God! Stainless Steel Price Reach High Level Again

Price Review This Week 

Products	Average price (USD/TON)	Highest price (USD/TON)	Lowest price (USD/TON)	Ups and Downs (USD/TON)
Cold Rolled Stainless Steel 201	FOB 1290	FOB 1310	FOB 1270	+60
Cold Rolled Stainless Steel 304	FOB2115	FOB 2135	FOB 2095	+53
Cold Rolled Stainless Steel 430	FOB1277	FOB 1305	FOB 1250	+83

This week, the stainless steel 201 price keeps increasing. The market price ups to FOB 1310 usd/ton. For stainless steel 304 price, it begins to show a sharp upward price trend, mainstream basic price up to FOB 2135 usd/ton. Grade 430 stainless steel price also shows a strong rising trend, the highest price up to FOB 1250 usd/ton.

Let’s look at the raw material market. The Ni price is just so so, without a strong showing. But, the chromium and manganese price run at high level. Due to the material costs up, the steel mills keep opening price at high level. Then the traders follow the upward trends. That is why the inventory price up and up gradually.

Market Resource

200 Series

For 201 cold rolled stainless steel resource keep increasing strongly. The highest price for 201 stainless steel ups to FOB 1310 usd/ton. Even though at the end of this week, the reference price from steel mills is stable. But, the inventory market price is up continuously. Meanwhile, the hot rolled stainless steel 201 resource price is speeding up the pace in price. The mainly reason is that shortage of inventory.

300 Series

The 304 stainless steel market shows upward trends generally. Invariably, the goods in stock is still in short. Because the the high price from steel mills, the traders have small inventory. Mainly, they keep the inventory to slit to sheets. That’s why individual company increased the price sharply, high to FOB 2135.

400 Series

This week, 430 cold rolled stainless steel resources also show a strong trend. The highest price up to FOB1305 usd/ton. In the short term, the price for 430 cold rolled stainless steels will go on increasing likely.

Next Week Forecast

With the fixed price from steel mills in December keeping increasing, the market price will go on increasing in different levels. But, compared with the crazy upward situation few days ago, the market will be more reasonable.

Want to know more price change? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. We are specialized in exporting stainless steel product, steel billet, hot rolled steel, cold rolled steel etc.

Related Reading:

Stainless Steel Price in China during G20 meeting

Stainless Steel Price in China during G20 meeting

201 Stainless Steel

With the end of the G20 summit last week, the 201stainless steel market demand has also improved. Followed that, the mill guide prices have gone up. But the practice has proved that pre-holiday demand for the release is not ideal, the businesses are mostly reduce profits to sell. For cold-rolled 201market, LH / 2B basic offer in FOB 1050-1085 usd / ton. For Hot-rolled 201 market, 201 / NO.1 mill edge offer at FOB 1000-1030 usd / ton.The downstream clients just wait and see, the traders are not active in place orders, but the mills have realized this point, also intends to reduce the guide price to promote the order quantity. Expected this week, on the eve of Mid-Autumn Festival, the situation keeps the same.

304 Stainless Steel

Last week, due to the cold-rolled steel settlement price in steel mills increase, the market price of 304 appeared slightly high.Although trading volume is not ideal, also because of the arrival of fewer resources, the market steel prices are relatively stable.Last week, 304 cold rolled stainless steel price increase 20-30 USD, the mainstream market price for cold rolled stainless steel 304 is FOB 1750-1800 usd/ton.

For hot rolled stainless steel 304, the market inventory is limited. Some specification for hot rolled stainless steel 304 is out of stock. But after the G20 Summit, DONGTE resource will start arriving the market, the businesses won’t up the price optionally. Now the market price for 304 hot rolled basic specification is FOB 1675-1690. Almost the same with last week.

316L Stainless Steel

316L stainless steel market last week came to drama reversal, cold rolled products and hot rolled products went to different direction.The price difference between the cold rolled stainless steel and hot rolled stainless steel is significantly increased. The market 316L is all rising this week, and now the inventory for cold rolled resources is not much. So this week,some individual business increase the price by 30 USD, the market prices range at 2415-2455 usd / ton.

