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Saudi Arabia Wants an Oil Production Cut; China Wants Steel Overcapacity Cuts

Keywords :        Update : 2016-08-17        View(s) : 1142

Saudi Arabia is pushing for an oil production cut among its fellow OPEC nations as well as other big producers such as Russia. In China, Beijing is pushing local governments to cut steel overcapacity. Saudis: Let’s Make a Production Cut Deal The Organization of Petroleum Exportin...

China July daily Steel output down from record 2.32 MMT a day in June

Keywords :        Update : 2016-08-16        View(s) : 1431

As per  government data, China's average daily crude steel output fell in July,  providing some respite to overseas rivals angered by a torrent of cheap steel  from Chinese mills in the past year. It is expected that the output may  lower further in the coming months as m...

US Steel Prices Under Pressure: Higher Imports In H2?

Keywords :        Update : 2016-08-12        View(s) : 1584

US Steel Prices Under Pressure: Higher Imports In H2? China cut 13 million metric tons of excess crude steel capacity in the first half of the year, less than a third of its annual target. China’s vice industry minister said in July that the country will step up efforts...

Chinese official says no dumping in Steel exports

Keywords :        Update : 2016-08-11        View(s) : 1630

Steel firms of China have not been dumping in the global market, said a senior Chinese official. Other countries must not resort to trade protectionism as this will not help the contracting global steel industry, reported Chinadaily.com. Government subsidies does not make the Chinese steel m...

How to increase the stable performance of SSAW steel pipe

Keywords :        Update : 2016-08-10        View(s) : 1493

1.Small and medium-sized steel,Wire rod,rebar,Medium caliber steel pipe,steel wire and steel wire rope, can be stored in a well ventilated material shed, but must cover pad. 2.Some small steel,thin steel plate, steel strip, silicon steel sheet,Small diameter or thin wall steel tube,All kinds of co...

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