Industry News
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Global Steel Industry Faces Challenges: Crude Steel Production In August Significantly Declines Year-on-year
Summary: Recently, the World Steel Association released the latest statistical data, revealing the severe situation faced by the global steel industry in August 2024. Data shows that the total crude steel production of 71 countries included in the statistics reached 144.8 million tons worldwide i...Read more -
BHP.US Escondida Copper Mine Workers Go On Strike
According to Kallanish on August 14th, workers at the Escondida copper mine in Chile went on strike on the morning of August 13th after local unions failed to reach an agreement with BHP Billiton. The above-mentioned union stated that its negotiations with BHP did not make “substantial prog...Read more -
Steelmaker says it will spend $110 million on upgrades to its steel plate production system in Baytown, Texas.
Steel manufacturer, Steelmaker, has announced a significant investment of $110 million in upgrading its steel plate production system in Baytown, Texas. This move is expected to enhance the company’s production capabilities and further solidify its position in the steel industry. The investment w...Read more -
Understanding the Steel Market in Saudi Arabia
Saudi Arabia intends to invest about $12 billion in steel projects to increase steel production and meet the significant growth in domestic demand. The investment is part of the country’s efforts to diversify its economy and reduce its reliance on oil revenues. The investment will focus on expand...Read more -
What are the eight major steel grades？
The eight major steel grades include: Hot rolled coil: a steel plate made by high-temperature hot rolling processing, with rust on the surface and poor mechanical properties, but with lower processing and cost. Cold rolled coil: Steel plate processed by cold rolling process, with a smooth surface...Read more -
Exploring the Advantages of Welding Carbon Steel Round Pipes
Welding carbon steel round pipes offers numerous advantages that make it a popular choice for many industries. Whether it’s for construction, manufacturing, or infrastructure projects, carbon steel round pipes are a versatile and durable option that can withstand a variety of environmental ...Read more -
Reviewing 2023, The Steel Market Is Moving Forward Amidst Fluctuations
Looking back at 2023, the overall global macroeconomic performance was weak, with strong expectations and weak reality in the domestic market colliding fiercely. Steel production capacity continued to be released, and downstream demand was generally weak. External demand performed better than dom...Read more -
Supply and Demand of Deformed Steel Bars
1、 Production Coarse steel is the raw material for casting steel plates, pipes, bars, wires, castings, and other steel products, and its production can reflect the expected production of steel. The production of crude steel showed a significant increase in 2018 (mainly due to the release of crud...Read more -
Walking Into Deformed Steel Bars
1.What is rebar The common name for hot-rolled ribbed steel bars is rebar, but the reason why it is called rebar is mainly because this name is more vivid and vivid. The surface of threaded steel usually has two longitudinal ribs and transverse ribs evenly distributed along the length direction. ...Read more -
The China Iron and Steel Industry Association Predicts That China’s Steel Exports Will Exceed 90 Million Tons in 2023
The China Iron and Steel Industry Association has made a bold prediction, stating that China’s steel exports are expected to exceed 90 million tons in 2023. This forecast has unsurprisingly caught the attention of many industry analysts, as it represents a significant increase from the prev...Read more -
What are the Performance Characteristics of Channel Steel ？
Channel steel is a versatile and widely used construction material in the industry, known for its impressive performance characteristics. With its unique shape and design, channel steel offers many benefits for various applications. One of the key performance characteristics of channel steel is ...Read more -
Alloy Steel Has Excellent Mechanical Eroperties And Good Process Performance
Alloy steel, known for its excellent mechanical properties and good process performance, is making waves in the manufacturing and construction industries. With its high strength, hardness, and durability, alloy steel has become a preferred choice for a wide range of applications. Due to its excep...Read more
