# Guangdong Grand Metal Material Co., Ltd | water ripple stainless steel sheets,stainless steel water ripple,water ripple effect stainless steel ceiling, hammered stainless steel sheets,hammered stainless steel sheet metal,hammered texture stainless steel sheet, embossed stainless steel,Textured stainless steel,Decorative Stainless Steel Sheet, 

## summary
> Brands: Grand Metal, Guangdong Grand Metal Material Co., Ltd., establishes a large stainless steel comprehensive service platform integrating international trading, proces, Established in 2018, Employees: 301 -~500 People, Annual sales: 100000000-200000000, Export ratio: 50% - 60%, Primary markets: North America, South America, Western Europe, Eastern Europe, Eastern Asia, Southeast Asia, Middle East, Africa, Oceania, Worldwide.

## Company Information

 *  [Company Profile](https://www.sunraysteel.com/aboutus.html): Overview, history, teams and core capabilities.
 *  [Factory & Manufacturing](https://www.sunraysteel.com/factory.html): Production capacity, OEM/ODM capabilities, and R&D strength.
 *  [Quality Control](https://www.sunraysteel.com/quality.html): ISO certifications, quality standards, and compliance.
 *  [Contact Us](https://www.sunraysteel.com/contactus.html): Global offices, inquiries, and support channels.

## Product Category

* [Water Ripple Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4112979-water-ripple-stainless-steel-sheet): Keywords: Water Ripple Stainless Steel Sheets,Stainless Steel Water Ripple,Water Wave Stainless Steel.
* [Embossed Stainless Steel Sheet](https://www.sunraysteel.com/supplier-466884-embossed-stainless-steel-sheet): Keywords: Embossed Stainless Steel Plate,Texture Stainless Steel Sheet,Decorative Embossed Metal Sheets.
* [Textured Stainless Steel Sheet](https://www.sunraysteel.com/supplier-467813-textured-stainless-steel-sheet): Keywords: Textured Finish Stainless Steel,Embossed Stainless Steel Sheet,Textured Sheet Metal.
* [Etched Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4112978-etched-stainless-steel-sheet): Keywords: Chemical Etching Stainless Steel Sheet,Etching Stainless Steel,Etching Sheet Metal.
* [Antique Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4430301-antique-stainless-steel-sheet): Keywords: Antique Brass Sheet Metal,Brushed Bronze Stainless Steel,Antique Copper Stainless Steel.
* [Brushed Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4112977-brushed-stainless-steel-sheet): Keywords: Hairline Stainless Steel Sheet,No 4 Finish Stainless Steel,Stainless Steel Vibration.
* [Mirror Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4112976-mirror-stainless-steel-sheet): Keywords: Mirror Finish Stainless Steel,No.8 Finish Stainless Steel,Mirrored Stainless Steel.
* [Hammered Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4430319-hammered-stainless-steel-sheet): Keywords: Hammered Metal Sheet,Hand Hammered Stainless Steel,Hammered Texture Sheet Metal.
* [Laminated Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4430320-laminated-stainless-steel-sheet): Keywords: Stainless Steel Laminate Sheets,Stainless Steel Laminate,Laminated Stainless Steel Plate.
* [Polishing Pattern Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4430321-polishing-pattern-stainless-steel-sheet): Keywords: Polished Pattern Stainless Steel Sheet,Polished Pattern Metal Sheet,3D Laser Stainless Steel Sheet.
* [Anti-fingerprint Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4430322-anti-fingerprint-stainless-steel-sheet): Keywords: Fingerprint Resistant Stainless Steel,Anti Fingerprint Coating Stainless Steel,No Fingerprint Stainless Steel.
* [Anti-scratch Stainless Steel Sheet](https://www.sunraysteel.com/supplier-4430323-anti-scratch-stainless-steel-sheet): Keywords: Scratch Resistant Stainless Steel,Stainless Steel Kitchen Countertops,Scratch-Proof Stainless Steel Sheet.
* [Perforated Stainless Steel Sheet](https://www.sunraysteel.com/supplier-467819-perforated-stainless-steel-sheet): Keywords: Stainless Steel Perforated Sheet,Stainless Steel Perforated Plate,Perforated Metal Sheet.
* [Stainless Steel Checkered Plate](https://www.sunraysteel.com/supplier-4430326-stainless-steel-checkered-plate): Keywords: Anti Slip Stainless Steel Plate,Stainless Steel Checkered Sheet,Stainless Steel Floor Plate.
* [Stainless Steel Mosaic Tile](https://www.sunraysteel.com/supplier-467817-stainless-steel-mosaic-tile): Keywords: Mosaic Stainless Steel Tiles,Mosaic Stainless Steel,Metal Mosaic Tile.
* [Stainless Steel Tile Trim](https://www.sunraysteel.com/supplier-467816-stainless-steel-tile-trim): Keywords: Stainless Steel Trim,Decorative Stainelss Steel Trim,Stainless Steel Profile.
* [Cold Rolled Stainless Steel Coil](https://www.sunraysteel.com/supplier-466885-cold-rolled-stainless-steel-coil): Keywords: Stainless Steel Coil Factory,Cold Rolled Stainless Steel Strip,304 Stainless Steel Coil.
* [Cold Rolled Stainless Steel Sheet](https://www.sunraysteel.com/supplier-466886-cold-rolled-stainless-steel-sheet): Keywords: Cold Rolled Sheet Metal,Cold Rolled Stainless Steel Plate,304 Stainless Steel Sheet.
* [Stainless Steel Strip](https://www.sunraysteel.com/supplier-466888-stainless-steel-strip): Keywords: Stainless Steel Metal Strips,Stainless Steel Strip Coil,304 Stainless Steel Strip.
* [Color Stainless Steel Coil](https://www.sunraysteel.com/supplier-466883-color-stainless-steel-coil): Keywords: Colored Stainless Steel Coil,PVD Color Stainless Steel Coil,Stainless Steel Color.

