Posts Tagged ‘steel’

China vows to fight unauthorized steel mills

by Published: February 10,2010

Tags: China, international trade, steel

SHANGHAI — China, the world’s biggest steel producer, says it will crack down on unauthorized steel mills as it maneuvers to wield more control over prices during crucial iron ore talks. Only about 300 million tons of the 567.8 million tons of crude steel produced last year in China was made with full government authorization, […] [...]

Steel costs highest ever; lumber does nosedive

by Published: August 24,2009

Tags: construction material costs, lumber, steel

There is good and bad news regarding construction material costs. Lumber costs are the lowest seen in a very long time; however, the price of steel is at an all-time high.   The high cost of steel, a lot of which is imported, is linked to strong activity in the commercial building sector, said Bob […] [...]

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