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Short term 40Cr steel prices still have further room to fall

Short term 40Cr steel prices still have further room to fall

May-19-2021

Short term 40Cr steel prices still have room for further decline. However, in the medium term, the general direction of carbon peak and carbon neutral policy will continue. Starting in June, a new round of supervision work will be carried out.In terms of

JIS SM570 steel plate suppliers

JIS SM570 steel plate suppliers

May-18-2021

JIS SM570 steel plate is high strength carbon steel. SM570 steel has low carbon equivalent and good cold forming property. SM570 steel equivalent grades are ST52-3, A572 Gr.50, EN S355JR and so on. BBN steel is one of the famous JIS SM570 steel plate supp

India's exports of finished steel increased by 26% in the first quarter

India's exports of finished steel increased by 26% in the first quarter

May-17-2021

According to foreign media reports on April 28, strong demand for steel in European countries led India's exports of finished steel in the first quarter to a year-on-year increase of 26%, reaching 2.47 million tons.India's Steel Ministry p

Japan continues to cut material SS400 etc. steel production capacity

Japan continues to cut material SS400 etc. steel production capacity

May-14-2021

According to Nippon Steel, Japan's largest steel manufacturer, Japan's domestic material SS400 etc. steel demand continues to decline and it will soon be difficult to maintain its current business model, that is, to support production capa

International API 5L X60 PSL1 steel price is far higher than that in China

International API 5L X60 PSL1 steel price is far higher than that in China

May-13-2021

At present, the price of API 5L X60 PSL1 and so on steel products in the world is far higher than that in China's domestic market, which is becoming a powerful driving force to stimulate China's steel exports. The excessive steel export wi

API 5L X65 PSL1 steel price in May has strong upward momentum

API 5L X65 PSL1 steel price in May has strong upward momentum

May-12-2021

Under the influence of supply reduction expectation and strong performance of raw materials and fuels, steel enterprises have chosen to support the price, which makes the steel price rise more dynamic in May. It is expected that API 5L X65 PSL1 steel pric

The United States is facing a shortage of S690QL material and so on steel products

The United States is facing a shortage of S690QL material and so on steel products

May-11-2021

With the gradual recovery of the economy and US President Biden's vigorous promotion of infrastructure plans, US demand for steel such as S690QL material is expected to soar. Now "scarcity and panic" is driving up steel prices and invent

Why does API 5L X52 PSL2 steel price rise so fast recently

Why does API 5L X52 PSL2 steel price rise so fast recently

May-10-2021

Generally speaking, the price of API 5L X52 PSL2 steel is determined by supply, demand, cost, external environment and other factors. Since the beginning of this year, high demand combined with high cost of raw and fuel materials, international monetary e

It is expected that API 5L X65 PSL2 steel prices will continue to run high in the short term

It is expected that API 5L X65 PSL2 steel prices will continue to run high in the short term

May-08-2021

In May, the domestic steel market "made a good start", the black market opened high and went high, and the inventory continued to decline. Considering the holiday reasons, although the consumption declined, the range was within the expectation.

The resistance of API 5L X42 PSL2 steel price to continue to rise in May increased

The resistance of API 5L X42 PSL2 steel price to continue to rise in May increased

May-07-2021

In April 2021, the price of API 5L X42 PSL2 steel in China was strongly increased. In April, China's end-end demand was released rapidly, and the trading of steel markets in various regions was enlarged, especially in the north market. The charact

What role can carbon element play in stainless steel?

What role can carbon element play in stainless steel?

May-07-2021

First, carbon element will reduce the corrosion resistance, plasticity, toughness and weldability of stainless steel. This is because carbon and chromium have a strong affinity and can form a series of complex carbides with chromium. The higher the carbon

API 5L X65 PSL2 steel price faces callback risk in May

API 5L X65 PSL2 steel price faces callback risk in May

May-06-2021

Looking forward to China's steel market in May, carbon neutralization and environmental protection production restriction will still suppress the medium-term supply of steel, but in the short term, stimulated by high profits, API 5L X65 PSL2 price

Continuous high API 5L X60 PSL1 steel output

Continuous high API 5L X60 PSL1 steel output

Apr-30-2021

This week, the production of non limited production policy regions is strong, high profits continue to lift the production will of iron and steel enterprises, and the API 5L X60 PSL1 and so on steel output rise may continue in the short term.This week, th

The tax refund for export of some steel products will be cancelled from May 1, 2021

The tax refund for export of some steel products will be cancelled from May 1, 2021

Apr-29-2021

Tariff Commission of the State Council: from May 1, 2021, the tariff of some steel products shall be adjusted. Among them, the temporary duty rate of zero import is applied to pig iron, crude steel, recycled steel raw materials, ferrochrome and other prod

China's steel prices fluctuated upward in March

China's steel prices fluctuated upward in March

Apr-28-2021

In March, China's market demand was strong, steel prices fluctuated upward, and the increase was larger than that in February. Since April, steel prices have increased first and then decreased, and the overall upward trend continues to fluctuate.A

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