Asia Pipe Fitting Project Ready For Shipment
In January 2019, Xinyue Steel group signed a pipe fitting project order with a regular customer from Asia. The total order includes a number of products with different sizes, such as Reducer, tee and elbow, totaling 180 items with a total quantity of more than 6000 pcs.
Steel futures prices are slower than current spot
In the process of soaring iron ore spot prices, iron ore futures prices have followed defensive follow-up. From the statistics from April 1 to the present, in the current price changes, the spot is faster than the futures and higher than the futures.
Iron ore imports are falling
Taking May as an example, the national crude steel output increased by 10% year-on-year to reach 89.09 million tons, once again creating a record high in single-month production.
Southeast Asia Oil Pipeline Fitting Completed
As a supplier of oil and gas pipeline industry, Xinyue has been providing products and services for many large oil and gas companies in the world in the past decades. In Asia, Malaysian National Oil, Indian Oil and Indian Oil and Gas, Greek Oil in Europe, and Venezuelan Oil in the Americas.
Successful Delivery of Pile Pipe To Southeast Asian port
In March 2019, After XINYUE STEEL signing piling contract, and we started the production with the Southeast Asian customer piling pipe project. During the production process, the third party SGS supervised the production of the pile pipe.
The airport fuel pipeline finished production successfully by Xinyue Steel
At the end of March 2019, Xinyue received the purchase orders from the customer for the airport fuel pipelines needed for airport construction. The customers needed seamless oil pipes with both internal and external anti-corrosion coatings.
Hot Products
ASTM A312 Seamless Stainless Steel Pipe
Oil & Gas Line Pipe
ASTM A252 Piling Pipe
Oil & Gas Pipeline
