Oil extended its retreat below $40 a barrel after Saudi Arabia cut pricing for October crude sales as the summer driving season winds down with many countries still struggling to control the coronavirus. Futures in New York dropped 1.5% in Asian trading after Saudi Aramco reduced its key Arab Light
There is a great difference between a thick-walled steel pipe and a thin-walled steel pipe in terms of wall thickness. If the diameter of the steel pipe wall is greater than 0.02, we generally call it a thick-walled steel pipe. Thick-walled steel pipes have a very wide range of applications. Owing t
There are many types of pipe fittings, which can be summarized into the following main types: 1. Variable diameter pipe fittings refer to the diameter reduction of the pipe end or part of the pipe;2. Pipe fittings with variable wall thickness refer to change the wall thickness along the length of th
Steel Dynamics CEO Mr Mark Millett says the steel market is at an inflection point and that the industry will see upward momentum in the next month. According to Bloomberg, Millett told the virtual SMU Steel Summit that he sees warehouse construction staying strong through 2020 and into 2021 as cons
Oil fell the most in a week with a sluggish U.S. labor market compounding concerns that demand will remain weak. Futures in New York declined by 0.8% on Thursday, retreating from a five-month high. Applications for U.S. unemployment benefits unexpectedly increased last week, boding poorly for fuel c
China's semi-finished steel product imports in July surged more than tenfold from a year earlier to the highest level since at least 2016, customs data showed on Tuesday, fuelled by lower overseas prices and robust demand at home. The world's top steel producer brought in 2.46 million tonnes of semi
According to the latest statistics from BIR, wasteful consumption in most major markets declined in the first quarter, while wasteful consumption in Turkey increased. The authors of the statistical report, Rolf Willeke, and Daniela Entzian said that in the first quarter, China’s scrap consumption fe
Daily Sabah reported that the Turkish Steel Exporters Association CIB said that US President Donald Trump's arbitrary additional tax of 25% on steel imports from Turkey caused great harm to Turkish exporters and exporters are demanding their losses to be covered. CIB chairperson Mr. Adnan Aslan said
1. The spiral steel pipe packaging should be able to avoid looseness and damage during normal handling, transportation, and storage.2. If the buyer has special requirements for the packaging material and packaging method of the spiral steel pipe, it should be specified in the contract; if not specif
1. Fixed-length spiral steel pipes can be unbundled. 2. If the two ends of the spiral steel pipe are threaded, they should be protected by thread protectors. Apply lubricant or rust inhibitor on the thread. The two ends of the spiral steel pipe are broken, and the two ends can be equipped with nozzl