## Featured Products

* [Custom Designs DIY Textured Hammered Metal Sheet Handcrafted Hammered Stainless Steel Sheet](https://www.sunraysteel.com/sale-14381029-custom-designs-diy-textured-hammered-metal-sheet-handcrafted-hammered-stainless-steel-sheet.html): Keywords: hammered stainless steel sheets,hammered stainless steel sheet metal,hammered texture stainless steel sheet.
* [SS 201 304 316 Grade Sheet 3D Laser Texture Color Stainless Steel Sheet Polished Pattern Metal Sheet](https://www.sunraysteel.com/sale-14381027-ss-201-304-316-grade-sheet-3d-laser-texture-color-stainless-steel-sheet-polished-pattern-metal-sheet.html): Keywords: laser pattern stainless steel sheet,3D Laser Stainless Steel Sheet,Polished Pattern Stainless Steel Sheet.
* [Custom Texture Antique Copper/Brass/Bronze Retro Art Design Antique Stainless Steel Sheet](https://www.sunraysteel.com/sale-14381015-custom-texture-antique-copper-brass-bronze-retro-art-design-antique-stainless-steel-sheet.html): Keywords: Antique Stainless Steel Plate,Stainless Steel Antique Copper Sheets,Stainless Steel Sheet Antique Finish Sheet.
* [ASTM 304 316 Decorative Metal Sheets Hairline #4 Finish PVD Color 4x8 Brushed Stainless Steel Sheet](https://www.sunraysteel.com/sale-14381040-astm-304-316-decorative-metal-sheets-hairline-4-finish-pvd-color-4x8-brushed-stainless-steel-sheet.html): Keywords: brushed stainless steel sheets,304 stainless steel sheet #4 brushed finish,brush finish stainless steel sheets.
* [Super Polished Mirror Decorative Panel 6K/8K/10K/12K No 8 Mirror Finish Stainless Steel Sheet](https://www.sunraysteel.com/sale-14381055-super-polished-mirror-decorative-panel-6k-8k-10k-12k-no-8-mirror-finish-stainless-steel-sheet.html): Keywords: mirror stainless steel sheet,gold mirror stainless steel sheet,8k stainless steel sheet.
* [High Quality SS 304 316 Decorative Metal Sheets Customized Design Pattern Etched Stainless Steel Sheet](https://www.sunraysteel.com/sale-14380823-high-quality-ss-304-316-decorative-metal-sheets-customized-design-pattern-etched-stainless-steel-she.html): Keywords: etched stainless steel sheets,etching stainless steel sheet,stainless steel etched sheet.
* [Factory Price 201 304 316 Stamped Finish Water Ripple Stainless Steel Sheet For Ceiling Panel and Wall Cladding](https://www.sunraysteel.com/sale-14381121-factory-price-201-304-316-stamped-finish-water-ripple-stainless-steel-sheet-for-ceiling-panel-and-wa.html): Keywords: water ripple stainless steel sheets,stainless steel water ripple,water ripple effect stainless steel ceiling.
* [AISI 304 316 Decorative Metal Panels Textured Finish Embossed Stainless Steel Sheet](https://www.sunraysteel.com/sale-14380911-aisi-304-316-decorative-metal-panels-textured-finish-embossed-stainless-steel-sheet.html): Keywords: embossed stainless steel,Textured stainless steel,Decorative Stainless Steel Sheet.
* [Brushed Hairline Stainless Steel Sheet Decorative Plates 304 201 430 hl 0.28mm](https://www.sunraysteel.com/sale-36647027-brushed-hairline-stainless-steel-sheet-decorative-plates-304-201-430-hl-0-28mm.html): Keywords: Brushed Hairline Stainless Steel Sheet,Hairline Stainless Steel Sheet 0.28mm,Brushed 201 Stainless Steel Sheet.
* [Mirror 8K Finish 201 304 316L Stainless Steel Sheet For Interior Decoration](https://www.sunraysteel.com/sale-37538392-mirror-8k-finish-201-304-316l-stainless-steel-sheet-for-interior-decoration.html): Keywords: Mirror 316L Stainless Steel Sheet,Mirror 8K Stainless Steel Sheet.

## Case Studies & Applications

* [Jio Mall India](https://www.sunraysteel.com/cases/jio-mall-india-19021.html)
* [Dubai Frame](https://www.sunraysteel.com/cases/dubai-frame-4249.html)
* [Guangzhou Baiyun Airport](https://www.sunraysteel.com/cases/guangzhou-baiyun-airport-19019.html)
* [Hotel in Mauritius](https://www.sunraysteel.com/cases/hotel-in-mauritius-19020.html)
* [Canada Mosque](https://www.sunraysteel.com/cases/canada-mosque-19022.html)

## FAQ

Q: Why Create Anti-Fingerprint Stainless Steel Sheets and What Are Their Advantages?
A:   
1. What is Anti-Fingerprint Stainless Steel? 
  
Anti-fingerprint stainless steel is a type of stainless steel material processed through special techniques to reduce or eliminate the occurrence of fingerprints and stains on the surface. This processing technology usually involves coating a thin nano-layer on the stainless steel surface to impart anti-fingerprint properties. 
  
  
Anti-fingerprint stainless steel improves upon the shortcomings of traditional stainless steel, offering various practical and aesthetic advantages to meet the diverse needs of modern life and industry. With continuous technological advancements, anti-fingerprint stainless steel will be widely used in more fields, becoming an indispensable material. 
  
  
  
  
2. Why Create Anti-Fingerprint Stainless Steel Sheets? 
  
Meeting Aesthetic Needs 
  
Modern living and working environments demand high aesthetic standards. Traditional stainless steel surfaces easily show fingerprints and grease, affecting their appearance. Anti-fingerprint stainless steel sheets, through special treatment, can maintain cleanliness and shine for a long time. 
  
Reducing Cleaning and Maintenance Costs 
  
In public and home environments, frequent cleaning and maintenance consume significant manpower and time. The easy-to-clean properties of anti-fingerprint stainless steel sheets can significantly reduce the frequency and difficulty of cleaning, thus lowering maintenance costs. 
  
Enhancing User Experience 
  
For household appliances, electronic products, and other frequently touched devices, anti-fingerprint stainless steel sheets can prevent the accumulation of fingerprints and stains, improving the user experience and satisfaction. 
  
Increasing Product Competitiveness 
  
The use of anti-fingerprint stainless steel sheets can enhance the added value of products, increase market competitiveness, and meet consumers' demand for high-quality, high-performance products. 
  
  
  
  
  
3. Advantages of Anti-Fingerprint Stainless Steel Sheets 
  
Strong Anti-Fingerprint Performance 
  
Treated with a nano-coating, anti-fingerprint stainless steel sheets can effectively prevent the attachment of fingerprints and grease, keeping the surface clean and beautiful. 
  
Easy to Clean 
  
The smooth surface of anti-fingerprint stainless steel sheets makes it difficult for stains to adhere, requiring only a simple wipe for cleaning, greatly reducing the complexity and frequency of cleaning tasks. 
  
Corrosion Resistance 
  
The special surface treatment not only prevents fingerprints but also enhances the corrosion resistance of the stainless steel sheets, allowing them to maintain good condition in various environments and extend their service life. 
  
Antibacterial Properties 
  
Some high-end anti-fingerprint stainless steel sheets also have antibacterial functions, effectively inhibiting bacterial growth, making them particularly suitable for food processing, medical, and other fields with high hygiene requirements. 
  
Environmental Health 
  
The surface coating of anti-fingerprint stainless steel sheets is non-toxic and harmless, having no impact on human health while reducing the use of chemical cleaners during cleaning, making them more environmentally friendly. 
  
Long-Lasting Beauty 
  
Anti-fingerprint stainless steel sheets not only have the metallic texture and luster of stainless steel but also maintain surface cleanliness and beauty for a long time without being easily contaminated by fingerprints and stains. 
  
  
  
  
4. Product Specifications of Anti-Fingerprint Stainless Steel 
  
Material: Stainless Steel (SS), such as 201, 304, 316, 430, etc. 
 Color: Gold, blue, silver, green, and other customizable colors. 
 Thickness (mm): 0.3-3.0mm 
 Size (mm): 1000 x 2000, 1219 x 2438, 1219 x 3048 / Customizable 
 Surface Treatment: Brushed, mirror, embossed, etched, sandblasted, and other stainless steel surface processes. 
  
  
  
5. Application Fields of Anti-Fingerprint Stainless Steel Sheets 
  
 Home Appliance Industry 
  
Anti-fingerprint stainless steel sheets are increasingly used in household appliances such as refrigerators, washing machines, and microwaves, enhancing the aesthetic appeal of the products and improving the user experience. 
  
Architectural Decoration 
  
In modern architecture, anti-fingerprint stainless steel sheets are widely used in elevators, escalators, doors, windows, and curtain walls, not only enhancing the beauty of buildings but also reducing cleaning and maintenance costs. 
  
Public Facilities 
  
Airports, stations, hospitals, and other public places have a huge demand for anti-fingerprint stainless steel sheets. Their easy-to-clean and durable characteristics make them ideal decorative materials for these locations. 
  
