Industry News

Galvanized pipe

Galvanized pipe excellent corrosion resistance 1) large galvanized steel pipe solvent-free epoxy coating automatic coating technology using thermal curing technology, paint heating technology, the use of two-component spraying equipment spray solvent-free epoxy coating to improve the overall anti-corrosion coating corrosion and productivity, The labor intensity of the worker. 2) the use of large galvanized pipe […]

China's steel industry

China’s steel industry improves as capacity reduction pays off China’s steel industry posted higher prices and better profits last year as a result of progress made in reducing excessive capacity, according to the Ministry of Industry and Information Technology (MIIT). The steel price index came in at 121.8 at the end of December, up 22.4 […]

Steel Prices

Chinese Steel Prices Ease as Demand Softens in Winter Season Normally when supply is constrained prices will rise, but China’s steel market is presently at the mercy of several dynamics. On the one hand, Beijing is constraining polluting industries like steel and coke production. Those same policy decisions, however, are hitting industries that consume finished […]

steel demand

China’s steel demand has peaked   China’s demand for steel has peaked and the coming 14th Five-Year Plan period (2021-25) will witness a decrease in steel consumption in the construction industry, while demand in the manufacturing sector is expected to remain at the same level. During the period, steel consumption will mainly occur in the […]

steel production

China’s Hebei denies reports on steel production curb extension China’s Hebei province denied news reports on Thursday that it will extend steel production curbs imposed for the winter season, authorities in the region’s top steelmaking city Tangshan was considering such a move. The government for the northern province issued a statement on its Weibo account […]

Hot-dip galvanized steel strip

Hot-dip galvanized steel strip is a rust resistant zinc coated, The process results in a layer of zinc on each side of the steel sheet that is tightly adhering to the steel through the formation of an iron-zinc alloy bonding layer that is formed by a diffusion process while the heated steel strip is in […]

steel futures

Chinese steel futures drop on tepid winter demand Chinese steel prices fell on Friday, as demand stood tepid in winter months, weighing down raw materials. Construction activities have been stalled due to the frigid weather, denting consumption for steel, while other industrial activities slowed down ahead of the Lunar New Year holiday starting mid-February. “Snows […]

steel

China’s steel base continues huge capacity cuts China’s leading steel and iron producer Hebei Province will continue with huge capacity cuts in 2018. Hebei would draft a new three-year plan to continue pushing forward industrial reform in the province, Xu said when delivering a government work report at the annual session of the provincial people’s […]

Iron ore prices

Iron ore prices fall with steel in China amid slower demand Chinese rebar steel futures dropped nearly 1 percent on Monday on weaker demand over winter in the world’s top consumer, dragging down prices of raw material iron ore. Steel producers say supply in China remains excessive despite production curbs imposed by Beijing to battle […]

steel output

China govt curbs drop avg daily steel output to 12-mth low in Dec China’s average daily steel output fell 1.9 percent in December from the previous month, official data showed on Thursday, touching the lowest level in a year as government-imposed production curbs deepened. Total output climbed to 67.05 million tonnes in December from 66.15 […]