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After a significant decline in the 304L stainless steel pipe market, can we expect a rebound? The recent downward trend in the 304L stainless steel pipe market is quite obvious, and there will be a technical rebound demand in the later stage, and the market will have a certain increase in repleni...Read more »
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Futures dynamics： Recently, the macro positive situation has continued to increase. The GDP of the first quarter announced in the morning increased by 4.5% year on year, 2.2% month on month compared with the fourth quarter of last year, which is much higher than expected. However, the growth ra...Read more »
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A material with good resistance to seawater corrosion and widely used in marine engineering. However, in practical engineering applications, various corrosion damages often occur in the connection parts of this stainless steel, especially in the welding area, resulting in significant losses. Ther...Read more »
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Raw material dynamics 1. Billet Futures fluctuated and adjusted in green, with traders showing a cautious mindset and limited trading volume. The cost side prices have been weakened and lowered. Relevant data shows that there are signs of a weakening trend in the rapid economic recovery, with mac...Read more »
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In March, the price of stainless steel tubes rose first and then fell. Can they recover their strength in April? One is to focus on the impact of various uncertain and disturbing factors overseas on commodity market sentiment from a macro perspective; The second is the reductio...Read more »
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After Indonesia’s ferronickel production increased and Indonesia’s Delong production plummeted, Indonesia’s ferronickel supply surplus intensified. In the case of profitable domestic ferronickel production, the production will increase after the Spring Festival, resulting in a s...Read more »
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Since February this year, the iron and steel industry has been affected by many factors, such as macro expectations and industrial contradictions. The core is still around the “recovery”. Macro policy, market confidence, the conversion of supply and demand contradictions, and inventor...Read more »
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Shandong Wenyue Steel Co., Ltd., China The company’s main products are seamless steel pipe, alloy steel pipe, common plate, alloy steel plate, wear-resistant plate, stainless steel plate, rolling plate, stainless steel seamless steel pipe, stainless steel rolling plate, H-section steel, con...Read more »
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Shandong Wenyue Steel Co., Ltd., China The company’s main products are seamless steel pipe, alloy steel pipe, common plate, alloy steel plate, wear-resistant plate, stainless steel plate, rolling plate, stainless steel seamless steel pipe, stainless steel rolling plate, H-section steel, con...Read more »
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The company’s main products are seamless steel pipe, alloy steel pipe, common plate, alloy steel plate, wear-resistant plate, stainless steel plate, rolling plate, stainless steel seamless steel pipe, stainless steel rolling plate, H-section steel, construction threaded steel and constructi...Read more »
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According to the data of the National Bureau of statistics, in December 2021, China’s average daily output of crude steel was 2.78 million tons, an increase of 20.3% month on month; The average daily output of pig iron was 232.6 tons, an increase of 13.0% month on month; The average daily o...Read more »
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*** We will fully implement the task of “six guarantees”, strengthen cross cyclical adjustment of macro policies, increase support for the real economy, continue to restore development of the national economy, deepen reform, opening up and innovation, effectively ensure people’s...Read more »
