Analysis of the Changes and Impacts of the New National Standard for Ribbed Reinforcing Bars in Hot Rolling

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

📘 Analysis of the Changes and Impacts of the New National Standard for Ribbed Reinforcing Bars in Hot Rolling 📘

On June 25, 2024, the State Administration for Market Regulation and the Standardization Administration of China officially released the new national standard "Steel for Reinforced Concrete Part 2: Ribbed Reinforcing Bars in Hot Rolling" GB 1499.2-2024. This is the sixth revision and will be implemented from September 25, 2024, replacing the previous national standard GB/T 1499.2-2018. This new standard is proposed by the Ministry of Industry and Information Technology and is executed by the National Technical Committee for Steel Standardization of Reinforced Concrete.

🔍 Key Technical Changes 🔍

Compared to GB/T 1499.2-2018, in addition to structural adjustments and editorial changes, this new standard has made significant technical changes in terms of weight tolerance, fatigue requirements, inspection items, and sampling quantities.

📏 Terminology and Definitions 📏

The "shape and dimensional tolerances" have been adjusted, with the nominal rib spacing not exceeding 70% of the bar's nominal diameter. The weight tolerance has been tightened significantly, with 6-12 mm diameter bars allowed a deviation of ±5.5%, 14-20 mm at ±4.5%, and 22-50 mm at ±3.5%.

🔨 Metallurgy and Performance 🔨

For steel produced by converter or electric arc furnace, the new standard specifies that specific materials such as HRB500E, HRBF500E, HRB600 should undergo ladle refining. Higher nitrogen content is permitted in the "reinforcing steel chemical composition," promoting the development of high-strength reinforcing steel.

🔄 Fatigue Performance 🔄

New fatigue performance requirements have been added, particularly for concrete structures or components subjected to dynamic cyclic loading, such as highway culverts, railway culverts, and urban rail transit underground structures. The fatigue performance test should be conducted according to GB/T28900, with 5 samples taken from different bars (coils).

🔗 Connection Performance 🔗

For HRB600 rebars, the new standard recommends mechanical connections and also allows for welding connections.

🏗 Surface Quality 🏗

The new standard sets more refined requirements for the chemical composition and mechanical properties of rebars. If surface defects do not meet the mechanical or process performance requirements, the surface quality is deemed unqualified.

🧪 Test Methods 🧪

The new standard updates the reverse bending test, allowing factory inspections to be conducted directly at room temperature. An additional reverse bending test sample is added for rebar grades with "E".

📊 Weight Deviation Measurement 📊

The new standard is more precise, changing the total weight measurement accuracy from not greater than 1% of the total weight to accurate to 1 gram.

📦 Packaging 📦

Besides the previous marking on the surface of the rebar with grade marks, manufacturer serial numbers, and nominal diameter millimeter numbers, the new standard allows for the marking of registered factory names or trademarks instead of the first two digits of the administrative division code. It also allows for the inclusion of barcodes and QR codes containing product information on the packaging, nameplates, and quality certificates of rebars.

Since the first release of the national standard for ribbed reinforcing bars in 1979, it has been revised every 5-10 years, and this is the sixth revision, 6 years after the last implementation date. The main changes in the new standard are as follows:

1️⃣ For the rebar product itself, the new standard is more stringent in terms of weight tolerance, fatigue performance, surface quality, and weight accuracy, further improving the quality of rebar products.

2️⃣ For production enterprises, to meet the technical requirements of the new standard, they may need to upgrade or transform production equipment or invest in research and development, which will increase production costs. Additionally, the new fatigue performance and sampling tests will increase the investment in rebar testing, further increasing operational costs.

3️⃣ For high-strength rebar grades, the new standard requires the addition of ladle refining processes and welding connection methods, which will greatly improve the quality and performance stability of high-strength rebars.

4️⃣ For the market itself, the implementation of the new standard will increase production costs in the short term and also improve the quality of rebar products. With the improvement of standards, the market demand for high-quality rebar will increase, and rebars that meet the new standard will be favored by users, with a certain quality "premium".

5️⃣ The new standard is a mandatory standard that must be implemented. Production enterprises should familiarize themselves with the changes in the standard and adjust production processes before the standard is implemented. Considering the inventory digestion cycle, old standard rebar products accumulated by distributors after the implementation of the standard cannot be sold.

