Foreword: Many industries have been affected by the epidemic, and stainless steel has also continued to slump in the downturn of the epidemic. Since June 1, Shanghai has entered the stage of fully restoring normal production and living order, and has fully implemented the normalized management of epidemic prevention and control. With the recovery of …
Stainless steel is a corrosion-resistant alloy of iron, chromium and, in some cases, nickel and other metals. Completely and infinitely recyclable, stainless steel is the “green material” par excellence. In fact, within the construction sector, its actual recovery rate is close to 100%. Stainless steel is also environmentally neutral and inert, and its longevity ensures it meets …
（1）different ingredients： 316l：C≤0.03，Si≤1.00，Mn≤2.00，P≤0.035，S≤0.03，Ni:10.0-14.0，Cr:16.0-18.5，Mo:2.0-3.0 316：C≤0.08，Si≤1.00，Mn≤2.00，P≤0.035，S≤0.03，Ni:10.0-14.0，Cr:16.0-18.5，Mo:2.0-3.0 （2）different grades： 316l: The old grade is 00Cr17Ni14Mo2, the new grade is 022C17N12M2, which is American standard TP316L, Japanese standard SUS316L 316: The old grade is 0Cr17Ni12Mo2, and the new grade is 06C17N12M2, which is American standard TP316, Japanese standard SUS316 （3）different heat resistance: 316l: The carbide precipitation resistance of 316L …
The Difference Between 316 And 316l Stainless Steel Read More »
After the festival, the total social inventory of stainless steel in the national mainstream market was 909700 tons, with a weekly increase of 5.34% and a year-on-year increase of 4.57%. After the May Day holiday, the spot market price stabilized and strengthened, and some of the downstream …
The Stainless Steel Factory Raised The Price, The Market Atmosphere Warmed Up Read More »
After the crash decline in the US’ stock market on March 9th, all of the metal performance on the London Metal Exchange (LME) faced challenges too. However, the market is changing fast. The nickel prices had jumped to around US$12,900 after that, with a range of US$400/ton in a day, even higher than the prices …
Nickel price rebounds; stainless steel price supported Read More »
According to the market news, many of the stainless steelmakers decided to cut their production in China, especially in the East China region. The current total decrease in production in the East China region was around 50,000 tons. The main reason for this decision was the high inventory level. The stainless steelmakers did not take …
China’s stainless steelmakers plan to cut production Read More »
According to the market news, the current nickel inventory amount in the London Metal Exchange (LME) has continued to increase in the past 9 trading days. Among them, the inventory had increased by 2,700 tons on February 19th, and the total inventory hit 221,000 tons recently. The inventory currently has increased by nearly 15% month …
Walsin Lihwa was approved by the board of directors last week that it will form an alliance with Dingxin Group, a subsidiary of Tsingshan Group, to invest in a nickel pig iron (NPI) plant in Indonesia. It was expected to start production in the third quarter as soon as 2021. This project made Walsin Lihwa …
Taiwan’s Walsin Lihwa to set nickel pig iron plant in Indonesia Read More »
According to the report, the Dispute Settlement Body (DSB) to deal with disputes between World Trade Organization (WTO) members, they have mentioned adopting the opinion from experts and appellate body in a case of Turkey, particularly Morocco’s anti-dumping measures against certain hot-rolled coils (HRC) imports from Turkey. The WTO members observed that the Moroccan government …
WTO: Case of levying AD tariff on Turkish HRC from Morocco govt violates rule Read More »
British Union have called for a emergency meeting of the National Ateel Council to express their concerns about Tata Steel UK, one of the leading steelmakers in the world. Tata steel’s loss in the UK increased to GBP 371 million this year, Previously, Tta chairman said it was unlikely that India would continue to fund …
British Union seeks an emergency meeting on Tata Steel Read More »
It as reported on December 27th, 2019, the Eurasian Economic Commission(ECC)’s Department for Internal Market Protection announced to terminate the safeguard measures investigation on imports of stainless steel welded pipes. This decision was based on the application withdrawed by the applicants.
Qukin steel Corporation, one of the largest integrated stainless steel mill in Southeast Asia, announced its new prices for January 2020. According to the price adjustment, the domestic price for 300 and 400 series was kept unchanged compared the previous month, but the export prices were raised by US$30-50/ton based on different regions. Qukin said …
Stainless steel raises export price for Jan 2020 Read More »
Jianglin steel, Yuanjiabao, Chagugang county, Wuqing District, Tianjin
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