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2024 - 09 - 20

Outlook for the Second Half of 2024 Domestic Hot Rolled Strip Steel

Source: MY STEEL In 2024, the domestic hot-rolled strip and hot-coil production capacity has increased, and new production lines have been put into operation. Especially this year, the strip and hot coil capacity utilization rate has rebounded, the new production line production gradually released, the third and fourth quarters of high supply or will be maintained, but considering the annual production reduction indicators, it is expected that the second half of the strip capacity utilization rate or will decline slightly. This year, the front-end data of the real estate industry are 50-70% lower than the peak, the auto industry data is relatively acceptable, but the impact of anti-dumping factors in Europe and Canada and other countries, the second half of the automobile increment is limited, although there is a domestic match overseas demand and new energy demand, there is a certain growth in the direction of manufacturing investment, but the long-term trade surplus a...
2024 - 08 - 27

Development status and future trends of amorphous transformer industry in 2024

Development status and future trends of amorphous transformer industry in 2024 Source: China Economic Information Network The total number of tenders for China's power grid transformers is affected by a variety of factors, including national energy policies, electricity demand growth, the need for grid upgrades and renovations, and the promotion of high-efficiency energy-saving equipment. With the rapid development of China's economy and the advancement of urbanization, electricity demand continues to grow, which directly promotes the increase in the number of grid construction and transformer tenders. At the same time, the country's emphasis on energy conservation and emission reduction and policy support for high-efficiency energy-saving transformers, such as the promotion of amorphous transformers, have also promoted the expansion of transformer tenders. The proportion of China's amorphous transformers in power grid transformer tenders has shown an inc...
2024 - 08 - 21

Iraq expands finished steel and direct reduced iron production capacity

Source: World Metal GuidePublic investment in infrastructure construction supports the continuous improvement of Iraq's steel production capacity. Relevant data show that Iraqi steel producers increased their long rolling capacity by 12.3% in 2024.In March 2024, the Iraqi Basra State Steel Company (SCIS) put into operation a 500,000 tons/year rebar rolling plant in Khor Al-Zubair, which can produce Ø8-32mm rebar products, which means that the plant has resumed long product production. The plant was closed in 2003 due to local political tensions and lack of investment.At the same time, SCIS is advancing the renovation of a 500,000 tons/year steelmaking workshop, which includes a 70-ton electric arc furnace, a 70-ton LF furnace and a four-strand continuous caster for producing 150mm×150mm square billets. The new steelmaking unit will replace old equipment, but the company has not yet disclosed the specific commissioning date.Separately, Muhaj Baghdad has signed a contract w...
2024 - 08 - 06

Electrical equipment industry: amorphous motor, new energy vehicle application acceleration, 100 bil

Source: Oriental Wealth Securities The rapid development of the new energy automobile industry has put forward higher performance requirements for the drive motor, and one of the ways for the motor to improve the effective power density is to avoid high power output loss, which puts forward higher requirements for the motor materials, processes, software, packaging and other aspects. Amorphous strip is an ideal material for motor stator core. Amorphous strip is expected to become the main material of motor stator core. Amorphous alloy material has many advantages compared with non-oriented silicon steel. The core lies in low loss, energy saving and environmental protection. From the perspective of the car end, the replacement of amorphous motors helps the new energy vehicle to save energy by about 15%+.According to our industry research data, amorphous motors are smaller, lighter, and 1-2% more efficient than traditional motors, from 96% to 98%-99%. The applic...
2024 - 07 - 23

The steel price index is shown in the figure Email: jack@evergrowrs.com

Source: Lange Steel Network In the first half of this year, China's steel exports showed strong growth. According to customs statistics, China exported 53.4 million tons of steel from January to June 2024, a year-on-year increase of 24%. During the same period, the export value of mechanical and electrical products increased by 8.2%, accounting for 58.9% of the total export value; among them, the export of automatic data processing equipment and its parts increased by 10.3%, the export of automobiles increased by 22.2%, and the export value of ships increased by 91.1% year-on-year. According to preliminary estimates, China's indirect steel exports currently far exceed its direct exports. The total steel exports in the first half of the year (direct steel exports plus indirect steel exports) should be converted into crude steel of no less than 100 million tons.Can the strong growth of China's steel exports in the first half of the year continue in the second half o...
2024 - 07 - 03

TMC2024 Drive Motor Symposium

Source: Automobile society According to the consensus reached at the TMC drive motor symposium attended by more than 20 industry experts from vehicle, drive system, and motor companies earlier this year, key technological innovations for drive motors include rare earth motors, axial flux motors, new winding technologies, high-frequency insulation life assessment, efficient and innovative cooling solutions, lubrication and oil compatibility of oil cooled motors, axial corrosion suppression, and high-precision and high computational efficiency multi physics field coupling software. In addition, common cutting-edge technologies that require industry research include non heavy rare earth motors, new conductive and magnetic materials, high-frequency insulation failure mechanisms, solutions, and life prediction. The 16th Annual Conference on Automotive Power System Technology (TMC2024) Drive Motor Special Branch will be held in Qingdao from July 4th to 5th, and the speech mainly co...

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