Short - term demand for iron ore relatively exuberant stainless steel square tubing market impact
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According to data statistics in September, black commodity prices as a whole show the first inhibition followed by upward trend, September 21 the Federal Reserve interest rate policy landing is an important time node. On the one hand, due to the impact of weak international macro expectations before interest rate hike, the price of black commodities was under pressure on the whole. After the landing of interest rate hike, a window period of macro expectations was set aside, and the industrial logic took over the leading role of macro logic. On the other hand, before and after the National Day terminal steel stocking demand and steel replenishment demand for raw materials is exuberant, short-term terminal demand marginal strength to boost the overall valuation of black, iron ore demand is supported by steel production and replenishment demand. But on the whole, the marginal improvement of the volume of mainstream mines on the supply side; The profits of steel mills with long end of demand are weak, and due to the impact of crude steel pressure reduction policy, the space for molten iron production to continue to increase is limited, and the iron ore price is shown to follow the fluctuations of finished products.
On the supply side, from September 19 to 25, the global iron ore volume was 32.33 million tons, rising for three consecutive weeks and second only to the 33.39 million tons during the Australian mine rush at the end of June, among which the iron ore volume sent from Australia and Brazil to China hit the highest since the beginning of the year; Domestic mines, affected by the mining accident, Hebei iron ore production is limited, is expected to maintain a relatively weak supply state during the National Day and the 20th National Congress but the overall impact on iron ore supply is not big. Short-term quantity of iron ore to the port has already begun to rebound, after typhoon factor eliminate YaGang ship will translate into effective supply, short-term supply weak trend is expected to continue to improve, and the current medium-term supply in Australia, Brazil, the mainstream mines continue to rebound, the domestic iron ore supply short-term tensions or will improve and medium-term supply will continue to increase, The supply side of the iron ore price support strength marginal.
The jump in the price of nickel in London to its highest level in seven years has also had an impact on the stainless steel square tubing
The prospect of reduced supply has emerged in recent months as demand for stainless steel has improved as the aerospace and oil and gas industries have rebounded from the nadir of COVID-19 last year. The pandemic has led to a continued logistics downturn, with shipping congestion in the Atlantic, Pacific and Indian basins, making it harder for consumers to access raw materials such as nickel.
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Expectations of less nickel from Indonesia, a major supplier, also helped drive prices higher. The Southeast Asian country said last month it planned to ban or export semi-finished products used to make stainless steel to keep more stainless steel in the country and support a domestic industry focused on electric car batteries.
Indonesia has been reversing its policy since it first imposed a ban on unprocessed mineral exports in 2014, According to Allan Ray Restauro, a BloombergNEF analyst, in a report. In 2017, Exports were allowed again, but only by companies that own and operate smelters. The export ban was subsequently brought forward by two years, to 2020.
BloombergNEF expects nickel prices to remain above $18, 000 a ton, although the metal will continue to underperform copper and aluminum.
Wudenalloy offers high-quality Hastelloy, Incoloy®, Inconel®, Monel ®, duplex stainless steel
ickel and Other Alloys.
The global competitive landscape of
he stainless steel square tubing
Nickel alloy is mainly used in electronic and electrical products in the household field, and stainless steel square tubing is mainly used in TV manufacturing and household appliance manufacturing. The global nickel alloy market demand is increasing rapidly, and the development prospect is good. The nickel alloy strip processing industry is in the replacement stage of the old industry and new industry, and the market opportunity is good.
Once predicted copper alloy lead frame strip will completely replace nickel alloy lead frame strip situation, currently, through the market stainless steel square tubing screening classification, it shows that nickel alloy cannot completely replace, and has basically formed nickel alloy accounted for 20%, copper alloy accounted for 80% of the proportion. In recent years, with the miniaturization of integrated circuits, the application of nickel alloy strip is expanding due to their special properties.
Driving force of nickel-based allo
y material stainless steel square tubing
Take China as an example, the localization level of nickel-based alloy materials is low, so there is a great opportunity for the stainless steel square tubing. But so far, metal functional materials for the color tube are basically imported, and the localization rate of color tube materials is less than 10%, which provides development space for the development of China precision alloy industry. High precision alloy strip has been included in the high-tech projects encouraged by the state, so there will still be a large amount of nickel alloy strip for picture tube TV. Secondly, nickel-base alloy material is irreplaceable in the TV industry. The Color TV industry is one of the most marketized industries in the home appliance industry, even compared with any industry in the economic field. The disordered competition of low price strategy makes the color TV industry as a whole enter the era of low profit.
The price of nickel-base alloy stainless steel square tubing fluctuates greatly and becomes the main competition point
Nickel and nickel alloy strip as an important metal material has a strong ability to add value, with the development of the global economy for nickel alloy strip demand increasingly strong, product prices will fluctuate with the development of the market. Wudenalloy Co., Ltd., ISO 9001 certified, is the world leading supplier of corrosion-resistant and high-temperature resistant specialty materials, specializing in the production of nickel alloys for more than 10 years serving some of today most critical industries. Our team of experienced experts works with aerospace, petroleum, chemical, natural gas, heat treatment, power generation and related industries to provide efficient pipeline components and value-added services.
Wudenalloy offers high-quality Hastelloy, Incoloy®, Inconel®, Monel ®, duplex stainless steel
and other alloy materials. These materials can be made into bars, plates, pipes, flanges, valves, forgings and other forms to meet the needs of our customers.
Feel free to contact us. Wudenalloy is your trusted supplier of special alloy materials.
What are the industry requirements for stainless steel square tubing?
Pure nickel is generally used in chemical equipment corrosion resistant structural parts, precision instruments, electronic tubes and radio equipment parts and other fields, high purity nickel N4 in electrolytic, electroplating and other industries have a large demand, mainly for the wide medium-thick plates. Ultra-pure nickel is used in areas such as batteries.
Nickel-based superalloy has good resistance to high temperature, corrosion or some specific environment adaptability. Although the new increment of the nuclear power industry fluctuates greatly each year, it still maintains the trend of growth in the long run. In the nuclear power equipment manufacturing industry, the superalloy material stainless steel square tubing has an irreplaceable role due to its excellent characteristics of high-temperature resistance and high strength resistance and is mainly used in the nuclear island that undertakes nuclear reaction work.
Ti-Ni shape memory alloy is widely used in human heart stents, dental orthodontics and other fields. With the gradual deepening of r&d investment in the medical device industry, the technological innovation and material application of medical device products have developed rapidly. For shape memory alloy, the demand scale of high-tech materials such as stainless steel square tubing shows an obvious upward trend, while the demand scale of emerging industries such as aerospace, automobile and robot also shows a rapid growth trend.
stainless steel square tubing
has focused on the production and manufacture of nickel alloys for more than ten years. We are a principal worldwide supplier of corrosion-resistant alloy and other superalloy metals. We have a professional technical team and after-sales service, so we can offer high-quality Hastelloy®, Incoloy®, Inconel®, Monel®, Duplex Stainless Steel and other alloy material. These materials are available in bar, sheet&plate, pipe&tube, flange, forging, and other forms to meet the needs of our customers.
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feel free to contact us.
Wudenalloy is your trusted supplier of special alloy materials.