Kitchen Supplies 
  
Anti-fingerprint stainless steel sheets are used in kitchen countertops, cabinets, range hoods, and other kitchen equipment, enhancing the cleanliness and hygiene of kitchens, making home kitchens cleaner and more hygienic. 
  
Electronic Products 
  
With the advancement of technology, anti-fingerprint stainless steel sheets are gradually being used in the outer shells of laptops, mobile phones, and other electronic products, protecting the product surface while enhancing the user experience. 
  
  
  
6. Future Development of Anti-Fingerprint Stainless Steel Sheets 
  
As anti-fingerprint technology continues to advance and market demand increases, the application range of anti-fingerprint stainless steel sheets will further expand. In the future, we can expect more high-performance, high-value-added anti-fingerprint stainless steel products to emerge, meeting the demand for aesthetic, durable, and easy-to-clean materials in various industries. Meanwhile, with the growing environmental awareness, the advantages of anti-fingerprint stainless steel sheets in terms of environmental protection and health will become more prominent, making them the preferred material for more consumers and businesses. 
  
  
  
In summary, with its unique advantages, anti-fingerprint stainless steel sheets are becoming an indispensable material in modern life and industrial production. As technology continues to progress and applications continue to expand, they will play an important role in more fields, contributing to the development and advancement of modern society. 
 

Q: Can patterns and textures be designed on the surface of polished stainless steel sheets?
A:   
Various Methods for Textured Design on Polished Stainless Steel Sheets 
  
Stainless steel sheets are widely used in various fields due to their durability and modern aesthetics. When stainless steel sheets are polished, not only do they become smooth and reflective, but they also serve as a perfect canvas for creating diverse patterns and textured designs using several methods. Here are some common techniques used to craft patterns and textures on polished stainless steel sheets. 
  
  
  
1. Chemical Etching 
  
Chemical etching involves partially corroding the surface of stainless steel using chemical solutions to create intricate patterns and designs. This process allows for control over depth and texture, making it suitable for decorative panels and signage. Chemical etching excels in producing fine and detailed patterns, often utilized in high-end decorations and art pieces. 
  
  
  
2. Laser Etching 
  
Laser etching utilizes precise laser beams to engrave detailed patterns and designs on stainless steel surfaces. Ideal for customized and intricate designs, laser etching is employed in personalized signage, decorative panels, and bespoke gifts. Not only is laser etching fast, but it also offers high precision, enabling the creation of complex designs. 
  
  
  
3. Printing 
  
Printing techniques, such as screen printing and transfer printing, enable direct printing of patterns onto stainless steel surfaces. This method is suitable for mass-producing patterns and logos. Printing technology allows for multicolor designs and is cost-effective, making it suitable for bulk production. 
  
  
  
4. Plating 
  
Plating technology adds coatings of different colors and patterns to the surface of stainless steel. Plating not only enhances decorative effects but also improves the corrosion resistance of stainless steel. Through plating, various colors such as gold and black can be applied to polished stainless steel sheets, enhancing their decorative and unique qualities. 
  
  
  
5. Embossing 
  
Embossing involves pressing patterns onto the surface of stainless steel using mechanical pressure. Embossed stainless steel sheets are commonly used in architectural and decorative fields, providing three-dimensional textured patterns. Embossing enhances the aesthetics of stainless steel and increases its anti-slip properties, suitable for flooring and wall decorations. 
  
  
  
6. Sandblasting 
  
Sandblasting techniques create matte textures and patterns on polished stainless steel surfaces by high-speed blasting of abrasive particles. Sandblasting allows for precise control over the shape and depth of patterns, suitable for applications requiring matte effects and anti-glare properties. Sandblasted stainless steel sheets retain the smoothness of polishing while adding unique decorative effects. 
7. Vibration Polishing 
  
Vibration polishing is a method to produce irregular, non-directional patterns on stainless steel surfaces. This technique creates a unique decorative effect, often used in high-end decorations and designs. Stainless steel surfaces treated with vibration polishing not only look appealing but also possess excellent wear resistance and scratch resistance. 
  
  
  
  
Conclusion 
  
Through the aforementioned methods, a wide range of patterns and textured designs can be achieved on polished stainless steel sheets. These techniques not only enhance the aesthetics of stainless steel sheets but also increase their functionality, making them widely applicable in decoration, architecture, industry, and art. By selecting the appropriate textured design method, optimal decorative effects and performance can be achieved based on specific needs and applications. 
 

Q: What is 3D polished pattern stainless steel Sheet?
A:   
What is 3D polished pattern stainless steel sheet ? 
3D polished pattern stainless steel plate is a decorative material that uses specific polishing and processing techniques to give the surface of the stainless steel plate a three-dimensional effect. This plate not only has all the excellent properties of stainless steel, such as high strength, corrosion resistance and wear resistance, but also has significant aesthetic value and visual impact because of its unique 3D pattern. 
  
  
product specifications 
Size: Can be 1000x2000, 1219mmx2438, 1219x3048/Customized
Thickness: 0.5mm-3.0mm
Material: 201.304, 316),
Color: Commonly used silver, gold, blue, black, etc.
Surface treatment: such as polishing, coating (such as PVD coating), brushing, frosting, etc.
Pattern: Customized pattern according to customer
Other special requirements: We can also provide services such as laser cutting, bending, welding and other CNC machinery. 
  
  
Features of 3D Polished Pattern Stainless Steel sheet 
1. Three-dimensional visual effect: The pattern on the surface of the 3D polished stainless steel plate has been precisely processed to present a concave and convex three-dimensional effect. This three-dimensional feeling makes the stainless steel plate not only more visually attractive, but also has a unique tactile experience different from ordinary flat stainless steel. 
  
2. Diverse patterns: 3D polished patterns can be geometric shapes, abstract art, natural textures or even customized designs. Different patterns are suitable for different application scenarios, from interior and exterior decoration of high-end buildings to luxury home decoration, all can be customized according to needs. 
  
3. Durability: Stainless steel itself has excellent physical and chemical properties. 3D polishing will not weaken these properties, but can increase the wear resistance and stain resistance of the plate to a certain extent. 
  
4. Easy to maintain: The surface treatment of the 3D polished pattern stainless steel plate makes it less susceptible to fingerprints and dirt, easy to clean and maintain, and can still maintain a good appearance after long-term use. 
  
  
  
Manufacturing process of 3D polished pattern stainless steel sheet 
The process of making 3D polished pattern stainless steel plates usually includes the following steps: 
  
1. Design pattern: Determine the required 3D pattern according to customer needs or designer's creativity. This step usually requires detailed pattern design using computer-aided design (CAD) software. 
  
2. Preliminary shaping: Through processes such as mold embossing or chemical etching, a preliminary concave and convex pattern is formed on the stainless steel plate. This step determines the basic shape of the 3D effect. 
  
3. Polishing treatment: Use techniques such as mechanical polishing or electrolytic polishing to carefully polish the pattern surface to achieve the expected gloss and texture. 
  
4. Surface treatment: In order to increase the corrosion resistance and aesthetics of the plate, surface coating treatment, such as PVD (physical vapor deposition) coating, can be performed to make the stainless steel plate appear in different colors and textures. 
  
  
  
Application of 3D polished patterned stainless steel sheet 
Due to its unique visual effects and superior physical properties, 3D polished pattern stainless steel plates are widely used in the following fields: 
  
1. Architectural decoration: including curtain walls, columns, facades, ceilings, etc., decorated with 3D patterned stainless steel plates to make the building look more modern and luxurious. 
  
