How to solve the problem that the chips cannot be broken when drilling acid-resistant stainless steel plate

The so-called acid-resistant stainless steel plate is actually a stainless steel material that can resist acid corrosion in all kinds of highly corrosive acid media. The acid corrosion resistance of the acid-proof stainless steel plate mainly depends on the chemical ...

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Iran exported 9 million tonnes of iron and steel last year

Iran exported nine million tons of steel and iron in the year to March 2018. Mohammad Azad head of Tehran Iron and Steel Union told IRIB that Iran’s iron and steel is valued at between USD 500 and USD 540 ...

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NDRC warns of high steel margins mean meeting 2018 capacity cuts not easy

China cut 80 million tonnes of coal production capacity and 24.7 million tonnes of steel capacity from January to July 2018. An official from the National Development and Reform Commission at a briefing said that in March it aimed to ...

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Hedge Funds Turned Record Short On Metals Just Before The Rout

Commodity markets have gone haywire — and hedge funds with picture-perfect timing are set to rake in stellar profits. As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall, subsequently extending bearish wagers to ...

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Precautions for defects in stainless steel pipes during cold rolling or cold drawing

When stainless steel pipes are cold-drawn or cold-rolled, some defects will inevitably occur. These defects will affect the quality of the finished stainless steel pipe products. Therefore, preventive measures must be taken for the formation of these defects. The quality ...

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Turkey’s scrap metals in hot oven

Turkish scrap market probably saw the writings on the wall when the US announced to double the tariffs on imports of Turkish steel from 25% to 50%. The aftermath of the political driven tariffs saw Turkey’s currency, the Lira on ...

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How to identify poor quality seamless steel pipe

Due to the excellent performance of the seamless stainless steel pipe, the use of the stainless steel pipe is very popular and the price is very reasonable. Therefore, in the downstream spot market, there are sometimes fake stainless steel seamless ...

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Russian steel mills shares hit as new tax plan unveiled

Russia’s super-rich tycoons lost more than USD 3 billion in one day after a top economic aide to the president proposed raising taxes on the nation’s giant metal and mining companies. In a letter to Vladimir Putin, aide Andrey Belousov ...

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Chinese steel mills push output to 4th straight monthly high

China’s steel output rose in July to a fourth straight monthly record as mills ran full tilt to cash in on strong profit margins, despite anti-smog measures imposed by local governments. Data from the National Bureau of Statistics showed that ...

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Jiangsu Province to shift steel mill to costal area

China’s second-largest steelmaking province, Jiangsu, will require steel mills to move to two new areas on the coast in the next few years, according to a provincial government document, to reduce air pollution and to make the industry more efficient. ...

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