China steel prices slide as output hits record, GDP slows

Chinese steel prices fell on Friday after data showed daily output in the world’s top steel producer climbed to a record in September and China’s economy slowed to the weakest pace since 2009. The increased steel production came as mills ...

Read More »

China Sets New Steel Production Record Ahead of Winter Curbs

China’s steelmakers pushed production rates to record levels last month, according to official data, underscoring a bullish short-term picture for the world’s biggest market even as risks of a demand slowdown rise. Output of crude steel rose 7.5 percent on ...

Read More »

Russia’s Severstal upbeat after 25 pct rise in Q3 earnings

Russia’s Severstal, one of the country’s largest steelmakers, reported a 25 percent rise in third-quarter core earnings on Friday compared to the same period the previous year, though slightly below analyst forecasts. Earnings before interest, taxation, depreciation and amortisation (EBITDA) ...

Read More »

Do you really know all about dealing with surface roughness Ra every day?

First, the concept of surface roughness Surface roughness refers to the roughness of the machined surface with small spacing and small peak valley. The distance between the two peaks or two wave valleys is very small (below 1mm), and it ...

Read More »

Shanghai steel retreats from 5-week top as Tangshan mills raise output

Chinese rebar steel futures dropped more than 1 percent to pull back from five-week highs on Thursday as steel producers in China’s top steel-making city of Tangshan boost output despite the start of its winter pollution restrictions two weeks ago. ...

Read More »

Ten ways to remove burrs (quality of metal burrs)

Burr is found in metal casting, milling or electroplating process. The surface of metal pipe fittings are fine or tiny metal particles. The appearance of burrs will greatly reduce the quality standard of metal pipe fittings, so we should try ...

Read More »

Iron Ore is Defying Gravity

Despite the turmoil of an escalating war of words and the prospect of a full-blown trade war, the price of iron ore has remained remarkably robust this year. As the primary ingredient in the most basic of manufacturing materials, steel, ...

Read More »

Common macroscopical defects of steel

In the process of smelting or hot processing, the internal or surface defects of steel are caused by some factors (such as non-metallic inclusions, gas and process of improper operation, etc.), which seriously affect the quality of the material or ...

Read More »

US Steel reaches tentative agreement with United Steelworkers

Members of the United Steelworkers (USW) union reached a tentative agreement with US Steel on a new master agreement covering 16,000 workers at facilities across the country. The USW’s master agreement with US Steel covers a total of more than ...

Read More »

Global steel demand continues to show resilience

The World Steel Association (worldsteel) released its October 2018 Short Range Outlook (SRO). worldsteel projects global steel demand will reach 1,657.9 Mt in 2018, an increase of 3.9%* (please see *note below) over 2017. In 2019, it is forecast that ...

Read More »
Scroll To Top