Worldsteel has released an update to its Short-Term Outlook (SRO) for 2023 and 2024. Worldsteel forecasts steel demand will grow 1.8% in 2023, reaching 1,814.5 tonnes after contracting 3.3% in 2022. I...
Red Sea shipping is facing a crisis. Many shipping giants have suspended Red Sea transportation or detoured transportation, which has led to an increase in oil prices and transportation costs, coupled...
The European Union announced last week that starting from February 5, it will join forces with the G7 and Australia to impose price limits on Russian oil products. Among them, a price ceiling of US$10...
OPEC Secretary-General Haitham al-Ghais said on Monday that OPEC+ has been monitoring the market closely and stands ready to step in if necessary. He believes that as China reopens, the future economi...
Recently, the World Iron and Steel Association announced the latest ranking of the world's 40 major steel-producing countries (regions) in 2022. China ranked first with 1.013 billion tons of crude...
Global energy consultancy Wood Mackenzie believes copper shortages will hit global markets throughout 2023, and the shortage could persist until 2030. The world is currently facing a copper shortage d...
1、 Steel production has declined. According to the data of the National Bureau of Statistics, the national pig iron and crude steel output from January to October were 726.892 million tons and 860.56...
As the market was worried about the prospect of oil demand and expected OPEC+to reduce production again, the international crude oil futures prices fell significantly in the overnight market. On the 2...
What is the harm of prebaked anode oxidation slag and crack fall-block?During the operation of the electrolytic tank, carbon residue and debris are continuously generated around the bottom of the anod...
Ⅰ. About the hot rolling processThe hot rolling process is a metalworking process in which the metal is heated above the recrystallization temperature, causing it to plastically deform during the pro...
Information source: World Metal GuideStatistics released by the World Steel Association on September 22 show that in August 2022, the crude steel output of the 64 countries and regions included in the...
The graphite electrode market in 2022 experienced a rise from January to May, a sideways consolidation in June, and successive declines from July to September. Since the second half of the year, the p...
Galvanized steel is perhaps one of the most important innovations in the modern world. It's safe to say that the modern world wouldn't even exist without galvanized steel, and we'd still b...
1. What is galvanized steel sheet?Galvanizing or galvanizing is a manufacturing process in which a coating of zinc is applied to steel or iron to provide protection and prevent rust. There are several...
1. About the galvanized steel sheetThe bodies of cars and many bicycles are made of galvanized metal. Some drinking water pipes are still made of galvanized steel sheet. Cold rolled sheet metal is als...