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Q Industry Chain || Qingshan Industrial, Jinhui China Super League, Yongjin Co., Ltd., stainless steel fasteners and other steel companies and industry events

Aoyama Industry and Mozambique's government successfully signed a memorandum of cooperation


On June 14, under the witness of the Minister of Trade and Trade of Mozambique, the Minister of Trade and Trade of Mozambique and the local media, Aoyama Industry and the Mozambique government jointly signed a memorandum of cooperation in the Mozambique Green Industrial Park project. Based on this memorandum of cooperation, the two parties will continue to communicate in depth on subsequent work. Qingshan Industrial is looking forward to cooperating with the Mozambique government, corporate circles, and all sectors of the society to jointly promote the implementation of the Mozambique Green Industrial Park project and make positive contributions to economic development and environmental protection.


Jinhui China Super Hot Rolling Factory strives to sprint through the annual production and operation goals of the year


Since June, Jinhui China Super Hot Rolling Plant has made a detailed summary of the work in the first half of the year to find gaps and strong measures in comparison of various indicators in the first half of the year. Specific measures such as refined management, quality improvement, and cost control, carefully organize production to ensure the completion of various task goals throughout the year. From June 15-16, the factory launched a 2 -day main rolling equipment maintenance, and a comprehensive "physical examination" of the equipment was "kept" and kept in the best state to struggle for the sprint in the second half of the year. The goal lays a solid foundation.


Stainless steel fastener manufacturer Ong Zhan Industrial completed nearly 100 million yuan Pre-IPO round financing


Recently, Olyshan Industrial Co., Ltd. completed nearly 100 million yuan Pre-IPO round of financing. This round of financing was jointly participated by Hangjin Investment Fund, Hangshi Group, EQ, Xiaoshan Capital Group and other participation. Another additional investment after the Monthly Investment Olympic Exhibition Industry.

 

Olympic Industry is located in Xiaoshan District, Hangzhou. It is a national high -tech enterprise specializing in the research and development, production and sales of stainless steel fasteners. Olympic Zhan brand fasteners are widely used in high -end equipment manufacturing, rail transit, nuclear power, wind energy, power, power, petrochemical, communication, aviation and other industries.


Announcement on signing an equity transfer agreement and the progress of foreign investment


The board of directors of the company and all directors guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and integrity of its content according to law.


Important content reminder:

Zhejiang Yongjin Metal Technology Co., Ltd. (hereinafter referred to as "Company") and Guizhou Hangya Technology Development Co., Ltd. (hereinafter referred to as "Hangya Technology") have recently signed the "Equity Transfer Agreement". Some Henan Zhongyuan Titani Co., Ltd. (hereinafter referred to as "Zhongyuan Titanium Industry" or "Target Company") has not yet paid 5%of the subscribed capital share (hereinafter referred to as the "target equity") to the company with 0 considerations. After the transaction was completed, the company's equity ratio of Zhongyuan Titanium industry rose to 56%.

Q Kim Dale: Although it was impacted by China and Indonesia, India's stainless steel still has global competitiveness.

Comprehensive foreign media news on June 14, Abhyuday Jindal, general manager of India's Kingdale Stainless Steel Company, said recently that although the Indian stainless steel industry has been impacted by imported products from China and Indonesia, India's stainless steel is still global.

 

Q: In view of global uncertainty, how do you think of the stainless steel demand of this fiscal year?

A: In fiscal 2023, our sales were 176.4405 million tons and the domestic and export markets in the first quarter of the current fiscal year also increased. Therefore, we hope that the demand for stainless steel will continue to grow. In addition, after the production capacity of 1 million tons of stainless steel melting workshop in March, our melting production capacity increased to 2.9 million tons per year. We expect that the output of fiscal 2024 will increase by more than 20%over 2023 fiscal year.

 

Q: Will the domestic demand in India continue?

A: Yes, as far as the domestic market is concerned, the prospect is optimistic. The main driving force of this growth is the needs of the end user industry, which is supported by the government's promoting sustainable development solution (including infrastructure expenditure). The 10 billion rupees for infrastructure development will promote stainless steel demand in the medium term. According to a report in the CRISIL month, the CAGR of domestic stainless steel demand is expected to reach 9%. This is twice the 4.5%growth rate in recent years. We have seen that the application of stainless steel in China has increased and entered different industries. The demand for stainless steel in India is expected to increase from the current 3.6 million tons to 20 million tons in 2047.

