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Iron ore prices rise, mining falls back On the Singapore futures exchange, the contract for iron ore for delivery in the following month traded yesterday at around 127 US dollars per tonne, about 65 percent higher than at the beginning of November. The main reason for this is strong demand for the ... Read More
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15 December 2022 – The recovery on the steel and stainless steel markets continues with rising prices for raw materials and intermediates. Steel scrap remains in short supply in Europe, ferrochrome benchmarks are stable, and stainless steel prices on the Chinese spot market increased by more than 4% ... Read More
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Production Description The carbon content of 420 series steel is less than 0.35. Because it is easier to cut and grind, it is suitable for mass production of factory-made knives. 420 steel is also excellent in rust resistance due to its low carbon content, so it is also the most suitable for the ... Read More
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Production Description 304 is a type of stainless steel. This product has outstanding corrosion resistance. According to the standard composition, 18% of chromium elements and 8% of column elements are added. 2B is cold-rolled, then heat-treated and pickled, and then processed again in the later ... Read More
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