Answers

  • 0
  • 0

A further sharp rise in international oil prices will have a big impact on the manual slitting line market

If you are looking for high-quality products, please feel free to contact us and send an inquiry, email: brad@ihpa.net



China's oil prices are expected to rise for the fourth consecutive year after hitting an eight-year high

On March 2, the international oil price rose sharply due to the situation between Russia and Ukraine and other factors. The main brent and WTI contracts rose more than 7 per cent at one point to break through the $110 mark. In the domestic futures market, the main contract of Shanghai crude oil futures hit the daily limit of 7.99% after the opening half an hour, and continued to hit a new high since the listing.

Analysts' view: Behind the surge in international crude oil prices is the increased uncertainty in the energy market as Russia encounters sanctions. International oil prices have been rising, meaning that the next round of domestic refined oil price adjustment is likely to rise, oil prices may rise four times in a row this year. Rising oil prices will increase transportation costs, especially iron ore, a raw material that relies on imports for a large proportion, and prices may rise.

Iron ore futures prices surged, spot increases

On March 3, the spot price of iron ore in Qingdao Port rose sharply, 61%PB powder up 25 to 950 yuan/ton, 58% Australian powder up 25 to 840 yuan/ton, 62.5% Ba powder up 25 to 1065 yuan/ton, 65% Ba powder up 10 to 1160 yuan/ton; Tianjin port iron ore spot prices rose sharply, 61%PB powder up 30 to 965 yuan/ton, PB block up 30 to 1230 yuan/ton, 62.5% Ba powder up 30 to 1070 yuan/ton, 65% ba powder up 30 to 1180 yuan/ton. Futures market, iron ore prices rose more than 9 percent.

Analysts view: by the international iron ore supply tension, the comprehensive impact of rising transportation costs, iron ore prices have significantly increased today, the formation of support for steel costs, good short - and medium-term steel prices.

Steel processing industry - Current status of the manual slitting line

Growth in the construction, automotive and consumer manual slitting line has played a big role in providing the needed boost to the global steel processing industry. The global steel processing industry is projected to grow at a CAGR of 6.86% between 2020 and 2026. Alloy steel is the fastest-growing segment of the global steel processing market and is suitable for all applications. If you have any questions about the manual slitting line or want to seek our help. Send an email to info@txmachinery.net ,please feel free to contact us.

Metal and Steel Processing industry – the manual slitting line market demand

Market demand for steel processing is expected to grow by us $642.43 billion by 2020, with a CAGR of 2.16% from 2015 to 2020. Growth in the global construction, consumer electronics and automotive industries has played a huge role in providing the necessary momentum for the global steel processing industry after the economic slowdown of 2007-2009. In addition, the reduction of alternatives to steel has made steel an indispensable part of customers lives. The recovery of the global manual slitting line economy will also boost demand in the steel processing market.

The Asia-pacific region is expected to become the fastest-growing region in the steel processing market from 2015 to 2020. Major players in steel processing prefer agreements, contracts, joint venture and partnership strategies as well as expansion and investment to gain a larger share of the market. Leading manual slitting line providers of steel processed products and services are focusing on emerging countries that are expected to show potential for industrial development in the near future.

Metal and Steel Processing Industry - Future planning of the manual slitting line

The steel processing market is a highly fragmented one due to the huge demand for environmentally friendly products and changing technologies. Large companies rely on regional and local distributors to increase their market share and geographic distribution. The company is pursuing inorganic growth strategies such as acquisitions to respond to the growing demand for steel processing in key emerging markets. These strategies have helped the company build a larger customer and partner base in key manual slitting line markets.

The application needs of steel processing are constantly changing and manufacturers must continue to invest in RESEARCH and development and come up with innovative solutions.

Steel deep processing is the only way for the development of the manual slitting line steel industry. Chinas steel production is in the stage of oversupply, structural contradictions are: advanced production capacity and backward production capacity coexist; The shortage of high-end products and the surplus of low-end products coexist; Industrial concentration is poor.

