Steel Minister Ram Vilas Paswan expressed concern over prices earlier this month, steel makers agreed to cut prices on some products by up to $25 per tonne, but the cuts are unlikely to be sustained.

Iron ore prices are rising internationally. Brazilian mining giant Vale secured price rises of 65 percent and higher for the iron ore it sells to major Asian steel mills.

                                                                                    Source: www.reuters.com

Hardened tempered steel strip

Friday, February 22nd, 2008

Hardening and Tempering is a thermal process that strengthens steel through a controlled heating and cooling process Hardened and tempered steel strip, is used in many applications including saws, cutting tools as well as springs. This process will result in improved mechanical properties and give a tougher more durable product. The hardening process involves heating the steel to above the critical transformation temperature for the given grade and then rapidly cooling. Whilst this process achieves the highest mechanical strengths and hardness’s, steel in this condition is extremely brittle and therefore requires further treatment in the form of tempering. This consists of reheating the steel to a lower temperature and holding the steel at the given temperature for a given period of time. As with traditional annealing (used to soften steels) this process is conducted in an inert atmosphere to avoid oxidation.

industrial saws,knives and tools and wood working saws.

Thursday, February 14th, 2008

We offer each and every variety of wood working saws. The items which we cover are mentioned as under or visit our website : www.btstrips.com 

Bend Saw Blades

Circular Saws(4″ to 96″)

Cross Cut Saws,Pit saws,Web saws,Bow saws,Pruning Saws,Hand Saws,etc.

Planner Blades,Peeling Knives,Chipper Knives,Chopping Knives,etc.

For more information, we invite you to visit us at : www.btstrips.com

crca steel strip with closest dimensional tolerances

Wednesday, February 6th, 2008
We supply CRCA steel strips with the closest dimensional tolerances as per the requirement of the customers.

We maintain a thickness tolerance of .02mm and a maximum cambre of 4.5mm in 2 mtr. length.In case of Hardened Tempered Material we can supply material with a cambre of maximum 2 mm in 2 mtr. length.

This close tolerance material is very much necessary in case of certain industries such as circlips,safety belts,safety pins,picture tubes,etc.

For more details, we invite you to visit us at: www.btstrips.com

 

price increase in steel

Wednesday, February 6th, 2008

The price increase in the steel sector has seen a massive surge in the month of January and February. An accumulated increase of 3500/- per mt in the last two months, has reversed the trend of the market. This will, however, have an adverse effect on the auto industry which is already facing a sluggish period due to higher interest rates.

 

Stelco, Canada

Thursday, January 24th, 2008

 Stelco, Canada’s last domestically owned steel maker, said Friday that it was in early talks that might lead to its sale.While foreign buyers have gradually taken control of Canada’s other steel companies, including Dofasco, Stelco remains independent, largely because it is unprofitable and some of its plants are outdated. Stelco emerged from a prolonged period of bankruptcy restructuring in March 2006 burdened with debt and pension obligations.

Stelco’s most attractive operation is its Lake Erie mill at Nanticoke, Ontario, which completed a renovation and expansion late last year at a cost of 270 million Canadian dollars ($252 million). While Mr. Mott has been working to reduce costs, the company’s much older traditional base of operations at its headquarters in Hamilton, Ontario, is unprofitable.

Over all, Stelco reported a net loss of 39 million Canadian dollars in the first quarter of this year and a net loss of 145 million Canadian dollars in the preceding quarter.

As part of its restructuring, Stelco agreed to make up, over 10 years, a pension shortfall of 675 million Canadian dollars. The company is also carrying about 738 million Canadian dollars in debt.

The company has long had a strained relationship with the United Steelworkers union. That situation has only been made worse by recent job reductions in Hamilton.

Stelco declined to comment beyond its statement, which did not identify the potential buyers. But the trend toward steel industry consolidation suggests that any new owner will not be Canadian.

Severstal of Russia, which owns a former Ford steel mill in Dearborn, Mich., tried to acquire Stelco during its restructuring.

Brookfield Asset Management of Toronto is Stelco’s largest shareholder, with about 36 percent of its stock. It did not respond to requests for comment

          Source : http://www.nytimes.com/2007/06/02/business/worldbusiness/02steel.html?_r=1&partner=rssnyt&emc=rss&oref=slogin

in Kolkata.

Friday, January 11th, 2008

The Rupees One Lakh Car of Tata Motors- a new year gift to Kolkata.

This project will see the musrooming of auto ancilliaries in Kolkata. The eastern region was lagging far behind in this segment and was not getting the feel of the auto boom in the Indian Market.  With the plant of TELCO, lots of auto ancilliaries will come up in and around Kolkata. Presently, 85% of these ancilliaries are situated in North and South India. Kolkata was having a very few units, which can be counted on fingers. Now the market of this region will get a massive boost and the overall economy will grow.

Being a trader of Steel Strips, I feel that the demand of Steel Strips, which is highly consumed for making auto componants, will show a rapid growth in future. 

Russian company agrees to buy Claymont Steel for $564.8 million

Thursday, January 3rd, 2008

The hulking steel plant tucked in the northeastern corner of the state never has been much to look at. Monday, it started looking a whole lot better to some people.

In fact, Claymont Steel has become alluring enough to attract a suitor all the way from Russia.

If all goes as expected, the 87-year-old mill will be bought for $564.8 million by coal and steelmaker Evraz Group SA, which began its push into the United States last year with the $2.3 billion purchase of Oregon Steel Mills.

Claymont Steel’s board of directors unanimously recommended that shareholders accept Evraz’s offer. H.I.G. Capital, the private investment firm that bought Claymont Steel’s predecessor in 2005 and now owns about 42.6 percent of its common stock, has committed to tender its shares.

“The price is a good one,” analysts at Aton Capital, including Dmitry Kolomytsyn, wrote in a research report Monday. “Evraz Group has a history of successful and value-accretive acquisitions. The latest purchase will be just as successful.”

Claymont Steel executives could not be reached for comment Monday.

Read the full story at delawareonline

SEASON’S GREETINGS

Thursday, January 3rd, 2008

A Happy New Year to all our visitors, from Bijoy Trading Company.

We wish you a prosperous 2008.

For all your Steel Strip requirements, visit us at www.btstrips.com