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Ductile iron pipe introduction
Ductile iron pipe is a kind of cast iron pipe. Quality requirements of cast iron pipe spheroidization grade control for 1-3 (spheroidization rate “80%), so the mechanical properties of the material itself has been better improved, with the nature of iron, steel performance. Annealed ducti...Read more -
Indian steelmakers are worried about losing international markets
On May 27, Finance Minister Nirmala Sitharaman announced on social media that the country has decided to make a series of changes to the tax structure for key commodities, effective May 22, general media reported. In addition to lowering import tariffs on coking coal and coke from 2.5 percent...Read more -
Federal Reserve Financial Stability Report: Liquidity in major financial markets is deteriorating
In its semi-annual financial stability report released on Monday local time, the Fed warned that liquidity conditions in key financial markets were deteriorating because of rising risks from the Conflict between Russia and Ukraine, tighter monetary policy and high inflation. “According to...Read more -
The IMF cut its forecast for global growth this year to 3.6%
The International Monetary Fund (IMF) on Tuesday released its latest World Economic Outlook, predicting that the global economy will grow 3.6 % in 2022, down 0.8 % points from its January forecast. The IMF believes the conflict and western sanctions on Russia have caused a humanitarian disast...Read more -
World Steel Association: Global steel demand growth is expected to decline in 2022
On April 14, 2022, the World Steel Association (WSA) released the latest version of the short-term (2022-2023) steel demand forecast report. According to the report, global steel demand will continue to grow by 0.4 percent to 1.8402 billion tons in 2022, after growing by 2.7 percent in 2021. In...Read more -
Introduction of anticorrosive coating for ductile iron pipe
1, spray zinc anti-corrosion coating After preheating the nodular cast iron pipe, the pipe body is sprayed with high temperature molten metal zinc solution when the temperature reaches about 600 degrees Celsius. The zinc coating after spraying has good adhesion, is not easy to fall off, and has g...Read more -
Effect of zinc spraying on ductile iron steel pipe
Zinc spraying refers to the surface treatment technology of plating a layer of zinc on the surface of metal, alloy or its wide material in order to play the role of beauty and rust prevention. The main method used is hot dip galvanizing. So what is the effect of zinc spraying on dry nodular c...Read more -
China-EU trade: showing resilience and vitality
In the first two months of this year, the EU overtook ASEAN to become China’s largest trading partner again. According to the latest data released by the Ministry of Commerce, bilateral trade between China and the EU reached 137.16 billion US dollars in the first two months of this year...Read more -
Malaysia RCEP went into effect
The Regional Comprehensive Economic Partnership (RCEP) is set to enter into force for Malaysia on March 18, following its entry into force for six ASEAN and four non-ASEAN countries on January 1 and for The Republic of Korea on February 1. It is widely believed that with the RCEP coming into fo...Read more -
India’s demand for Chinese goods is surging
New Delhi: According to data released by China’s General Administration of Customs this month, India’s total imports from China in 2021 hit a new high of $97.5 billion, accounting for a larger share of the two countries’ total trade of $125 billion. It was also the first time ...Read more -
Since March, Egyptian importers have required letters of credit for imports
The Central Bank of Egypt (CBE) has decided that from March, Egyptian importers can only import goods using letters of credit and has instructed banks to stop processing exporters’ collection documents, the Enterprise newspaper reported. After the decision was announced, Egyptian chamber of...Read more -
Vale could expand its iron ore capacity by 30m tonnes by the end of this year
On February 11, Vale released its 2021 production report. According to the report, Vale’s iron ore production reached 315.6 million tons in 2021, an increase of 15.2 million tons from the same period in 2020, and a year-on-year increase of 5%. Pellet production reached 31.7 million tons,...Read more
