Foshan Kun Liu Sheng Composite Material Co.,Ltd

Recently, Huale alloy introduced its corrosion-resistant material Q18-1. According to 51bxg, this material belongs to the corrosion-resistant new material of Huale alloy 200 series material. It is mainly used as stainless steel color coating base material, suitable for external decoration fields such as stainless steel roofing tile. This material has better corrosion resistance and strength than the conventional 200 series circulation material. When used in outdoor decorative color coating substrate, it can achieve the effect of thinning, thus reducing the cost of stainless steel.

On June 17, 2019, the Australian Anti-Dumping Commission issued Announcement No. 2019/81 that it decided to terminate the anti-dumping investigation of the imported solid base Angle from China in response to the application for cancellation of the investigation filed by the Australian enterprise Galintel Pty Ltd. On February 26, 2019, the Australian Anti-Dumping Commission issued Announcement No. 2019/26, stating that an anti-dumping investigation on angle steel imported from China should be initiated in response to the application of Galintel Pty Ltd, an Australian enterprise.

According to South Korean media reports, Busan has suspended investment approval for GTS joint ventures. The report further said that, more accurately, the memorandum of understanding between Busan, Jishan Group and Chinese enterprises was extended. GTS is a 50%-50% joint venture cold rolling plant of stainless steel between Jishan Group of Korea and China Steel Company. Since the investment plan was disclosed by the media, the local stainless steel enterprises in Korea have paid great attention to the project. During the period, opposition to the construction of the project continued, and even triggered protests, in order to request the government to stop the approval of the project. Local fears that the construction of the project will increase the pressure of domestic oversupply and competition with other cold rolling enterprises have led to an increase in the unemployment rate, which has a negative impact on the national economy. Jishan Group of Korea, one of t...

On June 5, local time, under the joint witness of Chinese President Xi Jinping and Russian President Putin, Chairman Yu Jianfeng of China Nuclear Group and General Manager of Russian National Atomic Energy Corporation Lihachev exchanged the text of "General Contract of Xudabao Unit 3 and 4" signed in Moscow. Up to now, the total contract of four new nuclear power units has been signed, and the largest nuclear energy cooperation project between China and Russia has entered the stage of full implementation. On June 8, 2018, also witnessed by the two heads of state, China Nuclear Group and Russia National Atomic Energy Corporation signed the "Tianwan Nuclear Power Station Unit 7 and 8 Framework Contract" and "Xudabao Nuclear Power Station Framework Contract". In early 2019, the two sides completed the signing of the General Contract for Units 7 and 8 of Tianwan Nuclear Power Station. The Tianwan Units 7 and 8 and Xudabao Units 3 and 4, which will...

Yelian, a leading stainless steel manufacturer in upstream Taiwan, announced on May 30 that its domestic and foreign stainless steel disc prices remained unchanged in June 2019. Although the average nickel price in May was lower than that in April, the depreciation of the NT dollar resulted in a considerable increase in the cost of imported raw materials. At present, the overall market demand is not strong but has little change. The price of stainless steel is at a low level, and the market inventory is on the low side. The market is expected to gradually stabilize in the future.

China plans to build a stainless steel cold rolling plant in South Korea, and South Korea's stainless steel industry calls for the withdrawal of investment review. Recently, the media quoted South Korean media reports that Chinese enterprises planned to build 600,000 tons of stainless steel cold rolling plant in South Korea, saying that they had submitted a letter of intent to invest to Pusan, South Korea, which was examining whether to approve the permit. It has been reported that the stainless steel cold rolling plant uses 50% - 50% of the proportion of joint venture construction. South Korean media reported that local steel companies and associations appealed to the authorities to withdraw their investment plans to attract foreign investment. Stainless steel producers said they should withdraw indiscriminate plans to attract foreign investment. If production bases were established in South Korea, the domestic stainless steel cold rolling industry would fail and the ...

It is understood that POSCO, South Korea's largest steelmaker, has sought import assistance from Mexico after failing to persuade the United States to lift its steel quota restrictions. According to the Korean steel giant, the company has asked the Mexican government to continue raising its import quota for cold-rolled steel sheets for automobiles over the next five years. Specifically, POSCO requires import quotas to increase from 547,500 tons this year to 585,000 tons next year, 606,000 tons in 2021, 633,000 tons in 2022 and 677,000 tons in 2023. In addition, Hyundai Steel, a Korean steelmaker, has made similar requests. The Mexican government is expected to respond within this year. The move follows Washington's announcement to lift a year-long steel and aluminum tariff on Mexico and Canada while maintaining quota restrictions on South Korean steel. To avoid imposing a 25% steel tariff from the United States, South Korea must keep its shipments below 70% of its annu...

Indonesia's Delong Stainless Steel Project will be put into operation in 2019. Up to now, 12 RKEF submerged arc furnaces have been put into operation successfully. The 13th RKEF submerged arc furnace began to bake on May 17. It is expected that iron will be discharged by the end of May, and the monthly production of nickel metal will reach 7 800 tons. The 14th and 15th RKEF submerged arc furnaces are expected to be put into operation from July to August 2019, when the monthly output of Indonesian Delong ferronickel can reach 9,000 nickel metal tons. According to 51bxg, the monthly output of Indonesia's Delong ferronickel project is 9,000 tons, which can meet the demand of 304 stainless steel steelmaking with a monthly output of 112,000 tons. It is understood that the construction scale of Indonesian Dragon is 3 million tons. According to the current production capacity of ferronickel, we estimate that it can meet the production of about 1.5 million tons of stainles...

On May 14, Ukraine's State News Agency quoted the Ministry of Economy and Trade as saying that Ukraine's Inter-Sectoral International Trade Commission decided to conduct an anti-dumping investigation on hot-rolled seamless steel pipes imported from China. Domestic manufacturers complained to the Ministry of Economy and Trade that the price of hot rolled seamless steel tubes imported from China was lower than that of similar products imported from domestic manufacturers between 2015 and 2018. The price of imports in 2018 is lower than that of domestic production costs. Meanwhile, imports of hot-rolled seamless steel tubes from China in 2018 increased by 356% compared with 2015. In the opinion of the International Trade Commission, domestic manufacturers have provided sufficient evidence to prove the existence of dumping prices for hot-rolled seamless steel tubes imported into Ukraine from China. Therefore, the cross-sectoral committee decided to conduct an anti-dumping ...