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Industry News

  • Supply and demand imbalance in Europe’s HRC market stalls

    Supply and demand imbalance in Europe’s HRC market stalls

    Trading in the European HRC market has been weak recently, and HRC prices are expected to fall further amid sluggish demand. At present, the feasible level of HRC in the European market is around 750-780 euros / ton EXW, but buyers’ purchasing interest is sluggish, and no large-scale transa...
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  • US starts second AD sunset reviews on UAE’s steel nails

    US starts second AD sunset reviews on UAE’s steel nails

    According to official notices on September 1, 2022, the US Department of Commerce (USDOC) and the US International Trade Commission (USITC) initiated the second anti-dumping (AD) sunset review investigation on imports of steel nails from the UAE, to determine whether revocation of the existing AD...
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  • Turkey’s crude steel production slides in July

    Turkey’s crude steel production slides in July

    According to the Turkish Iron and Steel Producers’ Association (TCUD), Turkey’s crude steel production totaled around 2.7 million tons in July this year, falling by 21% compared to the same month a year ago. During the period, Turkey’s steel imports dropped by 1.8% year on year to 1.3 milli...
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  • New opportunities for the development of wind power and nuclear power

    New opportunities for the development of wind power and nuclear power

    In August 29, the relevant departments of China issued the action plan for accelerating the green and low-carbon innovative development of power equipment, which proposed to continuously improve the supply capacity of renewable energy power generation equipment in 5-8 years. Wind power and solar ...
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  • China Steel Exports Dropped Further in July, While Imports Record New Low

    China Steel Exports Dropped Further in July, While Imports Record New Low

    According to data from the General Administration of Customs, in July 2022, China exported 6.671 million mt of steel, a drop of 886,000 mt from the previous month, and a year-on-year increase of 17.7%; the cumulative exports from January to July were 40.073 million mt, a year-on-year decrease of ...
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  • China’s stainless steel inventory drops due to reduction in arrivals

    China’s stainless steel inventory drops due to reduction in arrivals

    According to statistics on August 11, China’s social inventories of stainless steel have been dropping for three consecutive weeks, of which the decrease in Foshan was the biggest, mainly the reduction in arrivals. The current stainless steel inventory basically maintains sufficient at 850,000 to...
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  • Turkey’s seamless pipe imports rise in H1

    Turkey’s seamless pipe imports rise in H1

    According to the Turkish Statistical Institute (TUIK), Turkey’s seamless steel pipe imports totaled around 258,000 tons in the first half of this year, rising by 63.4% compared to the same period a year ago. Among them, the imports from China accounted for the largest proportion, totaling roughly...
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  • The Relationship between Welding Speed and Weld Quality

    The Relationship between Welding Speed and Weld Quality

    The relationship between welding speed and weld quality should be understood dialectically and cannot be ignored. It is mainly reflected in the heating stage and the crystallization stage. 1. Heating stage Under the condition of high-frequency straight seam welded pipe (erw pipe), the edge of the...
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  • Application of flexible design of heat pipe in Engineering

    Application of flexible design of heat pipe in Engineering

    Thermal expansion and cold contraction of thermal pipeline is a common phenomenon in engineering, but the key to design is to fundamentally reduce the stress caused by thermal expansion and cold contraction. The thermal pipes in the project are compensated by self bending according to the layout ...
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  • Canada maintains AD & CVD duties on welded large diameter line pipes from China, Japan

    Canada maintains AD & CVD duties on welded large diameter line pipes from China, Japan

    The Canadian International Trade Tribunal (CITT) announced its ruling regarding the anti-dumping (AD) measure on welded large diameter carbon and alloy steel line pipe from China and Japan and the countervailing duty (CVD) measure on these products from China, finding that the expiry of the exist...
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  • Russian Steel Producer MMK Added to Latest US Sanctions List

    Russian Steel Producer MMK Added to Latest US Sanctions List

    On August 2, the United States officially added integrated steelmaker Magnitogorsk Iron & Steel (MMK) and its chairman Viktor Rashnikov to its list of sanctioned entities. The move is yet another punitive measure in response to Russia’s February invasion of Ukraine, in hopes that the steel ma...
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  • What is hot straightening

    What is hot straightening

    What is hot straightening? Hot straightening is an operation to correct the deformation by applying external force or changing the internal stress state of steel parts in various ways with the help of the characteristics of good plasticity of steel parts at a certain temperature. Due to the heati...
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