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STEEL GRIPS online
ISSN 1866-8453


Last updated:
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Sep 3, 2010
 
 
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Kerstin Garbracht:
China goes quality

„It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money — that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot — it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.“
attributed to John Ruskin as Common Law of Business Balance


Déja vu?


Germans remember well and British are supposed to, too: the effect of a seal of quality!

As of August 23rd, 1887, Britains happened to implement their Merchandise Marks Act, prescribing that the country of origin must be stamped on any imported goods. Thus they especially tried to protect themselves against cheap products from Germany which, in those days, was developing into an industrialised country. The Germans then used to reproduce British high-priced goods on a level, which the islanders denoted „bad & cheap“. Anyway, in those days, Germans had to work longer and at lower wages, compared to Britains. The latter neither liked the rip-offs, nor the associated underselling. Against this background, the label „Made in Germany“ was born, originally intended to attest poor quality and to safeguard the good reputation of British genuines.



steel prices
meps:
World average carbon steel prices - latest forcast
The global all products composite selling figure increased by over $US 10 per tonne in August. However, this rise was due to ...

steel prices
meps:
Stainless steel prices to dip in final quater before recovering in 2011
World stainless steel transaction prices have followed a general upward trend over the past twelve months. Stronger economic conditions, coupled with various government stimulus projects, boosted ...

  business news
Corus Teesside to be relocated to Sahaviriya, Thailand?
After months of negotiations, Corus has finally agreed to sell the mothballed steel unit at Teesside, UK to Thailand’s Sahaviriya Steel Industries for about $500 million.

business news
Duisburg-Bruckhausen meltshop of ThyssenKrupp, Germany, produces 150 millionth ton of steel
Duisburg-Bruckhausen meltshop of ThyssenKrupp, Germany, produces 150 millionth ton of steel
The workforce at ThyssenKrupp Steel Europe's BOF meltshop in Duisburg-Bruckhausen; Germany, had special cause to celebrate: On August 25 at 11.51 o'clock they produced the 150 millionth metric ton of crude steel.

from TOP
China goes quality
Principles of pressurised-electroslag-remelting (P-ESR) and hot forming of high-nitrogen steels
Improving the utilization in bar rolling
from P&S
Worldwide unique belt caster for Salzgitter, Germany
Gerdau Açominas, Brazil, invests in new plate and Steckel mills
New air separating unit for ArcelorMittal Gent, Belgium
business news
World average carbon steel prices - latest forcast
Stainless steel prices to dip in final quater before recovering in 2011
Corus Teesside to be relocated to Sahaviriya, Thailand?
from R&D
Brief history of controlling cooling rate in cast steel
Brief results on developing a new manufacturing process for grain-oriented silicon-alloyed steel sheets
Breakthrough for tailored tempering
steel VIPs
Updated 12. May, 2010: Heinrich Hiesinger to follow Ekkehard Schulz
Carl-Dieter Wuppermann to step down from Steel institute VDEh and Stahl-Zentrum Düsseldorf, Germany
Karl-Ulrich Köhler to join Corus as new COO
a Bit of Art
Variatio arctica sculptura
Heavenly iron - meteorite art by Ulrike Arnold
1.4301 Christmas star twinkling over New York
coming up
Top themes of the next issues
Tables of contents of back issues
STEEL GRIPS 7(2009) online
STEEL GRIPS 6(2008) online
STEEL GRIPS 5(2007) online
STEEL GRIPS 1(2003) - STEEL GRIPS 4 (2006) print


 
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