6️⃣ Faced with the challenges and opportunities brought by the new standard, steel production enterprises should accelerate production technology transformation in the short term to meet the strict requirements of the new standard; at the same time, they should plan production reasonably, and balance the inventory structure of old and new products at the beginning of the standard implementation.

7️⃣ The implementation of the new standard will undoubtedly bring profound changes to China's rebar industry. Although in the short term, rebar enterprises may face the dual pressures of rising costs and market adjustments, in the medium and long term, this standard may promote related production enterprises to improve product quality and safety, create a standardized and orderly market environment, and is conducive to building a modern industrial system that is autonomously controllable, safe and reliable, and has strong quality competitiveness, promoting the industry to the high end. With technological innovation to consolidate the core competitiveness of products, accelerate the transformation to high-end, green, efficient, and intelligent, and then achieve high-quality development and improve the overall competitiveness of the industry.

📢 Contact Americ Energy (CHINA) Co., Ltd. 📢

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

- Website: www.metal-ae.com

- Email: ae@americenergy.com

- Phone: 13521210668

- WhatsApp: 13521210668

- Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China

Baosteel Group's Factory Prices Mostly Down in August Amid Downstream Order Deviation and Increased Competitive Pressure

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

📉 Baosteel Group's Factory Prices Mostly Down in August Amid Downstream Order Deviation and Increased Competitive Pressure

According to My Steel Network, in August, the ex-factory prices of Baosteel Group have largely been reduced based on the prices in July. This price adjustment is mainly to cope with the domestic off-season consumption, and the pressure to order has increased. Especially for some core varieties, the impact is relatively large, making it difficult for prices to show a rebound pattern.

🔍 Product Perspective

The entire series of hot-rolled products are under high pressure. The core issue is still that the profit from black goods is still stronger for sheet products than for long products. Therefore, the consumption pressure on hot-rolled, cold-rolled, and galvanized products rises during the off-season, forming a situation where supply does not decrease, demand declines, profits are positive, and supply and demand are loose.

📊 Price Adjustments

  • Thick plate base price down by 100;
  • Hot-rolled base price down by 100;
  • Pickling base price down by 100;
  • Non-oriented silicon steel base price unchanged;
  • General cold base price down by 100;
  • Hot galvanized base price unchanged;
  • Electro-galvanized base price unchanged;
  • Medium aluminum zinc-aluminum magnesium base price down by 100;
  • High aluminum zinc-aluminum magnesium base price unchanged;
  • Aluminum-plated zinc base price unchanged;
  • Color coating base price unchanged.

For August, the hot-rolled Q235B tax-inclusive base price is 5302.85 yuan/ton; cold-rolled DC01 tax-inclusive base price is 8154.29 yuan/ton; hot galvanized DC51D+Z tax-inclusive base price is 8934.73 yuan/ton; silicon steel is 6038.6 yuan/ton (the above are estimated prices, the actual prices are subject to the price list).

📈 Order Pressure and Market Outlook

Baosteel Group's orders in August are under greater pressure compared to July. In addition to domestic trade pressure, the decline in overseas prices has led to an increase in export order pressure. Downstream orders are not abundant, and currently, they are only replenishing inventory without hoarding and speculative behavior. This is the core issue of the lack of global liquidity, which makes it difficult for demand to rebound.

Looking at the next month, whether the price will remain stable depends on more factors, and we will also make a rough analysis:

1️⃣ High Interest Rates Abroad and Liquidity Pressure

The Federal Reserve's interest rate cuts have not decreased, which has suppressed liquidity overseas, especially in countries with a shortage of foreign exchange, causing a suppression of purchasing power. From the current U.S. data, the core PCE continues to operate at a high level, and the core inflation has not decreased. Employment is relatively poor, making the probability of short-term interest rate cuts still maintained, but it is difficult to land. The difficulty of interest rate cuts before September continues to be maintained, making global liquidity continue to be compressed, making it difficult to release overseas purchasing power, and export pressure still exists.

2️⃣ Off-Season Consumption and Difficult Recovery Expectations

Entering the off-season consumption of the manufacturing industry in July, the Mysteel survey shows that the manufacturing industry's inventory still needs a longer time to be digested, so it is difficult for domestic consumption to rebound in the short term, which is still low for downstream procurement enthusiasm. Looking at the PMI structure, the order on hand is low, and it is difficult for new orders to increase, and the support strength of rigid demand is poor without obvious policy introduction. For domestic consumption in August, the variable is not large, and exports are still in a supporting situation, making it difficult to appear rapidly.

