Author Archive

Splurge: The Best Investments for Future Success

In a previous article, we talked about the different ways companies in the steel industry are saving money to remain competitive. Bringing costs down can help you and your steel business remain competitive, even in today’s economy. That said, not all savings are worth making. Bringing the costs down too much can actually lead to

Enhance machinability of steel using Annealing procedure

Annealing: Annealing is the process of heating a metal to change its hardness and strength. When this procedure is done properly, metal reduces its cold working properties and becomes more flexible, stress-free. To obtain these properties, it is heated to temperature that is less than its melting point and then slowly frozen. Generally, Ferrite sub-critical

Forecasting of steel price- An Econometric modelling approach

To take investment decisions in the steel industry, steel price forecasting is necessary. Instability in steel price has been exceptional these days and the international steel markets. These sudden and wild swings in the international steel price have occurred rarely before. An econometric price forecasting model Using econometric modeling techniques, a statistical approach to price