 

Q: Will the company's exports be affected by the slowdown of the global economy?

A: In the late first quarter, the global purchase of activities cooled down and the price fell. Several factories have been operating far lower than the best capacity and may be further reduced. Considering the current trend, weak demand and the weak price emotions of the European and American markets, we expect export share to account for nearly 15%of total sales. With the improvement of global economic conditions, this number may increase. Our diversified product portfolio helps us cater to the domestic market, thereby minimizing the impact of the global economic slowdown. At the same time, we are developing new markets in countries such as South Korea, South America, the Middle East, and Australia, so we will not rely on any specific market.

 

Q: In view of the high production cost, India is competitive in the global market?

A: In the global trade environment, this is a billion US dollars. In India, the cost of capital and logistics is high and inefficient, which has damaged the competitiveness of various industries, including manufacturing. For some global participants, the situation is exactly the opposite. They have efficient waterway and land logistics, as well as mature energy and infrastructure frameworks. In addition, they also received government land subsidies. Having said that, Indian companies still have advantages in manufacturing capabilities. This is why Indian players are favored in the world's competition.

 

Q: How can your company open the export market at a low cost?

A: In a capital -intensive modern manufacturing environment like us, internal operational efficiency is equivalent to the best practice in the world. Although India lacks nickel reserves, domestic waste production is low, and logistics and capital costs are high, we are still competing with the world's largest producer in terms of quality and cost parameters. In fact, the challenges faced by the Indian industry have reduced the success rate of the "Indian Manufacturing" initiative by 8-10 %, which is also the basic reason for the government to initiate initiatives such as GATI Shakti (to reduce logistics costs).

 

Q: With the restart of China's economy, do you think more imported goods will flow into India?

A: China has the history of using its export capacity export subsidies, which has led to dumping in many countries. China's business practice has attracted global attention. In stainless steel and steel industries, many production countries impose tariffs on imported products in China and create a fair competition environment for domestic enterprises. India cannot be spared to be spared to the potential threats brought by China. However, it is optimistic that the Indian government will recognize and take appropriate measures to support the manufacturing industry and safeguard its interests. If there is no protection measures, more imported products will flow into India and seriously crack down on the local stainless steel industry. More importantly, as much as one -third of the consumption in fiscal 2013 is met by imports, and imports are mainly from China. From fiscal 2011 to fiscal year, imports from China and Indonesia increased significantly by 318%and 158%, respectively.

 

Q: How much does value -added products contribute to the overall sales? Is the price of stainless steel under pressure?

A: Most of our products are value -added products. The impact of imports makes us need to re -examine the product portfolio and diversify it to maintain our correlation. Over the past 25 years, the dominant position of home supplies as the consumption part has dropped from 80 %to 44 %, and other departments have become major consumers. The general lower import price has a negative impact on the overall market including the United States.

Q India: China's stainless steel imports increased by 500%

On June 13, the Indian Steel Ministry is studying whether it is necessary to impose countervailing duties or import duties on Chinese stainless steel shipped to India. As such, the department secretary was asked to prepare a "brief note" and "submit" it to Union Steel Minister Jyotiratiya Scindia.

 

The letter to the Minister of Steel has been sent from the office of the union minister. The note referred through the minister's PS to a statement by Rajamani Krishnamurti, President of the Stainless Steel Development Association of India, asking the official to review the matter.

 

The note, dated May 31 and reviewed by the Business newspaper, said: "Please review the matter and submit a short note for the careful reading of H.S. M (the Honourable Steel Minister) at the earliest opportunity."

 

Scindia had earlier said that the ministry had noted one or two specific cases where overcapacity in a country had been pushed here.

 

Raise concerns

 

The stainless steel industry - manufacturers and suppliers - has complained that Chinese imports have affected them for a long time. Two of India's largest stainless steel manufacturers, Jindal Stainless Steel and SAIL (which operates the Salem Steel Mill), have raised the matter with the Finance Ministry and the Steel Ministry.

 

The common thread of complaints is that Chinese imports - especially the 200 series, which are mainly used in consumer durables - have been eroding the share of Indian companies.

