Tips to Avoid Cracking during Wear Plate Processing2722.07Wear-resistant plate, also known as abrasion-resistant plate, is used in various industries and applications where abrasion, wear and tear requirements are particularly critical. However....Details
2022 H2 Global Steel Outlook Report1922.072022 H1 has been a wild ride for the global steel industry. The global economy, after more than two years ravaged by the COVID-19 pandemic, is experiencing yet another shock.The Russia-Ukraine conflic...Details
3 Things You Should Know about Wear Plates2222.061. What are Wear-Resistant Steel Plates?Wear-resistant steel plates, also named abrasion-resistant plates (AR Plates), are used to reduce wear and tear on equipment surface caused by intense rolling a...Details
[Market Insight] Indian Steel Industry Overview2522.05India is currently the world’s 2nd largest steel producer. In FY22 (till January), India’s production of crude steel and finished steel stood at 98.39 MT and 92.82 MT, respectively. The growth in th...Details
Letter of Credit: From the Origin to the Future1322.05What Is a Letter of Credit?A Letter of Credit (L/C) is a payment mechanism that provides economic guarantees to beneficiaries and is widely used in the global steel trade. The L/C issued by the bank w...Details
[Market Insight]Vietnam Steel Industry Overview2622.04Vietnam’s GDP growth in 2021 has fallen short of forecasts to 2.58 percent, lower than the 2.91% in 2020, as the COVID-19 pandemic has imposed adverse impacts on all sectors of the national economy, ...Details
[Market Insight] Russian Steel Industry Overview1222.04Russia is the fifth-largest steel producer in the world. The country is extremely well endowed with mineral resources. It is rich in natural gas, oil, coal, iron ore, and various metal resources required by a modern industrial nation.Details
[Market Insight] Turkey Steel Industry Overview3022.03Turkey is the seventh-largest steel producer globally and the largest one in Europe. Today the country has 26 electric arc furnace mill plants (EAF), 11 induction furnace plants, and 3 BOF plants.Turk...Details
[Market Insight] 2021 Global Steel Market Review and Outlook1822.032021 Global Steel Market Review and Outlook 01 GLOBAL STEEL EXPORTS REVIEWSeverely affected by the COVID-19 pandemic, the global steel industry showed a sharp decline in 2020, but with the recovery of...Details