Leading steel manufacturer BSRM Steels Limited has decided to launch its new mill's commercial operation on 1 January next year. Source: The Business Standard Read more: https://lnkd.in/gkDbUp-J #bsrm #steelmanufacturer #industryupdate #industryinsights #businessnews #businessupdate #businessbrillianz
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Domestic raw steel production reached 1,701,000 net tons last week, according to AISI. The US mill capacity utilization rate is currently at 76.6%, a slight dip from the previous week and a larger 3.8% decline from last year at this time. Stay informed on the steel industry with #TrinityProducts #steel #steeleconomy
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Duplex Steel material Duplex material is a type of stainless steel that is a combination of austenitic and ferritic stainless steels. The name comes from its two-phase microstructure, which is made up of roughly equal parts of austenite and ferrite. Duplex stainless steel has many benefits, including: Strength Duplex stainless steel is about twice as strong as common austenitic stainless steels. Corrosion resistance Duplex stainless steel has excellent resistance to corrosion and cracking. Weldability Duplex stainless steel is generally weldable using most of the same methods as austenitic stainless steels. Other properties Duplex stainless steel also has good abrasion and erosion resistance, good fatigue resistance, and low thermal expansion. Duplex stainless steel is used in a variety of applications, including: Pressure vessels Reactor tanks Heat exchangers Desalination plants Water transmission pipes Rotors, impellers, and shafts Stock washers Absorber towers Food, oil, and gas Mining There are different grades of duplex stainless steel, including standard, super, and hyper duplex. The grades are divided based on the alloying content. MANAN STEEL AND METALS www.manansteel.com manansteel@gmail.com 9819876962
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Growth Drivers in the Aluminum Extrusion Market ! The global aluminum extrusion market is projected to reach $118.7 billion by 2027, driven by the demand for lightweight, durable products across sectors. Its high strength-to-weight ratio and corrosion resistance make aluminum ideal for #construction, #automotive, and #electrical applications. Aluminum Extrusion Market Segmentation: By END USER #Buildingandconstruction #Electricalandelectronics #Automotiveandtransportation #Industrial #Others By PRODUCT Mill-finished Anodized Powder coated Explore more information: https://lnkd.in/dBti2Wf6 Key Market Players ALUPCO® (Aluminium Products Company) Jindal Aluminium Limited CENTURY EXTRUSIONS LIMITED Hindalco Industries Limited Galco Group Pty Ltd Kaiser Aluminum BAHRAIN ALUMINIUM EXTRUSION CO. (BALEXCO) B.S.C #AMR #AluminumExtrusion #ConstructionIndustry #LightweightMaterials #CorrosionResistance #ElectricalIndustry #SustainableManufacturing #IndustryTrends #Innovation #DurableProducts #ManufacturingExcellence
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𝙂𝙖𝙡𝙫𝙖𝙣𝙞𝙯𝙞𝙣𝙜 𝙈𝙖𝙧𝙠𝙚𝙩 -IndustryARC™ 🔗 𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://lnkd.in/grFmXWrt #Galvanized #steel is a corrosion-resistant material created by immersing steel in a bath of molten zinc. This process forms a metallurgical bond between the #zinc coating and the steel substrate, offering durable protection against rust and corrosion. The steel is thoroughly cleaned and pre-treated before immersion, ensuring proper adhesion of the zinc layer. Hot-dip galvanizing provides a uniform coating thickness, promoting longevity and reducing maintenance costs. This method is commonly employed to safeguard steel structures, such as #buildings, #bridges, and #pipelines, in various industries. 🔗 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/gJpDAQRP ➡️ 𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 : AZZ Galvanizing | AZZ Inc | Heidtman Steel Company | Zamil Steel Holding Company Limited | South Atlantic, LLC | AM/NS Calvert | TSSC Co. LLC | NLMK USA | Acciaieria Arvedi S.p.A. | Kandil Steel | Jindal Industries Pvt. Ltd. | Puyat Steel Corporation ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) 👉 🔗 https://lnkd.in/gWB22-qi
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US steel capacity falls below 74% By AlanPatrickRyan Dec. 3, 2024 US raw steel production was 1,638,000 net tons in the week ended Nov. 30, 2024 while the capability utilization was 73.8%, according to the AISI. Production was down 2.9% from the same week in 2023 and was down 1% from the previous week in 2024. Adjusted year-to-date production through Nov. 30, 2024 was 80,517,000 net tons at a capability utilization of 75.8%. That was down 2.3% from the 82,422,000 net tons during the same 2023 period when the capability utilization rate was 76.1%.