Leading manufacturer of metallic processing machines, the manual slitting line supplier

Foshan Te Xiang Machinery Co., Ltd is a China leading manufacturer of metallic processing machines, including slitting line, cut to length line, stainless steel polishing line, ERW tube mill line, roll forming machines, embossing line and etc.

Thanks to the experience acquired in many years of business in the field of sheet metal processing, and the continuous collaboration with downstream manufacturers that demand reliability and the maximum productivity, we have developed various types of cut to length line machines for special applications, with solutions at the forefront of technology, and able to reduce the production costs of the end product. TX CTL line can be incorporated with air cushioned, bomb-door type stackers, computer controlled high-precision 4 HI and 6 HI levellers, edge trimmer and etc.

According to the dimensions, thickness of the material, and production capacity, TX cut-to-length cutting lines can be divided into various types:

1)start-stop shear CTL line;

2)flying shear CTL line;

3)rotary shears CTL line ;

4)trapezoidal shear CTL line;

5)heavy gauge CTL line;

6)flat bar cut to length line

If you have any questions about the manual slitting line or want to seek our help. Send an email to info@txmachinery.net ,please feel free to contact us.

Inquiry us

  • tags

SCR Thyristor: Principles, Characteristics and Maintenance of Semiconductor Switches

High Purity Chromium Chip Chromium Sheet Chromium Flake CAS 7440-47-3,99.95%

Metal Alloy 8.92g/Cm3 High Purity Polished Copper Plate

Metal Alloy 18.5g/cm3 Polished Tungsten Heavy Alloy Plate

High Purity Antimony Sulfide Sb2S3 Powder CAS 1314-87-0, 99.99%

Metal Alloy 18g/cm3 High Density Tungsten Alloy Ball

High Purity Molybdenum Boride MoB2 Powder CAS 12006-99-4, 99%

High Purity Nano Hafnium Hf powder CAS 7440-58-6, 99%

Metal Alloy High Density Tungsten Alloy Rod Grind Surface Tungsten Alloy Bar

High Purity Germanium Sulfide GeS2 Powder CAS 12025-34-2, 99.99%

High Purity Chromium Diboride CrB2 Powder CAS 12007-16-8, 99%

High Purity Tungsten Silicide WSi2 Powder CAS 12039-88-2, 99%

High Purity Titanium Sulfide TiS2 Powder CAS 2039-13-3, 99.99%

High Purity 3D Printing Powder 15-5 Stainless Steel Powder

High Purity Nano Ag Silver powder cas 7440-22-4, 99%

High Purity Silicon Sulfide SiS2 Powder CAS 13759-10-9, 99.99%

High Purity Zirconium Nitride ZrN Powder CAS 25658-42-8, 99.5%

Supply Magnesium Granules Mg Granules 99.95%

High Purity 3D Printing 304 Stainless Steel Powder

High Purity Colloidal Silver Nano Silver Solution CAS 7440-22-4

Our Latest Products

SCR Thyristor: Principles, Characteristics and Maintenance of Semiconductor Switches

A brief introduction to thyristorsA thyristor is a powerful electronic device. It is a three-terminal component composed of four layers of PNPN semiconductor materials. Its forward working voltage is equal to the reverse breakdown voltage. This is re…

Metal Alloy 8.92g/Cm3 High Purity Polished Copper Plate

Copper products exhibit good electrical conductivity as well as thermal conductivity. They are also ductile, resistant to corrosion, and have a high wear resistance. They are widely used by the electricity, electronics and energy industries. Metal…

Metal Alloy 18.5g/cm3 Polished Tungsten Heavy Alloy Plate

Tungsten alloy heavy plate has low thermal expansion. It is also known for its high density, high radiation absorption, and high electrical and thermal conductivity. It is used widely in the aerospace and military industries. About Metal Alloy 18.5…