3️⃣ Profit Still Exists, Supply is Difficult to Decrease, and the Supply and Demand Structure Continues to be Loose

In July, the steel mill maintenance volume was flat compared to June. Currently, the maintenance expectation in July has been postponed, and the increase in new production lines has also increased. In addition, the profit of deformed steel bars is negative, and the profit of hot-rolled coils is positive, which also makes the output bias more clear. At present, the point-to-point profit of the steel mill is maintained at 40-50 yuan/ton, although it has been greatly compressed, but it can still maintain production, and the short-term reduction expectation will appear. Therefore, the output is maintained at a high level, and the consumption off-season pressure appears, and the supply and demand contradiction in July is still large, and the contradiction in August may continue to accumulate, which is difficult to support the confidence of the downstream.

📝 Conclusion

Overall, the base price of Baosteel Group in August has been reduced, and the main core contradiction comes from the domestic consumption off-season and the gradual pressure of overseas exports. Secondly, the output is maintained at a high level, causing inventory to accumulate. At present, the supply and demand contradiction is under seasonal pressure, and corporate procurement is cautious, with low orders on hand, and the supply is strong and weak pattern is reflected.

Based on this reason, it is difficult for the factory price of the steel mill in September to rise until the supply and demand are balanced, and the inventory shows a de-stocking structure.

🏢 About Americ Energy (CHINA) Co., Ltd.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

How to timely grasp industry opportunities in the temporarily stable coal and coke market?

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

Coal and Coke Market Stability and Business Opportunities

The recent coal and coke prices have been running steadily. In the short term, how will the market change? As investors, practitioners, or researchers in the coal and coke industry, understanding the industry layout and the distribution of enterprises is particularly important for understanding market dynamics and seizing industry opportunities.

Are you looking for a more efficient way to understand coking enterprise information and market pulse? Then you must not miss the Mysteel Coal and Coke Distribution Atlas!

Featured Products:

  • 2024 Shanxi Coal Mine Enterprise Distribution Map
  • 2024 China Coal Mine Enterprise Distribution Atlas
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The atlases detail the main enterprises in various coal and coke producing areas, visually presenting key information such as the distribution of coal and coke enterprises, production capacity scale, and coal types through maps and charts, helping to seize industry opportunities.

2024 Shanxi Coal Mine Enterprise Distribution Map

Product includes a wall map measuring 75cm * 100cm, with a hanging axis; it comprehensively covers 425 coal mines in Shanxi with an annual output of over one million tons, involving a production capacity of 1.09 billion tons. The left side of the map is marked with geographical points, and the right side is a directory listing information including region, enterprise name, and production capacity.

2024 China Coal Mine Enterprise Distribution Atlas

Includes one atlas and one wall map, fully reflecting the total production capacity of coal mines in China.

It involves a domestic coal mine production capacity of 5.12 billion tons, with a production capacity of 5 billion tons, reflecting a net increase of 84 million tons in production capacity in 2023.

It covers all domestic mining points, including mine names, provinces and cities, production capacity, and major coal types, making it the latest and most comprehensive on the market.

2024 Global Coal Mine Enterprise Distribution Atlas

Includes one atlas and one wall map, containing information such as coal types, production capacity, and production status.

It involves a capacity of more than 5 billion tons for the wall map and approximately 8 billion tons for the atlas, covering 26 countries such as Australia, India, Mongolia, Russia, the United States, Indonesia, North Korea, Turkey, South Africa, Mexico, and Colombia.

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About Americ Energy (CHINA) Co., Ltd.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

India Requires Stainless Steel Products to be Marked with ISI Due to Suspected Fake BIS Declarations

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

ISI Marking Requirement for Stainless Steel Products in India Amidst Suspected Fake BIS Declarations

Emerging Markets: Asia Continues to Drive International Growth

Since the beginning of this year, the MSCI Emerging Markets Index has reached a performance of 12%. The driving force behind the index is Asia, with a surge of up to 16%.

Asia Expected to Remain a Catalyst for International Growth

Asian emerging and developing countries are likely to continue to be the driving force for international growth in the coming years, benefiting businesses and stock markets in the region. The International Monetary Fund predicts an average annual economic growth rate of 4.6% for Asia over the next five years. Analysts also expect the profit growth rate of Asian companies to reach up to 22%.

Europe: Spanish and Swiss Enterprises Leading in Profit Growth?

In Europe, it is currently expected that Spain and Switzerland will have a profit growth rate as high as 20%. In these industries, utilities (18%) and the energy sector (about 13%) may lead the highest profit growth rates, positively impacting the European market.

