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The U.S. Department of Energy has awarded about $3.46 million to promote research on carbon dioxide

2022 - 07 - 05

Source：(Kang Bin) China Metallurgical News (2nd edition, July 01, 2022)On June 22, the U.S. Department of Energy's National Energy Technology Laboratory decided to invest approximately $3.46 million in research and development funds to conduct front-end engineering research on carbon dioxide removal and utilization technologies at the Gary plant of U.S. Steel in Indiana. The study will focus o...
Argentina issues final anti-dumping ruling on Chinese steel doors

2022 - 06 - 02

Source: Ministry of Commerce Website Editor: Wen XiaoxiaOn May 31, 2022, the Ministry of Production and Development of Argentina issued Announcement No. 465 of 2022, making a final affirmative anti-dumping ruling on steel doors originating in China, and decided to impose 116% on the products involved based on the declared free on board (FOB) price. anti-dumping duties. The products involved are st...
Causes and countermeasures of blast furnace air outlet burnouts

2022 - 05 - 07

Source: China Metallurgical News - China Iron and Steel News NetworkI. Causes of air outlet burning1. The furnace condition is unstable, and the cylinders are piled up.Such a situation is often encountered in production. The blast furnace condition has been fluctuating greatly, the stability is very poor, and the wind addition and reduction are frequent, and the long-term stability ...
National Health Commission: The local epidemic has spread more, and the scope of coverage has been …

2022 - 04 - 01

Source: Cailian News AgencyOn the afternoon of April 1, the joint prevention and control mechanism of the State Council held a press conference. At the meeting, Mi Feng, a spokesman for the National Health Commission, said that in March, the global epidemic was still in the stage of a pandemic, and the epidemic situation in neighboring countries and regions was out. New local confirmed cases ...
The World Bank warns that the Russian-Ukrainian crisis will hit the global economy. Institutions: Gl

2022 - 03 - 04

Source：My steel As the impact of the Russian-Ukrainian crisis continues to penetrate into all aspects of the economy, more and more political and economic officials and industry institutions are warning that the conflict may hit the global economy hard.David Malpass, President of the World Bank, recently warned to the British media: 'I think it's too early to say whether the war in Uk...

China Iron and Steel Development Forum held

2021 - 04 - 07

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...

The steel market will fluctuate upwards for a long time, and there will be adjustment pressure in th

2021 - 03 - 23

Source: China Metallurgical NewsWith the introduction of carbon peak and carbon neutral targets, environmental protection and production restrictions throughout the country have continued to increase. Guo Xiaoliang, assistant to the general manager of Delong Steel, is deeply touched by this. On March 19, Guo Xiaoliang said in an interview with a reporter from China Metallurgical News: 'In 2021, the production restriction policy in Tangshan and even the entire Hebei area has become stricter and stricter. From the initial stage of production reduction, production restriction, and production suspension, Up to now, some blast furnaces have been shut down and dismantled, and the implementation of the production restriction policy has continued to increase, and the actual implementation has ...

Inside and outside the steel price difference is expected to narrow

2021 - 02 - 01

Source: Warburg SecuritiesEvent 1: The steel association held an information conference to answer the questions of output reduction and how to balance production and demand. It is believed that the Ministry of Industry and Information Technology proposed to reduce steel production in 2021 should have three aspects of consideration, 2021 steel demand will maintain a small growth, steel supply pattern under the new situation is bound to change, the import and inventory of self-regulation will help to make up the gap between production and demand.Comments: Under the market economy, the output of goods is mainly driven by demand and theoretical capacity. At present, domestic and overseas economies are recovering, steel demand is better expected, so the industry has questions about the implemen...

Top 10 Steel Industy News of 2020

2021 - 01 - 05

Source: My steel As the year of 2020 comes to an end, China's economy has been the first to recover from the COVID-19 epidemic, which has effectively boosted domestic steel consumption growth. Steel prices have risen to the highest level this year. In this year, the steel industry accelerated transformation and upgrading, enterprise merger and reorganization attracted attention, xiaobian special comb the steel industry in 2020 ten news.First, the Ministry of Industry and Information Technology issued the revised Opinions on the Implementation Measures for Replacing Steel Production CapacityOn January 23, the National Development and Reform Commission, Ministry of Industry and Information Technology jointly issued by the 'about perfecting the steel production capacity of displa...

