In 2020, China achieved major strategic achievements in the fight against COVID-19. In the second quarter of that year, China’s economy began to recover rapidly and gradually returned to its pre-pandemic growth rate. In particular, infrastructure investment significantly increased China’s consumption of Gi square steel pipe. In that ...

Promoting ability of the industrial chain, supply chain of welded steel pipe, iron, manganese, chromium will markedly enhance its capability of mineral resources, including iron metal domestic rate reached more than 45%, an annual output of 300 million tons of scrap steel resources to domestic, make one or two with global influence and the marke...

The average price of imported iron ore in August was $207.59 per ton, according to the General Administration of Customs. The average price of imported iron ore from January to August was $178.25 / ton. In August, imported black steel pipe 1.063 million tons, down 52.5% year on year, up 1.3% month on month; From January to August, the total impo...

As we all know, the iron and steel industry is the foundation of national industry, iron ore is the main raw material of the black steel pipe industry. At present, China’s foreign iron ore degree of dependency has reached above 80%, which is the soft and risk point of our iron and steel industry development. For some time, iron ore has bee...

Production decline led to the decline in steel pipe prices, steel cost pressure has slowed. In August, steel production cuts also reduced iron ore consumption, and under the continued effect of the policy, iron ore decline expectations have been strengthened, making the iron ore price from July straight decline, by the end of August has fallen b...