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Oil Drilling Rig Count Continuously Increased in 2016

Oil and Gas Drilling Rig Count continuously increased in three weeks in United States, the fastest growth since 2011. FX168 reports: U.S. oil Service Company Hughes Beck released data on last Friday shows, until the week of 15th July 2016, the number of active oil and gas drilling rig count increased 6 to 357 at […]

Latin-America is a Big Importer for Chinese Steel Products

Latin-America is a significant region that imported Chinese steel products. In recent years Latin-America was experienced faster growth in steel demand. Latin-America import 7.4 million mt at 2014, increased a lot than 2013. According the data from Latin-American Steel Association, from January to November of 2014, China have exported steel products over 7,400,000.00 mt to […]

U.S cancel the Anti-Dumping Duty for line pipes

U.S. Department of Commerce cancel the Anti-Dumping Duty & Anti-Subsidy duty U.S. Department of Commerce States, there is no evidence shows that domestic Manufacturers for the Line pipe damaged or threaten from the Line pipe imported from China, U.S. will cancel the Anti-Dumping Duty and Anti-Subsidy duty.

China Have a Long Way to Go to Cut Steel Capacity

It is always a major topic for China to cut steel capacity, China will ban the low steel and make sure to prevent the steel market into a mess. Chinese steel products price increased because of the reducing capacity policy. Cut steel capacity still have a long way to go. And because of the reduce of the […]

Steel Products Manufacturers of Plates, Pipes, Profiles Started Well in 2017

The steel products manufacturers including the steel plate, steel profile manufacturer and steel line pipe manufacturer started well this year, because of the release of the production capacity. According to the data, the national crude steel production was 201 million tons, up 4.6% than last year, the average daily crude steel production was 22.34 million […]