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After a week of rising, as the resources of major steel mills have been put into storage one after another, but the downstream has not yet entered the market, the hot rolling market has also receded, and the price of stainless steel has a downward trend. The February sales day has ended. So how w...Read more »
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On February 22, Jianlong Group, China Railway 9th Bureau Group Co., Ltd. (referred to as China Railway 9th Bureau), and Jianke Machinery (Tianjin) Co., Ltd. (referred to as Jianke Machinery (Tianjin)) held tripartite talks in Shenyang, Liaoning Province. Signed the “Tripartite Cooperation A...Read more »
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Lun Nickel rushed down yesterday. Lun Nickel opened at US$19,500/ton, and then quickly pulled up. The highest intraday hit 19,900 points, and the largest rise was as high as $380. After that, it continued to weaken. The lowest intraday hit 18,985 points, and the largest intraday drop was 535. The...Read more »
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As one of Songyang’s leading stainless steel pipe companies, Shangshang Desheng Group Co., Ltd. has been committed to building a smart factory since it settled in Songyang in 2014. Nowadays, the company realizes intelligence in all aspects of raw materials, production, quality inspection, a...Read more »
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After the long Spring Festival holiday, the price of high chromium rose immediately after the opening of the market. So far, the mainstream quotations of high chromium manufacturers have increased by 300 yuan/50 basis tons after the holiday to around 8,800-9000 yuan/50 basis tons, quickly reachin...Read more »
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Since November this year, iron ore prices have entered a period of accelerated growth. On December 21, the closing price of the main iron ore futures contract reached 1144.5 yuan/ton, a record high since iron ore futures were listed in 2013. On the same day, the China Iron Ore Price Index (CIOPI)...Read more »
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Affected by the new crown pneumonia epidemic, global steel and upstream and downstream related companies have repeatedly cut production and stopped production since the beginning of 2020. Demand has shrunk, supply has been blocked, and they have faced high shutdown costs and greater cash pressure...Read more »
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Today’s stainless steel futures fluctuated strongly, the 2103 contract closed up 170 yuan to 13,910 yuan/ton, and the stainless steel futures 2103 contract settlement price was 13,920 yuan/ton. Today, the private 304/2B 2.0 four-foot trimming price in the Wuxi spot market is 14,870 yuan/ton...Read more »
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2021 has begun, and the actual operation of Baowu after the reorganization of Taigang has also begun, one by one… On December 23, TISCO announced that it had completed the registration of industrial and commercial changes, and the controlling shareholder was changed to China Baowu, marking ...Read more »
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When most stainless steel pipes leave the factory, they are the same as most of the products we see in our lives. The surface is polished, showing a silver-white metallic luster, and is very flat and smooth. This is the bright surface pipe that everyone often calls . In addition, for those factor...Read more »
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On the morning of December 14, a series of publicity and education activities dedicated to the “130 years of Baowu in China” and a celebration ceremony for the hot load test run of the key project Baosteel Desheng 1780 Hot Rolled stainless steel in Fujian Province was held in Baosteel...Read more »
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A few days ago, my country’s first cross-sea road-rail dual-use bridge and the world’s longest cross-strait road-rail dual-use bridge-the Pingtan Strait dual-use road and rail bridge opened to traffic. During the construction of the bridge, HBIS supplied more than 60,000 tons of high-...Read more »