BT Steel Strips Blog

yet another price increase in the month of February

arun — Fri, 03 Feb 2012 15:17:11 +0000

there is a price hike 1000/0 per mt by steel producers in the month of february. This is a sort of pressure tactics on the buyers, so that they can be lured to buy materials, whereas the demand is having a negative growth of 30%
How far this price increase will sustain has become a question mark.

CRCA High Carbon Steel Strips.

arun — Tue, 31 Jan 2012 14:21:18 +0000

High carbon steels contain from 0.7 to 1.00% C with manganese ranging from 0.5% to 0.9% This steels are commonly known as spring steel. These steels are generally operated at very high stresses and heat-treated to obtain the maximum elastic limits and fatigue resistance without becoming sufficiently brittle to cause sudden failure in service. Hardenability of spring steel is very important because only fully hardened springs have the maximum resistance to take a permanent set (sagging).

Prices in steel being bullish despite sluggish demand.

arun — Mon, 23 Jan 2012 09:01:20 +0000

The major steel producers have increased their pricing in the month of January and a furthur increase is due to come, down the line in the month of February.

The industrial growth moving at a snail pace of 1.5/2%, demand in the auto sector at a all time low, exports being in jeopardy, this price increase in steel is a surprise and unexpected.

But it has become a regular phenomenon, that the prices are increased considerably in the last quarter of every year. The reason always shown that the new contract of iron-ores being done at a much higher pricing and the same increase is rolled back in the first quarter of the corresponding year.

This has become a nightmare for stockiests and traders who are always under pressure to buy, and has to ultimately face losses due to this kind of uncetainity.

Material with Special Hardness.

arun — Wed, 11 Jan 2012 09:02:39 +0000

These are basically as rolled hard steel strip. To achieve a desired hardness, an annealed material of suitable thickness is taken and rolled down to the required thickness, to achieve that required hardness. After rolling, the material is pinch passed and final annealing is not required. To choose the correct thickness (for reduction to the desired thickness) is a matter of expertise.

Grades: This strip is available in low, medium & high carbon grades.

Applications: It is suitable for components where formability is limited. It saves the extra annealing cost. The strip is directly punched & formed and if required sent for heat treatment.

STEEL EXPORTS HALVE, IMPORTS TREBLE IN NOV

arun — Mon, 02 Jan 2012 12:34:16 +0000

At 184,000 tonnes, steel exports in November hit the lowest point this financial year. Imports have surged to 879,000 tonnes, the highest point in the year. In its latest data published by the Joint Plant Committee, the government body tracking steel in the country, says companies exported 184,000 tonnes in November, which was 203,000 tonnes less, sequentially and nearly half of the exports in November 2010. Imports, however, shot up sharply to 879,000 tonnes against 279,000 tonnes in the same month last year. Sequentially, imports were up by 519,000 tonnes.Ravindra Deshpande, research analyst, Elara Capital (India) Pvt Ltd. Said, “Global Steel price have corrected a lot, but the domestic prices have been firm. Despite the rupee depreciation, it is profitable to import steel and that is why we have seen a spurt in imports.” Steel export in the April-November period has risen 32 per cent. At 241,000 tonnes, April saw the least exports. At 879,000 tonnes, November has been the highest import surpassing July (605,000 tonnes), by close to 50 per cent. April registered the lowest imports at 330,000 tonnes. An official from a steel company, seeking anonymity, said, “Yes, imports in November went up and have hurt us since we are already reeling with low demand in this period.” He, however, ruled out any price cuts by the domestic steel makers. In April-November, imports have fallen by 20 per cent, or one million tonnes. Another analyst tracking the sector said, “Steel prices globally have softened by 15-20 per cent, but this hasn’t affected domestic prices yet. Although demand is slowing, companies are not ready to cut prices because of the inflated raw material bills.”
Domestic production also felt sequentially in November. According to the report, India produced a total of 5.46 million tonnes steel in November against 5.89 million tonnes in October.The production in April-November, at 46.14 million tonnes, went up 7.9 per cent. Real consumption growth in the given period was a mere 3.9 per cent

