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Current News - JW GROUP

Current News

The difference in the price of stainless steel pipes

Why is there a big difference in the price of stainless steel pipes? The difference in the price of stainless steel pipes is mainly caused by the following factors: 1. Different materials: Stainless steel pipes are made of different materials. Some steel mills use refining furnaces to refine stainless steel raw materials. The raw materials …

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International steel market

Some international steel market industry information this week: Turkey: Turkish steelmaker MMK Metalurji plans to restart its electric arc furnace melting shop with an annual capacity of 2.3 million tons from April 1. In addition to existing stocks, MMK Metalurji is actively procuring scrap to meet production needs. Luxembourg: On March 22, a fire broke …

International steel market Read More »

Decline in demand, stop shipping!

As the Spring Festival is approaching, due to weak demand, the downward trend of global transportation demand continues, forcing liner companies including Maersk and Mediterranean Shipping Company (MSC) to continue to cut capacity. Both Zim and CLX+ routes will be suspended for 3 weeks during the Spring Festival. According to Alphaliner, a shipping information and …

Decline in demand, stop shipping! Read More »

Steel Price

The current situation of China’s domestic steel market this week: Due to the increasing downward pressure on the domestic economy and the high temperature and off-season, the market sentiment was cautious this week, the enthusiasm for downstream purchases was low, and the demand for steel continued to be weak. In the short term, the supply …

Steel Price Read More »