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How to view the impact of price fluctuations of steel raw materials
Fluctuations in the price of raw steel materials have far-reaching effects on the economy and industry. Here are some of the main effects: Production costs: Fluctuations in steel prices directly affect the…
Morgan Stanley survey: Inflation and tariffs are expected to have the biggest impact on global markets this year
JPMorgan Chase’s annual survey of more than 4,200 institutional traders showed that the volatility in global financial markets caused by the US government’s new round of tariff war this week seems to…
Türkiye’s Hascelik steel plant to start production in April
Hascelik, a Turkish specialty steel producer, has announced that its €150 million steel mill has entered the final construction phase and is expected to be officially put into production in Bilecik in…
Indonesia’s steel industry exports increased by 18.23% in 2024
Data released by the Indonesian Central Statistics Bureau on the 15th showed that in December 2024, Indonesia had a trade surplus of US$2.24 billion, exports of US$23.46 billion, and imports of US$21.22…
Nippon Steel Corporation’s SuperCOURSE50 project achieves test furnace development goal ahead of schedule
This newspaper reported that on December 20, 2024, Nippon Steel officially announced that it had achieved a 43% reduction in carbon dioxide emissions through hydrogen reduction in the 12 cubic meter test…
Europe’s steel industry falters in decarbonization
The faltering of Europe’s steel industry in decarbonization is indeed a significant challenge, especially considering the EU’s ambitious climate goals. Steel production is one of the hardest sectors to decarbonize due to…
The difference between straight seam steel pipe and seamless steel pipe
The main difference between straight seam steel pipe and seamless steel pipe lies in their manufacturing processes and structural properties: In summary, straight seam steel pipes are welded and generally suited for…
Precision Pipes – High-Quality Pipes for Automotive, Machinery, and Hydraulic Systems
Citontek’s Precision Pipes: The Perfect Solution for High-Performance Applications Introduction:Precision pipes are essential in industries where accuracy, surface finish, and dimensional consistency are critical. Citontek Co., Ltd. offers a wide range of…
Hot Rolled Seamless Pipes – The Ultimate Solution for High-Pressure and Corrosive Applications
Why Citontek’s Hot Rolled Seamless Pipes Are Perfect for Demanding Industrial Environments Introduction:Hot rolled seamless pipes are an essential component in many industries that require strength, durability, and resistance to high pressures…
High Strength Pipes – Built for Heavy Industries and Extreme Conditions
Citontek’s High Strength Pipes: Built for the Toughest Industrial Environments Introduction:In industries such as steel production, mining, and construction, pipes must be able to withstand immense pressure, heavy loads, and extreme environments.…
Special-Shaped Steel Pipes – Custom Solutions for Unique Applications
Citontek’s Special-Shaped Steel Pipes: Tailored to Fit Complex and Demanding Projects Introduction:In industries where standard pipes are not sufficient to meet unique design and performance requirements, special-shaped steel pipes offer a customized…