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  • Prospects of the supply and demand situation of steel in the international market
    Feb 24 2022
    . The overall trend of global steel consumption
    According to data released by the World Steel Association (WSA), global steel consumption will reach 1.834 billion tons in 2021, an increase of 48.2 million tons or 2.7% year-on-year. Among them, China's 952 million tons, accounting for 51.9% of the global proportion, decreased by 54.7 million tons or 5.4% year-on-year; 882 million tons were excluded from countries and regions other than China, an increase of 103 million tons or 13.2% year-on-year. The double-digit growth in international markets contrasted sharply with the downward trend in China. It is predicted that the global steel consumption in 2022 will be 1.881 billion tons, an increase of only 0.4% year-on-year, far below the level of the previous year. Judging from the situation in the past 30 years, the engine driving the growth of global steel consumption has rapidly shifted to China, but the growth rate has changed from a deepening dependence on China to a trend of gradual loosening.
    . The changing characteristics of steel trade volume in the global market
    Affected by the new crown epidemic and geopolitical conflicts, the global steel trade volume has shown a further downward trend. According to the statistics of the World Steel Association (WSA), the global steel export volume (including finished and semi-finished steel products, the same below) will reach 400 million tons in 2020, a decrease of 40 million tons from the previous year and the fourth consecutive year of decline; The proportion dropped from 31.3% in 2016 to 22.9%, the lowest proportion in the past 30 years, and a cumulative drop of 8.4 percentage points.
  • Take you to understand all kinds of steel knowledge--1. Simple Section Steel
    Jan 17 2023
    Section steel has the most varieties in steel. There are many different sizes of sections of each shape. According to its section shape, it can be divided into two categories: simple section and complex section.
    1.Simple section profiles
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EAST CHINA STEEL

East China Steel (Shandong) Co.,Ltd. is a leading domestic private steel production enterprises, the company has passed the ISO9001 quality management system certification and CE certification. Our products are produced in strict accordance with American ASTM standards, Japanese JIS standards, German DIN standards, British BS standards and other standards. 

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