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In 2020, the iron and steel industry will continue to strengthen the supply-side structural reforms and strictly prohibit overcapacity. In recent five years, the steel industry keeps a stable operation and has had prosperous momentum while also remains some concerns like fast capacity releasing, a sharp increase of iron ore prices, high environmental pressure, etc. In 2019, China’s crude...
Read moreChina’s leading producer of steel Hebei Province governor Xu Qin announced that Hebei Province will continue with huge overcapacity cuts in 2020 amid an ongoing industrial upgrading. He said “The province plans to cut production capacity of steel and iron by 14 million tonnes this year.” Hebei and several other regions around Beijing are home to major steelmakers, coal mines and chemical plants. T...
Read moreAll metals will have a reaction with oxygen in the atmosphere, forming the oxidation film on its surface. Unfortunately, the ferric oxide on the surface of general carbon steel will keep oxidizing and the rusting areas will keep expanding, finally forming a hole. We can add oil painting or electroplate the metals of oxidation-resistance (like zinc, nickle and chrome) to protect the metals. However...
Read moreChina's biggest steelmaker Baowu Steel Group produced 96 million mt of crude steel in 2019, according to Baowu's website this week. The state-owned company was likely the world's biggest steel producer in 2019, as ArcelorMittal trimmed output in response to weak demand in European markets. EU-based ArcelorMittal produced 92.5 million mt of crude steel in 2018. Baowu's production came from its subs...
Read moreOn the last day of 2019, there are many people of Shinmade still working hard to produce high-quality cold rolled coils for customers. Insisting on the service concept of “Make more contributions to our customers and make more progress today than that of yesterday ”, all Shin made staff do their work with craftsmanship to provide excellent products and create more value to their customers. Always ...
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