2. Interior design: Used on background walls, screens, furniture surfaces, etc. to increase the layering and artistry of indoor spaces. 
  
3. Elevator decoration: The use of 3D polished pattern stainless steel plates on the inner walls and door panels of the elevator not only improves the aesthetics, but also increases durability. 
  
4. Transportation: such as interior and exterior decoration of high-end cars, yachts and trains to enhance the overall grade. 
  
5. Public facilities: Public places such as airports, hotels, large shopping malls, etc. can improve environmental quality through 3D stainless steel decoration. 
  
  
  
Summarize 
3D polished pattern stainless steel plate has become a highlight among modern decorative materials with its unique three-dimensional visual effect, excellent physical properties and wide application prospects. Whether in architectural decoration or in daily life, 3D polished pattern stainless steel plates show their unique charm, providing designers and users with more possibilities for creativity and choice. 
  
  
  
Our team has worked with many prestigious commercial projects and has helped construct a wide range of stainless steel sheet cladding, roofs, partitions, ceilings, railings and other custom metal works to suit commercial needs. 
Our reasonable production schedule and arrangement saves a lot of worries for your business, greatly guarantees your on-time delivery, and helps you shorten the construction period. If you have any questions or needs, please click the button below to send us your inquiry and tell us about your project, our team of experts will try their best to reply you within 24 hours. CONTACT US 
  
Frankie
URL : https://www.sunraysteel.com/
Mail : export@sunraysteel.com
WhatsApp/Wechat+86-13516572815 
 

Q: What is the Benefit of Hammered Stainless Steel?
A:   
Hammered stainless steel is a unique and versatile material that offers both aesthetic appeal and practical benefits. Known for its distinctive texture and robust properties, hammered stainless steel is increasingly popular in various applications, from kitchenware to architectural elements. This article explores the features, benefits, and potential uses of hammered stainless steel. 
  
  
  
Product Introduction and Description 
Hammered stainless steel is stainless steel that has undergone a specialized hammering process to create a textured surface. This process involves striking the metal repeatedly with a hammer or using a mechanical press to imprint a pattern. The result is a surface that has a handcrafted, artisanal look, enhancing its visual appeal. 
  
  
  
Features and Characteristics 
1.Durability 
  
Stainless steel is renowned for its strength and resistance to corrosion, making it an excellent choice for both indoor and outdoor applications. The hammering process does not compromise these qualities; rather, it can enhance the metal's resistance to dents and scratches. 
  
  
2.Aesthetic Appeal 
  
The hammered finish adds a unique, decorative element to stainless steel. Each piece is slightly different, giving it a handcrafted, bespoke appearance. The texture can catch and reflect light in interesting ways, adding depth and visual interest to any design. 
  
  
3.Versatility 
  
Hammered stainless steel can be used in a variety of applications, including countertops, sinks, backsplashes, range hoods, and even as decorative panels in architecture. Its unique texture makes it suitable for both modern and traditional design schemes. 
  
  
4.Low Maintenance 
  
Like other forms of stainless steel, hammered stainless steel is easy to clean and maintain. Its textured surface can hide minor scratches and fingerprints, making it a practical choice for high-traffic areas. 
  
  
5.Compatibility with Other Materials 
The unique look of hammered stainless steel can complement other materials like wood, stone, or glass. This compatibility allows it to enhance the overall design of a space, adding contrast and depth to various design elements. 
  
  
  
  
Specifications 
The specifications of hammered stainless steel can vary based on the intended application. Here are some common parameters: 
  
Thickness: Typically ranges from 0.5mm to 5mm, depending on the use. Thicker gauges are often used for structural elements, while thinner ones are suitable for decorative purposes. 
 Finish: The hammered texture can vary from subtle to pronounced, depending on the hammering technique and tools used. 
 Dimensions: Custom sizes are available, but standard sheet sizes are often 4x8 feet or 4x10 feet. 
 Grades: Common stainless steel grades used for hammering include 304 and 316, both known for their excellent corrosion resistance and strength. 
  
  
Texture and Customization 
The texture of hammered stainless steel is one of its defining features. The hammering process can create a variety of patterns, from small, uniform dimples to larger, irregular indentations. This texture not only adds visual interest but also enhances grip and slip resistance, which can be beneficial in certain applications like flooring or kitchen surfaces. 
  
Customization options for hammered stainless steel include: 
  
Pattern Style: Choose from various hammering techniques to achieve the desired texture. 
 Finish: Options include matte, satin, or polished finishes to match different design preferences. 
 Color: While stainless steel is naturally silver, it can be coated or anodized to achieve different colors. 
​ 
  
  
Applications 
Hammered stainless steel is versatile and can be used in numerous applications, including: 
  
1.Kitchen and Bath: Ideal for countertops, sinks, and backsplashes, where its durability and easy maintenance are essential.
2.Architectural Elements: Used in doors, wall panels, and column wraps to add a decorative touch.
3.Furniture: Employed in tabletops, cabinetry, and custom furniture pieces for a unique look.
4.Exterior Design: Suitable for facades, outdoor kitchens, and garden features due to its weather resistance.
5.Commercial Spaces: Popular in restaurants, hotels, and retail spaces for its stylish appearance and robustness. 
  
  
Conclusion 
Hammered stainless steel is a remarkable material that combines beauty with functionality. Its distinctive texture and inherent properties make it suitable for a wide range of applications, offering both aesthetic and practical benefits. Whether you are designing a modern kitchen, crafting custom furniture, or adding architectural details, hammered stainless steel provides a durable and visually appealing solution. 
  
  
If you are interested in hammered stainless steel and want to learn more, please contact our sales team online . We look forward to discussing the details with you! 
  
Frankie
URL : https://www.sunraysteel.com
Mail : export@sunraysteel.com
WhatsApp/Wechat+86-13516572815

Q: Can Stainless Steel Be Hammered?
A:   
Stainless steel, widely used for its corrosion resistance, high strength, and attractive appearance, is found in various fields such as construction, household items, and automotive manufacturing. However, for many metalworkers, hammering stainless steel might seem challenging. So, can stainless steel be hammered? The answer is yes, but there are some critical factors to consider during the process. 
  
  
  
Characteristics of Stainless Steel 
First, let's understand the basic characteristics of stainless steel. Its main components are iron, chromium, and nickel, which provide excellent corrosion resistance and high strength. Stainless steel is typically harder than ordinary carbon steel, requiring more force and special tools during processing. Additionally, stainless steel has high toughness, meaning it is less likely to break under impact, but this also increases the difficulty of working with it. 
  
  
  
Tool Selection for Hammering Stainless Steel 
The choice of tools is crucial when hammering stainless steel. It is recommended to use hammers made of hard alloy or high-strength steel, as these materials can withstand the high hardness of stainless steel without getting damaged. Moreover, the hammering surface should be smooth to avoid unnecessary marks or damage to the stainless steel surface. For delicate work, hammers with protective coatings or soft surfaces can be used to minimize surface damage. 
  
  
  
Hammering Techniques 
There are two main techniques for hammering stainless steel : hot hammering and cold hammering. 
  
Hot Hammering 
Hot hammering involves heating the stainless steel to a certain temperature before hammering. This method can reduce the hardness of the stainless steel, increase its plasticity, and make it easier to shape. The heating temperature typically ranges between 800°C and 1000°C, but the exact temperature depends on the type of stainless steel and the processing requirements. Hot hammering not only reduces the difficulty of hammering but also minimizes stress concentration caused by hammering, preventing cracking. 
  