India: Mandatory ISI Marking for Stainless Steel and Aluminum Products

The Indian government has recently mandated the use of the ISI mark for stainless steel and aluminum kitchen utensils. According to this regulation, all stainless steel or aluminum utensils must bear the ISI mark, indicating compliance with the Bureau of Indian Standards (BIS). Failure to do so may result in severe penalties.

Massive Customs Fraud in Indian Stainless Steel Sector?

Such measures are often traced back to fraudsters. In June 2024, Indian authorities recently discovered a potential customs fraud involving fake BIS declarations and forged stainless steel import factory test certificates, the extent of which was unforeseeable at the time and is currently under investigation.

Suspicion: Thousands of Tons of Stainless Steel Affected

According to market reports, it is claimed that thousands of tons of flat-rolled stainless steel were fraudulently misreported and smuggled through Indian customs.

Summary

In the past, similar incidents have occurred in Europe and the United States. European customs authorities and the European Anti-Fraud Office (OLAF), as well as the U.S. Customs and Border Protection (CBP), are taking restrictive actions against such falsely declared imports. Therefore, whether you are an importer or not, think twice before supporting such actors, as you will inevitably find yourself in trouble.

Content sourced from Gerber's website, does not represent the views of 51BXG. 51BXG does not guarantee the accuracy of software translation and is for reference only. Copyright belongs to the original owner.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

  • Website: www.metal-ae.com
  • Email: ae@americenergy.com
  • Phone: 13521210668
  • whatsapp: 13521210668
  • Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China

Laying Out the Southwest Stainless Steel Industry, This Conference is All You Need

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

Stainless Steel Conference

Expanding the Southwest Stainless Steel Industry

Join us for the 2nd Southwest Stainless Steel Industry Chain Conference on August 2, 2024, at Chongqing Sheraton Hotel.

Stay Updated

Meeting the Demand for Stainless Steel in Southwest China

Chongqing, the second most important city in the southwest region, is a hub of population and innovative business formats. The demand for stainless steel products in modern planning and landmark buildings is enormous and continues to grow rapidly. The monthly total circulation of stainless steel in cities such as Chongqing, Kunming, Guiyang, and Chengdu is nearly **80,000 tons**. The main consumer fields include decoration, chemical projects, machinery, home products, and liquor enterprises, among which Chongqing's monthly circulation volume of stainless steel is about **10,000-20,000 tons**, mainly circulating 201 and 304 cold-rolled plate resources.

To delve deeper into the southwest stainless steel market, the 2024 Stainless Steel China Tour - the 2nd Southwest Stainless Steel Industry Chain Conference, hosted by Shanghai Steel United E-commerce Co., Ltd. (Mysteel), will be held on August 2, 2024, at Chongqing Sheraton Hotel. Through on-site discussions and exchanges, the conference will deepen information communication between upstream and downstream, analyze the current technical and cost issues faced by stainless steel product enterprises, and discuss how to reduce costs, improve product quality, enhance product competitiveness, and better meet new challenges and opportunities.

Shanghai Steel United hereby sincerely invites downstream enterprises, stainless steel factories, large processing centers, and industry association organizations to participate in this grand event. Through on-site discussions and exchanges between upstream and downstream, we aim to strengthen complementary advantages and create a future together.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