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𝙂𝙖𝙡𝙫𝙖𝙣𝙞𝙯𝙞𝙣𝙜 𝙈𝙖𝙧𝙠𝙚𝙩 -IndustryARC™ 🔗 𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://lnkd.in/grFmXWrt #Galvanized #steel is a corrosion-resistant material created by immersing steel in a bath of molten zinc. This process forms a metallurgical bond between the #zinc coating and the steel substrate, offering durable protection against rust and corrosion. The steel is thoroughly cleaned and pre-treated before immersion, ensuring proper adhesion of the zinc layer. Hot-dip galvanizing provides a uniform coating thickness, promoting longevity and reducing maintenance costs. This method is commonly employed to safeguard steel structures, such as #buildings, #bridges, and #pipelines, in various industries. 🔗 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/gJpDAQRP ➡️ 𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 : AZZ Galvanizing | AZZ Inc | Heidtman Steel Company | Zamil Steel Holding Company Limited | South Atlantic, LLC | AM/NS Calvert | TSSC Co. LLC | NLMK USA | Acciaieria Arvedi S.p.A. | Kandil Steel | Jindal Industries Pvt. Ltd. | Puyat Steel Corporation ✨ (𝐂𝐫𝐞𝐝𝐢𝐭 𝐂𝐚𝐫𝐝 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐟 𝟏𝟎𝟎𝟎$ 𝐨𝐧 𝐚𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞𝐬 | 𝐔𝐬𝐞 𝐂𝐨𝐝𝐞: 𝐅𝐋𝐀𝐓𝟏𝟎𝟎𝟎 𝐚𝐭 𝐜𝐡𝐞𝐜𝐤𝐨𝐮𝐭) 👉 🔗 https://lnkd.in/gWB22-qi
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US steel capacity utilization continues to fall ON APRIL 29, 2024 BY ALANPATRICKRYAN US steel production was 1,701,000 net tons in the week ended Apr. 27, 2024 while the capability utilization was 76.6%, according to the AISI. Production down 3.8% from the same week in 2023 and was down 0.9% from the previous week in 2024. Adjusted year-to-date production through Apr. 27, 2024 was 28,550,000 net tons at a capability utilization rate of 76.3%. That was down 2.9% from the 29,391,000 net tons during the same 2023 period when the capability utilization was 77.9%.
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Hot Rolled Coil Steel Price: Comprehensive Trends, Influencing Factors, and Market Projections https://lnkd.in/d4vtiNvq Hot rolled coil (HRC) steel is a fundamental material in various industries, including construction, automotive, and manufacturing. Understanding the trends and factors influencing hot rolled coil steel prices is essential for businesses and investors. This article provides a comprehensive analysis of HRC steel price trends, key influencing factors, market insights, and future projections to help stakeholders make informed decisions. Understanding Hot Rolled Coil Steel Hot rolled coil steel is produced by rolling steel at high temperatures, typically above 1700°F, which allows the steel to be easily shaped and formed. HRC steel is known for its versatility, strength, and cost-effectiveness, making... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks
Hot Rolled Coil Steel Price: Comprehensive Trends, Influencing Factors, and Market Projections
steelprice.org
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WSD’s monthly World Cost Curve to produce hot-rolled band is flattening as raw material prices decline. The greater the flatness, the greater the steel price competition because fewer mills are driven out of business and/or forced to cut output when the price drops. For July 2024, WSD’s analysis indicates massive losses for the median-cost mill, with the ex-works price realization $84 per tonne below marginal cost for the Chinese mill and $35 for the non-Chinese mill – a key reason why WSD believes a supply-side response from both the Chinese and ex-China industry will be required at some point since current low prices are not sustainable. Source: WSD Global Steel Intelligence Service: Cost Curves For more information or to schedule a demo today ➡️ https://lnkd.in/ey-vEQJj #steelcostcurve #globalsteelcostcurve #hotrollbandcostcurve #steelmillprofitability #wsd #worldsteeldynamics
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Chinese hot rolled steel coil output fell slightly this week The weekly production survey results show that the hot rolled steel coil (HRC) output of 37 Chinese flat steel producers under regular monitoring reached 3.09 million tons from November 7th to 13th, a slight decrease of 30,100 tons or 0.97% from the previous week. The survey results show that the hot-rolling capacity utilization rate of the 37 steel mills also fell by 0.77% during the same period, averaging 78.82%. Some steel producers in some regions reduced the operating rate of hot-rolled strip mills during this period, resulting in a weekly decline in hot-rolled coil production. For more information please follow our company page or check our website: https://lnkd.in/gQQrcPh #steeldemand #steelprice #steelmarket #Chinesesteelprice #ppgi #ppgisteelcoil #colorcoatedsteelcoil #prepaintedsteelcoil #prepaintedgalvanizedsteel #ppgl
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