Introduction of Slip-on Flange Forging Methods
This technical article introduces us about some main forging methods of slip-on flanges according to the movement of the forging die.
How to Correctly Select Flange
This technical article introduces us in details about that some main ways and methods that we can choose and select flanges correctly.
Thin-walled SS Tube Is Increasingly Widely Used
With the implementation of reform and opening policy and the development of economy, thin-walled stainless steel tubes are more and more popular.
Venezuela's Manufacturer Will Set Up Factories in Cuba
The company is evaluating the factory of the pipeline construction project, thus it is going to set up factories in Cuba.
NDRC: Increase Gas Imports and Oil Reserves in Winter
The National Development and Reform Commission decided to increase gas imports and oil reserves in this winter in the meeting held on November 13.
A Rise in China Steel Prices Is Expected to Continue
With bad focuse on digestion in the early, the acceleration of de-stocking make phased supply and demand improved. By virtue of positive theme on environmental protection and urbanization, a rise in China steel prices is expected to continue.
Expect crude steel supply to decline slightly
In the middle of June, China Steel Association estimated that the average daily output of crude steel is 2.1643 million tons, up 0.4%, continue to keep top. As the steel industry got poor profitability and decreased bearing capacity to decline production, especially the debt rate of steel mill that was generally higher,reduction of output would be more easy to trigger the risk of capital chain rupture.Therefore,the capacity utilization rate of steel mills would not easily fall down before they fell below the marginal cost of production. However, later the government hoped to resolve the excess capacity through strengtheing environment protection,expected that the crude steel production would remain high in the next half year,but difficult to appear new high .
Not week demand in off-season
Recently,successively promulgated shanty town transformation, urbanization construction and the rise of the central china would be bound to bring new demand growth point, then considered that this year the real-estate project was delayed to started working late and was expected to quicken.There was no need to be pessimistic about the needs.
Ore prices still with a rebound capacity
At present, ore production among domestic ore products was approaching to the peak,in October 2011 creating a record of 0.13 billion tons of monthly raw ore output at home which has been unable to break through so far, but the shut-in medium-and-small sized was increasing year by year.
This year the four mining giants newly increased 1.2 tons of production capacity, and was expected to yield 70 million tons. The supply and demand of global ores will remain relative balance, being difficult to appear the situation of bubble and crash orin in the nex half year.
In summary, at present a rise in steel prices is to correct technique after dropping sharply, but also to revalue steel price. With the relation between periodical supply and demand improved,the spot market appears signs of warming up, coupled with the fact that a rise in ore price again strengthen the support of cost, China steel prices are expected to continue.