Website: https://www.metal-ae.com/www.metal-ae.com

Email: ae@americenergy.com

Phone: 13521210668

whatsapp: 13521210668

Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China

Liu Steel Zhongjin Successfully Rolls 1.8mm J5 Stainless Steel Coil in Batch

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

国家或地区 区号 上班时间 国际域名缩写 时差 国家或地区 区号 上班时间 国际域名缩写 时差 美国 001 21:00 US -13 加拿大 001 21:00 CA -13 中途岛 001808 夏威夷 001808 威克岛 001808 安圭拉岛 001809 AI -12 维尔京群岛 001809 圣卢西亚 001809 LC -12 波多黎各 001809 PR -12 牙买加 001809 JM -12 巴哈马 001809 BS -13 巴巴多斯 001809 BB -12 阿拉斯加 001907 多米尼加 001809 do -12 格陵兰岛 00299 南美洲各国国际区号一览表 国家或地区 区号 上班时间 国际域名缩写 时差 国家或地区 区号 上班时间 国际域名缩写 时差 福克兰群岛 00500 伯利兹 00501 22:00 BZ -14 危地马拉 00502 22:00 GT -14 萨尔瓦多 00503 22:00 SV -14 洪都拉斯 00504 22:00 SV -14 尼加拉瓜 00505 哥斯达黎加 00506 22:00 CR -14 巴拿马 00507 21:00 PA -13 海地 00509 21:00 HT -13 秘鲁 0051 21:00 PE -13 墨西哥 0052 22:00 MX -15 古巴 0053 21：00 CU -13 阿根廷 0054 19:00 AR -11 巴西 0055 19：00 BR -11 智利 0056 21:00 CL -13 哥伦比亚 0057 21:00 CO 0 委内瑞拉 0058 21:00 VE -12.5 玻利维亚 00591 20:00 BO -12 圭亚那 00592 19:00 GY -11 厄瓜多尔 00593 21:00 EC -13 法属圭亚那 00594 20:00 GF -12 巴拉圭 00595 20:00 PY -12 马提尼克 00596 20:00 -12 苏里南 00597 SR -11.5 乌拉圭 00598 19:00 UY -10.5 非洲各国国际区号一览表 国家或地区 区号 上班时间 国际域名缩写 时差 国家或地区 区号 上班时间 国际域名缩写 时差 埃及 0020 14:00 EG -6 摩洛哥 00210 14：00 MA -6 阿尔及利亚 00213 15:00 DZ -8 突尼斯 00216 15：00 TN -7 利比亚 00218 14:00 LY -6 冈比亚 00220 GM -8 塞内加尔 00221 16：00 SN -8 毛里塔尼亚 00222 马里 00223 16:00 ML -8 几内亚 00224 16：00 GN -8 科特迪瓦 00225 -6 布基拉法索 00226 尼日尔 00227 16:00 NE -8 多哥 00228 16：00 TG -8 贝宁 00229 毛里求斯 00230 12：00 MU -4 利比里亚 00231 16:00 LR -8 塞拉利昂 00232 加纳 00233 GH -8 尼日利亚 00234 15：00 NG -7 乍得 00235 15:00 TD -7 中非 00236 CF -7 喀麦隆 00237 15:00 CM -7 佛得角 00238 圣多美 00239 ST -8 普林西比 00239 ST -8 赤道几内亚 00240 加蓬 00241 GA -7 刚果 00242 15：00 CG -7 扎伊尔 00243 15:00 安哥拉 00244 15:00 AO -7 几内亚比绍 00245 阿森松 00247 -8 塞舌尔 00248 SC -4 苏丹 00249 14:00 SD -6 卢旺达 00250 埃塞俄比亚 00251 ET -5 索马里 00252 13:00 SO -5 吉布提 00253 DJ -5 肯尼亚 00254 13:00 KE -5 坦桑尼亚 00255 13:00 TZ -5 乌干达 00256 UG -5 布隆迪 00257 14:00 莫桑比克 00258 MZ -6 赞比亚 00260 14:00 ZM -6 马达加斯加 00261 13:00 MG -5 留尼旺岛 00262 津巴布韦 00263 14:00 ZW -6 纳米比亚 00264 NA -7 马拉维 00265 MW -6 莱索托 00266 LS -6 博茨瓦纳 00267 BW -6 斯威士兰 00268 科摩罗 00269 南非 0027 14:00 ZA -6 圣赫勒拿 00290 阿鲁巴岛 00297 法罗群岛 00298 欧洲各国国际区号一览表 国家或地区 区号 上班时间 国际域名缩写 时差 国家或地区 区号 上班时间 国际域名缩写 时差 俄罗斯 007 13:00 RU -5 希腊 0030 14:00 GR -6 荷兰 0031 15:00 NL -7 比利时 0032 15:00 BE -7 法国 0033 16:00 FR -8 西班牙 0034 16:00 ES -8 直布罗陀 00350 16:00 GI -8 葡萄牙 00351 16:00 PT -8 卢森堡 00352 15:00 LU -7 爱尔兰 00353 16:00 IE -4.5 冰岛 00354 17:00 IS -9 阿尔巴尼亚 00355 15:00 AL -7 马耳他 00356 15:00 MT -7 塞浦路斯 00357 14:00 CY -6 芬兰 00358 14:00 FI -6 保加利亚 00359 14:00 BG -6 匈牙利 00336 15:00 HU -7 德国 0049 15:00 DE -7 塞尔维亚 00338 意大利 0039 15:00 IT -7 圣马力诺 00223 SM -7 梵蒂冈 00396 15:00 罗马尼亚 0040 14:00 RO -6 瑞士 0041 15:00 CH -7 列支敦士登 004175 15:00 LI -7 奥地利 0043 15:00 AT -7 英国 0044 16:00 GB -8 丹麦 0045 15:00 DK -7 瑞典 0046 15:00 SE -7 挪威 0047 15:00 NO -7 波兰 0048 15:00 PL -7 大洋州各国国际区号一览表 国家或地区 区号 上班时间 国际域名缩写 时差 国家或地区 区号 上班时间 国际域名缩写 时差 澳大利亚 0061 6:00 AU +2 新西兰 0064 4:00 NZ +4 关岛 00671 GU +2 科科斯岛 006722 诺福克岛 006723 圣诞岛 006724 瑙鲁 00674 4:00 NR +4 汤加 00676 4:00 TO +4 所罗门群岛 00677 SB +3 瓦努阿图 00678 斐济 00679 4:00 FJ +4 科克群岛 00682 纽埃岛 00683 东萨摩亚 00684 -19 西萨摩亚 00685 -19 基里巴斯 00686 图瓦卢 00688 亚洲各国国际区号一览表 国家或地区 区号 上班时间 国际域名缩写 时差 国家或地区 区号 上班时间 国际域名缩写 时差 马来西亚 0060 8：00 MY -0.5 印度尼西亚 0062 9：00 ID -0.5 菲律宾 0063 8：00 PH 0 新加坡 0065 8：30 SG +0.5 泰国 0066 9：00 TH -1 文莱 00673 8：00 BN 0 日本 0081 7：00 JP +1 韩国 0082 7：00 KR +1 越南 0084 9：00 VN -1 朝鲜 00850 7:00 KP +1 香港 00852 8:00 HK 0 澳门 00853 8:00 MO 0 柬埔寨 00855 9:00 KH -1 老挝 00856 9:00 LA -1 中国 0086 8:00 CN 0 台湾 00886 8:00 TW 0 孟加拉国 00880 6:00 BD -2 土耳其 0090 14：00 TR -6 印度 0091 11:00 IN -2.5 巴基斯坦 0092 10:00 PK -2.5 阿富汗 0093 8:00 AF 0 斯里兰卡 0094 11:00 LK -2.5 缅甸 0095 9:30 MM -1.5 马尔代夫 00960 15:00 MV -7 黎巴嫩 00961 14:00 LB -6 约旦 00962 14:00 JO -6 叙利亚 00963 14:00 SY -6 伊拉克 00964 13:00 IQ -5 科威特 00965 13:00 KW -5 沙特阿拉伯 00966 13:00 SA -5 阿曼 00968 12:00 OM -4 以色列 00972 14:00 IL -6 巴林 00973 13:00 BH -5 卡塔尔 00974 13:00 QA -5 不丹 00975 蒙古 00976 8:00 MN 0 尼泊尔 00977 11:00 NP -2.5 伊朗 0098 13:00 IR

