According to a new study, 292 out of 1,000 UK sheet metal fabrication companies are showing the effects of ‘financial stress’. Plimsoll Publishing, who conducted the study, identifies the effects as thus: Over the last 4 years, 292 UK Metal Fabricators companies have fallen into the following cycle: 1st stage – overtrading – many of [...]

The New York Times points to how China is making another assault on steel production. When Mao Zedong ordered communities across China in the late 1950′s to set up backyard kilns and rapidly increase steel production as part of his Great Leap Forward, the results were disastrous. The country turned out millions of tons of [...]