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HG STEEL PIPE Specialist in Steel Pipes and Pipes Fittings and is primarily engaged in Manufacturing & Exporting of Stainless Steel, Alloy Steel, Carbon Steel, Duplex Steel, Nickel Alloy, Non Ferrous Metal and all other Engineering & Industrial Items in form of Pipes

2020-11-27

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Record Global Stainless Steel Production Forecast for 2019 & 2020

MEPS forecasts that world crude stainless steel output will reach an all-time high of 52.1 million tonnes, in 2019. This would represent an increase of 3 percent, compared with the previous record figure, set last year.

2020-11-27

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Italian PM Promises to Block ArcelorMittal’s ArcelorMittal Exit

We would all lose if there were a legal battle, but should it happen, it will be the legal battle of the century, Conte said on state television, according to the Reuters news service.

2020-11-27

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Local Chinese Seamless Pipe prices move sideways or fluctuate slightly

Local Chinese seamless pipe prices have mostly followed a stable trend during the past week. Overally trading activity has been at low levels with the arrival of the off-season for business. Upstream billet prices have only indicated minor changes, while seamless pipe inventories are mainly on the low side,providing support for seamless pipe prices may fluctuate on a slightly soft trend.

2020-11-27

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Chinese Steel pipe export offer prices move sideways

During the week, average Chinese steel pipe export offer prices have noved on a stable trend. At present, export offers for API 5L Seamless pipe given by Chinese suppliers are in the range of $ 595-680/mt.

2020-11-27

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US steel exports down 5.5 percent in September

According to export data from the US Department of Commerce, monthly steel exports in September 2019 decreased 5.5% from last month to total 557,822 mt. A year-to-year comparsion show a 5.1% increase.

2020-11-27

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