NEWS
Despite the weakening market, prices remain 3-3.3% higher compared to the end of 2024
There were fluctuations in the iron ore market in February, with prices reaching their highest level since July 2024 by mid-month, but the trend was not long-lasting, with May futures on the Dalian Exchange falling to $109.72/t as of February 28 and March futures on the Singapore Exchange – to $103.65/t. Despite this, prices still remain 3-3.2% higher compared to the end of 2024.
The beginning of February was characterized by predominantly stable iron ore prices, with minor fluctuations.
The situation escalated after US President Donald Trump announced new 25% duties on steel and aluminum, which led to a wave of protectionist measures around the world.
Poor weather conditions in Australia temporarily affected exports of raw materials, leading to a short-term reduction in supply on the market. However, increased exports from Brazil and Australia in the second half of the month partially offset this deficit.
Despite the current pressure, the situation may improve in March. The main support factor may be the start of the spring construction season in China, which usually stimulates demand for steel and, consequently, for iron ore.
However, there remains a risk of further escalation of trade disputes, which may restrain market growth.
Overall, the situation on the iron ore market in February 2025 was characterized by high volatility. Although demand in China showed signs of stabilization, trade restrictions and increased ore supplies put pressure on prices.
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%.