For 316L Hot-rolled, along with the G20 ended, DONGTE reproduction news brings the market larger pressures, especially due to the Mid-Autumn Festival the sales period will decrease, so there is a clear increase on hot-rolled resources.The mainstream steel mill offer 2290-2310usd / ton. Currently cold-rolled stainless steel market still seize the opportunity to up price, but the hot-rolled stainless steel shows pullback warning in short-term.

430 Stainless Steel

430 stainless steel market is the steady rise. The stock lot price up to FOB 985 usd/ton. But, the main stream market price is FOB 965-990 usd/ton. It is much stable even though it is up.

Want to know more price change? Please contact us freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises since 2011.

Do you know of stainless steel with several surfaces?

Stainless steel can be seen everywhere in life, use very extensive. Recently, the price for stainless steel is up and down. We feel so tired about it. Leave it alone for a moment. Today let’s learn about the surface of stainless steel grades, characteristics and uses.

Original surface

Stainless steel NO.1, it is surface after the hot rolled annealed and pickled. Hot-rolled stainless steel NO.1 generally used to make cold rolled stainless steel material, industrial tanks, chemical plant, etc., the thickness from 3.0MM-16.0MM.

Blunt surface

Stainless steel NO.2D, it is surface that after cold rolling then heat treatment, pickling. Its material is soft, with silvery sheen color. It is used for deep drawing processing, such as automobile parts, water pipes and so on.

Matte Surface

Stainless steel NO.2B.It is surface that after cold rolling and heat treatment, pickling, and then polish to make the surface moderate light. Since the surface is smooth, it is easy to regrind, make surface more brighter. It is widely used, such as utensils, building materials and so on. Using improve the mechanical properties of the surface treatment, it can meet almost all uses.

Grit Surface

Stainless steel NO.3.It uses No. 100-120 abrasive belt to grind out product. It has better brightness with discontinuous coarse grain. It is used for interior and exterior building materials, electrical appliances and kitchen equipment.

Sand surface

Stainless Steel NO.4. It is abrasive grain size No. 150-180 abrasive belt out of the product. It has better brightness, and discontinuous coarse grain, fine stripes than NO.3. It is used for baths, interior and exterior building materials, electrical appliances, kitchen equipment and food equipment.

Bristle surface HAIRLINE

Stainless HL / NO.4. It is a continuous grinding belt properly size generating abrasive polishing pattern product (segment number 150 to 320). Mainly used for building decoration, elevators, building door panels.

Bright Surface

Stainless steel BA. It is subjected to bright annealing after cold rolling, and after formation of the resulting product. Its excellent surface gloss, has a high reflectivity. It is like a mirror surface for home appliances, mirrors, kitchen equipment, decorative materials.

CNBM is the short name of China National Building Material Group, which is a state-own group. We specialized in steel products, especially stainless steel products.

Want to know more information, please contact us freely.

Related Reading:

Will the Price for 304 Stainless Steel Keep Up?

Will the Price for 304 Stainless Steel Keep Up?

In June, after the British off the European referendum, the financial futures market had a sharp shock, but with the panic dissipated, the current global market gradually stabilizing, commodity prices rebounded strongly, driven by rising nickel prices. Since the end-consumer seasonal weakening, the recent pattern of nickel continue to show strong form and the stainless steel shows weak status.

Last week, due to funding large-scale intervention, LME nickel rose 5.47% to US $9935 / ton. In a short term, it will shock under $ 10,000 / ton, but the rise pattern does not change.

Maybe because the philippines new Minister of Environmental Protection to puslish the National Mine Inspection speech, the market worried about the Philippines nickel mine shut down, prompting Nickel rose on Friday night. The inspection will last a month, so the short-term gains in nickel can still continue. Affected Lun nickel, stainless steel stocklot market price fluctuations.

Let’s look at recent stainless steel market prices.

-200 series stainless steel market:

The 201 stainless steel market drop slightly, the mainstream market prices of 201 is between FOB 995-1020.

-300 series stainless steel market:

The market price for 304 stainless steel began rising, even some suppliers stop to quote to outsite. The mainstream market price of 304 is between FOB1700-1745.

