stainless steel 316 and its application 316 stainless steel is used for a variety of applications. It is well-known as a chemically pure steel, in addition to its mechanical and magnetic properties. It is also utilized for welding, and similar proce…
What's the meaning of 316 Stainless Steel? It is common to add alloys to steel to improve the desired properties. This stainless steel grade is marine, known as Type 316, is resistant to certain types of corrosion-prone environments. There are many…
Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.Brent crude futures…
Risk aversion plunged on the positive news of the Russia-Ukraine talks. After several days of rising oil prices, the price of precious metals continued to fall. Domestic futures markets remain stable for the time being.Back in international markets,…
Recently, the EU proclaimed new sanctions on Russia, including coal, timber, rubber, cement, and fertilizer, as well as high-end seafood 316L stainless steel powder. 316 Stainless SteelAlloys are often added to steel to increase the desir…
Guotai Junan released a research report saying that under the background of carbon neutrality, the scarcity of coal mines is prominent, and the value of assets will continue to increase. The high point of capital expenditure in the coal industry appe…