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Vietnam becomes India’s largest steel exporter last fiscal
According to Mysteel, India shipped about 1.72 million tons of steel to Vietnam in the 2021-2022 fiscal year, of which about 1.6 million tons were hot coils, a decrease of about 10% year-on-year. Nonetheless, India’s total steel exports rose by around 30% year-on-year, mainly due to highe...Read more -
What is the main structural form of steel props
Steel props are suitable for high-rise, long-span structures. The steel material is average, the plasticity and toughness are good, and the structural reliability is high. The internal crystal structure of the steel is dense and average. It is an elastic-plastic material with approximately isot...Read more -
Production technology and application of hot-dip galvanized steel pipe
Hot-dip galvanized pipe is to make the molten metal react with the iron matrix to produce an alloy layer, so that the matrix and the coating are combined. Hot-dip galvanizing is to pickle the steel pipe first. In order to remove the iron oxide on the surface of the steel pipe, after pickling, i...Read more -
Vietnam’s January steel imports and exports fell year-on-year
According to Vietnam Customs statistics, Vietnam exported about 815,000 tons of steel in January 2022, down 10.3% month-on-month and 10.2% year-on-year. Among them, Cambodia, as the main destination, exported about 116,000 tons, down 9.6% year-on-year, followed by the Philippines (about 33,000 to...Read more -
Pakistan makes final anti-dumping ruling on cold-rolled coils in Taiwan
On February 3, 2022, the National Customs Commission of Pakistan issued the latest announcement of Case No. ADC60/2021/NTC/CRC, stating that the cold-rolled coils (Cold) originating in or imported from Taiwan, the European Union, South Korea and Vietnam Rolled Coils/Sheets) made an affirmative fi...Read more -
Multiple factors impact Turkey’s rebar prices instead of falling
According to Mysteel, the Turkish market is currently affected by multiple factors, and the demand for finished products in both the domestic and export markets is not performing well. In currencies, a weaker lira boosted local steel prices. USD/Lira is currently trading at 13.4100, compared to 1...Read more -
Saudi HRC demand rises, but CRC and hot-dip galvanizing market transactions are weak
Amid the sluggish transactions in the cold coil and hot-dip galvanized markets, the transaction in the Saudi HRC market increased. According to research, the new crown pneumonia variant Omicron did not significantly suppress market activities. On the contrary, after the price was adjusted, mark...Read more -
U.S. hot rolls fall below 10,000, and there is still room for decline in the short term
According to Mysteel, U.S. steel prices have continued to decline recently. As of last Friday, U.S. time, the mainstream HRC transaction price was $1,560/ton (9,900 yuan), down $260/ton from the same period last month. According to a person in charge of an American steel processing center, Mystee...Read more -
Middle East imported HRC prices slump, Saudi HRC prices steady
According to Mysteel, the price of mainstream hot coils in the Middle East is currently on a downward trend. The price of 3.0mm size is US$820/ton CFR Dubai, down by about US$20/ton week-on-week. Although the price of imported HRC in the Middle East is gradually weakening, the price of imported...Read more -
Strong EU market demand, steel mills raise HDG and CRC offers
According to Mysteel, European steelmakers are raising their hot-dip galvanized coil (HDG) and cold-rolled coil (CRC) prices, driven by strong local demand, especially from automotive suppliers. Recently, ArcelorMittal set the target price of hot-dip galvanizing in northern Europe at 1,160 euros/...Read more -
Roofing sheet
Roofing sheet was produced in the United States in the 1930s. In the early 1980s, Wuhan Iron and Steel and Baosteel first introduced color-coated steel production lines. Since then, my country has begun to apply domestic color-coated profiled panels to industrial buildings, such as Shandong Mas...Read more -
Severstal Steel’s outstanding performance in 2021
Recently, Severstal Steel held an online media conference to summarize and explain its main performance in 2021. In 2021, the number of export orders signed by the Severstal IZORA steel pipe plant increased by 11% year-on-year. Large-diameter submerged arc welded steel pipes are sti...Read more -
Application of hot-dip galvanized products
Hot-dip galvanizing is immersion plating in a molten zinc solution. The production speed is fast, and the coating is thick but uneven. The minimum thickness allowed by the market is 45 microns and the highest can reach more than 300 microns. The color is darker, consumes a lot of zinc metal, fo...Read more -
The function and use of black annealed tube
Black annealed pipes actually belong to a very common and widely used steel pipe. If cold-rolled steel is heated to an annealed temperature, the appearance of cold-rolled steel is black due to high temperature contact with air, and its appearance is not brightened. The physical properties will be...Read more -
Process flow and use of hot-dip galvanized steel angle bar
Hot-dip galvanized steel angle bar is to immerse the derusted angle steel in a molten zinc solution at about 500°C to attach a zinc layer to the surface of the angle steel to achieve the purpose of anti-corrosion. It is suitable for various strong acids, alkali mists and other strong corrosive en...Read more -
Scaffolding development history
In the early 1980s, my country successively introduced various types of scaffolding such as H frame scaffolding and bowl-buckle scaffolding from abroad. H frame scaffolding has also been widely used in many domestic projects and achieved good results. Due to the product quality problems of H fra...Read more -
There is limited room for the price of cold and hot rolled coils to fall again
Since November, the market prices of cold and hot rolled coils have fluctuated and fallen, and steel traders are generally cautious about the market outlook. On November 19, Li Zhongshuang, general manager of Shanghai Ruikun Metal Materials Co., Ltd., predicted in an interview with a reporter fro...Read more -
Following the European Union, the United States and Japan initiated talks to resolve the steel and aluminum tariff dispute
After ending the steel and aluminum tariff dispute with the European Union, on Monday (November 15) US and Japanese officials agreed to start negotiations to resolve the US trade dispute over additional tariffs on steel and aluminum imported from Japan. Japanese officials said that the decision w...Read more -
Brazil becomes Turkey’s largest wire rod export market
According to Mysteel, despite rising freight rates, Turkish steel mills have been continuing to try overseas markets to increase exports. In recent months, Brazil has become Turkey’s largest wire rod export destination. Following the purchase of 78,000 tons of bars from Turkey in August, Br...Read more -
Thailand suspends anti-dumping duties on China-related hot-dip aluminum-zinc alloy cold-rolled steel sheets
On November 1, 2021, Thailand’s Dumping and Subsidy Review Committee issued an announcement stating that in view of the current uncertainty of the world steel situation and domestic steel trade situation, and in order to alleviate the impact of the new crown epidemic (COVID-19) on the domestic ec...Read more
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