The long steel sector, a key component of the larger steel industry, is currently shaped by several discernible trends. The demand for long steel products is on the rise, given their extensive usage in infrastructure projects globally, including transportation, building and constructions. Armouring of vehicles and naval craft also contribute...
Discover more insightsSuperalloys, also known as high-performance alloys, bear unmatched significance within technological advancements and structural applications. These complex, high-performance materials demonstrate exceptional mechanical strength, resistance to thermal creep deformation, strong surface stability and resistance to corrosion or oxidation. Often used in high-requirement fields—such as the aerospace, energy, or automotive industries—they propel...
Discover more insightsDirect Reduced Iron (DRI) is an iron source used in the production of steel. It is produced by reducing iron ore with natural gas, creating a highly pure form of iron. This approach offers a significant transformation in traditional steel manufacturing process, owing largely to its less carbon-intensive nature and...
Discover more insightsRecently, the iron and steel industry has seen some significant movements. Technological advancements have played a pivotal role in transforming traditional production processes, enhancing efficiency and product quality. With the advent of the Fourth Industrial Revolution, digital technologies, such as Artificial Intelligence and Internet of Things, are becoming prevalent within...
Discover more insightsChanges within the sector of drawing steel wires have been significant over past years. Driven by technological advancements, the industry has witnessed an acceleration in its pace of automation and digitization. Enhanced production methods have resulted in more efficient and less labor-intensive processes. This shift has further enabled a lower...
Discover more insightsCarbon steel, an alloy of iron and carbon, is renowned for its strength and durability, which make it a material of choice across a range of industries. Predominantly, construction and industrial sectors employ carbon steel in building infrastructures, machinery, and equipment. It's appreciated in automotive manufacturing for key components, sustaining...
Discover more insightsA key material in enhancing the operational efficiency of various electrical equipments such as transformers and motors, electrical steel is typically on a demand growth path. It is precisely because of its indispensable role in power infrastructure that electrical steel demand may surge. Tellingly, the push for renewable energy, aligned...
Discover more insightsThe global demand for electrical steel has seen a steady increase, spurred predominantly by the rise in the power and energy sector. This demand is catalysed by the call for more efficient energy use and decrease in energy losses during transmission, facilitated by the superior magnetic properties electrical steel offers....
Discover more insightsIn the current panorama of the industrial metals sector, the global iron and steel market presents a dynamic landscape. Rapid urbanisation and industrialisation in developing nations, primarily in Asia-Pacific region, are driving an augmented demand for iron and steel. Evolution of technologies, such as the incorporation of artificial intelligence and...
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