 

In a letter, SAIL referred to a survey conducted by the Directorate General of Trade Remedies (DGTR) and its recommendation on April 6, which mentioned that Chinese stainless steel products have caused the Indian stainless steel industry to lose 20-30% of its market share.

 

JSL said, "Of the 200 series products imported, about 50% are priced below the direct cost of Indian industry; And a third of the imported products are below the cost of raw materials in India."

 

According to the DGTR survey, since the suspension of CVD in February 2021, China's imports to India have surged to 44 per cent (on an annual basis). In the nine months of 2022, it was 49 percent (on an annualized basis).

 

ISSDA submission

 

In its report, ISSDA mentioned that China's steel imports to India are increasing after the CVD withdrawal, while the capacity utilization rate of Indian companies, including Msmes, is declining.

 

For example, from April 2017 to March 2020 (three years), capacity utilization was 49% and 61% for Msmes. During the period, China imported 83,828 tons. However, from April to December 2022, the annual capacity utilization rate of Indian factories was 33 percent, and that of Msmes was 41 percent, while imports from China increased 500 percent to 5,260,708 tons.

 

The association said in its report that Chinese imports accounted for 32.9% of the Indian market usage from 5.5% in 2017-2020.

Q Foreign media: Stainless steel mills may reduce production to boost prices

In the case of weak demand, as manufacturers try to reduce the impact of price declines, measures to reduce stainless steel production are expected to become more common.

 

After the purchase of procurement activities in the first quarter of the first quarter, the price fell, and MEPS lowered its global rough stainless steel output forecast throughout the year from 800,000 tons to 59 million tons in the previous quarter. This will increase by 6.8%over 2022 output.

 

Manufacturers are now exploring mechanisms that can be used to re -balance supply and demand, especially in Europe and Japan. A European factory has implemented temporary suspension, and other factories are expected to start to maintain interrupt or short -term working model. MEPS sources said that the production capacity of Japanese steel mills has been greatly lower than its maximum production capacity and may be further reduced.

 

Since July 2022, the euro zone manufacturing PMI has been lower than 50. Since November 2022, the same benchmark indicator in the United States has been less than 50. The US market is slightly higher than Europe. Its manufacturing purchasing manager index rose 0.8 points to 47.1 from April. EU numbers fell 1.5 points to 45.8, while the Chinese index fell 2.7 to 49.2.

 

In 2023, the EU stainless steel output MEPS forecast was reduced to 6.2 million tons. Despite the sharp decline since the end of 2022, EU energy costs are still at a historic high. Inflation and interest rates also remain high. The German economy officially entered a decline in May. These factors have a negative impact on stainless steel demand.

 

In this context, stainless steel inventory is high in the European supply chain. There is not much interest in buying a lot. The distributor is trying to sell the inventory purchased at the end of 2022 and early 2023. Sales that are not profitable have caused people to worry about the solvency of some enterprises.

 

Although the East Asian market is still sluggish, South Korea's annual forecast has been adjusted to 2.13 million tons. This is due to POSCO's steelmaking facilities restored to production, which was destroyed by Typhoon Hinnamnor in September 2022.

 

In China, the expected demand for the Lunar New Year holiday has not been realized so far. People have doubts about the country's economic recovery. In 2022, the construction area under construction decreased by more than 7%year -on -year. From the beginning of the year, as of the end of April, this number will still decrease by about 6% year -on -year. It is expected that China's GDP will still increase by 5.4% in 2023.

 

MEPS predicts that by 2023, the consumption of stainless steel in the United States will decline less than Europe. In the first quarter of 2023, imports in the United States fell 43%year -on -year. The decrease in competition is expected to increase the demand for domestic stainless steel.

Q Industrial chain || Jiusteel stainless steel, South Korea Pohang, heavy rain production, nickel, project construction and other steel enterprises and industry events

Australian Nickel plans to raise funds to expand the Excelsior nickel-cobalt project in Indonesia

 

Australia's Nickel Industries said on Friday it plans to raise A $943 million through a rights issue and has signed an agreement to reduce its investment in the Excelsior nickel-cobalt (ENC) project in Indonesia. The company will issue approximately 20% of its shares to PT Danusa Tambang Nusantara, a subsidiary of PT United Tractors Indonesia.


