News
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The production reduction of stainless steel in June is amazing, and the production is expected to continue to decrease in July
2022 is the third year of the outbreak of the covid-19, which has a huge impact on the global economy. According to SMM research, the national stainless steel output in June 2022 totaled about 2,675,300 tons, a decrease of about 177,900 tons from the total output in May, a decrease of about 6.08%...Read more -
Global stainless steel production to grow by 4% in 2022
On June 1, 2022, according to MEPS forecast, global crude stainless steel production will reach 58.6 million tons this year. This growth is likely to be driven by factories located in China, Indonesia and India. Production activity in East Asia and the West is expected to remain range-bound. In t...Read more -
ZAIHUI analyse the proportion of domestic stainless steel coil exports cold and hot rolled
In recent years, domestic stainless steel cold-rolling projects have been put into production and reached production one after another. The output of stainless steel cold-rolling has grown rapidly, hot-rolled billets are becoming more and more scarce, and the structure of export coil products has...Read more -
The first Typhoon will hit Guangdong in July
The first day of July, Guangdong province has the first typhoon, which is approching Guandong, will hit Zanjiang on 2rd July. ZAIHUI leader Mr. Sun advise all employees take care and keep safe during the bad weather.Read more -
Zaihui analyzes the reasons for the sharp drop in stainless steel prices in June 2022
After the price of stainless steel in 2022 experienced a sharp rise in early March, the focus of spot stainless steel prices began to gradually move down at the end of March, from a price of around 23,000 yuan to around 20,000 yuan/ton at the end of May. The speed of price decline has increased s...Read more -
Global stainless steel production to reach 58 million tons in 2022
MEPS estimates that world stainless steel production in 2021 will grow by double digits year-on-year. The growth was driven by expansion in Indonesia and India. Global growth is expected to reach 3% by 2022. That would equate to an all-time high of 58 million tonnes. Indonesie surpassed India in ...Read more