Industrial News

  • INSG: Global nickel supply to rise by 18.2% in 2022, driven by increased capacity in Indonesia

    INSG: Global nickel supply to rise by 18.2% in 2022, driven by increased capacity in Indonesia

    According to a report from the International Nickel Study Group (INSG), global nickel consumption rose by 16.2% last year, boosted by the stainless steel industry and the fast-growing battery industry. However, the nickel supply had a shortage of 168,000 tons, the largest supply-demand gap in at ...
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  • voestalpine’s new special steel plant begins testing

    voestalpine’s new special steel plant begins testing

    Four years after its groundbreaking ceremony, the special steel plant at voestalpine’s site in Kapfenberg, Austria, is now complete. The facility – intended to annually produce 205,000 tons of special steel, some of which will be metal powder for AM – is said to represent a technical milestone fo...
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  • Welding process classification

    Welding process classification

    Welding is a process of joining two metal pieces as a result of significant diffusion of the atoms of the welded pieces into the joint (weld) region.Welding is carried out by heating the joined pieces to melting point and fusing them together (with or without filler material) or by applying press...
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  • Global metals market facing worst situation since 2008

    Global metals market facing worst situation since 2008

    This quarter, base metals prices slumped the worst since the 2008 global financial crisis. At the end of March, the LME index price had fallen by 23%. Among them, tin had the worst performance, falling by 38%, aluminum prices fell by about one-third, and copper prices fell by about one-fifth. Thi...
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  • What is the difference between stainless steel 316,316L,316H,316Ti

    What is the difference between stainless steel 316,316L,316H,316Ti

    Hunan Great supplies 316 /316L seamless pipe. Need a quote? Send an email to : sales@hnssd.com SS 316,316L,316H,316Ti are both the 18/8 standard molybdenum based austenitic grades. Stainless steel grade 316 is an austenitic chromium-nickel stainless steel with molybdenum. second stainless steel i...
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  • Japan’s seamless steel pipe output drops in May on decreased car output & fewer operation days

    Japan’s seamless steel pipe output drops in May on decreased car output & fewer operation days

    According to statistics, Japan produced a total of around 13,000 tons of seamless steel pipes in May this year, dropping by 10.4% compared to the same month a year ago. The output in the first five months amounted to approximately 75,600 tons, a year-on-year decrease of 8.8%. The output of seamle...
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