Jiusteel stainless 2507 dual-phase stainless steel production batch volume once increased by 160% compared to the previous period

 

On May 26, the lights in the cold rolling mill of Jiusteel Hongxing Stainless Steel Branch were bright, and the hot line area of the acid withdrawal area once again organized the production of 2507 duplex stainless steel, which was difficult to produce, and the production batch volume was 160% higher than that of the previous period, which was unprecedented. Finally, under the joint efforts of the staff in the hot line area of the acid retreat area, this batch of high-strength ultra-corrosion-resistant 2507 duplex stainless steel successfully completed production, and also created the largest amount of single production.

 

Zhongbo Building Materials cold-rolled sheet stainless steel project officially started construction

 

The project mainly relies on stainless steel raw materials produced by Inner Mongolia Jingan Nonferrous Metals Co., Ltd. for deep processing. Two cold-rolled sheet metal equipment will be installed, with an annual production of 50,000 tons of cold-rolled sheet stainless steel, of which 20,000 tons will be used to make stainless steel inlet pipe products and 30,000 tons will be used to make stainless steel coating products for the maintenance structure of the building.


Heavy rain affected the production of steel mills

 

According to the 24-hour rainfall statistics of the Central Meteorological Observatory, Beihai has become the country's largest rainfall place for two consecutive days, from 8 o 'clock on the 7th to 8 o 'clock today, the cumulative rainfall of up to 537 mm! According to the news, due to the impact of heavy rainfall, the local large state-owned stainless steel factory suffered power damage and the entire production line of equipment was suspended. At present, the steel mill is working fast to restore power, and it is expected that a steelmaking process can be resumed within today, and the recovery time of the whole line is expected to be about 5 days. However, there is news that the water has also caused some impact on the road, and currently transport has been affected.


POSCO launches new low-carbon steel products

 

South Korea's PoSCO launches its first low-carbon brand, Greenate Certified steel. Greenate certified steel can reduce carbon emissions in the production process by introducing low-carbon production technologies and using low-carbon iron materials, and POSCO will produce approximately 200,000 to 300,000 tons of new low-emission steel per year. From January to August last year, the mill began to increase the use of pellet steel and scrap steel in blast furnaces and converter furnaces respectively, reducing 590,000 tons of carbon emissions through the process, the company said.


Indonesia is running out of low-grade nickel

 

On June 7, 2023, Indonesia officially ran out of nickel stocks. The government has apparently discussed the possibility of taking action against low-grade nickel smelters. The EU falls far short of its own green steel standards and has made no progress on renewable energy and green hydrogen. China still needs a lot of high-grade nickel. Labour costs will soon be the biggest cost factor in the mining industry.

Q The Indian government will soon impose tariffs on China's stainless steel

Comprehensive foreign media news on June 5, sources said that the Indian government may soon impose tariffs on imported stainless steel tablets.

 

They said that the Director -General of the Trade Relief (DGTR) has submitted a suggestion to see a 19%counter -subsidy tax on all imported stainless steel flat products, and the latter is expected to make a final decision and issue a formal notice.

 

The import of stainless steel flat products has been imposed by 19%of tariffs, but this was revoked in the national budget from 2021-2022.

 

Last month, the Indian Iron and Steel Administration Co., Ltd. and Jintalai Stainless Steel Co., Ltd. fought to the Indian government. Essence

 

Two domestic manufacturers pointed out that such as Brazil, Malaysia, Mexico, South Korea, Taiwan, Thailand, the United States, Vietnam, and EU countries have imposed tariffs on stainless steel plates imported from China. Some of them have taken effect since 2013. Taxes should also be restored to ensure the fair competition environment of domestic manufacturers.

Q Yongjin Terminate Investment in Indonesia's Stainless Steel Project

Yongjin Co., Ltd. issued an announcement of Zhejiang Yongjin Metal Technology Co., Ltd. on the termination of the investment in Indonesia and the progress of foreign investment.

 

Zhejiang Yongjin Metal Technology Co., Ltd. (hereinafter referred to as "Company") held the 13th meeting of the Fifth Board of Directors on January 11, 2022 and February 9, 2022, respectively. , Review and approve Zhejiang Qingzhan Industrial Co., Ltd. (hereinafter referred to as "Youth Show Industry"), a company with the then affiliated parties, jointly invested in the establishment of Golden Metal Technology (Indonesia) Co., Ltd. (hereinafter referred to as "project company") in Indonesia, and the construction year Processing 700,000 tons of wide -width cold -rolled stainless steel plate projects. For details, please refer to the "Announcement on the Establishment of Holding Subsiders and Related Transactions" disclosed by the company on January 13, 2022 (announcement number: 2022-012).