-400 series stainless steel market:

For 430 stainless steel runs much smoothly, the mainstream market prices for 430 is between FOB955-985.

This week nickel price fluctuations relatively large. So the stainless steel coil market also followed the ups and downs. And the traders generally rise their prices. But, now the demand for stainless steel is flat. The Trade data is not particularly clear.

Fortunately, now is the beginning of July, traders can still keep the high price to ship. But, when it come to late July, maybe the pressure hit again, it will come to a situation that the trades reduce the price to ship. If you have plans to purchase, please pay attention to late July stainless steel market prices. Maybe that will be a good time.

CNBM is the short name of China National Building Material Group, which is a state-own group. We specialized in steel products, especially stainless steel products.

Want to know more information, please contact us freely.

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International Nickel Prices Rebound, Chinese Stainless Steel Market Hot

International Nickel Prices Rebound, Chinese Stainless Steel Market Hot

Last week, affected by international crude oil prices, the international nickel prices last week rose to $ 9585 / ton, the highest level since this year. Shanghai Nickel followed rebounded to 75,000 yuan / ton,the positions amount increases. Last week the nickel price adjustment indicates that next week the market will gradually cool, steady recovery trend.

Stocklot price of nickel on the general record new high this year, ferronickel prices have closely followed. In China, stainless steel prices rose, steel orders full in plants, steel mills return to work quickly, but the low steel inventories of raw materials, resulting in nickel-iron purchase hot, the market is on the situation for scrambling. The supply and demand determine the price, and thus help up confidence of nickel ironworks prices. Recently, the Chinese stainless steel market volatility, spot price for stainless steel changes more frequently. Stainless steel main raw material prices are rising, some steel traders and steel mills like ants on a hot pan.

Stainless steel market in China is currently in full swing, prices continue to refresh the new high level, the market is on a high season market, but the price is so crazy people have to think what makes the price ferocious as a tiger, what is supporting prices continue upward. There are many factors, let's see the current upward trend on the basic side of supply and demand.

Stainless steel market price in China of 50% of the pricing trend reply on nickel price trends, but this time look at LME nickel, in the April, nickel rose $ 500 - 1000 range, but the stainless steel sheet has rose 1,500 yuan / ton in April. Comparing the two gains linkage, stainless steel prices rose significantly in the super state, and rose significantly out the control of nickel.　

From the supply side, the Chinese stainless steel sheet stocks have been in a lack situation after Spring Festival this year, and now the tension level for stock lot is strengthening and strengthening. At the end of this month, some big size agents and traders come to a situation that out of stock collectively.  What’s more, steel mills in China reach agreement for  production control last year, and has been in control of production this year, thus further strengthening the tense atmosphere of market resources for stainless steel in the supply side. And, it is said that stainless steel sheet billet market has been short, what makes the price up.

Due to the current shortage of stock lot resources in stainless steel, traders for stainless steel generally offer a high level, even the majority of companies declare do not quote to outside. Market resources for stainless steel are not already for a situation that there is no stock lot for stainless steel, the true reason is that some companies keep the resource in warehouse and just watch the market changes. Even some are join hands together to drive up prices possibly. Besides, traders themselves reflected that now offer difficultly, because the price increase so fast and the downstream end users is difficult to accept and reach a deal. In a short-term, the situation that there is price but no deal will continue.

Some trader just joking like that” Spring for Chinese stainless steel is coming!!”

Want to know more price change? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. 

Email: sophiapan@okorder.com 

Whatsapp/Viber/Wechat: +18276191028

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Chinese Stainless Steel Market Situation Weekly

Chinese Stainless Steel Market Situation Weekly

• China Stainless Steel Strips 

The Nickel price shocks during a minizone, the price from 8500-9000 USD/TON. Affected by this point, now the hot rolled stainless steel strips reference price is FOB 1615-1620 USD/TON. And the origin mostly comes from south China, and other region don't have stock lot now. Sectional plants have already accept next month's order.

For 201 cold rolled stainless steel strips, average price in south China is FOB 1130 USD/TON. In east of China, the price is 8-10 USD higher than that in south China. However, most plants keep the price unchanged this week.

