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Mysteel: 2019 domestic steel supply and demand structure change brief analysis

Mysteel: 2019 domestic steel supply and demand structure change brief analysis

Experienced a few years ago the supply side reform after the baptism, the domestic steel industry ushered in the great changes: environmental limit production normalized, speed up industry merger and reorganization, backward production capacity has been out, steel prices also achieved by before falling to modest now, steel mills to improve profitability, the optimization of […]

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Steel market morning paper

Steel market morning paper

steel market hot news BaoSteel “high strength + light weight” auto steel to form “family brand” BaoSteel, a subsidiary of China’s baowu group, has become the first steel company in the world to offer the first, second and third generation of ultra-high-strength steel products.Its tensile strength of more than 1000 mpa for automotive lightweight high strength steel […]

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WSA says that China’s steel demand will grow 7.8% this year

WSA says that China’s steel demand will grow 7.8% this year

On October 15, The World Iron and Steel Association released the short-term steel demand forecast results for 2019 and 2020.China’s steel demand is forecast to grow 7.8 percent to 900.1 million tons in 2019, while the rest of the world’s demand is expected to grow 0.2 percent to 874.9 million tons. China’s steel demand is expected […]

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International steel city peak season is not prosperous ,countries expect the bottom of the steel mill pick up

International steel city peak season is not prosperous ,countries expect the bottom of the steel mill pick up

Recently by Formosa steel plant hejing, India and Russia and other places under the impact of hot rolling prices, the international steel city is suffering from “turbulence attack”, resulting in the steel city “peak season is not flourishing”. In response, Sinosteel chairman Weng Zhaodong said that at present China, Japan and South Korea steel mills […]

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Lgmi: September PMI for steel circulation industry 50.2 peak season demand volume led to a rebound in the industry

Lgmi: September PMI for steel circulation industry 50.2 peak season demand volume led to a rebound in the industry

Lange steel cloud business platform statistics released in September 2019 steel circulation industry PMI total index is 50.2, up 2.5 percentage points from the previous month.From the sub-index, the 10 sub-indexes that constitute the PMI of the steel circulation industry rose 5 points, 4 points fell 1 level, among which the sales volume, selling price, […]

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Hebei region mainstream pipe factory join the production limit to postpone the market pressure of supply and demand welded plating pipe price can be firm?

Hebei region mainstream pipe factory join the production limit to postpone the market pressure of supply and demand welded plating pipe price can be firm?

Guide language: at present hebei area tube factory production limit strength is increased.Tangshan area pipe plant production limit of 50%, individual full stop;Handan, hengshui limit 30%.All medium heavy goods vehicles in north China will be restricted to odd-even license plates throughout the day. Raw materials, today tangshan narrow band more stable than yesterday, the market […]

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Please continue to pull up @national day before hot rolling market

As September draws to a close, the domestic hot rolling price has been suppressed again and the rise has been restrained.Business mentality slant empty, steel production week flat.Eleven will come, the environmental protection around the production limits one after another, for eleven weeks before the price may form a certain drive, but after the National […]

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Environmental production limit is expected to tighten steel prices again

Environmental production limit is expected to tighten steel prices again

September 23, rebar after last week after the strong rebound.Up to that day afternoon close, rebar main 2001 contract up 3.60% to 3510 yuan/ton.The main hot coil 2001 contract also rebounded, up 2.99% to 3509 yuan/ton.For the rise in the market, most market people have said that the main decline in steel inventory and environmental […]

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Lgmi: excellent steel plant inventory has increased and decreased, it is estimated that the factory is stable for the second half of the main keynote

Lgmi: excellent steel plant inventory has increased and decreased, it is estimated that the factory is stable for the second half of the main keynote

Guide language: today’s domestic special steel market price leading region is stable.News surface, today the federal reserve announced the results of the second rate cut this year, the federal funds rate target range will be lowered by 25 basis points to 1.75% to 2%, the us economic growth is lower than the market expected, domestic […]

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Commerce Department: September 2 solstice 8 steel prices rebound slightly

Commerce Department: September 2 solstice 8 steel prices rebound slightly

The latest news from the ministry of commerce: last week (September 2, solstice, 8) steel prices rose 0.6% month-on-month, ending six consecutive weeks of decline.Among them, the price of rebar, high-speed wire and ordinary plate is 3,974 yuan/ton, 4,103 yuan/ton and 4,103 yuan/ton respectively, which increased 0.9%, 0.9% and 0.3% respectively. Ministry of commerce believes […]

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Steel traders: the second half of the steel market is not optimistic

Steel traders: the second half of the steel market is not optimistic

Since the beginning of September, there have been a lot of good news. Firstly, the resumption of china-us trade talks and the increase of counter-cyclical adjustment of macroeconomic policies in China have raised the expectation of infrastructure investment and continued monetary easing.In addition, the central bank announced on Friday evening to cut the reserve requirement […]

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September scrap “red start” 10% higher than the same period

September scrap “red start” 10% higher than the same period

Entering the traditional consumption season in September, the prices of rebar, billet, plate and other steel products have risen.Scrap steel prices also appeared a larger increase, compared with the same period last year up by 10%;And this year’s rebar prices and scrap prices run in the opposite direction, down 17.2 percent from the same period […]

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The steel industry faces the dual pressure of cost and transformation

