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Impact of Pig Iron Price Changes on Clamps
Pig iron costs in China fell last week. At present, the cost of ironmaking in Hebei is 3,025 yuan/ton, down 34 yuan/ton last week; the cost of cast iron in Hebei is 3,474 yuan/ton, down 35 yuan/ton last week. The cost of ironmaking in Shandong was 3046 yuan/ton, down 38yuan/ton last week; the cos...Read more -
Effect of Shipping Price Changes on Cast Iron Pipe
The spot freight rate in the U.S. line market has continued to rise for a month, and the largest weekly increase in the U.S.-West freight rate has reached 26.1%. Compared with the freight rates of US$1,404/FEU in West America and US$2,368/FEU in East America on July 7, the freight rates of Sha...Read more -
Impact of Steel Price Changes on Hose Clamps
Recently, China’s domestic pig iron market has risen steadily. According to the data, steel-making pig iron (L10): 3,200 yuan in Tangshan area, unchanged from the previous trading day; 3,250 yuan in Yicheng area, unchanged from the previous trading day; 3,300 yuan in Linyi area, up from the...Read more -
Impact of Steel Price Changes on Cast Iron Pipes
On the 1st, the price of 5# angle steel in Tangshan was stable at 3950 yuan/ton, and the current corner-billet price was 220 yuan/ton, which was 10 yuan/ton lower than that of the previous trading day. Tangshan 145 strip steel factory 3920 yuan / ton increased by 10 yuan / ton, and the price diff...Read more -
RMB Exchange Rate Changes
Last week, the yuan rebounded against the dollar, according to the content of the Politburo meeting, institutions generally believe that the exchange rate stability will receive more attention. A more critical point is the dollar, Beijing time last Thursday (27) at 2:00 am will usher in the Feder...Read more -
Hose Clamps Usage and Advantages
Hose Clamps may be small in size, but its applications are vast and varied. It can be adjusted to match the size of a screwdriver, which is crucial for property connections. The market offers three popular types of Hose Clamps – English style, Deku style and beauty style. The non-steel Hose Clamp...Read more -
Latest Steel Industry Consultancy
On July 19, the average price of 20mm grade 3 shock-resistant rebar in 31 major cities across the country was RMB 3,818/tonne, up RMB 4/tonne from the previous trading day. In the short term, is currently in the off-season demand, the market turnover situation is not stable, coupled with the rece...Read more -
China’s Export Demand Remains Unimproved in June
Following May, export growth was again negative in June, which analysts said was partly due to the lack of improvement in weak external demand, and partly because a high base in the same period last year suppressed export growth in the current period.2022 In June, the value of exports increased b...Read more -
Production Process Key Parameters Control System
In 2019, we passed the ISO9001 quality management system certification audited by BSI from UK, and had been controlling the quality of products completely in accordance with requirements. For example; 1. control of raw materials. Besides of the chemical property of iron, we also requires our fact...Read more -
Latest Industry News and Supply System
As of writing, the offshore yuan (CNH) was at 7.1657 against the dollar, while the onshore yuan was at 7.1650 against the dollar. The exchange rate rebounded, but the overall trend is still in favour of exports.At present, the price of pig iron in China is relatively stable, the price of Hebei ca...Read more -
Duffy Increases FAK Ocean Freight Rates on Asia-North Europe Route
Container exports from 18 Asian economies to the US fell about 21 per cent year-on-year to 1,582,195 TEUs in May, the ninth consecutive month of decline, according to JMC statistics this week. Among them, China exported 884,994 TEUs, down 18 per cent, South Korea exported 99,395 TEUs, down 14 per...Read more -
Latest Industry News
On July 6, the RMB exchange rate mid-rate was quoted at 7.2098, down 130 points from the mid-rate of 7.1968 on the previous trading day, and the onshore RMB closed at 7.2444 on the previous trading day. at the time of writing, the Shanghai export container integrated freight index released by the...Read more