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PMI of steel industry in July: the growth rate of steel production fell down

PMI of steel industry in July: the growth rate of steel production fell down

Aug-03-2020

In July 2020, the PMI index of China's steel industry was 49.2%, down 0.1% from the previous month, and the steel industry remained relatively stable.The sub index shows that the growth rate of iron and steel production has slowed down, the market

China hot rolled steel market price forecast on July 29, 2020

China hot rolled steel market price forecast on July 29, 2020

Jul-29-2020

On July 28, the average price of 4.75mm hot-rolled steel plates and coils in 24 major cities across the country was 4109 yuan/ton, down 2 yuan/ton from the previous trading day. Yesterday, the price of the black commodity futures market rose and fell. The

Market price of hot rolled steel on July 21, 2020

Market price of hot rolled steel on July 21, 2020

Jul-22-2020

On July 21, the average price of 4.75mm hot rolled steel plates and coils in 24 major cities across the country was 4095 yuan/ton, an increase of 7 yuan/ton from the previous trading day.On the whole, the market has a strong wait-and-see sentiment.

China exported 3.701 million tons of steel products in June

China exported 3.701 million tons of steel products in June

Jul-17-2020

According to the data of the General Administration of Customs on July 14, 2020, China exported 3.701 million tons of steel products in June 2020, a decrease of 699,000 tons from the previous month, a year-on-year decrease of 30.3%; from January to June,

China exported 25 million tons of steel from January to May 2020

China exported 25 million tons of steel from January to May 2020

Jul-09-2020

From January to May, China (referring to mainland China only, the same below) imported 5.464 million tons of steel, an increase of 12.0% year-on-year. From January to May, China exported 25 million tons of steel, down 14.1% year-on-year.

Brazilian steel companies announced price increase

Brazilian steel companies announced price increase

Jun-22-2020

According to INDA, Brazilian steel producers Usiminas and ArcelorMittal Brazil may follow suit to raise steel prices after CSN announced a 10.5% increase in steel prices in its distribution chain.Both Usiminas and ArcelorMittal Brazil should do the same,

A week's review of Zhengzhou hot rolled plate and coil market

A week's review of Zhengzhou hot rolled plate and coil market

Jun-19-2020

This week (6.8-6.12), the local hot rolled plate and coil prices in Zhengzhou were mainly stable, and the market prices of BBNsteel carbon steel hot rolled coils 1.8mm and 2.0mm were 4,090 yuan/ton and 4,050 yuan/ton respectively.

The global steel market has a strong trend

The global steel market has a strong trend

Jun-17-2020

Following last month's rally, the international steel market, which started in June, has been booming. During the reporting period, the global steel benchmark price index at 97.2 points rose 1.5% on a week-on-week basis (the increase expanded), ro

Steel market analysis: Large probability of wide oscillation of iron ore

Steel market analysis: Large probability of wide oscillation of iron ore

Jun-11-2020

From the perspective of macroeconomic indicators, the construction industry has recovered rapidly. Relevant data show that the investment in infrastructure construction (excluding electricity) from January to April has increased by -11.8% year-on-year, a

The steel coil price forecast this week in China

The steel coil price forecast this week in China

Jun-08-2020

Strip steel: Chinese strip steel price is relatively strong. The low price transaction is Ok, but the high price transaction is unsatisfactory. Strip steel traders are confused about the market. The high cost of raw materials and the recent upgrading of e

Saudi Arabia will impose the highest licensing tariff on imported steel materials

Saudi Arabia will impose the highest licensing tariff on imported steel materials

Jun-03-2020

According to foreign media, Saudi Arabia plans to raise the import tariff rate of various kinds of steel materials to the highest "binding tax rate" permitted by the World Trade Organization (WTO).From June 10, the import tariff of steel billet

What is the delivery condition of S550Q plates?

What is the delivery condition of S550Q plates?

May-28-2020

S550Q steel plates are delivered in the quenched and tempered tempered state. S550 series steel can be divided into four grades such as S550Q, S550QL, S550QL1 grade, belonging to the European standard low 5261 alloy high strength steel EN 10025-6-2004. f

P420M/1.8824 steel plate

P420M/1.8824 steel plate

May-28-2020

P420M is a special alloy flat steel product for pressure vessels, which can be welded with fine-grained thermo-mechanical rolled steel. The implementation standard is EN10028-5, number: 1.8824.