Successfully Rolled Out 1.8mm J5 Stainless Steel Coil in Liugang Zhongjin

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

🏭 Successful Production of 1.8mm J5 Stainless Steel Coil by Liugang Zhongjin 🏭

On July 4th, exciting news came from the hot rolling factory of Zhongjin Company, successfully mass-producing the extreme specification J5 stainless steel coil with a thickness of 1.8x620mm. In the afternoon of the same day, another extreme specification J5 stainless steel coil with a thickness of 1.8x650mm was successfully rolled. This breakthrough surpasses the previous limit of the thinnest product specification, which could only be rolled to 2.0mm. The overall production process went smoothly, and the first batch of extreme materials was successfully rolled.

Extreme specification rolling is a key technology in the field of metal processing. Solving various technical issues such as the control of rolling temperature and rolling force during the rolling process is crucial for successful rolling. The first batch of 1.8mm thick steel coils produced by the hot rolling factory passed quality inspection, with the product width and thickness being normal, and the product quality meeting the requirements. The process and equipment are stable and controllable, laying a solid foundation for further breakthroughs in thickness limits.

📘 Cover Story: Li Guibo: People-oriented, Brave in Breaking Through, Adding "Invisible Wings" to the Stainless Steel Dream 📘

📘 Cover Story: Zou Huiping: Focused on Stainless Steel for 18 Years, Post-Epidemic Era, Helping Rust Enterprises Tell Good Stories, Spreading Stainless Steel Brands 📘

🏢 Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

175,000 Tons/year! Taigang Xinhai, Another Project Successfully Tested Hot!

