In MEPS latest steel news update we can see that there is a slight divergence in steel demand between Europe and Asia. In Europe Steel consumption is being held back by the poor economic conditions – and the threat of worse to come has reduced credit and stocks across the industry. Traditional heavy users such [...]

Hydrogen Induced Cracking We sell a lot of plate resistant to Hydrogen Induced Cracking (HIC) to the Oil and Gas Industry and so I thought it would be worthwhile explaining what HIC and why it is an issue in sour gas environments. In the oil and gas industry a sour gas environment is one where [...]

ASTM A 516 or ASME SA 516 grade is a great steel for pressure vessels. It is primarily intended for use in welded pressure vessels where notch toughness is important and comes in four grades 55, 60, 65 & 70. Between them these grades cover a range of tensile strengths from 55 – 90 MPa. [...]

When buying steel you have to think ahead. Most steel distributors only hold limited amounts of steel in stock. They will rarely sell all their stock to one customer because they will then be disappointing a number of other regular customers. The stock that distributors carry in a particular grade will be subdivided by thickness [...]

Welcome to the December issue of Oakley Steel newsletter Firstly we would like to wish all our customers, friends, colleague’s & families who celebrate Christmas a very Merry Christmas and hope for a wonderful New Year 2012. Thank you for your business in 2011. It has been a pleasure working with you and for you. [...]

The international steel market is full of middlemen helping product manufacturers purchase steel. For the small and medium sized enterprise that needs high quality steel this can lead to increased costs and low satisfaction with the process. From our experience over the years we’ve seen that a large percentage of middlemen, and agents, are not [...]

Everyone knows that steel is a commodity. We’ve been making it for thousands of year, it’s been an industrialised process for hundreds of year and with concrete and possibly tarmac it forms the very structure of modern civilisation. Not all steels are the same. Even for specialist applications such as boiler and pressure vessel manufacture [...]

test

April 2011 Newsletter ISSUE #02 04/2011 INSIDE THIS ISSUE: Welcome to our April 2011 Newsletter, Shipping Terms, Vessel Schedules, Letters of Credit, News “ WELCOME  TO  OUR  APRIL 2011 NEWSLETTER, It has been another positive month where we have seen increased number of enquiries and orders. We hope that it has been the same for [...]

INDIAN STEEL PRICES RISE SHARPLY IN FEBRUARY In India, steel product quotations increased dramatically in February. The price rises have been attributed to successive hikes in raw material costs. Indian hot rolled coil domestic selling values continue to exhibit a positive tendency. The latest increase has been attributed to the expectation of firmer demand from [...]