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Industry News

  • ChTPZ Group Develops New Type of Stainless Steel Pipes

    ChTPZ Group Develops New Type of Stainless Steel Pipes

    ChTPZ Group’s Pervouralsk Novotrubny Plant said that a new type of import-substituting stainless steel pipe products was developed and delivered to the client. The first batch of 1,050 meters of pipes is already being used in the production of one of the largest machine building plants in Russia,...
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  • Chinese Crude Steel Production in July Crosses 93 Million Tonnes

    Chinese Crude Steel Production in July Crosses 93 Million Tonnes

    China’s steel sector registered record high output in July 2020 on surging domestic demand due to a flurry of infrastructure projects, as the country introduced massive stimulus measures to help the economy recover from the COVID-19 outbreak. According to the China Iron and Steel Associatio...
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  • From January to July 2020, South Korea’s scrap imports fell 35% year-on-year

    From January to July 2020, South Korea’s scrap imports fell 35% year-on-year

    According to statistics, South Korea imported about 311,000 tons of scrap steel in July, a decrease of 12% from the previous month and a decrease of 44% from the same period last year, which is next to the lowest level since August 2005. Among them, Japan was the largest importer of South Korean ...
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  • Common methods in non-destructive testing

    Common methods in non-destructive testing

    Commonly used non-destructive testing methods include radiographic testing (RT for short). Ultrasonic testing (UT for short), magnetic particle testing (MT for short), and penetrant testing (PT for short), which are called the four conventional testing methods. These four methods are the most com...
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  • Delhi Metro Phase IV Would Need 678KT of Rebars for Civil Work

    Delhi Metro Phase IV Would Need 678KT of Rebars for Civil Work

    Civil work being done under the Delhi Metro’s Phase IV is expected to consume 0.678 million tonnes of reinforcement steel. DMRC General Manager (Technical) Navneet Kumar Kothari said “Delhi Metro’s Ph-IV work is underway and only three corridors have been approved so far spannin...
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  • West-East Gas Pipeline Gas Sources’ Oil and Gas Production Increased Significantly in the First 7 Months

    West-East Gas Pipeline Gas Sources’ Oil and Gas Production Increased Significantly in the First 7 Months

    West-East Gas Pipeline Gas Sources’ Oil and Gas Production Increased Significantly in the First 7 Months In the first seven months of this year, despite the dual impact of the new crown pneumonia epidemic and international oil price fluctuations, PetroChina Tarim Oilfield Company had produc...
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  • South Korean court moves closer to sale of Japanese steel-maker assets

    South Korean court moves closer to sale of Japanese steel-maker assets

    A South Korean court on Tuesday became able to order the sale of assets belonging to a Japanese steel-maker over a 2018 top court wartime forced labor compensation order that has roiled ties between the two countries. Monday was the last day before the Daegu District Court’s Pohang branch could l...
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  • The generation of steel strip delamination defect and its influence on steel pipe quality

    The generation of steel strip delamination defect and its influence on steel pipe quality

    Delamination is caused by shrinkage defects in the steel ingot. After the steel ingot with a shrinkage cavity is rolled into a steel strip, a layer is formed in the middle of the section. The internal delamination of the wide coil can be exposed to the edge of the strip after slitting, but it is ...
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  • China steel futures dip on global weak demand, rainy season uncertainties

    China steel futures dip on global weak demand, rainy season uncertainties

    China steel futures dip on global weak demand, rainy season uncertainties Shanghai rebar, HRC futures fall in early trade Iron ore futures retreat from two straight sessions of gains Spot iron ore prices jump to $106 per tonne BEIJING, June 9 (Reuters) – China’s steel rebar and hot-ro...
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  • Steel China’s Jan-May steel exports down 14%, imports up 12%

    Steel China’s Jan-May steel exports down 14%, imports up 12%

    Over January-May, China’s steel exports declined more steeply by 14% on year, while steel imports rose 12% on year, according to the latest statistics from China’s General Administration of Customs (GACC) on June 7, as lower-priced overseas supplies had been sold to China when steel demand in oth...
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  • Tensions between China and the United States reignite and U.S. oil prices fall

    Tensions between China and the United States reignite and U.S. oil prices fall

    Over the past few weeks, oil prices have continued to rise, but because there is no sign of recovery in the short term, the upward momentum has stalled. At the same time, this week, the tension between China and the United States has put heavy pressure on the financial and commodity markets. Tens...
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  • During the production cut, Saudi Arabia mainly exports oil to China

    During the production cut, Saudi Arabia mainly exports oil to China

    Early observations of Saudi Arabia ’s crude oil exports in May showed that although China has just recovered from the new crown epidemic, the historic production cuts have not contained the momentum of Saudi Arabia ’s massive oil exports to China. Oil depot records and equipment data show that as...
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