• China Stainless Steel Scrap 

This week, 201 stainless steel scrap market in south China is up around 15 USD/TON. For 304, the price keeps stable and holds generally 994-1025 USD/TON. For 430, the price hold 270-305 USD/TON.

In terms of the market, this week stainless steel scraps 300 series will keep stable. But, the market stock for 200 series is more scarce. It brings a wave to raise. The plants seek the resource everywhere just like scrambling for goods. However, the downstream demand is not large, so the trading volume is just so-so. So, the stainless steel scraps price will hold unchanged in a shot term.

• China Stainless Steel Coils/Sheets 

The price for stainless steel coils/sheets keeps slightly stable, but some rare size still hot, so the price for special size still raise. For Cold rolled steel coils/sheets, there is many stocks on the market. So the price will stay stable and the stainless steel sheets price can get a discount range. However, the stock lot for hot rolled steel coils/sheets is short. The trader offer high price. And for this situation, it will not get a obvious change in a short time.

• China Stainless Steel Tubes 

Look from stainless steel tubes market, the plants all keep the price stable. On the other side, recent demands is considerable. The order in plants turns better. So that is the main point to support the price be stable. In the short term, the demands will stay stable. So the price will not change too much.

Want to know more price change? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. We are one of the largest supplier for steel products especially stainless steel in China. Email: sophiapan@okorder.com Whatsapp/Viber/Wechat: +18276191028

After Rising, Steel Prices Facing the Pressures for Retracement

After the Spring Festival, China steel market has big up-trend more than a week, part of the market price sheet has achieved the highest rate of increase 30 usd / ton. Compared with the majority of pre-holiday market, most market have ranged 7-23 usd/ton gains. But the steel market can’t be blindly rising, the demand does not sync up, and the trigger price increases stimulate the steel mill’s enthusiasm for recovery production. Also, it stimulates the iron ore and other raw materials to the emergence of a higher increase. However, this is not conducive to the development of the steel city itself, at the same time it increased the supply and demand of steel late. This time, the market needs to think rationally, how stable development, it is necessary to be able to accept by the end demand, but also to push prices farther away longer, the industry does need a consensus to work together.

Rebar

Building materials price fell these two days, Most Chinese rebar market prices fell 1-3 usd/ton, basically the rest of the market in a steady state, farewell for up trend.

Sheet

The steel sheets market has been in up trend, Market in Shanghai, Tianjin, Taiyuan area have been down 2-5 usd/ton, which is Taiyuan hot-rolled 4.75mm thickness down 5 usd/ton. Medium plate in Taiyuan also falls, general plate and alloy plate have been down 6 usd/ton. Apart from a few market in Shenyang, Changsha, Chongqing and other rose slightly, the other markets has been largely restored stability. From the spot market, is about to enter March, the domestic market prices of building materials blocked, while the board automotive and appliance industries, although in good shape after the holiday, but the cold plate as the representative varieties Festival but did not appear as hot rolled, plate like gains, relatively deserted. Machinery, shipbuilding is still no significant increase in orders for the phenomenon.

Stainless Steel

According to market survey, it learned that 304 CRC resource after watching, some businesses appear 7-15 decline. Overall resource stock is still relatively abundant, larger businesses competitive pressures, competition for market share, short-term price slightly under pressure.

From the situation, the amount of steel after the Spring Festival to present the actual resumption of production is small, daily iron water of 20,000 tons or less. Steel mills Plan resumption of production of steel in more than 60,000 tons will be on beginning of March. Currently the average daily crude steel production is still at the level of 2.1 million tons or less. But if the situation is not conducive to the steel resumption of production, the situation will be changed, eventually re-production will not change much. The key factor in the market is still demand in this regard is the normal demand for the release can meet the actual level in March; it also depends whether the end user can accept the raised price after the Chinese New Year.

Overall, steel prices through the Festival and continuously pull up after Festival, it need to rest, and the price appropriate retracement is normal, of course, there is not exist a condition for retracement, so there is no need to panic in the market.

Want to know more price change? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. We are specialized in stainless steel product, steel billethot rolled steel, cold rolled steel etc. 

