Category: Industry News

1.Baosteel Sets New Asian Record for Deep Well Casing Depths Recently, news from the Xinjiang Oilfield of China National Petroleum Corporation (CNPC) reported that the Qingbei 1 #well, which utilized Baosteel’s premium casing for completion and key drilling operations, has reached a drilling depth of 9,056 meters. This marks another…

World Metals announced the “Top Ten Technological News in Global Steel Industry for 2024”.Here are the highlights: 1.The International Space Station Produces Its First 3D-Printed Steel Component On May 30, 2024, inside the International Space Station’s European Columbus laboratory module, a 3D metal printer broke through orbital manufacturing methods to…

According to the announcement released by the Ministry of Industry and Information Technology (MIIT) on December 25, 2024, there are 72 standards specifically for the metallurgy sector. These standards primarily cover technical requirements and testing methods related to energy consumption, carbon emission management, resource recycling, and environmental protection during steel…

Xingguo Precision Machinery Co., Ltd. of Changli County (hereinafter referred to as Xingguo Casting) has successfully launched its demonstration project for “300,000 m³/day green electricity electrolysis water hydrogen production – hydrogen storage – 450 m³ blast furnace hydrogen-rich smelting”. This marks the entry into the industrial application phase of the…

Over the past 75 years since New China found, steel for bridge construction has gone through seven major stages of development. 1.The first generation of bridge steel: A3q Wuhan Yangtze River Bridge was opened to traffic on October 15, 1957, a total length of 1670.4 meters, riveted structure, steel beams…

The highest work record of tundish at Yaxin Steel’s steelmaking plant was set on October 8, reaching 168 hours and 26 minutes, with a total of 269 furnaces and 45,545.5 tons. This is now the world’s highest record for tundish operation. The person in charge of Yaxin Steelmaking Plant shared…

On November 12, 2024, the Shougang New Energy Vehicle Soft Magnetic Materials User Technical Seminar was held in Suzhou, Jiangsu Province. Two new products, 20SW1100Z and ESW1025R, were globally launched, along with several new technologies, including self-bonding coatings. The 20SW1100Z is a comprehensive upgrade of the best product, 20SW1200, which…

The World Steel Association (WSA) has released the latest edition (2024-2025) of its Steel Demand Forecast Report (SRO). The report shows that global steel demand will fall by a further 0.9% to 1,751 million tons this year. After three consecutive years of decline, global steel demand will rebound by 1.2%…

2024 stainless steel industry operating conditions are manifested in the stainless crude volume, apparent consumption, import and export volume year-on-year growth. The price trend in the domestic market is low, export volume keeps increasing but the export price is low. The overall efficiency of the industry is low, and the…

The 2024 Metallurgical Science and Technology Award Grand Prize was awarded to Shougang Jingtang’s MCCR Multi-mode Continuous Casting and Rolling  Technology Integration and Innovation project. The casting and rolling integration technology is a major advancement in the technology of the interface of the iron and steel manufacturing process. Mr. Wang Guolian,…