International oil prices extended their decline after comments from Federal Reserve Chairman Jerome Powell added to concerns that U.S. interest rate hikes will slow economic growth and data from the American Petroleum Institute showed U.S. crude inve…
Last week, the domestic scrap market is weak adjustment, merchants are cautious in receiving goods, inventory remains low, the arrival of steel slightly increased, but the weak demand for scrap is difficult to change, scrap market continues to mainta…
Steel processing industry - Current status of the cut to length line used Growth in the construction, automotive and consumer cut to length line used has played a big role in providing the needed boost to the global steel processing indu…
Despite the impact of several iterations of COVID-19 and manufacturing supply chain constraints, steel demand in developed economies continues to recover strongly in 2021, particularly in the EU and the US.…
Gold futures for April 2022, the most actively traded contract on the New York Mercantile Exchange gold futures market, rose 0.2 U.S. dollars, or 0.01 percent, to close at 1,929.5 U.S. dollars an ounce on Friday. Federal Reserve Chairman Jerome Powel…
China's oil prices are expected to rise for the fourth consecutive year after hitting an eight-year high On March 2, the international oil price rose sharply due to the situation between Russia and Ukraine and other factors. The main bre…
According to the statistics: On March 3, the main price of wire screws rose in China. Among the 52 sample cities, 33 cities rose, with an increase of 10-50, accounting for 63.46%, while the remaining 19 cities remained stable for the time being, acco…
According to the statistics: On March 3, the main price of wire screws rose in China. Among the 52 sample cities, 33 cities rose, with an increase of 10-50, accounting for 63.46%, while the remaining 19 cities remained stable for the time being, acco…
Steel processing industry - Current status of the cut-to-length line for transformer lamination Growth in the construction, automotive and consumer cut-to-length line for transformer lamination has played a big role in providing the needed boost to t…
International Energy Agency: LNG demand will remain in short supply Global trade in liquefied natural gas (LNG) reached 377 million tons in 2021, up 6% year on year, according to the latest global gas trade data released by the International Energy A…
Steel processing industry - Current status of the cut-to-length line for transformer lamination Growth in the construction, automotive and consumer product name has played a big role in providing the needed boost to the global steel processing indust…
What is a metal roll forming machine? The metal roll forming machines use long strips of metal, most commonly rolled steel, to create specific structures. In most applications, the required cross-section is specially designed for the machine to bend…