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

🌟 1.75 Million Tons/year! Taigang Xinhai, Another Project Successfully Tested Hot! 🎉

Source: Baosteel Engineering

As we warmly celebrate the 103rd anniversary of the founding of the Communist Party of China, good news comes from the project site in Shandong! Recently, the Taigang Xinhai No. 2 Hot Acid Regeneration Unit project in Shandong, which was contracted by Taigang Engineering under Baosteel Engineering, has successfully completed hot load linkage testing. This project has reached an advanced domestic level and has become a powerful tool for Taigang Xinhai's stainless steel products to expand their territory and influence, as well as a model for Taigang Engineering to actively participate in and serve the construction of Taigang's "one headquarters, multiple bases" project.

Taigang Xinhai in Shandong is an important part of Taigang Group's new layout in the stainless steel field, known as the "bending bow and arrow." The Taigang Xinhai hot acid regeneration project is a strong support to increase Taigang's market share and influence in stainless steel, and to achieve scale leadership. It is the first large-scale production line construction project implemented in the branch base of Taigang Group's "one headquarters, multiple bases" strategic layout and is also a life project and a hope project for Taigang Engineering's business performance in 2024.

Since the start of the project, Taigang Engineering has organized the best design and project management teams, vigorously promoted the excellent tradition of "daring to fight and dare to fight", strengthened the awareness of quality and cost, strictly controlled the design quality, and forged high-quality projects. It has fully utilized its technical advantages, service advantages, and the successful experience accumulated in the continuous construction of 14 high-end stainless steel hot acid regeneration units in China, strengthened technical exchanges and on-site services, and won the praise and recognition of the owner.

During the construction of the project, Taigang Engineering has adhered to the "four modernizations" as a guide, adhered to the concept of "doing a good job, training a team, cultivating a group of talents, and accumulating a group of achievements", and achieved the goals of high project independent design rate and high equipment automation level through practice and innovation. The unit has reached an advanced domestic level and has achieved the first independent development of process automatic control and furnace mathematical models. Taigang Engineering adheres to the principle of economy and practicality, optimizes the design of the main workshop, unit, public auxiliary facilities, and logistics according to the actual needs of the project, ensuring smooth logistics and compact public auxiliary facilities, saving investment and land for the owner, and reserving sufficient space for subsequent cold rolling deep processing.

After 15 months of hard work, with the close cooperation of the owner Taigang Xinhai in Shandong, China Ershi Yi, and Shanxi Zhenyi supervision, the hot load linkage test of the No. 2 hot acid regeneration unit was successfully completed for the first time. Next, Taigang Engineering will continue to work hard and live up to expectations to ensure that the No. 1 hot acid regeneration unit is put into production on schedule, and the project will ultimately produce 1.75 million tons of stainless steel hot-rolled annealed and pickled coils per year.

About Americ Energy (CHINA) Co., Ltd.

Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

2024 Second Half of the Year Steel Price or First Suppression and Then Rise

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

2024 Steel Price Forecast: A Tale of Two Halves

Core Insights

Throughout the year, with the continuous downturn in smelting profits, the elasticity of profits has significantly narrowed, shifting the main factors affecting steel price fluctuations towards raw materials. In the first half of 2024, the profit from steel raw materials was given back, providing insufficient support for steel prices. By the end of June, the main raw materials had fallen by more than 20% compared to the beginning of the year, while the decline in steel varieties was relatively smaller, with the cold rolling price falling by 12.9%, the largest drop, and the galvanized price falling by the smallest, 6.3%.

Looking forward to the second half of the year, steel prices may first be suppressed and then rise. 1) Raw material prices in the third quarter are still under pressure, dragging down steel prices. 2) In the fourth quarter, the signal of industrial restocking will be enhanced, and raw materials may enter the restocking cycle first, supporting the steel price rebound. It is expected that the average price of the general steel absolute price index in the second half of 2024 will be around 3940 yuan/ton, a year-on-year decrease of 4.2%.

