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  • 2024 - 12 - 04
    With the acceleration of economic and social green transformation driven by the promotion of the "dual-carbon" target, there has been a significant surge in demand for magnetic materials due to the booming development of low-carbon environmental protection industries such as new energy, wind power generation, and energy-saving household appliances. Magnetic properties are inherent in all...
  • 2024 - 09 - 20
    Source: MY STEEL  In 2024, the domestic hot-rolled strip and hot-coil production capacity has increased, and new production lines have been put into operation. Especially this year, the strip and hot coil capacity utilization rate has rebounded, the new production line production gradually released, the third and fourth quarters of high supply or will be maintained, but considering the a...
  • 2024 - 08 - 27
    Development status and future trends of amorphous transformer industry in 2024 Source: China Economic Information Network The total number of tenders for China's power grid transformers is affected by a variety of factors, including national energy policies, electricity demand growth, the need for grid upgrades and renovations, and the promotion of high-efficiency energy-saving equip...
  • 2024 - 08 - 21
    Source: World Metal GuidePublic investment in infrastructure construction supports the continuous improvement of Iraq's steel production capacity. Relevant data show that Iraqi steel producers increased their long rolling capacity by 12.3% in 2024.In March 2024, the Iraqi Basra State Steel Company (SCIS) put into operation a 500,000 tons/year rebar rolling plant in Khor Al-Zubair, which can pr...
  • 2024 - 08 - 06
    Source: Oriental Wealth Securities  The rapid development of the new energy automobile industry has put forward higher performance requirements for the drive motor, and one of the ways for the motor to improve the effective power density is to avoid high power output loss, which puts forward higher requirements for the motor materials, processes, software, packaging and other aspects. Am...
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2024 - 12 - 04
With the acceleration of economic and social green transformation driven by the promotion of the "dual-carbon" target, there has been a significant surge in demand for magnetic materials due to the booming development of low-carbon environmental protection industries such as new energy, wind power generation, and energy-saving household appliances. Magnetic properties are inherent in all aspects of both macroscopic and microscopic worlds, encompassing diamagnetic, antimagnetic, ferromagnetic, ferrimagnetic, and antiferromagnetic categories. Magnetic materials refer to substances composed of transition elements like iron, cobalt, nickel, and their alloys that can directly or indirectly generate magnetic fields. Ferromagnetic and ferrimagnetic substances find extensive applications...
2024 - 09 - 20
Source: MY STEEL  In 2024, the domestic hot-rolled strip and hot-coil production capacity has increased, and new production lines have been put into operation. Especially this year, the strip and hot coil capacity utilization rate has rebounded, the new production line production gradually released, the third and fourth quarters of high supply or will be maintained, but considering the annual production reduction indicators, it is expected that the second half of the strip capacity utilization rate or will decline slightly. This year, the front-end data of the real estate industry are 50-70% lower than the peak, the auto industry data is relatively acceptable, but the impact of anti-dumping factors in Europe and Canada and other countries, the second half of the automobile i...
2024 - 08 - 27
Development status and future trends of amorphous transformer industry in 2024 Source: China Economic Information Network The total number of tenders for China's power grid transformers is affected by a variety of factors, including national energy policies, electricity demand growth, the need for grid upgrades and renovations, and the promotion of high-efficiency energy-saving equipment. With the rapid development of China's economy and the advancement of urbanization, electricity demand continues to grow, which directly promotes the increase in the number of grid construction and transformer tenders. At the same time, the country's emphasis on energy conservation and emission reduction and policy support for high-efficiency energy-saving transformers, such as the pr...
2024 - 08 - 21
Source: World Metal GuidePublic investment in infrastructure construction supports the continuous improvement of Iraq's steel production capacity. Relevant data show that Iraqi steel producers increased their long rolling capacity by 12.3% in 2024.In March 2024, the Iraqi Basra State Steel Company (SCIS) put into operation a 500,000 tons/year rebar rolling plant in Khor Al-Zubair, which can produce Ø8-32mm rebar products, which means that the plant has resumed long product production. The plant was closed in 2003 due to local political tensions and lack of investment.At the same time, SCIS is advancing the renovation of a 500,000 tons/year steelmaking workshop, which includes a 70-ton electric arc furnace, a 70-ton LF furnace and a four-strand continuous caster for producing 150mm...
