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2023 Global Steel Outlook Report
In 2022, the outbreak of the Russo-Ukrainian conflict drove European energy prices to soar; the Fed raised interest rates multiple times to control inflation (the worst one in 40 years), and China'...
CUMIC Selected as Outstanding Case in CATIS's Services Trading Development Report
In September 2021, CUMIC has been selected as outstanding case in a report issued by the China Association of Trade in Services (CATIS). This coveted recognition acknowledges CUMIC’s efforts to provi...
Tips to Avoid Cracking during Wear Plate Processing
Wear-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, while the wea...
![[EVENT] CUMIC Attended FABTECH 2016 in the U.S](/uploads/image/20240913/11/cumic-attended-fabtech-2016-in-the-us.webp "[EVENT] CUMIC Attended FABTECH 2016 in the U.S")
[EVENT] CUMIC Attended FABTECH 2016 in the U.S
Event: FABTECH 2016, North America's largest metal forming and fabricating eventDate: November 16-18, 2016Location: Las Vegas, U.S.A.FABTECH is North America's largest, most professional, and ...
3 Things You Should Know about Wear Plates
1. 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...
![[Life at CUMIC] Hiking On Hui-Hang Ancient Path](/uploads/image/20241010/17/life-at-cumic-hiking-on-hui-hang-ancient-path.webp "[Life at CUMIC] Hiking On Hui-Hang Ancient Path")
[Life at CUMIC] Hiking On Hui-Hang Ancient Path
On June 4-5, CUMIC Steel Limited organized the activity of hiking on Hui-Hang ancient path, hereby to start the "Ten Years' Journey, A Fresh Start" Activities, which is designed to celeb...
![[Market Insight] Indian Steel Industry Overview](/uploads/image/20240904/16/market-insight-indian-steel-industry-overview.webp "[Market Insight] Indian Steel Industry Overview")
[Market Insight] Indian Steel Industry Overview
India 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...
CUMIC 2016 Annual Gala
January 23, 2016 -- on January 23, 2016 annual meeting of CUMIC Steel Limited was successfully held at the 86th floor banquet hall of Shanghai World Financial Center Park Hyatt.This weekend has been t...
Letter of Credit: From the Origin to the Future
What 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...
![[NEWS] CUMIC Houston Established](/uploads/image/20240913/11/cumic-houston-established.webp "[NEWS] CUMIC Houston Established")
[NEWS] CUMIC Houston Established
In December 2015 -- In order to penetrate American market and provide the customers with better services, CUMIC Steel Limited established American Representative Office recently.Under the concern and ...
![[Market Insight] Vietnam Steel Industry Overview](/uploads/image/20240904/16/market-insight-vietnam-steel-industry-overview.webp "[Market Insight] Vietnam Steel Industry Overview")
[Market Insight] Vietnam Steel Industry Overview
Vietnam’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, ...
![[Life at CUMIC] CUMIC Set Sail in Dianshan Lake](/uploads/image/20240913/11/cumic-set-sail-in-dianshan-lake.webp "[Life at CUMIC] CUMIC Set Sail in Dianshan Lake")
[Life at CUMIC] CUMIC Set Sail in Dianshan Lake
October 17, 2015— Sailing activities of "setting sail, braving winds and waves" of CUMIC Steel Limited was carried out smoothly on October17 at Shanghai Aquatic Sports Center in Dianshan La...
![[Market Insight] Russian Steel Industry Overview](/uploads/image/20240904/16/market-insight-russian-steel-industry-overview.webp "[Market Insight] Russian Steel Industry Overview")
[Market Insight] Russian Steel Industry Overview
Russia 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 requi...
