News

  • 0
  • 0

European steel prices or continued rise may also have a certain impact on the steel coil slitting line machine

According to Mysteel, the recent European hot coil prices continue to soar, as of today, the mainstream hot coil S235JR quoted at 1300 euros/ton (1418 DOLLARS) EXW, the price is more than the similar products in the United States about 100 dollars/ton.

Turkish steel prices have surged as European buyers have increased their purchases of steel from the Middle East due to the blocking of Ukrainian and Russian steel exports to Europe. In addition, According to Mysteel, Russia is the world's third largest coal exporter, about 50% of eu coal imports from Russia, most of which are shipped to Germany, thermal coal accounted for a large proportion. "Although there is currently no EU embargo on Russian coal, the market panic is so severe that electricity prices in Italy more than doubled in March compared to the same period last year," an Italian short-process mill told Mysteel. "Europe could consider increasing coal imports from Australia, but the slow growth in coal production, coupled with shipping schedule and shipping routes, will not ease the short term thermal coal supply constraints in Europe."

According to data released by the World Steel Association, Europe accounts for about 42% of eAF steel production, and high electricity prices have forced European steel mills to raise prices to protect profits. After ArcelorMittal raised its hot coil selling price by 180 euros/ton in early March, other steelmakers followed suit and European steel prices are expected to continue rising until the russia-Ukraine conflict is eased.

Steel processing industry - Current status of the steel coil slitting line machine

Growth in the construction, automotive and consumer steel coil slitting line machine 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 steel coil slitting line machine 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 steel coil slitting line machine 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 steel coil slitting line machine 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 steel coil slitting line machine 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 steel coil slitting line machine

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 steel coil slitting line machine 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 steel coil slitting line machine 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 steel coil slitting line machine 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 steel coil slitting line machine or want to seek our help. Send an email to info@txmachinery.net ,please feel free to contact us.

Inquery us

  • tags

Our Latest News

Global pce powder market trend 2024-2027 Polycarboxylate superplasticizer advantages by Newsjatujakguide

Polycarboxylate superplasticizer is based on unsaturated polymerizable monomers with active groups such as carboxyl group, sulfonic acid group, hydroxyl group and polyoxene group as raw materials.…

Global graphene powder market trend 2025-2028 Graphene bags significantly reduce platinum requirements for hydrogen fuel cells by Newsjatujakguide

Although hydrogen fuel is a promising alternative to fossil fuels, the catalyst it relies on for power generation is mainly composed of rare and expensive metal platinum, which limits the wide commercialization of hydrogen fuel.…

Global pce powder market trend 2022-2030 Development of polycarboxylate superplasticizer by Newsjatujakguide

According to the different molecular structure, it can be divided into four generations of polycarboxylate series superplasticizer, the first generation is acrylic acid copolymer, the second generation is propylene ether type, the third generation is…