Foshan Kun Liu Sheng Composite Material Co.,Ltd

The independent performance report released by India's Jindal stainless steel (Hisal) Co., Ltd. (JSHL) shows that as of June 30, 2019, the first quarter of fiscal year 2019/2020, despite poor market demand, its performance remained stable overall. The output of stainless steel crude steel in the quarter was 160,291 tons, which was approximately the same as the same period of last year. The sales volume of stainless steel was 151,873 tons, which was a decrease of nearly 10.9% compared with 170,422 tons in the same period of the previous year. The gross operating profit (EBITDA) decreased by approximately 6% year-on-year to Rs.214.728 billion, and increased by approximately 9.2% month-on-month to Rs. 2.37 billion, and the after-tax profit increased by approximately 28.1% and 5.8% year-on-year to Rs. 840 million. During this period, sales of its specialty products, such as blade steel, precision belts, and coin steel, increased by nearly 6%. Demand for stainless steel from rail...

U.S. steel will acquire a 49.9% stake in big river steel, which operates a coated flat steel plant in Osceola, Arkansas. David B. Burritt, President and CEO of American Steel Company commented: "our new cooperation with Dahe iron and steel company aims to combine the production capacity of United Steel Plant and mini mill iron and steel, and accelerate the" two wins "strategy we provide to our customers. Dahe iron and Steel Co., Ltd. operates the most advanced and sustainable steel plant in North America. Our investment will eventually strengthen the company's competitive position in the highly strategic steel terminal market and create unparalleled value for its shareholders. "According to the announcement of an American steel company, the transaction value is estimated to be 700 million US dollars, and the expansion of Dahe steel company is expected to invest 2.325 billion US dollars. U.S. steel companies are likely to acquire the remaining 50.1% stake in D...

On November 21, 2019, Mexico's Ministry of Economy issued a preliminary anti-dumping investigation on China's cold-rolled stainless steel plates, and decided to impose a temporary anti-dumping duty of 88.42-121.46% on the products originated in China. The tariff numbers of the products involved in the case are 7219.34.017219.35.017220.20.029802.00.019802.00.029802.00.039802.00.079802.00.109802.00.13 and 9802.00.19.

Stainless Steel Clad Plate  is a composite plate steel plate combined with a carbon steel base layer and a stainless steel coating. Its main feature is the strong metallurgical combination of carbon steel and stainless steel. It can perform various processes such as hot pressing, cold bending, cutting, welding, etc., and has good process performance. It is used in petroleum, chemical industry, the salt industry and food processing. Its main features are corrosion resistance and low cost. The production method is to place stainless steel plates on the carbon steel substrate. The base material of the stainless steel composite plate can use various ordinary carbon steels and special steels such as Q235B, Q345R, 20R. The coating material can use various grades of stainless steel such as 304, 316L, 1Cr13 and duplex stainless steel. The material and thickness can be freely combined to meet the needs of different users. Stainless steel composite plate not only has the corrosion resistanc...

Stainless Steel Plate  has a smooth surface with high plasticity, toughness and mechanical strength, and is resistant to corrosion by acids, alkaline gases, solutions and other media. It is an alloy steel that is not easily rusted, but it is not absolutely rust-free. The stainless steel plate refers to a steel plate that is resistant to corrosion by weak media such as atmosphere, steam, and water, and the acid-resistant steel plate refers to a steel plate that is resistant to corrosion by chemical etching agents such as acid, alkali, and salt. Stainless steel plates have been around since the beginning of the 20th century and have a history of more than a century. Stainless Steel Plate Stainless steel sheets are generally a general term for stainless steel sheets and acid-resistant steel sheets. At the beginning of this century, the development of stainless steel plates laid an important material and technical foundation for the development of modern industry and scientific ...

Japan's three biggest steelmakers cut their annual profit forecasts this month. The reason is that the reduction of overseas automobile demand and the slowdown of the domestic manufacturing industry lead to a decrease in steel price and the decrease in steel profit margin. As a result, the three major steel enterprises cut production. Nippon Steel, Japan's largest steelmaker, cut its profit forecast for the fiscal year ending March 31, 2020, to Y100bn ($917m), a 33% drop. The company previously announced a 54% drop in profits between April and September. In the context of the Asian market downturn, the profit margin of steel has shrunk, and the rise in the purchasing cost of Japanese manufacturing customers and the slowdown in exports has also reduced the profit margin, said Miyamoto Shenghong, executive vice president of Nippon Steel On Tuesday, JFE, Japan's second-largest steelmaker, cut its annual profit forecast by 57% to Y60 billion (about $550 million). The rea...