Posts

Nippon Steel stainless steel launched a unified "nssts" stainless steel trademark

Image
Nippon Steel Stainless Steel Co., Ltd. has set up "nssts" (Nippon Steel Stainless Series) as its exclusive brand of steel specification stainless steel series products. The original "NSSC" series developed by Nippon Steel Sumitomo Co., Ltd., the "NSS" series developed by Nippon Steel, the "nssmc-nar" series stainless steel products developed by Nippon Steel Sumitomo Co., Ltd. and the exclusive stainless steel products developed by the newly established Nippon Steel Co., Ltd. after integration will be produced and sold with the new trademark of "nssts" in the future.

POSCO achieved operating profit of more than 1 trillion won for 9 consecutive quarters

Image
As of the end of the third quarter of 2019, POSCO has made more than 1 trillion won in operating profit for nine consecutive quarters. POSCO announced in a conference call on October 24 that the comprehensive operating revenue in the third quarter was 15988.2 billion won, the operating profit was 1039.8 billion won and the net profit was 496.8 billion won. Although the operating profit of the current quarter is lower than that of the previous quarter, the overall performance remains unchanged, which is mainly due to the better performance of POSCO International's natural gas well business in Myanmar, as well as the energy income brought by the improvement of construction progress and the increase in electricity price of the POSCO e & C project. In the third quarter, POSCO's non consolidated sales revenue was 7735.9 billion won, operating profit was 662.5 billion won, and net profit was 499 billion won. After some production lines were overhauled in the second quarter, ...

Stainless steel sales in India's JSHL first quarter of fiscal year 2019/2020 fell by approximately 10.9%

Image
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...

US steel to acquire 49.9% stake in Dahe steel

Image
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...

Mexico's preliminary tax on anti-dumping investigation of cold rolled stainless steel plate of China

Image
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.

Do you know the production method of Stainless Steel Clad Plate?

Image
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...

How much do you know about Stainless Steel Plate?

Image
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 ...