Opportunity with risk along the way with South Africa cooperation
One side is a huge market demand, and one side is overcapacity. This should be a win-win opportunity, but due to the vigilance of China's steel exports, trade barriers between South Africa and China's steel products have occurred frequently in the past few years.
Huge market demand in South Africa Steel Market
South Africa is the first major force in the economic development of Africa. The economy and industrial base are good, and the “steel demand” is strong. It is understood that South Africa has experienced strong economic growth in recent years, especially in the mining, construction and communications industries.
China Steel's South Africa Opportunity
Four years later, the predictions of the South African National Industrial Development Corporation (IDC) have become a reality ahead of schedule, with South Africa's annual steel demand reaching 10 million tons.
Progress in heat treatment of high speed steel rolls
The basic characteristics of high-speed steel rolls are: high hardness of carbide; good thermal stability; excellent toughness; good harden ability; strong ability to form oxide film; good resistance to thermal cracking; good wear resistance.
Steel international capacity cooperation ushered in a period of rapid development
Since 2013, China's iron and steel enterprises have actively implemented the “One Belt, One Road” initiative and went global to carry out international capacity cooperation. Currently, with the deepening of the construction of the “Belt and Road”.
US Department of Commerce approves first batch of steel products "232" tariff exemption application
The US Department of Commerce announced on August 20 that it has approved the first batch of applications for steel products exempt from the US "232" tariff.
Hot Products
ASTM A312 Seamless Stainless Steel Pipe
Oil & Gas Line Pipe
ASTM A252 Piling Pipe
Oil & Gas Pipeline
