It is reported that Posco has “provisionally” accepted Vale’s iron ore price of US$110/ton for the 3-month period from April 1st to June 30, up by 86 percent compared with last year’s global long-term contract price. Vale said it agreed with 97 percent of its global customers to adopt quarterly price adjustments for steel-making raw [...]

Brazil’s CSN said that it will lift domestic prices by 7.5 percent to reflect the coast rising driven by doubling global iron ore prices. CSN is Brazil’s 2nd largest flat steel producer, as well as the largest diversified steelmaker in the country. The company also plans to adopt quarterly pricing policy as major iron ore [...]

According to Eurofer, European steel production is expected to increase by 0.6 percent in 2010. The steel output will increase by 3.5~4 percent in 2011. Europe’s economy will improve by slow steps because of the uncertainty factor; steel consumption dropped by 35 percent in 2009. The manufacturing activities will be supported by improved global trade [...]

The following pictures show how brush/broom comes from steel wire. 1) Patented High Carbon Round Steel Wire 2) Rolled Flat Wire 3) Street Sweeping Brush/Gutter Broom 4) Sweeper with Brush The End.