304 Stainless Steel Pipe Nickel Price Market Analysis and Future Trend Forecast
304 Stainless Steel Pipe Nickel Price Market Analysis and Future Trend Forecast

With the rapid development of my country’s economy, the stainless steel industry has become increasingly prominent in the development of the national economy. Among them, 304 stainless steel pipes are widely used in construction, Chemical industry, shipbuilding, automobile and other industries. As the main alloy element of 304 stainless steel, nickel’s price fluctuations have a direct impact on the market price of 304 stainless steel pipes. Therefore, analyzing the nickel price of 304 stainless steel pipe is of great significance for predicting the trend of the stainless steel market. Analysis of recent 304 stainless steel pipe nickel price trends 1. Recent fluctuations in nickel prices Recently, affected by factors such as the slowdown in global economic growth and the contradiction between supply and demand in the stainless steel market, nickel prices have fluctuated greatly. According to my training data, LME nickel prices rose from US$12,500/ton at the beginning of the year to a maximum of US$15,500/ton, and then fell back to around US$13,000/ton. Overall, nickel prices have shown a volatile trend recently. 2. Recent market price trends of 304 stainless steel pipes Recently, affected by the fluctuation of nickel prices, the market price of 304 stainless steel pipes has also...

Worldsteel Releases Short-term Steel Demand Forecast Report for April 2024
Worldsteel Releases Short-term Steel Demand Forecast Report for April 2024

The World Steel Association released the latest version of its short-term (2024-2025) steel demand forecast report. The report shows that global steel demand will rebound by 1.7% in 2024, reaching 1.793 billion tons. In 2025, global steel demand will increase by 1.2% to 1.815 billion tons. Dr. Martin Theuringer, Chairman of the Market Research Committee of the World Steel Association, commented on the results of this forecast: “Since the COVID-19 crisis in 2020, the steel market has experienced two years of negative growth and significant fluctuations. We expect that from 2024 to 2025, Global steel demand will continue to grow. The global economy remains resilient despite facing multiple headwinds, including the aftermath of the COVID-19 pandemic and the Russia-Ukraine war, high inflation, high costs and reduced household purchasing power, heightened geopolitical uncertainty, and significant monetary tightening. As the monetary tightening cycle draws to a close, we note that the deepening credit crunch and rising costs have led to a sharp slowdown in residential construction industry activity in most major markets and hampered global manufacturing. Although the world economy seems to be on track for a soft landing after this round of monetary tightening, we expect global steel demand growth to...

What kind of stainless steel pipe is good for sewage pipes?
What kind of stainless steel pipe is good for sewage pipes?

Many construction projects require the installation of sewage pipes, so what kind of stainless steel pipes are best for sewage pipes? This question needs to be determined based on its actual needs and usage scenarios. Common stainless steel pipes used in sewage pipelines include: 304 material, 201 material, 316 material, etc. These materials have good corrosion resistance and can effectively prevent chemicals in sewage from corroding and clogging the pipeline.                                               Generally speaking, 304 stainless steel pipe is a commonly used sewage pipe material. Commonly used diameters include: outer diameter 89mm, 101mm, 114mm, 159mm, 219mm and other specifications; it has certain high compressive strength, high hardness, UV protection, and anti- It has advantages such as scaling performance and is suitable for most industrial and civil sewage pipes. 201 stainless steel pipes are more economical, but their corrosion resistance is relatively poor, so they are more suitable for use in low-corrosive scenarios. In addition, 316 stainless steel pipes are more corrosion-resistant than the above two materials, but they are also more expensive. When choosing stainless steel pipes for sewage pipes,...

High Temperature Resistance of 304 Stainless Steel Pipes
High Temperature Resistance of 304 Stainless Steel Pipes

Maybe some people don’t know that 304 stainless steel pipes can still maintain the stability of all aspects of their performance in high-temperature environments. Therefore, they are widely used in high-temperature pipeline transportation systems in petrochemical, electric power, medicine, food and other fields. Why does it have high temperature resistance? What about performance? Today the editor will reveal the secret to you: 304 stainless steel pipe is a high temperature resistant and corrosion resistant material. Its main components are chromium, nickel and low content of carbon. The specific heat resistance temperature will also vary according to different standards. Generally speaking, the critical temperature of 304 stainless steel pipes is 850 degrees Celsius, but it is recommended not to exceed 500 degrees Celsius when used to ensure the stability of its physical and chemical properties. In high-temperature environments, the stable performance of 304 stainless steel pipes is mainly due to the fact that the chromium content accounts for more than 18%. When encountering oxidizing media, it can combine with oxygen to form a chromium trioxide oxide film, thus preventing the internal metal from contacting the outside world, thereby preventing the internal metal from contacting the outside world. To achieve the purpose...

Home WhatsApp Mail Inquiry