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After the Spring Festival, Chinese Billet Become Monkey King Break Through The Sky

After the Spring Festival, Chinese Billet Become Monkey King Break Through The Sky

This year is Monkey year in Chinese traditional Zodiac year. It seems that this Monkey year bring good news to Chinese steel market. Only within a few days after Spring Festival, Chinese billet market rose 13 USD /T. Investigate its rise for three reasons:

1.Blast furnace operating rate is low. Pre-holiday blast furnace maintenance more and blast furnace operating rate less than 85%. The average product more than 5% lower compared with last year.

2.Billet steel inventory is less. After Festival Chinese Billet market inventory is less than 60 0,000 tons. Billet market inventory is less than over 50% compared last year inventory.

3.The rolling plant raw material low inventory. Because Rolling Plant have holiday late, it increase output. Meanwhile, some companies lack of confidence in the market after Festival and did not fill the inventory timely, their inventory is relatively low. With downstream moderate replenishment, it makes the rolled material transactions volume rise. Particularly, the transaction for shape steel is comparatively good, and the market showing gains.

Although the blast furnace to resume production after the holiday phenomenon has increased, some part of the early manufacturers on the verge of collapse is expected to resume production. However, in the short term the demand is too concentrated, and the resumption of production of blast furnace is not an easy thing, Chinese billet market remains tight in short-term. The market is expected to continue pull up. But…..The problem comes up, inevitably some people begins cautious worried, will the Monkey King of Chinese billet break through the sky? In fact, some region billet is still loss in production for a long time, even though the immediate short-term raise can’t make some mills get rid of the shackles of losses. Spring blossoms, let the monkey of Chinese billet jumping tap for some time now, the steel industry has long been frozen and need such rising trends.

Want to know more? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. We are specialized in stainless steel product, steel billet,hot rolled steel, cold rolled steel etc.

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The Difference between 316 and 316L Stainless Steel

The Difference between 316 and 316L Stainless Steel

Stainless steel 316 has the performance of ultra-high heat-resistant,ultra-resistant,high strength, ultra-easy processing etc., what exactly difference between 316 and 316L? 316L stainless steel has a wide range of applications in the chemical industry because of its excellent corrosion resistance.316L stainless steel is also a derivative stainless steels of 18-8 austenitic, and it add 2% to 3% of Mo elements. On the basis of the 316L stainless steel, also derived from many kinds of steel, such as adding a small amount of Ti derived 316Ti, after adding a small amount of N derived 316N, increased Ni, Mo content derived 317L. Mostly 316L on the market is produced in accordance with American Standard. For cost reasons, the steel mills generally try to limit down Ni content.

According to American Standard provisions, Ni content of 316L is 10% to 14%. But the Japanese standard provides that, Ni content 316L is 12% to 15%. According to The minimum standard, American standard and Japanese standard have difference on the Ni content of 2%.it reflected in the price is still quite huge, so customers in the purchase of 316L product still need to see the product is in accordance with ASTM or JIS standard.

Mo content makes the 316L steel has excellent resistance to corrosion, it can be safely applied under the environment containing Cl- and other halide ions. Because 316L main application is its chemical properties, surface inspection 316L steel for the less demanding (relative to 304 stainless steel), the surface of demanding customers to strengthen the surface inspection. Because 316L and 304 have a considerable gap in price, some unscrupulous traders pretend 304 to be 316L for sale. Since the 304 stainless steel has no corrosion resistant, if perforation happens will cause leakage, which will cause major accidents in the chemical industry, it is recommended that customers purchase products that do the chemical composition analysis to ensure safety.

Currently on the market there is no a lot steel 316, the C content in 316 stainless steel is the upper limit of 0.08%, while the upper limit of C content in 316L stainless steel is 0.03%. Now that refining technology is very mature, steel mills can be good at lower the C content, while the market demand for 316 is not large, so generally steel mill only sell steel 316L.

316 and 316L due to different C content, there are gaps in performance. The higher C content more easily lead to intergranular corrosion. For example, when the welding time, Higher C content will also raise tensile and yield strength of 316 stainless steel.

