Industry News

  • Raw Material Market Insights: Revitalised Nickle Market

    Raw Material Market Insights: Revitalised Nickle Market

    (Picture source: web) –a Andy Home Column, Refinitive Inside Commodities Sep. 10 Shanghai squeeze revitalises flagging nickel market: Nickel is making a comeback.   London Metal Exchange (LME) three-month nickel hit a seven-year high of $20,225 per tonne on Thursday morning and has a...
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  • World stainless steel production forecast to rise by 11% in 2021

    World stainless steel production forecast to rise by 11% in 2021

    According to MEPS(a steel price data and information provider), the global crude stainless steel production forecast has been upgraded to 56.5 million tonnes, for 2021. This represents an 11 percent increase, year-on-year. Higher-than-expected first quarter output in Indonesia, and robust growth...
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  • Technology Study:Stainless Steel Machining Characteristics & Choice of Milling Cutter

    Technology Study:Stainless Steel Machining Characteristics & Choice of Milling Cutter

    What milling cutter is used for machining stainless steel? This is a problem that many people often encounter. If customers encounter problems such as chipping and work hardening when machining stainless steel. This article is to solve this problem for you.   Stainless Steel Milling Features Com...
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  • Product Study: Safety Valve

    Product Study: Safety Valve

    Introduction   A safety valve is a valve that acts as a fail-safe. An example of safety valve is a pressure relief valve (PRV), which automatically releases a substance from a boiler, pressure vessel, or other system, when the pressure or temperature exceeds preset limits. Pilot-operated re...
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  • Raw Material Market: Nickel “climbs on higher risk appetite and demand boost”

    Raw Material Market: Nickel “climbs on higher risk appetite and demand boost”

          Editor’s Note: Price of stainless steel will continue to reamin strong in the 3rd quarter as its major raw material nickle keeps price high, but is expected to go down in the fourth quarter when the supply of nickle overtakes its demand.   (reprint of a Reuters ar...
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  • Market Insights: China’s Industrial Slowdown Could Kill The Commodity Rally

    Market Insights: China’s Industrial Slowdown Could Kill The Commodity Rally

    One of the biggest drivers of the surge in metals prices this year, the world’s top commodity consumer China, is showing signs of a slowdown in demand, which could drag down copper and iron ore prices for the rest of the year after a blistering rally in the first half.  Chinese factory activity...
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  • Technology Study: Common Defects in Investment Casting

    Technology Study: Common Defects in Investment Casting

      The complexity of the casting process provides numerous opportunities for things to go wrong resulting in casting defects, or undesired irregularities in a metal casting process.  Some defects can be tolerated, others can be repaired but some must be eliminated.  In order to ascertain the...
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  • Stainless Steel and Nickel: A Harmonious Union Lasting 100 Years

    Stainless Steel and Nickel: A Harmonious Union Lasting 100 Years

      More than 65% of global nickel production is used for the production of stainless steel. As an alloying element, nickel enhances its important properties such as formability, weldability and ductility, while increasing corrosion resistance in certain applications.   Stainless steel has been in ...
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  • Stainless Steel: Hard to Stay Cool in This Summer

    Stainless Steel: Hard to Stay Cool in This Summer

    The past week has witnessed Chinese steel futures surged more than 6% to a record high on strong consumption and raw material supply crunch, while concerns over output cut in the steel sector also supported prices. Shanghai steel futures recovered to above 5,400 yuan a tonne, the highest since M...
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  • Stainless steel and nickel markets: Improving prospects

    Stainless steel and nickel markets: Improving prospects

        Outlook is bright despite fears of inflationary pressures on raw materials. With the global demand for metals continues to ramp up amid rising manufacturing and economic output, market conditions for nickel and stainless steel recyclers are improving according to reports. Reflectin...
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  • Raw Material – Nickel Pig Iron Jumps

    Raw Material – Nickel Pig Iron Jumps

    Global copper smelting activity slipped in June after a rebound a month earlier as Chinese plants closed for maintenance, data from satellite surveillance of copper plants showed. Satellite service SAVANT and broker Marex said in a joint statement on Friday that they were now monitoring nickel s...
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  • Chinese industry association outlines seven proposals to safeguard domestic steel supply

    Chinese industry association outlines seven proposals to safeguard domestic steel supply

      The China Iron & Steel Association (CISA) proposed an industry self-review initiative on Wednesday, urging the iron and steel industry to strengthen market order to further promote high-quality development of the industry while vowing steel enterprises will adjust their export strateg...
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