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What is Sour Service Steel Pipe

Sour services steel pipe is applied for pipelines in the corrosive environment. As we know, line pipe corrosion is an important factor affecting its safety service and service life. It will cause the leakage of oil and gas pipeline, some cases even explosion. Pipe corrosion has a big threaten to personal safety and environment pollution, […]

Flat and Long Steel Products Exported to Latin America Increased in March 2017

Flat steel products and long steel products exported to Latin America increased 8%. The average price increased 33% in January to March of 2017. China exported steel products reduced 26% than the same time last year From January to March, China has exported steel 20.2 million tons worldwide, reduced 26% than the same time of […]

Oil and Gas Valve Development Trend in Petroleum Industry

What is the oil and gas valve Oil and gas valve is widely used in oil and gas industry, gathering and process units. According to production requirement, the valves transported or blocked a variety of gas and liquid media to various containers and process equipment. Oil and gas valves can be divided into general and special valve. The […]

Steel Enterprise Manufacturer Should Adjust Procurement Policy

The northern area has not already returned to work after the spring festival, steel product price has gradually risen. On February 15th 2017, the spot price of three-level steel rebar rise 220 CNY to 3450 CNY per ton after spring festival in Shanghai. With the steel price fluctuation, the imported ore price increased 50 NY […]

Japan Steel Shall be Affected by US Limits Imported Steel

Commerce Secretary Ross has announced that it will consider making restrictions on imported steel and impose high tax. The Japanese media reports that US Department of Commerce consider that a large number of imported steel products: oil and gas steel pipe, hot and cold rolled steel coil, and other products have make a threat to national […]

Oil and Gas Pipeline Industry Status and Trend in Global

The whole growth rate of global economy has slowed down. The development of oil and gas pipeline industry was affected by the imbalance between supply and demand, oil price reduced a lot. With industry development entered into the lowest point, the high cost of oil and gas exploration projects gradually reduced. The investment in oil […]

Pipeline Valves Development and Market Trend in China

Oil and gas valves scope involved in oil and gas pipeline have basically not change over hundred years. The different kind of valves manufacturers specially oil and gas valves have been constantly updating the technology, so that affect valves market changes. The large investment in oil and gas pipelines will promote industrial oil and gas valves, especially the […]

Chinese Reinforced Steel Price Offers Stable

Asian steel market deals seems quietly, Chinese reinforced steel price and steel coil, billet, wire price keeps steady. Due to a slight rebound in the domestic market of the Chinese steel price, Chinese export steel price is going steady. Foreign buyers continue to wait and see, and there is not much inquiries. Chinese Hot rolled steel […]

Oil and Gas Market Reform Was Inevitable in China

On December 7th, West-east pipeline start to work with the third party. China National Petroleum Corporation (CNPC) sign a framework agreement with Guanghui energy. Guangghui Energy is currently the only one private energy enterprises, with “coal, oil, gas,” three kinds of resources at the same time. The cooperation way is that west east pipeline company […]

China and Europe will Have Agreement for China Steel Product

England “Financial Times” reported on 14th July, China and Europe agreed to have a mutual agreement for China steel product, specially the steel line pipe, hot rolled steel coil and steel plate, steel profile etc. The agreement is to solve the “dumping steel” problem for China, get China steel market/China steel price a good position in Europe. […]

Venezuela and China have $2.8 Billion Financing Agreement in June, 2017

Ricardo Menendez, Venezuelan planning minister, stated Venezuela and China had a $2.8 billion financing agreement, to improve oil production capacity. This agreement will make the joint project to increase 325 thousand barrels per day. Venezuela and China also evaluated the port construction project in the Eastern Venezuela, a storage capacity of 20 million barrels. According […]

US Invest Company Created a Fund to Invest Chinese Steel Industry

Bloomberg reported that Wilbur-Ross’s leading investment company will bet on Chinese steel industry. He will created a fund to invest Chinese steel industry. Include steel plates, pipeline pipes, and steel fittings and gas and oil pipes such as casing pipes, tubing pipes manufacturing. Even though this billionaire was working to cut off its relationship with this company, he lead the US Department of […]