NEWS
In general, the situation in the industry has revived somewhat in recent months
In January-October this year, Chinese steelmakers reduced their total losses to about 23 billion yuan ($3 billion) compared to 34 billion yuan in the first 9 months of the year.
At the same time, overcapacity and the impact of the real estate crisis in China on demand still make the steel industry one of the worst performing sectors of the economy.
The announced economic stimulus and government efforts helped to increase production in the steel industry and boost prices in October this year.
Overall, the sector has revived over the past couple of months, helped by near-record exports and low inventories. Production also seems to have continued to grow until November, despite the onset of the low season, when activity usually declines.
However, favorable conditions may not last long. With the colder weather, construction in the country will slow down, increased global protectionism is likely to curb exports, and Beijing’s incentives are not aimed at those sectors of the economy that are most important to the steel market, such as housing construction or large-scale infrastructure.
In general, the total profit of large industrial enterprises of Chinese companies in January-October 2024 decreased by 4.3% compared to the same period last year – to 5.868 trillion yuan ($809 billion).
In October 2024, China’s steelmaking companies increased steel production by 6.2% compared to the previous month and by 2.9% compared to October 2023, to 81.88 million tons. Over 10 months, this figure decreased by 3% compared to the same period last year to 850.73 million tons.
Classification of stainless steel pipes1. Classification by production method:
(1) Seamless tubes - cold drawn tubes, extruded tubes, cold rolled tubes.
(2) Welded pipe:
(a) Classification by process - gas shielded welded pipe, arc welded pipe, resistance welded pipe (high frequency, low frequency).
(b) According to welding seam - straight seam welded pipe, spiral welded pipe.
2. Classification according to cross-sectional shape: (1) circular steel pipe; (2) rectangular pipe.
Spiral steel pipe stacking requirements1. The principle requirement for stacking spiral steel pipes is to stack them according to types and specifications on the premise of ensuring stable stacking and ensuring safety. Different types of materials should be stacked separately to prevent confusion and mutual erosion;
Difference Between Straight Seam Steel Pipe and Spiral Steel Pipe
Advantages of Using Carbon Steel in ConstructionSteel is an alloy metal, which means it’s a combination of several types of elements. In the case of steel, this is a combination of iron, carbon, and trace elements. It has a number of advantages for construction applications due to the fact that it’s fairly inexpensive to manufacture and has a very high tensile strength.
What determines the type of steel is the ratio of elements used to produce it, and it’s the magic formula of the carbon steel alloy created that makes it preferred for many projects. While there are thousands of different types of steel, these types are generally bucketed into four categories: carbon steel, alloy steel, stainless steel, and tool steel.- Anti-corrosion steel pipe classificationPN8710 anti-corrosion
When there are many types of corrosive media in steel pipes, such as acids, alkalis, salts, oxidants and water vapor, the coating must be chemically inert and resistant to acid, alkali and salt corrosion. The coating film should have a dense structure, good waterproof permeability and strong adhesion. , tough and plump. In this case, IPN8710 anti-corrosion is suitable. 
Global crude steel production fell 4.3% year-on-year in MarchOn April 23, the World Steel Association (WSA) released global crude steel production data for March. In March, crude steel output in the world's 71 countries and regions included in the statistics was 161.2 million tons, a year-on-year decrease of 4.3%. In the first quarter of this year, crude steel output in the world's 71 countries and regions included in the statistics was 469 million tons, a year-on-year increase of 0.5%.