SOURCE:http://www.allindiasteelra.com/

CRCA High Carbon steel Strips.

arun — Thu, 22 Dec 2011 14:41:19 +0000

Medium Carbon Steel Strips.

arun — Fri, 09 Dec 2011 14:31:23 +0000

Meduim Carbon Steels are similar to low carbon steel except that the carbon ranges from 0.30 to 0.60% & the manganese from 0.50 to 1.65%. Increasing the carbon content is approximately 0.5% with an accompanying increase in manganese allows medium carbon steels to be used in the quenched & tempered conditions. This steels are of particular importance because of unique combination of strength & toughness after heat treat treatment.

stainless steel flat wires.

arun — Fri, 02 Dec 2011 15:18:01 +0000

We have added Stainless Steel Flat wires in our product range. Initially we are mainly involved in Grade SS304. But soon other grades will also be added. We can supply in a minimum width of 3mm and maximum width of 15mm and the thickness range is .80mm to 4.00mm

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

An overview of steel sector.

arun — Fri, 18 Nov 2011 16:47:00 +0000

The Indian steel industry have entered into a new development stage from 2005-06, riding high on the resurgent economy and rising demand for steel. Rapid rise in production has resulted in India becoming the 5 th largest producer of steel.
It has been estimated by certain major investment houses, such as Credit Suisse that, India’s steel consumption will continue to grow at nearly 16% rate annually, till 2012, fuelled by demand for construction projects worth US$ 1 trillion. The scope for raising the total consumption of steel is huge, given that per capita steel consumption is only 40 kg – compared to 150 kg across the world and 250 kg in China.
The National Steel Policy has envisaged steel production to reach 110 million tonnes by 2019-20. However, based on the assessment of the current ongoing projects, both in greenfield and brownfield, Ministry of Steel has projected that the steel capacity in the county is likely to be 124.06 million tonnes by 2011-12. Further, based on the status of MOUs signed by the private producers with the various State Governments, it is expected that India’s steel capacity would be nearly 293 million tonne by 2020.

Hardened Tempered Steel Strip

arun — Mon, 14 Nov 2011 15:44:09 +0000

Hardening and Tempering is a thermal process that strengthens steel through a controlled heating and cooling process.

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 temperature for the given grade and then rapidly cooling. Whilst this process achieves the highest mechanical stengths 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.

The exact temperature and processing times vary with given grades of steel and the process is very specialized.

Rolling Hard Steel Strips

arun — Tue, 08 Nov 2011 14:26:53 +0000

Grades: This strip is available in low, medium & high carbon grades.

Applications: It is suitable for components where formability is limited. It saves the extra annealing cost. The strip is directly punched & formed and if required sent for heat treatment.

Steel price may increase furthur in November.

arun — Thu, 27 Oct 2011 10:35:03 +0000

“Another round of increase is likely from November. It could be around Rs 500 a tonne,” said Bhushan Steel Managing Director Neeraj Singal. “The fall in raw material prices has not been able to offset the impact of rupee depreciation,” explained another industry representative.

At present, the gap between landed imports and domestic hot rolled coil (HRC), taken as the benchmark for flat steel products, is around Rs 2,500 a tonne. The HRC price in India is ruling at Rs 33,000 a tonne.

“This increase is entirely cost-push-driven. Producers are not going to let go of an opportunity to increase prices. But there is likely to be a margin squeeze,” a downstream Mumbai-based steel producer said. Though the demand in India is steady, the international market scenario is not good, and the industry is not expecting the crisis to be resolved in one year, which puts finished product prices in question.

Domestic steel demand is expected to be moderate over the next five years. In 2011-12, Crisil Research expects profitability to be impacted by rising input costs. Steel prices would increase on the back of input cost, but profitability is likely to decline across the steel industry.

Iron ore exports.

arun — Wed, 19 Oct 2011 06:56:29 +0000

India must take a strategic view that it will be a major exporter of steel and not of iron ore. As India moves to reach its goal of producing 100 million tonnes of steel locally, the availability of high-grade ore to the local steel industry has to increase. Exports would then not a feasible option. It is also necessary to conserve high-grade iron ore which, is at present, being exported in substantial quantities. Various stakeholders should come together and agree to a larger national perspective in this area so that value-addition takes place in India and employment is also generated in the country.

