News
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Aluminium prices hit their highest since 2008
Continue readingIn October, we reported on the rising aluminium prices and many marketing experts predicted this would continue throughout 2022 and for years to come. Figures released in early February have confirmed that the cost of aluminium has reached its highest level since 2008. The increase in cost is due to a short supply of aluminium […]
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Russia stainless steel imports rise by over 20% in 2021
Continue readingRussia has announced that stainless steel imports into the country rose by 20.8% during 2021 compared to 2020. The news was released by SpetsStal, the Russian Special Steel Association. The total volume of the stainless-steel imports to Russia was 463,040mt. The growth has been split down to a 33% increase in the imports of stainless […]
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Steel mill deal may have broken the law
Continue readingMSP’s have been told that the sale of a Motherwell steelworks in 2016 by The Scottish government may have broken state aid rules where the government acted as an intermediary in the transfer of the Dalzell plant from Tata Steel to Liberty House. As a result, The Scottish government has asked UK ministers to refer […]
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Training with the BSSA: Complete
Continue readingEven though, as a whole, the BS Group has specialised in stainless steel for over 23 years, there’s always room to learn more and update our knowledge. We didn’t invent the stuff after all. That was Harry Brearley. How do we know that? Because we’ve just taken part in a stainless steel training course with […]
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The EU files a WTO request of illegal export restrictions
Continue readingThe EU has made a request for the establishment of a panel at the World Trade Organisation (WTO) to investigate the elimination of unlawful export restrictions that have been imposed by Indonesia. These restrictions have been placed on raw materials required for the production of stainless steel including nickel ore and iron ore. It is […]
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Focus on Fastener Fair Global 2023
Continue readingWe know it is still a long way off, but we thought we would give you a bit of information and a focus on Fastener Fair Global 2023 which hopefully will be going ahead next year in Germany. Fastener Fair Global is the new name for Fastener Fair Stuttgart, as the exhibition looks to grow […]
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2022 outlook for nickel uncertain
Continue readingThe outlook for nickel remains uncertain as commodity experts fail to agree on where they believe nickel prices will track during 2022. This is primarily because Chinese researchers are playing down the growth potential with subdued demand, while others predict a super-cycle and rising demand and prices. Antaike, a Chinese state-owned research institute has stated […]
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Union calls for HS2 to use UK steel
Continue readingUnite the Union has requested the UK government sets out a target for the use of domestic steel in the construction of the HS2 rail link following information that a French fabricator was used to source pre-assembled steel reinforcements. Unite general secretary Sharon Graham said using more UK steel on the £98bn megaproject was “economic […]
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UK Steel Industry Future Uncertain Without US Tariffs Deal
Continue readingWithout a deal with the US on steel tariffs, the future of the British steel industry is uncertain and whilst Steel and cast iron are no longer a large percentage of the UK economy, they look like they are about to get a little bit smaller. British steel companies have been operating at a significant […]