- Chinese
- English

language

Home

Steel winter storage market difficult to reproduce, crude steel production continues to decline

Published Time:

2018-07-17

Author:

Source:

Summary

Although winters in previous years have been the off-season for steel consumption, the winter storage market still offered hope for steel prices. However, the 2013 winter storage market is expected to underperform. The main reasons for this judgment are: a pessimistic outlook for the steel market, resulting in insufficient market willingness for winter storage; steel traders, having suffered losses, are short of funds, and tighter bank lending has further constrained their finances, making it difficult for them to engage in winter storage. Neither the motivation nor the ability supports steel traders and consuming enterprises to engage in winter storage.

　　While winters in previous years have been the off-season for steel consumption, the winter storage market still offered hope for steel prices. However, the 2013 winter storage market is expected to underperform. The main reasons for this judgment are: a pessimistic outlook for the steel market, resulting in insufficient market willingness for winter storage; steel traders, after suffering losses, have limited funds, and tighter bank lending has further constrained their finances, making it difficult for them to engage in winter storage. Neither the motivation nor the capacity supports steel traders and consuming companies in undertaking winter storage.

　　Given the unpromising winter storage market and the entry of steel consumption into the off-season, steel demand is expected to remain weak. Before the end of the year, steel prices are likely to consolidate at low levels, and coking coal and coke are unlikely to see any upward momentum.

　　The latest data from the China Iron and Steel Association shows that the average daily crude steel output in early December continued the downward trend of November, with a preliminary estimate of 2.0129 million tons, a decrease of 3.7% month-on-month. This figure is significantly lower than the average for the first 10 months of 2013. Regardless of the accuracy of the data, it reflects a downward trend in crude steel production, which means reduced demand for coking coal and coke by steel producers, creating a direct negative impact on the coking coal and coke market. If crude steel production continues to decline, the outlook for the coking coal and coke spot market will be bleak.

Keywords:

National 16Mn steel pipe index changes

Steel Pipe Industry: Overall Recovery in 2014, Continued Boom in Oil and Gas Pipelines

More Information

How to calculate the yield point of seamless square tube

For metallic materials exhibiting yield phenomenon, the stress at which the specimen continues to elongate without any increase in force (the force remains constant) during tensile testing is called the yield point. If the force decreases, the upper and lower yield points should be distinguished. The unit of yield point is N/mm2 (MPa).

2022-06-11

Seamless steel pipe performance, use and types

A crucial aspect of the quality of precision welded tubes is the removal of burrs from inside the weld seam. Due to spatial constraints, the removal of internal burrs in small-diameter welded tubes has always been a technical challenge in the welded tube manufacturing industry. Therefore, selecting a suitable welding method from the welding technology aspect is an effective way to solve the problem. Welding methods that produce welds with small internal burrs include direct current welding and square wave resistance welding. These welding methods are characterized by uniform heating, smooth weld seams, good quality, and the formation of very small internal burrs, generally only 0.1～0.2㎜.

2022-06-07

How to identify thick-walled seamless steel pipes?

In the actual trading environment, the quality of Jiangsu seamless steel pipes is uneven, and there are many counterfeit and inferior products. So how to identify thick-walled seamless steel pipes? The following is an introduction: Counterfeit Jiangsu seamless steel pipes often have rough surfaces. The uneven surface refers to the irregular raised defects on the surface of Jiangsu seamless steel pipes caused by serious groove wear. This is because Jiangsu seamless steel pipe manufacturers excessively pursue profits, and the rolling groove process has not been replaced. Counterfeit and inferior Jiangsu seamless steel pipes are prone to scarring on the surface There are two reasons for this: on the one hand, the quality of Jiangsu seamless steel pipes is uneven, and there are more impurities; on the other hand, the manufacturer's guide device is not good, it is easy to stick steel, and impurities are easy to leave scars on the surface of the stainless steel pipe after rolling. Counterfeit wood surfaces are prone to cracking The reason for cracking is that the billet is an earth billet, and the earth billet has larger pores. The earth billet is easily cracked under the influence of thermal stress during cooling, causing cracks in the stainless steel pipe after rolling.

2022-06-07

Tianjin Jinnuo Steel Pipe Co., Ltd.

The company's main products are straight seam steel pipes (straight seam welded pipes) and square pipes; the auxiliary products are hot-expanded steel pipes, hot-rolled steel pipes, large-diameter shaped steel pipes (large-diameter steel pipes), welded steel pipes, and galvanized pipes. We supply at low prices all year round, with guaranteed quality, good reputation and credibility, and are trustworthy.

COOKIES

Our website uses cookies and similar technologies to personalize the advertising shown to you and to help you get the best experience on our website. For more information, see our Privacy & Cookie Policy

COOKIES

required

These cookies are necessary for basic functions such as payment. Standard cookies cannot be turned off and do not store any of your information.

analyze

These cookies collect information, such as how many people are using our site or which pages are popular, to help us improve the customer experience. Turning these cookies off will mean we can't collect information to improve your experience.

Feature

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third-party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

advertise

These cookies help us understand what you are interested in so that we can show you relevant advertising on other websites. Turning these cookies off will mean we are unable to show you any personalized advertising.