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What are the standards for seamless pipes?
Introduction of seamless pipe The production of seamless pipes is a complicated process. We take the production process of hot-rolled seamless steel pipes as an example. The first step is to check whether the good pipes are ready or not, and then heat and perforate the bad pipes. When the pipes are bad and perforated After completion, the tube is rolled, and the seamless steel tube is then heated to reduce its weight. After a ce
The recent quotation of the European local hot spring was basically stable at 768 euros/ton EXW, which was basically flat on a month-on-week basis, and the number of transactions increased was not much. The transaction price is basically around 750 euros/ton. It is reported that some steel mills in Europe are considering raising the price of hot coils in the second quarter. The reduction of supply and the lack of obvious competitive advantage in import prices are the driving forces to further increase the local price. The price of h
Recently, a strong earthquake occurred in southeast Türkiye, and some market activities were suspended. At present, the focus is on providing assistance to the affected areas. As the second largest port in the southeast, Iskenderun has suffered serious damage in the earthquake and all operations have been suspended. According to reliable information, the earthquake had an impact on the steel industry in the southeast of the country. These
The impact of the earthquake intensifies, the shutdown of some steel plants in Türkiye
The multiple earthquakes in Türkiye on February 6 will affect the steel production and shipment of steel plants in the affected areas. Due to the heavy snow, the situation is deteriorating, the energy transmission line has failed, and the communication is interrupted. Due to the losses caused, Türkiye
Domestic demand and external demand jointly warm up China's steel export sentiment
According to Mysteel, some downstream steel enterprises in China have not fully resumed work, but the steel price is bullish and the leading steel mills have strong willingness to raise prices. Most Southeast Asian and Chinese steel mills basically sold out their export resources in March, and some steel mills quoted higher prices for plate resources in April. At present, the export price of mainstream common coil is 640-650 USD/ton FOB, and the price of cold coil is more than 700 USD/ton FOB. There are no large orders yet.
Looking forward to the steel market in January 2023
Looking forward to 2023, there will be some changes in the logic of steel market transactions. First, epidemic prevention and real estate policies have been optimized; Second, the economic cycles of different economies switch in stagflation, recession and recovery; The third is the inventory cycle from active to passive destocking. Under this background, there is no doubt that the center of gravity has further downward pressure on commodity prices. Although there has been a staged rebound, the height of the rebound will still be res
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.