X Close
Your Responsible Supplier Partner for Oil and Gas Products.
Support & Sales +852 8191 1516 / +852 3678 9953
Support & Sales [email protected]

Policies and News

Venezuela and China have $2.8 Billion Financing Agreement in June, 2017

Ricardo Menendez, Venezuelan planning minister, stated Venezuela and China had a $2.8 billion financing agreement, to improve oil production capacity. This agreement will make the joint project to increase 325 thousand barrels per day. Venezuela and China also evaluated the port construction project in the Eastern Venezuela, a storage capacity of 20 million barrels. According […]

Ream More

Japan Steel Shall be Affected by US Limits Imported Steel

Commerce Secretary Ross has announced that it will consider making restrictions on imported steel and impose high tax. The Japanese media reports that US Department of Commerce consider that a large number of imported steel products: oil and gas steel pipe, hot and cold rolled steel coil, and other products have make a threat to national […]

Ream More

United States Will Make an Investigation on Dumping Steel of China 2017

Trump will make an investigation on dumping steel of China after the meeting between Chinese President and US President. And he will launch the first batch of specific policies for the trading business with China. Government of Trump is try to activate the previously policy. Trump have signed two executive policies on April 1st, 2017. The policies demanding to investigate the US […]

Ream More

Flat and Long Steel Products Exported to Latin America Increased in March 2017

Flat steel products and long steel products exported to Latin America increased 8%. The average price increased 33% in January to March of 2017. China exported steel products reduced 26% than the same time last year From January to March, China has exported steel 20.2 million tons worldwide, reduced 26% than the same time of […]

Ream More

Steel Enterprise Manufacturer Should Adjust Procurement Policy

The northern area has not already returned to work after the spring festival, steel product price has gradually risen. On February 15th 2017, the spot price of three-level steel rebar rise 220 CNY to 3450 CNY per ton after spring festival in Shanghai. With the steel price fluctuation, the imported ore price increased 50 NY […]

Ream More

China Have a Long Way to Go to Cut Steel Capacity

It is always a major topic for China to cut steel capacity, China will ban the low steel and make sure to prevent the steel market into a mess. Chinese steel products price increased because of the reducing capacity policy. Cut steel capacity still have a long way to go. And because of the reduce of the […]

Ream More

Latin-America is a Big Importer for Chinese Steel Products

Latin-America is a significant region that imported Chinese steel products. In recent years Latin-America was experienced faster growth in steel demand. Latin-America import 7.4 million mt at 2014, increased a lot than 2013. According the data from Latin-American Steel Association, from January to November of 2014, China have exported steel products over 7,400,000.00 mt to […]

Ream More

Oil and Gas Market Reform Was Inevitable in China

On December 7th, West-east pipeline start to work with the third party. China National Petroleum Corporation (CNPC) sign a framework agreement with Guanghui energy. Guangghui Energy is currently the only one private energy enterprises, with “coal, oil, gas,” three kinds of resources at the same time. The cooperation way is that west east pipeline company […]

Ream More

China Steel Plate Manufacturer Start to Make Money

China Steel plate manufacturer showed positive changes in the operation with the effective promotion of steel reducing capacity, Steel plate price rebounded, such as API steel plate, carbon steel plate  price and so on. The whole steel plate manufacturer turned from deficits to profit this year. Deputy secretary of the national development and reform commission said on 25th […]

Ream More