P355NL1 hot rolled plates BBN steel stock

P355NL1 hot rolled plates BBN steel stock

May-26-2020

EN10028-3 P355NL1 material is a low-temperature quality steel of European Union standard.
Its quality parameters are:P355NL1 plates and sheets thickness BBN steel supply 8-260mm.

May 25th Zhengzhou market hot rolled plate price

May 25th Zhengzhou market hot rolled plate price

May-26-2020

Today (May 25th), the latest trend of the hot-rolled plate prices in the Zhengzhou market showed a decline in performance. Among them, the price of BBN hot rolled sheet 3.0 * 1500 Q235B steel: 3780 RMB/ton, down 20 from yesterday.

What is the application of A517GrB alloy?

What is the application of A517GrB alloy?

May-22-2020

A517GrB steel plate is a high-strength quenched and tempered alloy steel for pressure vessels and welded boilers. A517GrB alloy steel should be killed steel, and should meet the requirements of A20 / A20M standard fine austenite grain size.

China adjusts iron ore import supervision

China adjusts iron ore import supervision

May-22-2020

As a global manufacturing country, China has long been the world's largest importer and consumer of iron ore. According to official Chinese data, China's iron ore imports in 2019 totaled 1.069 billion tons, an increase of 0.47% year-on-year, the second

Differences between 20Cr and 40Cr alloy

Differences between 20Cr and 40Cr alloy

May-19-2020

20Cr alloy steel and 40Cr steel are mostly used to make carburized parts (oil quenching) with high core strength requirements, surface wear, cross section below 30mm, or messy shape and light load, such as: machine tool gearbox gears, gears Shaft.

A106 Gr.A seamless steel pipe for high-temperature service

A106 Gr.A seamless steel pipe for high-temperature service

May-18-2020

A106 Gr.A seamless steel pipe has very good welding performance. Due to the low C content, normally there will be no severe hardening structure due to welding, and the welded joint has good plasticity and toughness. It belongs to the ordinary carbon steel

P355NH steel vs P460NH steel

P355NH steel vs P460NH steel

May-14-2020

P355NH steel and P460NH are pressure vessel steel grades under EN10028-3 standard. P355NH steel is a non-alloy quality steel, while P460NH steel is a alloy special steel. Welcome to contact us if you are interested in our weldable fine grain structural st

P355NL1 steel vs P355NL2 steel

P355NL1 steel vs P355NL2 steel

May-14-2020

P355NL1 steel and P355NL2 steel both are weldable fine gran steels for pressure purposes. These steel plates are supplied in normalized condition. For the chemical composition, there are subtle differences of phosphorus and sulphur content as follows.

BBN steel casting the brand power of the powerful steel country

BBN steel casting the brand power of the powerful steel country

May-13-2020

On May 10 this year, the fourth Chinese brand day was ushered in. In fact, as early as 2014, General Secretary Xi Jinping had proposed "three changes" during his inspection in Henan-"Promote the transformation of Chinese manufacturing to Chinese creati

What are the proof strength requirement of P460NH at elevated temperature?

What are the proof strength requirement of P460NH at elevated temperature?

May-11-2020

P460NH under EN10028-3 weldable fine grain steel standard is alloy special steel. It is always delivered in normalized condition. P460NH tensile strength is at 570_720 Mpa for thickness belows 60mm,even maximum 730 Mpa is OK for the product thicknesses up

What are the differences of P460NL1 and P460NL2 steel?

What are the differences of P460NL1 and P460NL2 steel?

May-11-2020

P460NL1 and P460NL2 are European special alloy steels for pressure purposes and mainly used for manufacturing pressure vessels and boilers and tanks. The mechanical properties requirement of P460NL1 and P460NL2 steel are same.

What are the characteristics of 30CrMo seamless steel pipe?

What are the characteristics of 30CrMo seamless steel pipe?

May-08-2020

30CrMo seamless steel pipe has high strength and toughness, high hardenability, and the critical hardening diameter in oil is 15-70mm; the thermal strength of steel is also good, with sufficient high temperature strength below 500 ℃.

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