 

On October 4, 2022, the project company completed the industrial and commercial registration procedures in Indonesia. As of now, the project has not yet started. Due to factors such as industrial policies, trade policies, and market demand, after negotiation with the joint venture of the joint venture, the two parties jointly decided to terminate the investment in the project and agree to cancel the project company.

 

On June 1, 2023, the company intends to terminate investment construction projects in Indonesia with the 38th meeting of the company's 5th board of directors, and agree to cancel relevant project companies, and authorize the company to operate follow -up related procedures.

 

Yingjin said that the company's investment agreement signed in the early stage has been negotiated with the agreement of the agreement. The follow -up layer will determine the specific termination method according to the actual situation.

 

After the establishment of an Indonesian investment project proposed by the company, after the establishment of the project company, it has not carried out substantial business activities, and the cancellation of the project company will not have a significant impact on the company.


Given that the project has not been implemented in detail and did not invest in actual investment, the termination of Indonesian project investment will not have a significant impact on the company's financial conditions and operating results. There are no situations that harm the interests of the company and all shareholders.

Q Although 70%of the amount of nickel flows to stainless steel, Indonesia releases another potential of nickel

Comprehensive media news on May 30, 2023, Indonesia's economic development strategy is leading the export of commodities, from nickel to coal to gold and copper.

 

Indonesia prohibits ore exports, especially nickel ore, and the government actively persuades foreign investment to invest in processing plants and smelting plants. This measure increases the value of the country's commodity reserves.

 

Although 70%of the amount of nickel flows to the stainless steel industry, the production needs of electric vehicle (EV) batteries are also growing. By 2030, the demand for batteries is expected to account for one -third of the total nickel demand, especially when countries around the world seek to reduce carbon emissions and achieve net zero emissions goals.

 

Therefore, Indonesia realized that it provided huge economic opportunities and was committed to improving the production capacity of electric vehicle supply chains and became an electric vehicle battery production center.

 

01. Nickel reserves in Indonesia

 

Indonesia has the world's largest nickel reserves, and it is estimated to have 21 million tons, accounting for about 22%of global reserves. The country is also the world's largest metal producer with an output of 1 million tons in 2021.

Australia has the second largest nickel reserves, about 20 million tons, accounting for 21%of the global share. However, the country only produced 160,000 tons of metal in 2021.

Brazil's nickel reserves are estimated to be 16 million tons, but the output in 2021 is about 100,000 tons.

 

02. Nickel ban in Indonesia

 

Indonesia prohibits the export of nickel ore for the first time in 2014, and requires manufacturers to purify the original nickel before exporting to Indonesia.

 

After the 2016 budget deficit and nickel production decreased, the government partially relaxed the ban in 2017 and plans to implement it in 2022. At that time, Indonesia built nine new nickel smelters.

 

In the end, the government will advance the ban until January 2020.

 

Mainly because foreign investors from China began to invest in the Indonesian nickel supply chain, especially the construction of the smelting plant -the target of the Indonesian Ministry of Energy and Mineral Resources was to have 30 smelters by the end of 2023. This is an ambitious goal -in 2016, there were only two smelting factories in Indonesia, and the current number was 15.

 

The export of nickels in Indonesia is expected to reach US $ 30 billion in 2022, a significant increase from US $ 1 billion in 2015. It is expected that by 2025, China will account for half of the global nickel production increase.

 

However, the ban on nickel ore prompted the EU to appeal to the World Trade Organization (WTO) in 2019, which believes that the Indonesian ban has unfairly damaged the EU's stainless steel industry. In November 2022, the World Trade Organization made a ruling conducive to the European Union because the ban in Jakarta did not meet the global trade rules. Indonesia appealed to the ruling.

 

The ruling of the WTO constitutes a direct challenge for Indonesia to ensure that its mineral raw materials are processed in China. The government has not announced the next strategy of failure to appeal, but it does not rule out the possibility of levying a heavy tax on the export of nickel materials.