Cold Hammering 
Cold hammering involves hammering the stainless steel at room temperature. This method is usually used for fine processing and situations where the properties of stainless steel need to be maintained. Cold hammering requires greater force and higher skill, so caution is needed to prevent material fatigue or damage. During cold hammering, using an appropriate lubricant can reduce friction and protect the stainless steel surface. 
  
  
  
Safety Measures 
Safety measures are essential when hammering stainless steel . The process can generate flying debris and high temperatures, so operators should wear safety goggles and gloves to ensure protection. Additionally, the work area should be kept clean and well-ventilated to prevent accidents. 
  
  
  
Additional Considerations 
Work Hardening 
Stainless steel is prone to work hardening, a phenomenon where the material becomes harder and stronger as it is deformed. This can make subsequent hammering more difficult and may require annealing (a heat treatment process) to soften the material and relieve internal stresses. 
  
Types of Stainless Steel 
Different types of stainless steel (e.g., austenitic, ferritic, martensitic) have varying properties and respond differently to hammering. For instance, austenitic stainless steels (such as 304 and 316) are generally more ductile and easier to hammer than martensitic stainless steels, which are harder and more brittle. 
  
Surface Finish 
The final surface finish of hammered stainless steel can vary depending on the tools and techniques used. For applications requiring a high-quality finish, additional processes like polishing or grinding may be necessary after hammering to achieve the desired appearance and smoothness. 
  
  
  
Conclusion 
In conclusion, stainless steel can indeed be hammered, but it requires the right tools, techniques, and safety measures. Whether using hot hammering or cold hammering, understanding the properties of stainless steel and choosing the appropriate method is key to successful processing. As metalworking techniques continue to evolve, the ability to effectively hammer stainless steel will remain an important skill in various industries, enabling the creation of durable and aesthetically pleasing products.

Q: Play the stainless steel plate out of the newly patterned stainless steel pure handmade hammered sheet ,You must have never seen it yet!
A: 01 material summary 
Stainless steel pure handmade hammered sheet , as the name suggests, is formed by different surface texture formed by special processes on the surface of stainless steel. 
  
To understand the stainless steel pure handmade hammer board, you must first understand stainless steel. In practical applications, steel that is resistant to weakly corrosive medium is often referred to as stainless steel, and the steel that is resistant to chemical medium is referred to as acid -resistant steel. The use of stainless steel is very large. The commonly used 304 stainless steel, 304L stainless steel and 316 stainless steel. 
  
The specific material of stainless steel pure handmade hammer stripes, 304 stainless steel is usually used in inland areas, 304L stainless steel is suitable for coastal areas, because the humidity and salinity in the coastal areas are relatively large. It has been rust for a few years. 
  
  
  
02 Production process 
In terms of production technology, common stainless steel surface treatment processes include brushes, mirror, sandblasting, titanium plating, etching, anti -fingerprints, etc. 
  
  
The stainless steel pure handmade panels is made by the artificial hammer. When hammering texture, it is made of a working hammer with patterns. The working hammer usually uses the bump depth of the erosion liquid processing board to vary from the pattern, which is about 20-30 microns. The color of the stainless steel pure handmade board can also be customized. During the production process, the subject and the color layer are formed to maintain the basic structure and basic performance of the original stainless steel. 
  
  
  
  
03 Material Application 
  
a. Specification size 
  
Common stainless steel pure handmade hammer strike boards are 304 steel and 304L steel. Some areas with special requirements will also use 316 steel with better corrosion resistance. The thickness is 0.6mm-1.5mm. There are slight differences. The general width is 0.5m, 0.8m, 1m, 1.22 m, 1.5m, and the length can be customized. 
  
  
  
b. Color 
  
The color can also be customized, such as: gold, rose gold, bronze, champagne color, black, etc., with more normally used color. 
  
  
  
c. The pattern texture 
  
The patterns are rich and diverse, and various patterns can also be customized. The common patterns are as follows: 
  
Meteorite Hammer Stock 
  
  
  
Classic Monthly Pond 
  
  
  
Texture 
  
  
Space constellation 
  
  
  
  
04 material characteristics 
1) Safe, environmental protection, fire prevention, and high demand for fire prevention. Many sales centers, department stores, and hotels will use stainless steel handmade hammer to decorate in large areas. 
  
2) The characteristics of solid durability, impact resistance, corrosion resistance and non -fading, and corrosion resistance and non -fading, so that it can be used in the exterior wall and humid areas, such as: the front curtain wall, bar table, water curtain landscape area, swimming pool decoration and other areas Essence 
  
  
  
05 Material Construction Technology 
  
Construction process 
  
Before installation, cut and fold according to the actual size of the scene. 
  
Interior wall: 
  
First use the base plate base, and use glass glue or a dragon skeleton to install the background wall. The ceiling ceiling glass gum skeleton and the screw installation can be fixed. If you have a special shape, you need to use the welding machine to weld. 
  
Outer wall: 
  
The wall is relatively simple, and it can be fixed with the glass gum skeleton with screws. 
  
  
  
06 Application case 
Apply to ceilings, side curtain walls, wall decoration, bar tables, furniture, soft decorations, etc. 
  
  
Well, here is the introduction of pure handmade hammer stainless steel plates. If you have any problems with its craftsmanship, price, specifications, etc., you can directly consult with our material consultant ↓↓↓

Q: Materials & Craftsmanship | What is Handmade Hammered Stainless Steel Sheet?
A:   
With the advancement of technology, modern craftsmanship has been integrated into various industries. Stainless steel decoration has become a key element in both commercial and residential projects. Stainless steel materials not only imbue the space with a sense of modern technology but also offer various visual effects through surface treatment techniques such as a classical antiqued look, mirror finish, brushed texture, and more. This versatility adds a wide range of aesthetic elements to stainless steel decoration projects. 
  
  
Handmade hammered stainless steel sheets have a broad application prospect in commercial projects, hotels, and curtain walls. 
  
  
  
What is Stainless Steel? 
  
In practical applications, steel that resists weak corrosive media is often called stainless steel, while steel that resists chemical media is referred to as acid-resistant steel. Stainless steel is used in a variety of scenarios, with the most common types being 304 stainless steel, 304L stainless steel, and 316 stainless steel. 
  
  
Specific Materials for Handmade Hammered Stainless Steel 
  
304 Stainless Steel: Typically used in inland areas. 
 304L Stainless Steel: Suitable for coastal areas due to higher humidity and salt content in the air, which can cause ordinary 304 stainless steel to rust quickly. 
 316 Stainless Steel: Superior to 304 stainless steel, it includes molybdenum, which enhances the molecular structure, making it more resistant to wear and oxidation, and significantly improving its corrosion resistance. 
  
01. Production Process of Handmade Hammered Stainless Steel Sheets 
  
Common surface treatment processes for stainless steel include brushing, mirror finishing, sandblasting, titanium plating, etching, and anti-fingerprint treatment. Handmade hammered stainless steel sheets are created by manually hammering patterns onto the surface. The hammer used has a patterned face, and the depth of the pattern, typically 20-30 microns, is achieved through etching. The colors of handmade hammered stainless steel sheets can also be customized, ensuring that the base structure and properties of the stainless steel are maintained. 
  
