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Along with the better situation of Covid-19, most steel mills are now back to normal operation. The output has been improved which also lead to an increased demand for iron ore. China’s iron ore greatly rely on import, and during the “two sessions”, representatives appealed to resume scrap importing and set relative export measures to improve scrap recycling and steel industry upgrading. During Ja...
Read moreAs a cold rolling manufacturer focused on employees’ professional skills, we strive to improve people’s professionality to provide Shinmade with qualified ones. The Research Institute of Shinmade held the skills competition of“metal material tension testing” consisting of two parts: theory competition and experimental operation competition. Solid theoretical knowledge, the supp...
Read moreHanxing Strip Steel Conference Settlement price of May 1. SPHC CNY 3450 2. HRC carbon steel (1010) CNY 3460 3. Medium-wide strip steel CNY 3430 4. Narrow strip steel CNY 3440 Hanxing Strip Steel Conference Guide price of June 1. Narrow strip steel CNY 3700 2. Medium-wide strip steel CNY 3700 3. HRC carbon steel (1010) CN...
Read moreCountry/region Crude steel output (million tons) change China 85 0.2% India 3.1 -65.2% Japan 6.6 -23.5% EU 10.729 -22.9% USA 5 -32.5% CIS 6.554 -22.6% Ukraine 1.4 -30.9% Brazil 1.8 -39% Turkey 2.2 -26.3%
Read moreMost people think trading is about selling and buying, while the basis of trading, I think, is actually to satisfy customers’ demands and settle problems for them. Last month, the CRC coils our customers purchased were partially rusted due to vessel leaking during sea transportation. It is none of our business since the insurance is covered by our customers. However, we helped them to communicate ...
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