 

By 2023, the Indonesian government is determined to expand raw ore export bans aluminum ore ore will be banned in June 2023.

 

03. Electric vehicle battery supply chain

 

Indonesia's nickel reserves make the country an indispensable member of the global electric vehicle industry. The country's goal is to become a global electric vehicle center. Indonesian Maritime and Investment Minister Luhut Binsar Pandjaitan said that global electric vehicle manufacturers, including Tesla and China BYD (BYD), are said to be finalizing investment Indonesia transactions. Indonesia's goal is to become one of the world's three major electric vehicle battery production countries by 2027.

 

In addition, in order to supplement its nickel -based battery industry, the country is still developing lithium refinery and anode material production facilities. Historically, Indonesia's nickel smelling factory produces grades 2 nickel (nickel/raw iron), while battery cathode production requires at least 99.8%of nickel -level nickel containing at least 99.8%.

 

Indonesia with a population of 278 million also provides opportunities for electric vehicles to sell from motorcycles to cars. The huge challenges and opportunities faced by investors include consumer tolerance and the lack of public charging infrastructure. The government has an ambitious goal, with 2.5 million electric vehicle users by 2025.


The main foreign investment highlights of Indonesia nickel industry

 

In the three years after the implementation of the nickel export ban, Indonesia has signed a battery production agreement worth more than $ 15 billion with transnational companies such as Hyundai and LG. According to rumors, Tesla also plans to expand in Indonesia.


2020

Germany BSAF signed an agreement with French Eramet Mining Corporation to develop a nickel and cobalt wet metallurgical refinery, including a high -pressure acid immersion (HPAL) factory. This $ 2.6 billion cooperation is expected to be completed by the end of 2023.

Also in 2020, the Indonesian Investment Department and LG signed a memorandum of understanding of $ 9.8 billion to invest in the entire electric vehicle supply chain for LG energy solutions.


2021

LG Energy and Hyundai Automobile Group are developing the first battery factory in Indonesia with investment worth $ 1.1 billion. The facility is expected to have a capacity of 10 GWH (GWH).


2022

 

The Indonesian Investment Department signed a memorandum of understanding with Foxconn, Gogoro Inc, IBC and IndiKa Energy on battery manufacturing, electric vehicles and related industries.

 

Zhejiang Huayou Cobalt, Qingshan Holdings Group and China Molybdenum Corporation completed the first batch of nickel mixed hydroxide precipitations from the largest nickel machining center in South Solaweis, Indonesia.

 

Indonesia's State -owned Mining Corporation Aneka Tambang signed a framework agreement with Catl Group, China's largest battery manufacturer, to cooperate in electric vehicle manufacturing, battery recycling and nickel mining mining.

 

LG Energy launched a 3.5 billion US dollar smelter in Central Java. The smelting plant will be able to produce 150,000 tons of nickel sulfate per year.

 

Tamsui River Valley Indonesian Corporation and Zhejiang Huayou Cobalt Corporation and Ford Motor Corporation signed an agreement to build a hydroxide precipitation (MHP) factory in the southeast of Surawishi Province. The factory will have the ability to produce 120,000 tons of hydroxide. Tamsui River Valley Indonesian Corporation and Zhejiang Huayou Cobalt Company also agreed to build a factory with a production capacity of 60,000 tons in MHP.

Q Industry Chain || Baoxin, Indonesia, Disasel, Indonesia's Forbidden Mine, Stainless Steel Imports and other steel companies and industry events

Russia's stainless steel imports increase again in April

 

Comprehensive media news on May 29, 2023, according to statistics released by Russian Special Steel and Alloy Consumers and Supplier Associations (SPETSSTAL Association), Russia imported about 52,000 tons of stainless steel in April this year, which has increased compared to last month. 29%. Among them, the import of cold -rolled stainless steel increased by 40%month -on -month, and the import of hot -rolled stainless steel increased by 54%month -on -month. More than 95%of Russia's stainless steel imports come from China, Indonesia and India.
Baoxin successfully developed a automotive steel self -integrated thin material winding equipment

 

Recently, Ningbo Baoxin Stainless Steel Co., Ltd. has successfully developed a heavy -duty equipment. The equipment is convenient and highly accurate. Tons (40 volumes) 430 steel species with 0.03mm thick products have obtained the user's high recognition and continuous orders, and recently successfully expanded the ability to widen with a thickness of 0.05mm thickness.

