Cold-rolled steel with a layer of hot-dip galvanized coating on it, effective anti-rust for 5 years, zinc layer thickness and steel coil width and thickness can be customized
Cold-rolled steel with a layer of hot-dip galvanized coating on it, effective anti-rust for 5 years, zinc layer thickness and steel coil width and thickness can be customized
Galvalume/Aluzinc Steel, also known as hot-dip Al-Zn coated steel, is a kind of steel made of cold rolled steel with different strength and thickness as substrate. It is produced through applying Al-Zn on both faces of the substrate by hot dip process. The composition by weight ratio of each major element is 55% aluminum, 43.4% zinc and 1.6% silicon.
The thickness of the products ranges from 0.12mm to 2.5mm, and the coating weight is Z30-150g/m2. Regarding the hardness (HRB), our galvalume steel has soft hard (
Asian Pearl Industry Limited can produce different specifications of electro galvanized steel coil and hot dip galvanized steel coil products. We can produce our galvanized steel coil products according to different international standards such as EN10147, ASTM-A653, JIS G3302, etc. The thickness of the products ranges from 0.105mm to 4mm, and the zinc coating weight is Z30-600g/m2. Regarding the hardness (HRB), our galvanized steel has soft hard (
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Valin Steel Produced 2.25mlt of Steel Products in Nov, 2020
Report released by Valin Steel shows that steel products output in November reached 2.25 million tons, down 2.17% from October while sales volume was up 6.73% to 2.38 million tons.
In November, Valin Steel iron output was down 3.68% from last month to 1.83 million tons and crude steel output was down 3.67% to 2.36 million tons...
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SteelHome: China HRC Import up 33% in Sep M-o-M
According to latest data from General Administration of Customs, China imported hot-rolled coil of 1.35 million tons in September, up 33% from previous month. HRC imports in the first nine months totaled 5.71 million tons.
In terms of import sources, HRC imports mainly came from Asia, Middle East and CIS region. Among them, imports from India, China Taiwan, Japan, South Korea and Ukraine all exceeded 100,000 tons in September.
In terms of destination, HRC imports were mainly shipped to southeast coastal area, among which total imports of Zhejiang Province, Fujian Province, Jiangsu Province, Guangdong Province and Shanghai accounted for 90% of HRC imports in September.
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Hebei Chengde Shengfeng Steel Shut Down on September 30
On September 23, Chengde Shengfeng Steel released an announcement, stating that all the equipment will shut down on September 30.
According to the Capacity Replacement Plan released on November 26, 2019, the production capacity of Hebei Shengfeng Steel will be transferred to Guangxi and Guangdong Province.
Founded in 2014, Chengde Shengfeng Steel possesses two 650m3 blast furnaces with iron-making capacity of 1.49 million tons and two 50t converters with steel-making capacity of 1.7 million tons. The main products are billet and HR strip and the output of HR strip reduces by around 4,000 tons per day after shut down.
4.03 Mlt of Steel Capacity Eliminated in Sichuan Province since 2017
Since 2017, 3 projects of 2.66 million tons steel-making capacity in 10 steel capacity replacement projects have been completed and put into trail production. And steel-making capacity in Sichuan Province has been eliminated by 4.03 million tons.
In 2016, 4.20 million tons of crude steel capacity and 1.60 million tons of iron-making capacity have been reduced in Sichuan Province. In 2017, 0.77 million tons of crude steel capacity and 0.1 million tons of iron-making capacity have been further eliminated. In May, 2018, iron-making capacity has been reduced 0.57 million tons. And its main task of resolving excess capacity has been fully completed.
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SteelHome Express: Shanghai CRC Prices Edge Up on Increased Billet Price
According to SteelHome survey, CRC market prices rise by 50 yuan/t in Shanghai market.
Last week, CRC market prices dipped with plain transactions. On Monday, market quotation is driven up by increased billet prices. At present, spot product market prices are supported by the tight supply and high cost. CRC production lines of Benxi Steel are in maintenance from August 25 for 10 days, then the total output declines by 50,000 tons. Traders tend to keep the inventory at a low level.
SteelHome predicts that CRC market prices will keep rising.
Related Link: Market price of Shanghai CR Sheet/Coil on Aug 31,20(new)
SteelHome Express: Shanghai HRC Prices Edge Down
According to SteelHome survey, HRC prices generally decreases by 10 yuan/t in Shanghai market. Yesterday, the transactions were sparse. Some traders lower the transacting prices in August-end to ease its pressure on fund. It is learned that HRC inventory increases due to the sluggish transactions and increased volume of arrivals. SteelHome predicts that HRC market prices will continue to decline amid fluctuation.
Related link: Market price of Shanghai HR Coil on Aug 27,20(new)
Monthly Report on China HRC Market for July 2020
Abstract
Domestic HRC market prices generally rose amid fluctuation in July. Both market and mill inventories went up. Trading volume slightly increased year on year. With the profitability, steel mills produced at its full capacity, but the products were still in shortage in some markets.
In July-end, some traders chiefly focused on selling due to the inventory and fund pressure. Heavy rainfalls in Southern China faded away in middle and late July, then the demand generally rose. Market sentiment was bullish.
SteelHome forecasts that HRC market prices will keep rising amid fluctuation in August.
According to SteelHome survey, HRC prices generally decrease by 10 yuan/t in Shanghai market. The transactions were comparatively weak on last Friday and the transacting prices were lowered. Today, the procurement is sparse. Downstream and end users mainly hold wait-and-see attitudes towards the market development. Some traders mainly focus on selling to ease its pressure on fund and inventory. SteelHome predicts that HRC market prices will continue to decline amid fluctuation.
Related link: Market price of Shanghai HR Coil on Jul 27,20(new)
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