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Monthly Archives: January 2018

Rising steel prices concern members of CICU

Members of the CICU met the executive members of the chamber dealing with the steel industry to discuss the issue of rising steel prices. Members said they were in doldrums due to increase in prices after the GST implementation.  Upkar ...

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Advantage and application of 304 stainless steel pipe

304 stainless steel pipe has excellent hygienic performance. It is corrosion resistant, beautiful and grade, and its service life is more than 70 years. It is one of the pipelines with better comprehensive performance. 304 stainless steel water supply pipe ...

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China issues stricter rules on building new steel capacity

China has issued stricter rules on building new steel production capacity to replace obsolete facilities, the Ministry of Industry and Information Technology said. The move has underscored China’s determination to ban growth in its massive steel sector and turned steel ...

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Hebei Province to cut 8 million tonnes of steel capacity in 2018

China’s top steelmaking province of Hebei will cut steel production capacity by just 8 million tonnes this year. Mr Gao Jianmin, head of the provincial environmental bureau, also said that “Hebei would shut 19 coal mines and cut coal production ...

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Heat treatment process of precipitation hardening stainless steel pipe

In the process of processing of stainless steel pipe, the more common one is heat treatment. As a process with certain technical content, the heat treatment of each type of stainless steel pipe can be slightly different. Solid solution treatment ...

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China government promoting EAF in steelmaking

China’s ministry said in a statement that it would encourage steel producers to use EAFs, which generate less pollution than traditional blast furnaces and involve the melting of steel scrap, as opposed to the processing of iron ore. The country ...

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Natural Gas Got Bomb Cycloned In The New Year

Natural gas is the dog that got its day in the New Year trading at $175/MMBtu spot in New York. Less than a month ago, Gas Exporting Countries Forum expected lower natural gas prices “over the next two decades” mostly due to ...

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Similarities and differences between 316 stainless steel tubes and 316L stainless steel tubes

As a kind of Molybdenum Stainless steel pipe, the 316 stainless steel tube corresponds to the national brand 0Cr17Ni12Mo2, while the 316L stainless steel tube corresponds to 00Cr17Ni14Mo2. The overall performance of the 316 stainless steel tube is better than ...

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Russia’s natural gas output jumps to record in expansion drive

Russia’s natural gas production rose to its highest ever last year, driven by increasing sales to Europe and rising domestic demand. Government data showed that output jumped 7.9 percent to beat a 2011 record. With a pipeline of projects including ...

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Oil prices expected to keep rising in 2018

Oil prices are likely to continue climbing in 2018 on the back of OPEC-led production cuts and a growing global economy, industry executives and analysts say. But any gains are expected to be kept in check by booming supplies from ...

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