  
  
02. Specifications and Dimensions of Handmade Hammered Stainless Steel Sheets 
  
The common materials for handmade hammered stainless steel sheets are 304 steel, 304L steel, and, for areas with special requirements, 316 steel. The thickness ranges from 0.6mm to 1.5mm. Dimensions can vary slightly between manufacturers, but typical widths are 0.5m, 0.8m, 1m, 1.22m, and 1.5m, with customizable lengths. Colors can also be customized, such as gold, rose gold, bronze, champagne, and black, with the natural stainless steel color being the most commonly used. 
  
Grand Metal offers customizable patterns for handmade hammered stainless steel sheets , including: 
  
  
  
03. Characteristics and Applications of Handmade Hammered Stainless Steel Sheets 
  
The characteristics of handmade hammered stainless steel sheets include: 
  
Safety, environmental friendliness, and fire resistance: Suitable for commercial spaces with high fire safety requirements, such as sales centers, department stores, and hotels. 
 Durability, impact resistance, and corrosion resistance: Suitable for exterior walls and humid areas, such as curtain walls, bars, water features, and pool decorations. 
  
  
  
04. Installation Process of Handmade Hammered Stainless Steel Sheets 
  
Before installation, cut and edge the sheets according to the actual dimensions on site. 
  
Interior Walls: 
Use a base board, and for background walls, apply with glass adhesive or add a framework. 
 For ceiling installations, use glass adhesive, a framework, and screws for fixing. Special designs may require welding. 
  
  
  
Exterior Walls: 
  
Exterior installations are relatively simple, using glass adhesive, a framework, and screws for fixing. 
  
Handmade hammered stainless steel sheets used in ceiling installations create a transparent space with a strong decorative effect and a highly three-dimensional look. The depth variation under different lighting conditions creates a shimmering effect, significantly enhancing the spatial layering. It feels like stepping into a dreamlike space, full of mystery and allure. It is not just a ceiling but a work of art! 
  
  
 

Q: What is Stainless Steel Textured Sheet ？
A:   
The texture stainless steel, also known as stainless steel or pattern stainless steel, is a product that forms different patterns on the surface of stainless steel through specific processing technology. This surface treatment not only gives the aesthetic appearance of stainless steel, but also enhances its durability and abrasion resistance. 
  
  
The manufacturing process of texture stainless steel usually includes two ways: cold and hot -rolled. The texture is suppressed on the surface of the stainless steel plate through a special rolling machine, and the necessary thermal treatment and surface treatment are performed to finally form stainless steel products with specific patterns. The design of this material is flexible, which can be used for both practical functions or as decorative materials to provide a beautiful and functional dual advantage. 
  
  
01. The production process of stainless steel texture sheet 
The production process of stainless steel texture sheet mainly includes the following steps: 
  
1. Material selection: First choose the appropriate stainless steel raw material, and usually use 304 or 316 -level stainless steel. These materials have good corrosion resistance and processing performance. 
  
2. Cold rolling/hot rolling treatment: Choose cold or hot rolling according to the texture effect of the need. Cold rolling can get more fine texture, while hot rolling is suitable for more rough texture. 
  
3. Flower processing: The required texture is suppressed on the stainless steel plate by pressing the flower press. This step is a key process for forming a specific pattern. 
  
4. Heat treatment: In order to improve the mechanical properties and corrosion resistance of materials, heat treatment may be required. 
  
5. Surface treatment: Finally, the surface polishing, coating or other surface treatment is performed to enhance the beauty and improve durability. 
  
  
  
02. Specifications of stainless steel texture sheet 
The specifications and size of the stainless steel texture sheet can be customized according to application requirements. The common thickness range is 0.3mm to 2mm, and the common thickness is 0.5m, 0.8m, 1m, 1.22 m, 1.5m. The width is generally ranging from 1000mm to 1500mm, and the length is customized according to demand. The size of the sheet makes it suitable for a variety of different application scenarios. 
  
The color can also be customized, such as: gold, rose gold, bronze, champagne color, black, etc., with more normally used color. 
  
Damei metal stainless steel texture sheet can customize various patterns: 
  
  
  
  
03. The characteristics and scope of the stainless steel texture sheet 
  
The main features of stainless steel texture sheets include: 
  
Abrasion resistance: The surface of the texture helps reduce surface wear. 
  Anti -slip: The surface texture increases friction and improves the non -slip performance. 
  Beautiful: Various texture design improves the visual effects of materials. 
 Easy maintenance: The surface of the texture helps to hide fingerprints and mild scratches. 
  
  
The scope of application is wide, including: 
  
Building decoration such as exterior walls, interior walls, ceiling, stairs, etc. 
 Elevator decoration, door panel. 
 Furniture and kitchen equipment. 
 Public facilities and commercial space. 
  
  
  
  
04. Construction process of stainless steel texture sheet 
The installation of stainless steel texture sheets usually involves the following steps: 
1. Size measurement: Accurately measure the size of the installation area to ensure that the size of the sheet is suitable for the installation location. 
2. Cutting and folding edges: Cut the plates according to the actual size, and perform the necessary folding edges to meet the installation requirements. 
3. Fixed installation: Use appropriate fixed parts to install the sheet to the specified location. It may involve welding, bolt fixation or adhesive. 
  
4. Surface treatment: Make necessary surface treatment after installation, such as cleaning and polishing to ensure the beauty and persistence after installation. 
  
  
  
Through the detailed introduction above, I hope you have a deeper understanding of the stainless steel texture sheet. If you want to get more information, please contact us at any time , and we are willing to provide you with detailed answers.

Q: The performance comparison of honeycomb mirror stainless steel plate and ordinary mirror stainless steel plate
A: The difference between honeycomb mirror stainless steel and ordinary mirror stainless steel 
  
1.Surface texture: 
Honeycomb mirror stainless steel: The surface shows a unique honeycomb -shaped pattern. This design not only enhances the beauty, but also increases the complexity of the surface and helps improve physical performance. 
 Ordinary mirror stainless steel: smooth and smooth surface, without additional texture. 
2.Performance improvement: 
Honeycomb mirror stainless steel: Due to its special surface structure, compared with ordinary mirror stainless steel, it performs better in anti -dirt, prevention and corrosion resistance. 
 Ordinary mirror stainless steel: Although the surface is shiny and beautiful, it is more common in anti -fouling and resistance. 
  
  
  
honeycomb mirror finish  stainless steel 
 ordinary mirror finish  stainless steel 
  
  
  
  
  
Features of honeycomb mirror stainless steel 
1.Anti -pollution performance: The honeycomb structure helps reduce stain adhesion and easy to clean. 
2.Defense performance: The texture reduces direct contact and reduces scratches. 
3.Corrosion resistance: Using high -quality stainless steel and advanced polishing technology, it improves the corrosion resistance of materials. 
  
  
  
  
Precautions 
Select appropriate types: understand and choose honeycomb mirror stainless steel types that are most suitable for application requirements, such as considering environmental factors (humidity, chemical contact, etc.). 
Maintenance: Regularly use appropriate cleaning tools and non -corrosive cleaners for maintenance to maintain its appearance and performance. 
  
  
  
Application scenarios 
1.Architectural decoration: Due to its unique beauty and durability, it is often used for exterior walls and decorative panels of high -end buildings. 
2.Transportation: It can effectively reduce wear on the interior and exterior of the vehicle, such as buses and subway cars. 
3.Furniture: It is suitable for the surface of furniture that requires durability and beauty, such as desktop and cabinet doors. 
4.Kitchen equipment: Due to its excellent pollution resistance and definition performance, it is often used in kitchen operation tables, refrigerators and other parts. 
  
