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News

  • 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...
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  • 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...
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  • 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...
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  • 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...
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  • 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/...
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  • 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...
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  • 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...
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  • 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...
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  • 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...
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  • 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...
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  • 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...
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  • 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...
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