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June 13, 2023

China`s steel market to be optimistic after China's leading steel makers raise list price for Mar

China`s Baoshan Iron and Steel and Angang Steel increased their products` list prices for March. Taiwan`s China Steel Corporation (CSC) indicated that the increasing prices made the steel market optimistic. The three top uncertainties, the Russia-Ukraine war, soaring inflation, and the Covid-19 epidemic, have been eased, and steel prices started to rebound after Lunar New Year. Also, the International Monetary Fund (IMF) forecasted China`s econ

May 05, 2023

Steel Price in May ,2023

What goes down for a long time goes up! Chinese steel prices may usher in the dawn of a rise in May, 2023.

January 10, 2023

China likely to tone down domestic steel capacity, targets ASEAN nations

China would aim to contain its steel production growth in 2023 and focus more on environmental-friendly capacity swaps, but it remains keen on making capacity investments in ASEAN countries to keep its behemoth steel industry running, information gathered from sources by S&P Global Commodity Insights show.

December 27, 2022

Alloy Steel: Everything you need to know about alloy steels and their role in building and construction industry

An overview of `steel` Steel is among the most popular materials used in the construction industry. According to the World Steel Association, in 2018 around 1,808 million tons of crude steel was produced worldwide and about 50% of this production was utilized by the construction industry. Further, they also state that there are as many as 3,500 different grades of steel and each grade offers environmental, chemica

December 20, 2022

Alloy Steel vs Carbon Steel – What`s the Difference?

There are approximately 36 million different kinds of steel. You can probably imagine where I pulled that number from.

December 13, 2022

Carbon Steel Market Is Forecast To Reach a Valuation of US$ 1243 Bn By The End Of 2030

The carbon steel market size in 2022 has reached close to US$ 833 Bn. According to a recent study by Future Market Insights (FMI), the carbon steel market is forecast to rise at a CAGR of 5.1% between 2022 and 2

November 29, 2022

WEEKLY: China's HRC output at 11.5-month low

ABSTRACT Total production of hot-rolled coil (HRC) among the 37 Chinese flat steelmakers under Mysteel's tracking reached a 11.5-month low of 2.89 million tonnes over November 17-23, having declined for the fifth consecutive week by another 73,800 tonnes or 2.5% on week. During the same survey period, the surveyed mills' hot-rolling capacity utilization rate also slipped by 1.89 percentage points on week to 73.79%, Mysteel's data showed. Some mills in East China halted pro

Shandong Longhao Steel Group Co., Ltd. Shandong Longhao Steel Group is located in Jinan City, the capital of Shandong Province. We are a professional export-oriented manufacturer specializing in the development and production of various...

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