  
  
Summarize 
Honeycomb mirror stainless steel provides the unmatched performance advantage that ordinary mirror stainless steel is comparable, especially in terms of anti -pollution, prevention and corrosion resistance. It is widely used, not limited to practicality, but also beautiful, but when choosing, you need to pay attention to selecting appropriate types and proper maintenance according to the specific application environment and needs. Through reasonable materials selection and maintenance, honeycomb mirror stainless steel can better serve engineering projects and product design with various needs.

Q: Stainless steel handmade brushes and machine brushed treatment methods compete
A: Stainless steel handmade brushes and machine drawing are two common processing methods. They each have advantages and disadvantages. Choose handmade brushes or machine drawing depends on the specific needs and situation. For products that focus on personalized, artistic and high -quality, hand -drawn brushes may be a better choice. For more important situations for large -scale production and cost benefits, the brushes can be brought more appropriate. 
  
  
1. The principles and differences between stainless steel handmade and machine drawing 
The stainless steel brushes are the surface of the vertical and fine lines with a small scratch with small scratches after drawing the stainless steel surface, which plays a role in beautifying and improving the surface hardness of the material. Hand -brushed and machine drawing is two common treatment methods for drawing brushes. 
  
  
  
The handmade drawing is brushed by manually controlling the brushed machine or manual sandpaper. The handmade brushes are more artistic, with higher quality, but the production speed is slow and the labor cost is higher.
The machine drawing is the manufacturing process of automatic operation through the machine. It has the advantages of efficient and low cost, but it cannot achieve the artistic effect of hand -handed drawing. 
  
  
  
2. Comparison of the advantages and disadvantages of stainless steel handmade and machine drawing 
1). Cost 
Although handmade drawing has high quality processing effects, the cost is high. 
The production efficiency of the rotation of the machine is high and the cost is low. 
  
2). Quality 
The quality of handmade brushes is more skilled, better, and more suitable for production with high -end decoration and crafts. 
  
The quality of the rotation of the machine is also very high, but it is still difficult to compare with handmade drawing, which is suitable for some ordinary stainless steel products. 
3).Craftsmanship 
Hand -drawing requires multiple complex processes such as grinding and polishing, and no manual intervention is required during the brush drawing process. The process is simpler and more convenient to operate. 
  
  
  
3. Scope of application 
Manual brushes are suitable for high -end art, building installations, fashion crafts and other fields. 
  
Rites are suitable for large -scale stainless steel products such as desks, toolboxes, cabinets, doors, etc. 
  
  
4. Precautions 
When stainless steel brushes , you must pay attention to the treatment of the material to avoid oxidation and affect the appearance and performance of stainless steel. 
In the process of operating handmade brushes and machine drawing, protective equipment such as protective gloves and masks must be worn to protect personnel safety and health. 
  
  
5 Conclusion】 
In summary, stainless steel handmade brushes and machine brushes are obviously different in terms of their principles, advantages and disadvantages, and scope of applications. Correctly selecting the appropriate treatment method can provide guarantee for the appearance, stability and production efficiency of stainless steel products. 
 

Q: Stainless Steel Anti Scratch-Resistant Technology Sharing: Preserving Aesthetics, Enhancing Durability
A: Stainless steel is widely utilized in various applications due to its excellent corrosion resistance and aesthetic appeal. However, its surface is prone to scratching, which affects its appearance. Therefore, effectively improving stainless steel's scratch resistance has become an important issue. This article will share several effective stainless steel scratch-resistant technologies to protect its surface and prolong its lifespan. 
  
  
1. Surface Treatment is Key 
  
Surface treatment is crucial in protecting stainless steel against scratches. Common methods include mechanical polishing and electrochemical polishing. While mechanical polishing is commonly used, it can lead to surface scratches and loss of gloss over time. In contrast, electrochemical polishing can better treat the stainless steel surface, making it smooth, glossy, and resistant to scratching. 
  
  
  
2. Enhancing Scratch Resistance 
  
Changing the material composition of stainless steel, such as adding tungsten, molybdenum, and other metal elements, can increase its hardness and reduce the risk of surface scratching. Additionally, using specialized material processing equipment can also enhance scratch resistance. 
  
  
3. Coating Technology for Improved Scratch Resistance 
  
Applying a transparent coating or spray coating process to the stainless steel surface to form a protective film can effectively improve its scratch resistance. This simple operation yields significant results, not only reducing the risk of surface scratches but also enhancing its oxidation resistance. 
  
  
  
4. Steps in Scratch-Resistant Stainless Steel Processing 
  
1）.Surface Polishing: Polish the stainless steel surface through mechanical or chemical methods to remove surface defects and oxide layers. 
  
  
2）.Cleaning: Thoroughly clean the surface to ensure no oil, dust, or other impurities remain. 
  
  
3）.Application of Scratch-Resistant Coating: Apply a transparent coating or use spray coating technology to form a protective film. 
  
  
4）.High-Temperature Drying: Cure the coating completely to enhance adhesion. 
  
  
5）.Polishing: Further enhance surface smoothness and gloss. 
  
  
6）.Film Application: Apply a protective film to the stainless steel surface to prevent scratches during transportation and installation. 
  
  
  
Through the above measures, it can not only effectively enhance the hardness of stainless steel, but also improve its anti -scratch performance, but also greatly improve the beauty and durability of stainless steel. As users who use stainless steel materials, they should have more positive improvements and innovations for how to effectively protect and process stainless steel. 
  
  
In practical operations, suitable process parameters and equipment should be selected according to specific conditions to ensure the desired processing effect. Through these scratch-resistant technologies, stainless steel can maintain its aesthetic appearance for a longer period, prolonging its service life and better meeting various application requirements.

Q: Fingerprint-Free Stainless Steel Craftsmanship: The Pinnacle of Modern Technology Innovation
A: The fingerprint-free stainless steel craftsmanship is a revolutionary manufacturing technology that brings a whole new experience to stainless steel products. Its production process has undergone meticulous design and highly technical operations. Let's unveil the mystery of this craftsmanship together. 
  
  
1.Firstly, there is the cleaning step. In this process, craftsmen meticulously clean the stainless steel plates, ensuring the surface is clean and dust-free. This not only provides a good foundation for subsequent processes but also ensures the quality and appearance of the final product. 
  
  
2.Next is oiling. Through oiling treatment, not only can the glossiness of the stainless steel surface be increased, but also its durability and corrosion resistance can be improved, laying a solid foundation for the long-term use of the product. 
  
  
3.Following that is high-temperature drying. Drying the stainless steel at high temperatures effectively removes moisture, making the surface cleaner and smoother. This prepares the surface for the subsequent film application. 
  
  
4.The final step is film application. Through the film application process, a transparent protective film is formed on the stainless steel surface, giving it anti-pollution and scratch-resistant properties. This is also the key to the "fingerprint-free" effect, ensuring that the product does not leave obvious fingerprint marks during use. 
  
  
After undergoing this series of precise and meticulous steps, the surface of the stainless steel plate is as smooth as a mirror, and the transparent film adds a touch of mystery to it. The advent of this craftsmanship not only enhances the quality and appearance of stainless steel products but also brings great convenience and comfort to consumers in their use. 
  
  
  
Features and Applications of Fingerprint-Free Stainless Steel 
  
Features: 
  
1.Fingerprint Resistance: 
  
Fingerprint-free stainless steel is coated with a transparent protective layer, making it less prone to fingerprint marks, thus keeping the surface clean. 
  
  
2.Stain Resistance: 
  
The surface film prevents dirt and stains from adhering, making it easy to clean and maintain. 
  
