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China has become a primary power in aluminum forging

Free forgings and die forgings are an important class of stressed structural parts and high-precision technology products. China has become the world’s primary power in aluminum forging production. Southwest Aluminum (Group) Co., Ltd. and Northeast Light Alloy Co., Ltd. produce 5m and The 9m-class large forged ring not only meets the needs of the development of China's aerospace industry, but also batches of other aluminum alloy forgings are installed on thousands of Boeing planes. The parts are qualified and there has never been a quality accident.
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27
2019-11

Iron ore price increase butterfly effect attacks power equipment

Time of issue: : 2019-11--27
The price of imported iron ore has soared, and domestic iron ore companies are booming. Iron and steel companies that use iron ore as raw materials feel pressured. In order to absorb the cost of price increases, steel companies have raised product prices and use steel as raw materials downstream. Enterprises are all rumblings. In this industry chain, power equipment manufacturers that have suffered from raw materials for a long time reacted particularly strongly.
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25
2021-08

The domestic stainless steel strip market trend is obviously stronger than that of steel

Time of issue: : 2021-08--25
The domestic stainless steel strip market trend is obviously stronger than that of steel, especially the relatively strong performance of imported mines, and the call for price increases of coke has been high. However, as steel prices gradually approached the marginal cost of steel mills, the purchasing enthusiasm of steel mills weakened. After the second half of the month, the trend of the raw material market began to weaken, billet and scrap fell relatively sharply, and the prices of imported iron ore and coke also eased at the end of the month. Due to the sluggish demand in the steel market during the off-season, steel prices have also been declining. Steel mills have reduced production and increased maintenance, which has a greater impact on the prices of raw materials. In fact, the prices of raw materials are still stable except for iron ore. Both have fallen sharply.
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25
2021-08

The market price of 304 stainless steel strip may be adjusted slightly in the short term

Time of issue: : 2021-08--25
At present, the domestic construction steel market is relatively weak. The continuous decline in the price of 304 stainless steel strip has made the profit margin of steel mills very small. Some qualified steel mills have gradually reduced the production of construction steel, increasing the production of plates with certain profit margins; secondly, since 2014, my country The volume of steel exports continued to rise. From January to August, my country exported 56.83 million tons of steel products, a year-on-year increase of 35.4%, setting a record high. In the case of continued weak domestic demand, a large number of exports eased domestic supply pressure. However, from the perspective of price, there is still no advantage. There is a phenomenon of "price-for-quantity"; thirdly, excess production in the north still exists in the fourth quarter of this year. The domestic steel market demand is weak, and the situation of North China goods going south is not optimistic; finally, the current operating rate of steel mills in North China is generally high, basically maintaining full capacity production, and the pressure on the supply side still exists. If the demand cannot be effectively recovered, the price of 304 stainless steel strip in the future Or will be further under pressure. To sum up, in October, domestic hot coil production was affected by the overhaul, and there was a substantial reduction in production. However, due to the reduction in orders from various steels, the resources flowing to the market did not decrease, and the market will still be under greater sales pressure in the later period. Although it alleviates the gap of insufficient internal ascending power, it accounts for a relatively small amount after all. Merchants and downstream companies have strong willingness to replenish warehouses, the billet market is fair, and the domestic market is operating smoothly as a whole. Recently, after the billet weather vane market in Tangshan fell sharply to 2350, downstream and merchants began to buy bottoms. The transaction was hot for a while, and the price rebounded to 2470. However, due to weak demand support, it fell back to 2400 and around 20 yuan in the last two weeks. The author predicts that the psychological bottom of the market will be at 2400, and the overly pessimistic outlook has been basically eliminated. However, as the leading market prices continue to consolidate at a low level, 304 stainless steel strip merchants have lowered their expectations for a price rebound, so they began to lower their quotations, and because the spread is still large, it is expected that there is still room for decline in the short term. In terms of inventory, the current inventory in the hands of merchants is low, and the large-scale inventory is only about 1,000 tons, and there is no plan to replenish in the short term.
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DongGuan XingYe Metal Material Co., Ltd.

Add.: Dongshan Village, Qishi Town, Dongguan, Guangdong, China
Tel: +86-769-86788393
Fax: +86-769-86788394
E-mail: 605499456@qq.com 

Copyright© 2021  DongGuan XingYe Metal Material Co., Ltd.  All rights reserved       Powered by www.300.cn

Copyright© 2021 DongGuan XingYe Metal Material Co., Ltd.  All rights reserved

    Powered by www.300.cn

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