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1 Stainless Steel Industry News

Stainless Steel Industry News

1/Fu’an Wanwu Stainless Steel New Material Industrial Park was approved as a national demonstration base for new industrialized industries

According to the requirements of the “Administrative Measures for National New Industrialization Industry Demonstration Bases” and the “Notice on Launching the Application for the National New Industrialization Industry Demonstration Base in 2021”, after national review and publicity, the Ministry of Industry and Information Technology issued on March 15, 2022 “On Announcement of the Tenth “Notice of Approving the List of National Demonstration Bases for New Industrialization Industry”, New Materials (Stainless Steel) • Fujian Fu’an Wanwu Stainless Steel New Material Industrial Park has been approved as a national demonstration base for new industrialization industries. (Qingtuo Group)

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2/ The 1780 pickling annealing furnace project of Qingtuo Group was officially launched

Recently, the general contractor of China Metallurgical Southern Thermal Engineering Co., Ltd., Qingtuo Group’s stainless steel 1780 pickling and annealing furnace project was officially launched. (China Metallurgical Southern Thermal Engineering Company)

3/Shanxi: Focus on promoting the construction of 5 projects including the second phase normalization pickling line of TISCO high-end cold-rolled grain-oriented silicon steel

The 2022 Action Plan for the Transformation and Improvement of Iron and Steel Enterprises in Shanxi Province mentioned: Relying on the main enterprise of Baowu Taigang Chain, actively build an industrial chain of special steel materials “special steel-parts-complete machine equipment”, with “extended chain” and “strength chain” As the path, focus on promoting the construction of 5 projects including the second phase normalization pickling line of TISCO high-end cold-rolled grain-oriented silicon steel. (Shanxi Provincial Department of Industry and Information Technology)

4/Yongjin Co., Ltd. Vietnam subsidiary’s annual production capacity of 250,000 tons of precision stainless steel strip project officially put into operation

Yongjin Metal Technology (Vietnam) Co., Ltd., a holding subsidiary of Zhejiang Yongjin Metal Technology Co., Ltd., invested in the construction of the “250,000-ton precision stainless steel plate and strip project with an annual production capacity of 250,000 tons in Longjiang Industrial Park, Xinli No. “The construction will start in October 2020, and all equipment has been installed and commissioned by March 20, 2022. At present, the main production facilities are ready for production, and production will be arranged in accordance with market conditions in the future. (straight flush)

5/ In February, the transaction volume and value of the Tianjin stainless steel market dropped sharply from the previous month

According to Xing Zhongying, general manager of Tianjin stainless steel market, in February, the transaction volume of the Tianjin stainless steel market was 720 tons, and the transaction value was 12.3 million yuan, down 59.55% and 60.58% from the previous month. (Sina Finance)

6/ In the 2022-2024 three-year plan of Shizong County: it plans to create an output value of 21.768 billion yuan

In the three-year development plan from 2022 to 2024, the stainless steel industry in Shizong County will implement the construction of 2 stainless steel transformation and upgrading projects and 2 new stainless steel projects. The transformation and upgrading project with a production capacity of 450,000 tons of stainless steel, a wide-width cold-rolled project with an annual output of 200,000 tons, and a color coated plate project with an annual output of 200,000 tons is planned to invest 783 million yuan in the four upcoming projects, creating an output value of 21.768 billion yuan. (Qujing Daily)

7/worldsteel: global crude steel production fell by 5.7% in February 2022

In February 2022, the crude steel output of the 64 countries included in the statistics of the World Steel Association was 142.7 million tons, a year-on-year decrease of 5.7%. (worldsteel association)

8/ Xiangshui: The Shanghai Nengxin Industrial Environmental Protection Stainless Steel Project with a total investment of 130 million yuan has signed an agreement of intent

At present, the environmental protection stainless steel project of Shanghai Nengxin Industrial Co., Ltd. with a total investment of 130 million yuan and the external high-voltage cable project of Jiangsu Yudian Power Technology Co., Ltd. with a total investment of 150 million yuan has signed agreements of intent. The corn project has been signed and implemented. (Xiangshui County People’s Government)

9/ Fuan Stainless Steel Commodity Trading and Information Sharing Platform Project Based on Blockchain Technology

1. Construction of Fu’an Stainless Steel Industry Exhibition Hall. 2. Build a digital cockpit for the stainless steel industry in Fu’an. 3. Build a public service platform for the stainless steel industry in Fu’an City. 4. Build a demonstration project for carbon emission management application in the stainless steel industry. Build a carbon emission data certification management platform. The total investment of the project: is 103 million yuan. Construction start and end time: June 2022 to June 2024. (Fu’an Development and Reform Bureau)

10/ TISCO developed a new product of pure iron for high-quality special steel

Recently, TISCO has successfully developed high-quality pure iron for special steel, all indicators fully meet customer needs, and the quality has reached the international leading level. (China Baowu)

11/ Chongqing Qingshan won the second prize in national defense science and technology industrial enterprise management innovation achievement

Recently, in the 2021 National Defense Science and Technology Industrial Enterprise Management Innovation Achievement Selection, the “Construction and Implementation of the Strategy to Mission System Centered on Comprehensive Budget Management for Auto Parts Enterprises” submitted by Chongqing Qingshan won the second prize. (Qingshan transmits power to every place)

12/ US and UK reach an agreement to remove tariffs on UK steel and aluminum products

On March 22, local time, the United States and the United Kingdom issued a joint statement announcing that they had reached an agreement on the cancellation of the Trump administration’s high tariffs on British-made steel and aluminum products. (CCTV News)

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