steel plate production

Indonesian steel production capacity will return to 80% next year

Afew days ago, Indonesia’s steel industry association executive manager of yue. He s put los (HidajatTriseputro) said, with a large number of infrastructure projects initiated, confident will be able to achieve the target. “If all qualified engineering use goods, I think that next year, China’s steel production capacity utilization rate will rise to 80%, even…

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steel sheets view

Steel mills start to raise prices in the USA and EU

Steel market in Europe and the United States in 2015 basically has experienced a falling for a whole year, while the middle had a steel mill try to raise prices, but have failed. Near the end of the year, as scrap steel prices stabilize or rebound, Europe and the United States steel mills have started…

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steel production

The steel market remained weak in EU

This week, the European plate volume market remained weak, the market supply and demand fundamentals did not improve, the mood more pessimistic, steel mills and willingness of the end user to reduce inventory. Sheet, ruhr in Germany this week hot roll ex-factory price temporarily stabilized, reported in 330-330 euros/ton, import price and flat last week,…

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steel sheets view

Global steel industry layoffs continues

On October 18, Tata Steel (Tata Steel), in a news release its long products production center is located in the UK scunthorpe plant and Scotland rana g factory will lay off more than 1200 people. We have learned, tata steel long products division of British employees 3500 people, most will face the possibility of layoffs.…

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ETP coil

Steel import fall in the USA in September

In September, according to data released by the us department of commerce, the total imports of steel is about 2.516 million tons, fell 9.4%, fell by nearly 29%, falling by more than 15% for five months. Varieties of points, compared with in August 2015, in addition to cold roll and medium thickness plate, other varieties…

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China steel coils

Steel prices fell trend is difficult to change

In recent years, the economic slowdown, excess capacity under the obvious contradiction between supply and demand, this is the root cause of the decline in steel prices, but since this year, a significant decline in steel demand, steel demand fell by more than 5% a year, increased steel prices downward pressure. In the first half…

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gas-filter-1

SINOLIGHT made improvement in automotive filter with cold-rolled steel sheet

Recently, further subdivided SINOLIGHT technology center deep drawing with manufacture products market, refined car filter special steel category, specially developed filter press with steel DC04 – LQQ, delivered the user. Filter with large amount of steel stamping deformation and the characteristics of stamping process of large amount of material thinning, the formability of steel and…

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CSPI steel price index

Domestic steel price continue to slide

Due to clinch a deal the rut, the domestic steel price continues to decline. “Season difficult prosperous”, the season more than theory. And at the same time, the global iron ore market is again into the downlink channel, the mainstream miners thinks, even if has cut production to pull the ore price upward. According to…

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CIPS

CIPS Phase One Officially Start

Organized by the people’s bank of China for the construction of the cross-border payment system (CIPS) issue of running in Shanghai, for domestic and overseas financial institutions renminbi cross-border and offshoring fund settlement and settlement services, is an important financial infrastructure. Van a fly a deputy governor of the people’s bank of China said at…

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