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Daily Archives: February 12, 2019

China iron ore rises to record on concerns over Brazilian supply

China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country’s second-largest ore supplier, may decline after a fatal dam accident at a Vale mine. ...

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China slowdown is weighing on steel demand

ArcelorMittal said “China, which uses about half of the world’s steel, is now expected to see a drop in demand, the first contraction since 2015. Demand in the US and Europe will grow at a slower pace this year. China’s ...

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The difference between stainless steel 304, 304L, 316, 316L

What is the meaning of “steel” and “iron”, what are the characteristics, and what is the relationship between us, 304, 304L, 316, 316L, which we usually say, and what is the difference between them? Steel: A material containing iron as ...

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