(4140 precision steel flat bar)

Today we will offer the latest steel news for you.

B： In July this year, iron ore production in China came to 79.929 million mt. The prices indicated a further sharp decrease in August amid the central government’s target to decrease crude steel output and also amid significant decreases in ferrous metal futures prices.

A： According to final census data from the US Department of Commerce, US imports of the light-shaped bar (merchant bar) totaled 16,784 mt in June 2021, down 3.6 percent from May. The US imported the most merchant bar from Mexico in June, with 8,956 mt. Other top sources of imported merchant bar in June include Canada, with 7,307 mt.

B： Turkey-based Tosyalı Demir Çelik Sanayi has stated that the fourth phase of the investment at its Algeria-based subsidiary Tosyalı Algerie is continuing. When all the phases are completed at Tosyalı Algerie, the production capacity will reach 8.5 million mt of flat and long products, including 7.5 million mt from its integrated mining plant.

A： According to the EUROFER report, demand from the construction industry will recover, whereas tube demand from the automotive and engineering industries is forecast to remain less strong, even if these industries restore their production activity to high historical levels and supply chain disruptions are ultimately resolved.

B： Brazilian steel exports in January-July totaled 6.2 million mt in volume, 10.5 percent down, year-over-year.

Brazilian steel imports in January-July reached 3 million mt in volume, 154 percent up, year-over-year.

By the way, for 4140 steel, we can supply the 4140 precision steel flat bar, round bar, and plate.

B： Rectangular pieces can be cut from flat bar or plate to your specific sizes.

B： Today’s news push is finished. If you want to know more, you can visit our website：www.otaisteel.com

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