The steel market is weak, and many steel companies are actively limiting production
In the second half of the year, domestic steel production continued to grow at a high level, resulting in a sustained low volatility in the steel market.
Weak operation of the scrap market (August 24 to August 30)
Last week, the domestic scrap market was weak, social stocks were lower, steel prices were weak, and some steel mills bought scrap according to the arrival and inventory.
Weekly review of raw material market (August 24th to August 30th)
Last week, the prices of major varieties in the raw materials market fell, iron ore prices stopped falling and rebounded, the coke market is about to start a second round of price cuts, coking coal prices have fallen steadily, and the prices of various ferroalloys have been mixed.
Welcome Bangladesh Customer Visiting Factory
In end of July, we got a inquiry of DN1400&DN300&DN250 pipes and flanges from Bangladesh customer, total is 85 Tons.
The Middle East pile pipe production is production smoothly
At the beginning of December 2019, Xinyue received an inquiry from customer about pile pipe projects. They need ssaw steel pipe welded C9 cluthes and sheet piles with external coating.
The South American Waste water Project was Successfully Delivered
At the beginning of 2019, Tianjin Xinyue received an enquiry from the South American customer for waste water treatment project. The project requires more than 400 tons of steel pipes from outer diameter 2 inch to 48 inch and more than 100 items steel fittings.
Hot Products
ASTM A312 Seamless Stainless Steel Pipe
Oil & Gas Line Pipe
ASTM A252 Piling Pipe
Oil & Gas Pipeline