 

Italian ACCIAI Speciali Terni discontinued production again in May

 

The Italian stainless steel manufacturer Acciai Speciali Terni (AST) announced that due to the downturn, it was decided to discontinue all the rolling lines of the central Italian factories from May 25, which was discontinued this month. At the BIR conference held by Amsterdam, it is expected that the main stainless steel market area is expected to have a downturn, but the Middle East is expected to grow. AST has two arc furnaces with an annual total production capacity of 1.4 million tons. In 2022, the company's crude steel output was 1 million tons.

 

Indonesia's prohibition of original ore export policies will take effect on June 10

 

The Indonesian Minister of Energy and Mineral Resources (ESDM) Alfen Dasleyf has determined that the prohibition of the original mining export policy will take effect on June 10 this year. However, the policy is not suitable for 5 companies that are still allowed to export. Agreement has been reached on the prohibition of the original mine export policy, and even discussed with Congress. In addition, the government has also promulgated the "Regulations on the Delay and Export Time to the Construction of Metal Mineral Refining Facilities and the Export Time to Export, still implement the administrative fine guidelines in accordance with statutory regulations and punish the enterprise."


China Nuclear Power Research and Design Institute: Research Statue of the Research Statue of 316L Stainless Steel Powder Material Manufacturing

 

The research team of China Nuclear Power Research and Design Institute published the article "Research Statue of the Research Statue of the Research Statue of the Research on the Research on the Research Statue of the Research Statue of the Research on the Research on the Research Statue of the Research on the Research on the Research of the Nuclear Power 316L stainless steel powder. Performance, as well as index requirements for nuclear power 316L stainless steel.


At present, the preparation process of 316L stainless steel powder is mainly atomized. The materialization performance of the powder is affected by the preparation of the powder process parameters. Among the laser powder melting additive manufacturing technology, electronic beam constituency melting technology, and plasma additive manufacturing technology, the application of stainless steel with laser powder bed melting materials is the most widely used. The tissue and performance of the 316L stainless steel in the additive manufacturing 316L, but the opposite sex can be eliminated by the post -processing technology of the additive. At present, the most commonly used post -processing technology of additive manufacturing is heat treatment.

Q The completion ceremony of the completion of the completion of the completion of the completion and production of Changzhou Shengde Xintai

On May 27, the completion ceremony of the Super Stainless Steel Project of Shengdexin Tai New Materials Co., Ltd. was held in Zhonglou District. The district chief Li Chaoyi, the district party committee member, the secretary of the party committee of the Zou District town, and the director of the High -tech Park Management Office Wan Jianxin, the district party committee member and deputy district chief Wang Xufeng, and the deputy district chief Wu Wei attended the event.

 

It is understood that Shengdexin Tai New Materials Co., Ltd. is a high -tech enterprise specializing in stainless steel pipes, special steel pipes, and seamless steel pipes. It has 5 invention patents and 72 practical new patents. The total investment of Shengde Xintai Super Stainless Steel Project was 300 million yuan, and a total of 31 large -scale production equipment was added.


After the completion of the project, it can form a production capacity of 40,000 tons of stainless steel and alloy steel high -quality seamless steel pipe products, and the new sales revenue is 1 billion yuan. The super -special stainless steel and alloy steels produced by the project are widely used in super critical boilers, modern scientific research, production, and life. The related products of the project will fill the domestic gap.


In recent years, the Zhonglou District has fully implemented the city's "532" development strategy and the construction requirements of the "two lakes" innovation zone. The activity, "Getting on the ground" as the main direction, made every effort to promote the reform of the "recruitment" of major projects, and the "double entry" achievements of the project. In the first quarter of this year, the Yuxing film project achieved the "construction of land" and set the fastest record with "30 hours". All major provincial projects were started. The two major projects of Shuanghuan thermal workers, Huafeng Machinery, and Jeter Plastic Industry were newly added. The target completion rate of the warehouse ranked third in the city. In the next step, the Zhonglou District will gradually form a normalized promotion model of "landing is to start" in all land use projects, and keep an eye on key nodes such as the completion of the main body and completion acceptance. Make every effort to promote the project.

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