2024 - 08 - 06
Source: Oriental Wealth Securities  The rapid development of the new energy automobile industry has put forward higher performance requirements for the drive motor, and one of the ways for the motor to improve the effective power density is to avoid high power output loss, which puts forward higher requirements for the motor materials, processes, software, packaging and other aspects. Amorphous strip is an ideal material for motor stator core. Amorphous strip is expected to become the main material of motor stator core. Amorphous alloy material has many advantages compared with non-oriented silicon steel. The core lies in low loss, energy saving and environmental protection. From the perspective of the car end, the replacement of amorphous motors helps the new energy ve...
2024 - 07 - 23
Source: Lange Steel Network In the first half of this year, China's steel exports showed strong growth. According to customs statistics, China exported 53.4 million tons of steel from January to June 2024, a year-on-year increase of 24%. During the same period, the export value of mechanical and electrical products increased by 8.2%, accounting for 58.9% of the total export value; among them, the export of automatic data processing equipment and its parts increased by 10.3%, the export of automobiles increased by 22.2%, and the export value of ships increased by 91.1% year-on-year. According to preliminary estimates, China's indirect steel exports currently far exceed its direct exports. The total steel exports in the first half of the year (direct steel exports plus indi...
2024 - 07 - 16
Source: China Steel News At the 3rd Opportunities and Challenges of Amorphous Alloy Materials in the Development of Power Electronics Industry held recently, Zhang Hua, Secretary General of the Amorphous Alloy Materials Application Branch of China Electrical Equipment Industry Association, introduced the current development status of amorphous alloy soft magnetic materials industry. At present, the development of amorphous alloy soft magnetic materials industry presents the following four characteristics. The amorphous strips is increasing rapidly. According to statistics, in 2021, my country's iron-based amorphous strip output was 68,000 tons, a year-on-year increase of 28.3%; in 2022, my country's iron-based amorphous strip output was 91,000 tons, a year-on-year in...
2024 - 07 - 11
Source: China Metal Bulletin The global economy has witnessed periods of recession, posing significant challenges to various industries, and the steel sector is no exception. However, the steel industry has been proactive in formulating strategies to weather the storm and maintain stability.In the face of reduced demand due to economic slowdown, steel manufacturers have implemented measures to optimize production processes and cut costs. Many companies have adopted advanced technologies and automated systems to enhance efficiency and minimize waste, thereby reducing operational expenses. To adapt to the changing market conditions, the industry has also focused on product diversification. Instead of relying solely on traditional steel products, efforts have been made to develop hi...
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Source: People's DailyA few days ago, the 2021 (12th) China Iron and Steel Development Forum was held in Beijing. At the meeting, Yin Ruiyu, an academician of the Chinese Academy of Engineering, said that after decades of development and progress, China's steel industry per ton of steel energy consumption and carbon emissions have been in the international advanced level, but because of the huge crude steel production, the total carbon emissions of the industry is still large. Li Gao, director of the Department of Climate Change under the Ministry of Ecology and Environment, called on the steel industry, as an important supporting industry for China's economic development and a key industry for carbon emissions, to strengthen the consensus on carbon emission reduction, transfor...
Evergrowing Resources Co., Limited was built by the founder of Mr. Ge in HK, 2016. He worked on steel industry for more than 15years till now. He and his team have exported more than 200,000mt different kinds of steel material to Southeast Asia, Europe, Africa, North America and etc till now. Evergrowing Resources Co., Limited, as a leading supplier of hot rolled and forged material supplier in China, always places product quality as the first priority. Therefore we seriously recommend you to choose us as your super supplier on hot rolled and forged steel materials. We would take full responsibility for the quality and authenticity of our products which customer purchase through us. Thank you for your trust and cooperation!
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