This is Xinyue Delivery Speed
On August 15, 2019, Xinyue received inquiries from more than 90 tons of seamless pipes, welded pipes and fittings from Singapore customers.
Algeria water pipe project tested qualified delivery
The requirement is API 5L non-toxic epoxy resin coating inside steel pipe and 3PE coating outside, which is used for drinking water pipeline engineering.
Successfully Delivery of Vietnam's thick-wall seamless pipe
At the beginning of May 2019, Xinyue received a thick-walled seamless inquiry from a new Vietnamese customer. In the follow-up communication with the customer, the project was plan to start in September.
The Pipe Production for Beacon Project has been Finished
In 2019, Tianjin Xinyue Steel Group cooperated with many large contractors and EPC in Malaysia. The scope of cooperation not only includes infrastructure construction, liquid pipeline projects, but also contains some other multinational projects contracted locally.
Indian Old Customer IBR Qualified Seamless Pipe Shipped Again
In June 2019, we received an inquiry about the seamless stock order from India customer. This inquiry is similar of the order of last year. Due to the successful experience of last year, Xinyue provided the quotation and inspection plan according to the market situation.
Supply contraction inventory pressure is reduced, rebar rebound is expected to continue
Since last Friday, rebar futures prices have continued to rebound. The RB2001 contract has been close to 200 yuan/ton since the lowest point. The supply and demand drive up and the low valuation of futures are the core factors that induce this wave of rebound.
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