The Chinese government has ordered major steel mills in China to cut production significantly. And North American Stainless (NAS) has to declare force majeure. +49 7642 ... the main North American stainless steel producer NAS is declaring force majeure due to supply difficulties for industrial gases. And on the SHFE, stainless steel ...
WhatsApp: +86 18838072829March 15, 2023 at 1:34 AM PDT. Listen. 1:51. China will again cut annual crude steel production in 2023, according to a person familiar with the decision, marking the third year in a row that the ...
WhatsApp: +86 18838072829By midAugust, some of Guangqing's meltshop capacity was switched from 300series stainless to carbon steel production. This means that six of Guangqing's eight AOD furnaces are producing carbon steel—we expect the plant's stainless steel output to fall by around 3040% m/m in August, before dropping lower still in September.
WhatsApp: +86 18838072829Regional breakdowns published by World Stainless show Chinese mills continues to churn out stainless steel this year. The nearly million metric tons made in China in the first half of this year—nearly 62 percent of the world's total—is up by percent compared with last year's firsthalf output.
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WhatsApp: +86 18838072829The operating capacity of India's stainless steel (SS) mills has declined to the alarmingly low level of 55% due to cheap imports from China and other Free Trade Agreement (FTA) countries amid weak demand. The production capacity has come down from 6570% level a year ago. Speaking on the sidelines of the announcement of Indinox 2015, a ...
WhatsApp: +86 18838072829To reflect demand of nickelpigiron, stainless steel mills in China paid about 1,000 yuan (160) per 1 percent of metal content for nickelpigiron containing 1015 percent of metal this week.
WhatsApp: +86 18838072829The cost of everything needed for China's postpandemic infrastructure boom, from steel and coal to glass and cement, is soaring. The price of rebar, a type of steel used to reinforce concrete ...
WhatsApp: +86 18838072829BEIJING (Reuters) China began an antidumping investigation on Monday into stainless steel imports worth billion, including from a privately owned Chinese mill with operations...
WhatsApp: +86 18838072829metric tons of steel mill products (2018) 594% steel import growth since 2009 Yearonyear import volume up 11% while import value up 41% Import penetration down from % in 2016 to % in 2017 Top three import sources: China, Russia, Japan Largest producers: Steelasia Manufacturing, Stronghold Steel, Treasure Steelworks
WhatsApp: +86 18838072829In recent years, the Chinese government has taken steps to cut the industry's overcapacity. This has barely affected China's global share of crude steel production, which has continued to rise ...
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WhatsApp: +86 18838072829Chinese stainless producer Taigang Stainless Steel Co. has received approval from the Bureau of Indian Standards (BIS) for its products. ... Major steel and raw material futures prices in China November 7, 2023. 07 Nov | Longs and Billet. Chinese and ASEAN mills attempt export price hikes, buyers' response limited so far. 07 Nov | Longs ...
WhatsApp: +86 18838072829May 19, 2020, 7:11 AM In Indonesia, a vast new stainlesssteel plant can produce an impressive 3 million metric tons of the shiny metal each year. And the plant isn't even an Indonesian...
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WhatsApp: +86 18838072829In 2011 China was the largest producer of steel in the world producing 45% of the world's steel, 683 million tons, an increase of 9% from 2010. 6 of 10 of largest steel producers in the world are in China. Profits are low despite continued high demand due to high debt and overproduction of high end products produced with the equipment financed ...
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WhatsApp: +86 18838072829August 19, 2021 Measures taken by the Chinese government are causing stainless steel exports to fall. This reduces available stainless steel imports to Europe, which is dependent on imports due to robust demand. Chinese NPI stable, nickel ore prices rise. Strong US steel demand significantly increases shipments via sea routes.
WhatsApp: +86 18838072829In a joint representation by four industry bodies, it was stated that some 500odd MSME stainless steel rerolling mills across Jodhpur, Ahmedabad, Delhi NCR and Jagadhri have put in an ...
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WhatsApp: +86 18838072829If implemented, the ban is expected to disrupt Asian steel trade flows, especially for stainless steel since Taiwan is the biggest importer of these products from China, market participants said. Taiwan received the largest share of China's total stainless exports last year, at 21%, or 786,700 tonnes, according to a US Department of Commerce ...
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WhatsApp: +86 18838072829China wants to lower its steel production this year, but that could prove difficult. In the first half of 2021, Chinese steel mills have churned out nearly 12% more crude steel compared to the ...
WhatsApp: +86 18838072829Stainless Espresso: Taiwanese stainless steel mills plan price increases for February. 19 January 2022 Taiwanese and Japanese stainless steel producers plan price increases for February 2022. Chinese stainless steel already more expensive and hard to get. Metals continue their rally from 2021. And nickel stocks continue to decline.
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