PART 01: Overcapacity in Steel and Low Smelting Profits

1. Significant Decline in Steel Consumption, Severe Overcapacity in the Steel Industry

(1) In-depth adjustment in the real estate market, infrastructure performance below expectations

The real estate market has undergone in-depth adjustments in the first half of the year, with significant declines in various indicators. From January to May, the year-on-year growth rate of major real estate indicators showed a double-digit decline. Especially the year-on-year growth rate of the completion area has turned from 17% in 2023 to -20.1% in the first five months of this year, indicating an unprecedentedly severe situation in the real estate market. According to research feedback, financial tension is still the main reason for the real estate problem. Although real estate policies have been gradually relaxed this year, the market warming signal is still not obvious. The in-depth adjustment of the real estate market has led to a significant decline in steel consumption, especially the shrinkage of construction steel consumption is more obvious.

2. Low Position of Smelting Profits, Narrowing Fluctuation Range of Steel Prices

(1) Profits of the steel industry from January to May created the lowest record in the same period of history, and the continuous shrinkage of consumption is the main reason.

From January to May, the steel industry lost more than 10 billion yuan, with more than 60% of enterprises suffering losses. According to data from the National Bureau of Statistics, the total profit of the black metal smelting and processing industry from January to May 2024 was -12.7 billion yuan, the worst period in history. The average profit margin of 247 steel enterprises from January to June was 37%, which is about 4 percentage points lower than in 2023, and the steel enterprise loss is large.

PART 02: Raw Material Profits Given Back in the First Half of 2024, Insufficient Support for Steel Prices

In the first half of 2024, both steel prices and raw material prices were weak, with raw materials falling more than steel. Coke and coal led the decline, with coking coal falling by 23.9% from the beginning of the year, coke by 21.7%, and iron ore by 21.9%. Among the steel varieties, the cold rolling price fell the most, by 12.9%, followed by rebar, with a price drop of 11.1%, and the galvanized price fell the least, by 6.3%.

PART 03: Outlook for the Steel Market in the Second Half of 2024

1. Raw materials are expected to accumulate inventory in the third quarter, continuing to drag down finished products.

2. In the fourth quarter, the intensity of industrial restocking will be enhanced, raw materials will restock first, and support the steel price rebound.

PART 04: Risk Warning

1. Under the action of energy-saving and carbon reduction, the administrative pressure production in 2024 may exceed expectations.

2. Customs tax checks or restrictions on the export of some low-priced steel may occur.

Americ Energy (CHINA) Co., Ltd.

Americ Energy (CHINA) Co., Ltd. is a distinguished manufacturer and distributor of an extensive range of stainless steel products, designed to meet the varied requirements of multiple industries. Their product line includes stainless steel tubes, plates, strips, and square tubes, all produced to meet the highest quality standards.

Contact Information:

- Website: https://www.metal-ae.com/www.metal-ae.com

- Email: ae@americenergy.com

- Phone: 13521210668

- WhatsApp: 13521210668

- Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China

Deepen the Layout of the Stainless Steel Industry in the Southwest, This Conference is All You Need

  • Author John Doe
  • Date Apr 28
  • Categories no_categories

 

Deepen the Layout of the Stainless Steel Industry in the Southwest, This Conference is All You Need 📈

Chongqing, the second most important city in the southwest, has a large population and innovative business formats. The demand for stainless steel products in modern planning and landmark buildings is huge and still shows a rapid growth trend. The monthly total circulation of stainless steel in Chongqing, Kunming, Guiyang, and Chengdu is nearly 80,000 tons. The main consumer fields are decoration and decoration, chemical projects, machinery, household products, wine companies, etc., among which the monthly circulation of stainless steel in Chongqing is about 10,000-20,000 tons, mainly circulating 201 and 304 cold-rolled sheet resources.

In order to delve into the southwest stainless steel market, the 2024 Stainless Steel China Tour - the 2nd Southwest Stainless Steel Industry Chain Conference, hosted by Shanghai Steel Union E-Commerce Co., Ltd. (Mysteel), will be held on August 2, 2024, at the Chongqing Sheraton Hotel. Through on-site discussion and exchange, it will deepen the communication of information between upstream and downstream, analyze the current technical and cost issues faced by stainless steel product enterprises, how to reduce costs, improve product quality, enhance product competitiveness, and better meet new challenges and opportunities.

Shanghai Steel Union hereby sincerely invites downstream enterprises, stainless steel factories, large processing centers, and industry association organizations to participate in this grand event. Through on-site discussion and exchange between upstream and downstream, we will strengthen the complementarity of advantages and create the future together.

Americ Energy (CHINA) Co., Ltd.

A prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings include stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.

Contact Information:

Website: www.metal-ae.com

Email: ae@americenergy.com

Phone: 13521210668

WhatsApp: 13521210668

Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China