Industry news
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Introducing Different Alloy Steel Pipes, Different Materials, And Corresponding HS Customs Codes(2)
1. Material: 12Cr1MoVG, corresponding to national standard GB5310, material 12Cr1MoVG, use: high-pressure boiler seamless pipe 2. Material: 15CrMoG, corresponding to the national standard GB5310, the material is 15CrMoG, the use is high-pressure boiler pipe, the correspo...Read more -
Machined seamless steel pipe
Machined seamless steel pipe is a common pipe material widely used in various fields. Its advantages include excellent pressure resistance, temperature resistance, reliable sealing performance and high corrosion resistance. Below I will give a detailed introduction to me...Read more -
3-year seamless steel pipe price trends for your reference
Here we provide you with a trend chart of seamless steel pipes in the past three years for your reference. All steel mills of seamless steel pipes have been on an upward trend, rising slightly. Driven by this, market sentiment has strengthened, business confidence has im...Read more -
Seamless steel pipe market news this week
According to Mysteel's inventory data: As of October 20, according to Mysteel's survey of the inventory of seamless pipes (123) merchants across the country, the national social inventory of seamless pipes this week was 746,500 tons, an increase of 3,100 tons from the pr...Read more -
International news, major events in China: The third “Belt and Road” International Cooperation Summit Forum will be held in China.
The opening ceremony of the third "Belt and Road" International Cooperation Summit Forum was held in Beijing on October 18. Xi Jinping, Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission, attended the opening c...Read more -
Many steel mills have released maintenance plans! Steel prices are rising, need to pay attention…
Factors affecting steel prices 1. Many steel mills released maintenance plans According to official website statistics, many steel mills have recently announced maintenance plans. With profit margins being squeezed, most steel companies have intensified their losses and ...Read more -
Introduction to petroleum Casing
Oil casing applications: Used for oil well drilling is mainly used in the drilling process and after the completion of the well wall support, in order to ensure the drilling process and the normal operation of the whole well after the completion.Due to the different geological conditions, the und...Read more -
Classification of steel tubes
Steel pipe can be divided into two categories according to the production method: seamless steel pipe and seam steel pipe, seam steel pipe is referred to as straight steel pipe. 1. Seamless steel pipe can be divided into: hot rolled seamless pipe, cold drawn pipe, precision steel pipe, hot expans...Read more -
Introduction to commonly used boiler tubing (2)
15Mo3 (15MoG) : It is a steel pipe in DIN17175 standard. It is a small diameter carbon molybdenum steel tube for boiler and superheater, and a pearlescent type hot strength steel. In 1995, it was transplanted to GB5310 and named 15MoG. Its chemical composition is simple, but it contains molybdenu...Read more -
General Administration of Customs: In June, China’s seamless steel pipe export increased by 75.68% year on year, and the cumulative export in the first half of the year was 198.15 million ton...
Data from the General Administration of Customs showed that China exported 7.557 million tons of steel in June 2022, down 202,000 tons from the previous month, up 17.0% year on year; From January to June, the cumulative export of steel was 33.461 million tons, down 10.5% year on year; In June 202...Read more -
ummary of continuous rolling pipe units under construction and in operation in China
At present, there are a total of 45 sets of continuous rolling mills that have been built or are under construction and put into operation in China. The ones under construction mainly include 1 set of Jiangsu Chengde Steel Pipe Co., Ltd., 1 set of Jiangsu Changbao Pleasa...Read more -
Operation of China’s steel pipe industry in 2021
2021, continue to deepen the reform of the supply side structural steel pipe industry in our country, promote the green low carbon industry transformation, and major changes in the country industrial policy, implement controlling capacity, output, abolish all steel export tax rebates, under the b...Read more -
Steel Stock Market
As the price continues to rise transaction support gradually weakened, coupled with the recent macroeconomic factors of the disturbance of the impact of the price is gradually revised, so the follow-up market price began to gradually become rational.On the other hand, with the gradual accumulatio...Read more -
Steel prices before and after the Spring Festival: before the festival is not bearish, not bullish after the festival
2021 has passed and a New Year has begun.Looking back on the year, the steel market has had its ups and downs.In the first half of the year, the global economic recovery, the rapid growth of domestic real estate and fixed asset investment, driving the demand for steel, steel prices into the risin...Read more -
The latest market report
This week steel prices rose as a whole, as the country in September to invest in the market capital brought by the chain reaction gradually emerged, downstream demand has increased, entrepreneurs macroeconomic index also showed that many enterprises said the economy in the fourth quarter good ope...Read more -
Steel Market Information
Last week (September 22-September 24) the domestic steel market inventory continued to decline. Affected by the non-compliance of energy consumption in some provinces and cities, the operating rate of blast furnaces and electric furnaces dropped significantly, and the domestic steel market price ...Read more -
Many steel mills in China plan to suspend production for maintenance in Sep
Recently, a number of steel mills have announced maintenance plans for September. Demand will gradually be released in September as the weather conditions improve, coupled with the issuance of local bonds, major construction projects in various regions will continue to proceed.From the supply sid...Read more -
Baosteel reports record quarterly profit, foreseeing softer steel prices in H2
China’s top steelmaker, Baoshan Iron & Steel Co., Ltd. (Baosteel), reported its highest quarterly profit, which was supported by strong post-pandemic demand and global monetary policy stimulus. The company’s net profit rose greatly by 276.76% to RMB 15.08 billion in the first half of th...Read more -
China’s Ansteel Group & Ben Gang merger to create world’s third-biggest steelmaker
China’s steel manufacturers Ansteel Group and Ben Gang officially started the process to merge their businesses last Friday (August 20). After this merger, it will become the world’s third-largest steel producer. The state-owned Ansteel takes 51% of the stake in Ben Gang from the regional state a...Read more -
China’s steel exports increase 30% y-o-y in H1, 2021
According to the official statistic from the Chinese government, the total exports of steel from China this first half of the year were around 37 million tons, increased by over 30% year on year. Among them, the different types of exporting steel including round bar and wire, with around 5.3 mill...Read more -
Export tariff readjustment steel city usher in a watershed?
In the production policy led, in July the performance of the steel city.As of July 31, the hot coil futures price surpassed the 6,100 yuan/ton mark, the rebar futures price approached 5,800 yuan/ton, and the coke futures price approached 3,000 yuan/ton.Driven by the futures market, the spot marke...Read more -
China to raise export tariffs on ferrochrome & pig iron from Aug 1
According to the announcement from China’s Customs Tariff Commission of the State Council, in order to promote the transformation, upgrading, and high-quality development of the steel industry in China, the export tariffs on ferrochrome and pig iron will be raised from August 1, 2021. The export ...Read more -
China’s square billet imports increase in Jun on concerns of production cut plan in H2
China’s traders imported square billet in advance as they expected a large-scale production cut in the second half of this year. According to statistics, China’s imports of semi-finished products, mainly for billet, reached 1.3 million tons in June, a month-on-month increase of 5.7%. China’s meas...Read more -
EU’s carbon border tariffs’ impact on China’s steel industry
The European Commission recently announced the proposal of carbon border tariffs, and the legislation was expected to be completed in 2022. The period of transitional was from 2023 and the policy will be implemented in 2026. The purpose of levying carbon border tariffs was to protect domestic ind...Read more
