Industry News
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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...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more -
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 ...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more -
Marine-grade Stainless Steel: Type 316 and 316L Stainless Steel
Alloys often are added to steel to increase desired properties. Marine-grade stainless steel, called type 316, is resistant to certain types of corrosive environments. There is a variety of different types of 316 stainless steel. Some common types are the L, F, N, and H variants. Each is slightl...Read more
