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In order to stimulate economic recovery, monetary easing policies have been implemented around the world, which has led to a general rise in commodity prices China-Australia relations, iron ore prices continue to rise China’s environmental protection production restriction policy requirements Capital market hype Economic recovery, increased steel demand

304 stainless steel is a common steel in stainless steel, also known as 18/8 stainless steel. Its characteristics are high temperature resistance, excellent processability, and good toughness. It is used as a frequently used steel. Commonly used in life are 304 stainless steel pipes, 304 stainless steel plates and 304 stainless steel coils. As a …

Where are 304 Stainless Steels Used? Read More »

Stainless steel is initially produced in slabs, which are then put through a conversion process using a mill, which converts the slab into coil prior to further rolling. These wide coils are typically made at around 1250mm (sometimes a little wider) and are known as ‘mill edge coils. The Stainless steel coils are made using superior quality …

Stainless Steel Strip Coil Read More »

This week nickel price performance is relatively strong, continued high, mainly due to the new energy sector by the hot funds, nickel also benefited.In addition, the earthquake in Indonesia also made the market a certain bullish sentiment.Stainless steel is high fall.The stainless steel market is widely said to be limited by logistics, capacity decline, resulting …

Nickel & stainless steel | recent gains callback to do weekly newspaper layout Read More »

The global spread of COVID-19 in 2020 poses a great challenge to the normal operation of the stainless steel industry.After a sharp drop of 9.8% in the first quarter of 2020, China’s stainless steel output increased by 30% in the second quarter compared with the previous quarter under the favorable development environment of important progress …

The production of stainless steel in 2020 will maintain the level of 2019 or increase slightly 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 »