Steel Price on the rise.

arun — Thu, 13 Oct 2011 15:45:34 +0000

Despite sluggish growth in the industrial sector, the steel prices have gone up by 7-8% in the last 15 days. The main producers find it difficult to survive without price hike as the cost of all the major inputs like metcoke, iron-ore, etc. are at all time high.

But again, most of the stockyards are overflowing with material as there is no lifting due to indutrial slow down in ndia as well as the golbal economy meltdown.

Under these cicumstances, it is very difficult to assess the future prospect in the price of steel.

Hardened Tempered Steel Strip

arun — Sun, 02 Oct 2011 07:05:23 +0000

Hardening and Tempering is a thermal process that strengthens steel through a controlled heating and cooling process.
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 temperature for the given grade and then rapidly cooling. Whilst this process achieves the highest mechanical stengths 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.
The exact temperature and processing times vary with given grades of steel and the process is very specialized.

The most comprehensive store for steel strips.

arun — Mon, 26 Sep 2011 13:40:42 +0000

Bijoy Trading Company (BTC) is a complete solution to steel strips. If you are looking for quality steel strips, you can get OEM quality steel stips from our wide collection.

You can get any of these Strips as per your requirement:

Hardened Tempered Spring Steel Strips
Blue Tempered Strip Steel
CRCA High Carbon Steel Strips
Low Carbon Strips
Medium Carbon Strips
Rolling Hard Steel Strips
Razor Blade Steel Strips

Our products meet the specifications provided by the OEM and apart from serving our clients with their specific needs, we also keep on sharing knowledge as regards new technologies and innovations and the resultant outcome is a satisfied customer.

Please get in touch right away and give us an idea about your requirements. We will send you full details and a proposal on no-obligation basis as soon as possible.

Ferro Alloys

arun — Wed, 07 Sep 2011 10:02:06 +0000

The Indian Steel Scenario seems to be bottoming out and consequently the Ferro Alloy Production and Industry should hopeully have a better year ahead. Despite increase in Steel Production, the Ferro Alloy Industry has not got the support it requires from the government in order to make their prices competitive in the International Market, hence most producers have to rely on local supplies to Steel Producers which make life difficult for the producers of Ferro Alloys, mainly due to oversupply and stiff competition from other domestic producers who are keen to operate at low margins in order to keep their Industry alive.

Steel industry facing a negative growth due to slack in demand in auto sector.

arun — Thu, 01 Sep 2011 10:40:19 +0000

Despite the increase in price of raw material like iron ore and metcoke and other inputs, the steel industry is still on the backfoot with prices showing a negative growth in the past 4-5 months. From April onwards the price has corrected by around Rs.5000/- per mt approximate.

Auto sector is a major booster of demand which is running on 60% capacity due to poor demand and economies of majors in turmoil.

Though India has not been much effected by these upsets but still the Indian Export of Automobiles and spares has been effected drastically and collectively the demand of steel is slowing down.

Low alloyed steel strips.

arun — Wed, 17 Aug 2011 15:41:54 +0000

This grade of steel can achieve a maximum hardness of 670VPN after hardening and tempering.

Chromimum is a strong carbide former and can improve and some what increase resistance to softening during tempering. This helps the component to retain its elasticity and tensile strength even at very high temperatures.

We invite you to visit us at, www.btstrips.com, for a detailed knowledge of our product range.

State govt vests 270 acres of JSW land in Salboni

arun — Thu, 11 Aug 2011 15:34:35 +0000

KOLKATA: The Mamata Banerjee government has vested 270 acres of ceiling-excess land bought by JSW. The steel major had purchased 294 acres of land for which they should have sought the government’s permission for a waiver under 14Y of the Land Reforms Act. On Wednesday, the government allowed them to keep the stipulated 24 acres, and vested the rest.

Source: http://timesofindia.indiatimes.com/city/kolkata-/State-govt-vests-270-acres-of-JSW-land-in-Salboni/articleshow/9559947.cms