Industrial News

  • European metal manufacturers face cutting or closing production on concern of high energy costs

    European metal manufacturers face cutting or closing production on concern of high energy costs

    Many European metal manufacturers might face to shut down their production because of high electricity costs because Russia stopped supplying natural gas to Europe and made energy prices hike. Therefore, the European non-ferrous metals association (Eurometaux) indicated that the EU should solve t...
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  • Turkey’s crude steel production slides in July

    Turkey’s crude steel production slides in July

    According to the Turkish Iron and Steel Producers’ Association (TCUD), Turkey’s crude steel production totaled around 2.7 million tons in July this year, falling by 21% compared to the same month a year ago. During the period, Turkey’s steel imports dropped by 1.8% year on year to 1.3 milli...
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  • China Steel Exports Dropped Further in July, While Imports Record New Low

    China Steel Exports Dropped Further in July, While Imports Record New Low

    According to data from the General Administration of Customs, in July 2022, China exported 6.671 million mt of steel, a drop of 886,000 mt from the previous month, and a year-on-year increase of 17.7%; the cumulative exports from January to July were 40.073 million mt, a year-on-year decrease of ...
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  • China’s stainless steel inventory drops due to reduction in arrivals

    China’s stainless steel inventory drops due to reduction in arrivals

    According to statistics on August 11, China’s social inventories of stainless steel have been dropping for three consecutive weeks, of which the decrease in Foshan was the biggest, mainly the reduction in arrivals. The current stainless steel inventory basically maintains sufficient at 850,000 to...
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  • Turkey’s seamless pipe imports rise in H1

    Turkey’s seamless pipe imports rise in H1

    According to the Turkish Statistical Institute (TUIK), Turkey’s seamless steel pipe imports totaled around 258,000 tons in the first half of this year, rising by 63.4% compared to the same period a year ago. Among them, the imports from China accounted for the largest proportion, totaling roughly...
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  • Carbon Steel Seamless Pipe Grade

    Carbon Steel Seamless Pipe Grade

    Standard of carbon steel seamless pipe   ASTM A53 Gr.B Black and hot-dipped zinc-coated steel pipes welded and seamless ASTM A106 Gr.B Seamless carbon steel for high temperature service ASTM SA179 Seamless cold-drawn low-carbon steel heat exchanger and condenser tubes ASTM SA192 Sea...
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