HBIS increases domestic supply of ultra-low-temperature steel

Friday, 07 December 2018 11:47:15 (GMT+3)   |   Shanghai

In the January-October period of the current year, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group (HBIS) supplied 7,000 mt of ultra-low-temperature steel containing 3.5 percent nickel (3.5Ni steel) to 13 downstream users, which is three times as much as the supply volume last year, as announced by HBIS.

From 2008 up to the present, HBIS has supplied a total of 20,000 mt of 3.5Ni steel to downstream users. HBIS is the exclusive producer of this ultra-low-temperature steel in the domestic market.

EuniceOuyang
Eunice Ouyang
Editor

I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

Similar articles

CISA: China’s steel usage in H2 to exceed H1, imports to add 5 million mt in 2020

US scrap exporters attempt to push prices higher

US export scrap prices recover slightly but activity remains sparse

US scrap export market remains in lull

US export scrap prices drop despite increased activity

NASPD 2012 Annual Conference addresses major roadblocks to a sustained US recovery

Prices trend neutral for US domestic HDG

Ruggero Alocci: Scrap trade flow may change in the future

Itaminas to reduce iron ore production in Brazil, citing rising costs

US domestic scrap market sees bullishness; rumors out of ReMA Round Tables