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Weathering steel, often referred to by the genericised trademark COR-TEN steel and sometimes written without the hyphen as corten steel, is a group of steel alloys that form a stable external layer of rust that eliminates the need for painting. U.S. Steel (USS) holds the registered trademark on the name COR-TEN. [1]
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
By 2008 raw materials such as Iron ore prices grew and China had to reluctantly agree to price increases by the three largest iron ore producers in the world; BHP, Rio Tinto and Vale. [4] During the 2007–2008 financial crisis , the Chinese steel mills won price reprieves as demand from their customers slowed.
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (Chinese: 河北钢铁集团有限公司). [ 2 ] Hesteel Group is the second-largest steel producer in the world measured by crude steel output (after European-Indian conglomerate ArcelorMittal ) in 2015, according to the World Steel Association (Chinese ...
Chongqing Iron and Steel Company Limited (SEHK: 1053,SSE: 601005), or CISC is an iron and steel manufacturing state-owned enterprise in Chongqing, China. Formerly " Hanyang Iron Plant" in Wuhan , it was established in 1890 during the Qing dynasty by Zhang Zhidong , the governor of Hu-Guang Area (now separately Hubei , Hunan and Guangdong ).
Traders expect prices to climb above $40,000 a ton following China's ban amid an ongoing global supply shortage. "We have already sold some small quantities for $40,000," a minor metals trader in ...
It is the largest steel maker in Western China. [1] It is also the largest vanadium product manufacturer in China, and the second largest in the world. [2] It has three subsidiaries listed on the Shenzhen Stock Exchange and they are Panzhihua New Steel and Vanadium (SZSE: 000629), Changcheng Special Steel (SZSE: 000569) and Chongqing Titanium ...