The steel industry faces the dual pressure of cost and transformation

Source: China economic times Recently, the China iron and steel association released the operation of the steel industry in january-july, data show that in July, the growth rate of steel production slowed down significantly, steel prices are relatively stable, due to high raw material costs, steel enterprises benefit has declined.Experts believe that steel enterprises facing […]

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Steel pipe export status

Steel pipe export status

Date: December 05, 2018 source: webmaster click: 23 times At present, the problem of excess production capacity of steel pipes in China is actually structural surplus. That is to say, some steel pipe products rush to oil pipes, especially oil and casing. Some experts estimate that the production capacity has reached 8 million tons, but […]

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Expert prediction of the market

Expert prediction of the market

VICE: last week domestic steel market price shock run.First of all, at present, the profit situation of production enterprises is relatively general, and the profit of some mixing and billowing enterprises is still poor. In addition, due to the fermentation of environmental limiting factors, it is difficult to improve the supply situation in the short […]

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Three “Beyond expectations” for the future steel market

Three “Beyond expectations” for the future steel market

Looking into the future macro-economic trend, a new round of global economic recession is likely to break out, and its recession degree is likely to be greater than the last round of subprime mortgage crisis, thus causing monetary easing in various countries to exceed expectations, and China’s counter-cyclical adjustment to exceed expectations.The above three “beyond […]

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Experts say the market

Experts say the market

My steel: last week the domestic steel market price shock to run weak.Judging from the environmental protection policy in August, the supply situation in the first half of the month could hardly be significantly reduced. Even though the current market price is weak, from the perspective of inventory resources in the overall market, the inventory pressure […]

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World Steel Association: global steel demand will enter a period of low growth

World Steel Association: global steel demand will enter a period of low growth

Andre Gerdau Johannpeter, President of the world steel association, told the Brazilian steel association’s annual conference in Brasilia on Wednesday that global steel demand would continue to grow in the short term, but with great uncertainty ,as global demand growth is expected to slow.” Steel demand is at another inflection point that could be followed […]

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Why Jianglin Steel

Why Jianglin Steel

1.Purchase Hot roll directly.we buy Hot roll raw material from supplier,so we can control the good quality of the raw materal from the first place.2.QC is very strict.QC staff check every details of the products during production to control the good quality .4.professional sales team.Every sales are famliar with their own market to know customer’s […]

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Quality Control of Pre-painted Steel products

Quality Control of Pre-painted Steel products

1.High GlossThailand customer reuqire high gloss products which need more that 80% glossy ,Jianglin Steel test every coil 2.Color test Thailand market have natural brown,nuvo blue ,bright green which is very popular color ,Jianglin Steel confirmed every color matching with customer samples3.Dimension measurementNormally,market required width is 914mm ,1219mm,Our controler measure the width that can follow […]

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Reasons for the current price increase of Chinese steel:

Reasons for the current price increase of Chinese steel:

1.Tangshan’s annual production limit is 30%-50%.2. The Hanxing Wu’an area began to limit production in April.3.Environmental protection inspection in Jiangsu Province, limited production of southern rebarIn the first year of the 14th Five-Year Plan, the 100th anniversary of the founding of the Communist Party of China, the world after the COVID-19 is eager to boost […]

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introduction of galvalume steel coil

introduction of galvalume steel coil

The galvalume coating is an alloy consisting of approximately 55% aluminum, 43.4% zinc and 1.5% silicon by weight, which is applied to steel by the continuous hot dip process. Galvalume steel sheet offers the best qualities of aluminum coated (aluminized) and zinc coated steel sheet (galvanized). The aluminum/zinc coating has barrier corrosion resistance and heat […]

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Sketch map of sectional structure of prepainted steel sheet

Sketch map of sectional structure of prepainted steel sheet

1.CRC(Base metal)Mainly responsible for stiffness and strength functions2.Zinc CoatingIt has the functions of corrosion resistance, heat resistance, weather resistance and machinability.3.Chemical CoatingImprove the adhesion function and anti-corrosion function of the coating and the substrate4.Primer CoatingEnhance the adhesion between the surface of the steel plate and the paint, and have the function of suitable color tone5.Top […]

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Good packing of Jianglin Steel

Professional packing of multi layer protection to prevent product from rusting,we use cardboard , plastic waterproof and kraft waterproof.Due to the temperature difference between two country ,the water can inside the coil which casue the products get damage as the pictures.we need to use professional packing.If we just use palstic water proof,the water also can […]

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PPGI / PPGL COIL and GALVALUME STEEL COILS

PPGI / PPGL COIL: Full name is prepainted galvanized / galvalume steel coil, which is painted lacquer on top and bottom side of HDGI / ALU-ZINC coil. They are mostly used for construction with various paint colors, like warehouse, prefab house, and garage, etc.The advantages of PPGI / PPGL are light weight than traditional brick […]

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US’ HDG exports drop in Jan y-o-y

According to the statistics from the United States Department of Commerce (USDOC), the US exported approximately 103,000 tons of hot-dip galvanized (HDG) sheet and strip in January, increasing by 13.2% from the previous month while dropping by 10.6% from the same period a year ago. The export value was around US$110 million, compared to US$98 […]

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China’s galvanized strip steel plants face difficult to resume its production in the beginning of March

The delays in resuming production of Chinese galvanized strip plants have affected the short-term demand for hot-rolled strip therefore it has continued to increase the pressure on the inventory of hot-rolled strip manufacturers. In the next two weeks, the resuming production rate of galvanized strip plants was still low, and some hot-rolled strip rolling lines […]

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