 As can be seen from the above data, if the customer needs to stainless steel welding, we recommend using 316L. If don’t need to welding and have a higher strength requirements on stainless steel intensity, you can choose 316.

Want to know more? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. We are specialized in stainless steel product, steel billet,hot rolled steel, cold rolled steel etc.

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Steel Raw Materials Market to stabilize, Billet Steel Prices Inched Up Part

Steel Raw Materials Market to stabilize, Billet Steel Prices Inched Up Part

As of today, the main steel raw material spot market remained stable, the market price of billet steel section was up, the shipping market rose slightly.

National billet steel prices inched up portion, wherein the Tangshan region rose 20-30 RMB / Ton, steady elsewhere. It is understood that the majority of steel mills are still in the current holiday, where some manufacturers inventory is large, late billet market is not clear. With the return to work after the holiday, billet prices also rebounded synchronously.

Scrap steel market stays steady, some manufacturers continue to back the market, but rarely traded. It is understood that after the holiday opening, vendor operability is not strong, the market see steel market atmosphere, but not the actual transaction. It is expected that scrap market will remain weak and stabilizing in short-term.

Not only the billet steel market is up, also the same with shipping market.Dry bulk shipping market rose slightly, driven by rising Panamax vessels, all other ship were to continue to decline. Currently Brazil to China ocean freight $ 5.693 / ton, up $ 0.034 / ton (15-18 Million tons); Western Australia to China ocean freight $ 2.844 / ton, up $ 0.009 / ton (Million tons); South Africa to China US $ 3-4 / ton (15-18 Million tons); Iran to China 8.5-9.5 US dollars / ton (2-3 Million tons). Southeast Asia shipping activity deserted now shipping port in southern China to Indonesia US $ 2.5-3.5 / mt (7-8 million tonnes); US $ 3-4 / ton (5-6 Million tons).

Want to know more? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. We are specialized in stainless steel product, steel billet,hot rolled steel, cold rolled steel etc.

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Do You Know Billet Steel Basic Knowledge?

Do You Know Billet Steel Basic Knowledge?

Billet steel products are steel making furnace products obtained after casting. Billet steel from the manufacturing process can be divided into two types: die casting and continuously cast bloom, die casting now has been basically eliminated. From the shape, billet steel divided into two types:

1)    Slab Steel: The ratio of cross section width and height is bigger, mainly used for rolling steel plate.

2)    Billet Steel: Equal cross section width and height, or the difference is not big, mainly used for rolling section steel, wire rod.

Billet Steel Specifictaion:

ü  Billet Steel Standard: Billet Steel Q195, Billet Steel Q215, Billet Steel Q235, Billet Steel Q275, Billet Steel Q345, Billet Steel Q255

ü  Billet Steel Thickness range: 150-240mm +/- 5mm

ü  Billet Steel Width: 880-1530mm +/- 20mm

ü  Billet Steel Length: 3700-10000mm +/- 500mm

ü  Billet Steel Cross-sectional Dimension: 64 * 64; 82 * 82; 100 * 100; 124 * 124; 150 *150,160*160,165*165

ü  Billet Steel Length: 6000mm/9000mm/12000mm

ü  Billet Steel Section Tolerance: billet: + 1.0 / -2.0 ---- + 3.0 / -1.0mm slab: Width: +/- 2.0MM thickness: +/- 3.0MM

ü  Billet Steel Length tolerance: +/- 200MM

ü  Billet Steel Section Diagonal tolerance: 3.5-8.0MM

ü  Billet Steel Decapitation (shear) extended deformation: <1242MM billet: no control; slabs: <= 15MM

ü  Billet Steel Bending: Every length does not exceed 10MM per 1M

ü  Billet Steel Twist: length <= 5M, <= 11. ; Length <= 7.5M, <= 5.

ü  Billet Steel Material 3SP / PS chemical composition%: C Mn Si S P

 Want to know more? Please contact me freely. China National Building Materials Group Corporation is the full name of CNBM, which is one of the largest state-owned groups in China, and listed in the Fortune 500 Enterprises. We are specialized in stainless steel product, steel billet,hot rolled steel, cold rolled steel etc.

Related Reading:

Chinese Steel Market Price Analysis Before Spring Festival