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Houthi Attacks in Red Sea: Higher Shipment Cost impact on cast iron pipe manufacturer export
Houthi Attacks in Red Sea: Higher Shipment Cost Due to Rerouting of Vessels Houthi militants’ attacks on ships in the Red Sea, which is claimed to be revenge against Israel for its military campaign in Gaza, are threatening global trade. Global supply chains could face severe disruption as ...Read more -
Invitation To The 134rd Canton Fair
Dear friends, We are excited to announce our participation in the 134rd Autumn #Canton Fair, This time, #Dinsen will meet you in the #building and construction materials exhibition area from 23rd to 27th #October. DINSEN IMPEX CORP is a supplier of high quality cast iron pipes, grooved pipe ...Read more -
The Impact of Shipping Price Fluctuations on Hose Clamp Industry
Recent data from the Shanghai Aviation Exchange reveals significant shifts in the Shanghai Export Containerized Freight Index (SCFI), with implications for the hose clamp industry. Over the past week, the SCFI experienced a notable decline of 17.22 points, reaching 1013.78 points. This marks the ...Read more -
RMB Exchange Rate Changes
As the offshore renminbi fell below 7.3, the onshore renminbi also approached this key psychological point step by step, and the signal of maintaining stability continued to heat up. First, the central parity rate released a stable signal, and in the past two weeks, a large state-owned bank enter...Read more -
Impact of Rising Spot Freight Rates on Hose Clamps in the Far East Route
The surge in spot freight rates along the Far East route is exerting notable effects on the hose clamp industry. Numerous liner companies have once again implemented General Rate Increases (GRI), leading to significant spikes in container shipping prices across the three major export routes in th...Read more -
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