Baowu on steel capacity concentration in Northwest China

2020 - 12 - 08

Article source: MysteelChina Baowu Steel Group (Baowu), China’s and also the world’s top steel producer in capacity, has been taking no break in its expansion in capacity and inner strength enhancement at the same time, with the latest move to solidify its footing in Northwest China via acquiring existing steel mill and iron ore mines, Mysteel Global noted.On November 25 Baowu, via its subsidiary in Northwest China’s Xinjiang, Xinjiang Tianshan Iron & Steel (Tianshan Steel), took over about 77% stake in Yili Iron and Steel Group (Yili Steel) at Yuan 1.45 billion ($2.2 million) from the latter’s 31 individual shareholders, shortly after its acquisition of the full ownership of Xinxing Ductile Iron Pipes Xinjiang Co (Xinxing Ductile) at a price of Yuan 2.2 billion on November 19, accordi...

China’s Jan-Nov steel exports down 18%, imports up 74%

2020 - 12 - 07

Article source: MysteelChina exported a total of 48.8 million tonnes of finished steel over January-November, down 18.1% on year, while its finished steel imports surged 74.3% on year to 18.9 million tonnes over the same period, according to the latest statistics released by the country’s General Administration of Customs on December 7.The decline in China’s steel exports, however, narrowed from the 19.3% on-year drop over January-October, mainly due to higher steel exports in November, as the global demand has been recovering and the narrowing gap between China’s domestic and export prices of steel products in September, as the November deliveries were mainly booked two months before, Mysteel Global understands.In November, China’s finished steel exports approximated 4.4 million tonnes, u...

Evergrowing Resources Co

2019 - 03 - 23

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!

Gold, three silver, four cold and hot rolling have room for improvement. The first half of the year

2019 - 03 - 11

Article source: China Steel Price Network As the weather gradually improved, the steel market “Golden Three Silver Four” gradually approached. After the cold winter of some downstream industries experienced last year, the policy of the “two sessions” will make the demand warmer? What is the release of capacity this year?In this issue of Mysteel, we invited Hu Shinan, a hot and cold rolling analyst in the Steel Division, to hear how she analyzed it.Core point of view:1. The manufacturing industry and other industries have lowered the VAT rate by 3%, which is good for the entire downstream industry. In addition, attention should be paid to measures to promote consumption in rural areas such as car purchases for rural residents, new energy vehicles, and second-hand car transactions for s...

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Exports saw one increase and three decreases, while imports saw a decrease and an increase

Source:China Steel News NetworkThe Market Research Department of China Iron and Steel Association: In the first quarter, China's steel product exports continued the trend of "one increase and three decreases" (increase in export volume, decrease in export price, decrease in export value, and decrease in the export of high-end products) seen in 2024, while steel product imports continued the pattern of decrease in volume and increase as seen in 2024.In terms of exports, in the first quarter, the export volume of steel reached 27.43 million tons, an increase of 1.629 million tons year-on-year, with a growth rate of 6.3%. The average export price was 705.7 US dollars per ton, a year-on-year decrease of 10.5%. The export volume of steel billets was 2.57 million tons, an increase ...

Domestic steel market outlook

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At the beginning of the year, many steel giants took mergers and acquisitions!

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Steel exports will hardly reach record high in 2024 and analysis of influencing factors

Source: China Metallurgical News General Administration of Customs data show that in November, China exported 9.278 million tons of steel, up 15.9% year-on-year, down 24.9 percentage points. In the first 11 months of this year, China exported 101.152 million tons of steel, breaking 100 million tons, up 22.6% year-on-year. According to Lange Steel Research Center calculations, in November, China's net exports of steel 8.885 million tons, an increase of 19.1% year-on-year, down 27.2 percentage points. 1-11 months, China's net exports of steel 94.958 million tons, an increase of 25.5% year-on-year, down 0.6 percentage points. Overall, the current global manufacturing index rose steadily, the external demand boom weak recovery; China's steel enterprises export order index...

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