The union representing employees at Vale Inco’s nickel operations in the northern Ontario city of Sudbury says there is little doubt members will reject a final contract offer by the company and a strike is “imminent.” The more than 3,000 Vale mining and processing workers represented by the United Steelworkers in Sudbury will vote on the [...]

Robust demand for good quality stainless steel should sustain nickel prices towards the end of the year as consumer stocks will need to be replenished even if the global recession limps on. Prices of the steel-making ingredient valued for its anti-corrosive properties fell to 5-year lows below $10,000 a tonne last October after the collapse of [...]

German steelmaker ThyssenKrupp  is thinking about dropping plans for its stainless steel plant in the U.S., but it hasn’t made a decision yet, according to a  spokesman for the company’s steel division. It also is looking at delaying the start of operations at its steel plant that is already under construction, the spokesman added. ThyssenKrupp also has [...]

A £1m permanent memorial to the victims of the 7 July 2005 London bombings is to be unveiled in the city’s Hyde Park. Fifty-two people were killed and hundreds more injured when suicide bombers detonated backpacks on board three Underground trains and a bus. Families of those killed will gather later to see it publicly revealed. Relatives who [...]

Stainless steel producers throughout the world are succeeding in securing higher prices, although there appears to be no increase in [...]