  
3.Scratch Resistance: 
  
The protective film provides additional protection, making the stainless steel surface more resistant to abrasion, reducing scratches and wear. 
  
  
4.Maintains Shine: 
  
The transparent film preserves the stainless steel surface's shine, enhancing its aesthetic appeal. 
  
  
  
Applications: 
  
1.Home Kitchen: 
  
Fingerprint-free stainless steel is commonly used to make kitchen utensils, sinks, and countertops. Its stain resistance and easy cleaning properties make it highly desirable in kitchen environments. 
  
  
2.Commercial Spaces: 
  
In commercial settings such as restaurant kitchens and public areas like hotels, the application of fingerprint-free stainless steel can elevate overall hygiene standards while maintaining cleanliness and aesthetics. 
  
  
3.Medical Facilities: 
  
The stain resistance of fingerprint-free stainless steel makes it widely used in medical facilities for equipment in operating rooms, medical workbenches, etc., helping to maintain cleanliness. 
  
  
4.Architectural Decoration: 
  
Fingerprint-free stainless steel is frequently used in architectural decoration such as wall panels and staircase handrails. Its smooth surface and stain resistance ensure long-lasting aesthetics. 
  
  
5.Appliances: 
  
In household appliances like refrigerators and microwaves, fingerprint-free stainless steel not only enhances the product's appearance but also reduces cleaning and maintenance efforts. 
  
  
In summary, fingerprint-free stainless steel demonstrates broad application prospects across various sectors due to its unique features, bringing convenience and comfort to people's lives and work.

Q: How to Customize Patterns on Stainless Steel Plates through Etching
A: Customizing patterns on stainless steel plates through etching involves using specific tools and techniques. Here are the general steps: 
  
  
  
Preparation: 
  
Obtain Stainless Steel Plate: Ensure you have a large enough stainless steel plate to accommodate your design. 
 Design the Pattern: Create your custom pattern using computer-aided design (CAD) software. Convert the pattern to a vector format for etching. 
  
  
  
Etching Equipment: 
  
Etching Machine: You will need an etching machine designed for etching on stainless steel and other metals. 
 Tools and Etching Solution: Select the appropriate tools and etching solution based on your design and the characteristics of stainless steel. 
  
  
  
Etching Process: 
  
Surface Preparation: Before etching, ensure the stainless steel plate's surface is clean and free of oils or impurities. Typically, alcohol or other cleaning agents can be used. 
 Import the Pattern: Import the design pattern into the control software of the etching machine. 
 Set Parameters: In the control software, configure etching parameters, including tool speed, depth, and path. These parameters will vary depending on your material and design. 
 Etch: Start the etching machine to etch the stainless steel plate according to your design. Etching time and depth will vary based on your design and equipment performance. 
  
  
  
Cleaning and Inspection: 
  
Once etching is complete, carefully clean the stainless steel plate to remove etching solution and debris. 
 Inspect the etching results to ensure the pattern meets your requirements. 
  
  
  
Finishing (Optional): 
  
If necessary, you can choose to perform additional finishing, such as polishing or coloring, to enhance the appearance of the pattern. 
  
These steps can help you successfully customize a pattern on a stainless steel plate. Keep in mind that etching is a precise craft and may require some practice and experience to achieve the best results. Before starting, it is advisable to carefully read the equipment's user manual and follow all safety regulations. 
  
If you wish to customize etched stainless steel plates , please contact us! 
  
WhatsApp/Wechat+86-13516572815 
 

Q: Exquisite Anti-Fingerprint Stainless Steel Sheets: The Perfect Blend of Aesthetics and Durability
A: Introduction: 
As modern design standards continue to demand both aesthetic appeal and functionality from materials, anti-fingerprint stainless steel sheets have become a highly sought-after choice in the fields of architecture and interior decoration. These unique materials not only possess the superior qualities of stainless steel but also feature anti-fingerprint properties, offering a unique blend of visual elegance and durability. This article will introduce the product characteristics, application areas, and the significance of anti-fingerprint stainless steel sheets in contemporary design. 
  
  
Colors: 
  
Anti-fingerprint stainless steel sheets offer a variety of color options to meet diverse design needs, including: 
Classic Stainless Steel – The traditional silver appearance suitable for both classic and modern designs. 
 Black – Black stainless steel sheets impart a sense of luxury and contemporary ambiance, ideal for high-end decorative projects. 
 Gold and Copper – These warm tones create a refined atmosphere and are commonly used in projects with unique decorative requirements. 
  
Patterns: 
  
The surface of anti-fingerprint stainless steel sheets can be customized with various patterns and textures according to design preferences. Common patterns include: 
Mirror Finish – Providing a highly reflective surface, enhancing space brightness and modern aesthetics. 
 Brushed Finish – Achieved through brushing techniques, creating a uniform and soft texture, increasing visual appeal. 
 Pearlescent Finish – Featuring tiny pearl-like particles on the surface, giving stainless steel sheets a unique sheen, suitable for projects requiring distinctive optical effects. 
  
Sizes: 
  
Anti-fingerprint stainless steel sheets can be customized to various sizes and thicknesses to accommodate project requirements. Common sizes include: 
Standard Sheet Sizes – Typically 4x8 feet (1220x2440 millimeters), suitable for common applications such as wall panels and ceilings. 
 Custom Sizes – Various custom sizes are available to ensure a perfect fit for different design needs. 
 Different Thicknesses – Sheets come in different thicknesses to meet structural and decorative requirements, including 0.8mm, 1.0mm, 1.2mm, and more. 
  
  
Material: 
  
Anti-fingerprint stainless steel sheets are typically crafted from high-quality stainless steel materials such as 304 stainless steel and 316 stainless steel, ensuring exceptional corrosion resistance and durability. These materials are also recyclable, aligning with sustainability goals. 
  
  
Product Characteristics: 
Anti-Fingerprint Technology: Anti-fingerprint stainless steel sheets utilize advanced surface treatment techniques to ensure a smooth surface that is resistant to fingerprints and water stains. This makes them ideal for high-traffic areas like kitchens and bathrooms, as they remain clean and refined. 
Outstanding Corrosion Resistance: Comparable to traditional stainless steel, anti-fingerprint stainless steel sheets also boast remarkable corrosion resistance. They can endure harsh conditions, including outdoor environments, without succumbing to oxidation or rust. 
Versatile Surface Finishes: Anti-fingerprint stainless steel sheets offer a variety of surface finishes, including mirror, brushed, and pearlescent effects, to cater to different design needs. These finishes impart unique textures and appearances, making them ideal for interior and exterior design. 
Easy to Clean and Maintain: Due to their anti-fingerprint properties, these stainless steel sheets are incredibly easy to clean and maintain. A simple wipe with a mild cleanser and a soft cloth is all it takes to restore the surface to its original luster. 
  
  
Application Areas: 
  
Anti-fingerprint stainless steel sheets find application in a wide range of areas, including but not limited to: 
Kitchen Decor: They are used to create countertops, cabinets, and range hood covers, providing a stylish appearance while reducing the visibility of fingerprints and stains. 
Bathroom Decoration: They are employed in shower enclosures, vanities, mirrors, etc., enhancing the modern and clean aesthetics of bathrooms. 
Architectural Facades: Used as exterior cladding material, they offer a blend of weather resistance and aesthetics, making them a perfect choice for architectural facades. 
Furniture Manufacturing: Ideal for crafting tables, chairs, sofas, and more, adding a touch of sophistication to furniture pieces. 
Interior Decoration: Employed on walls, ceilings, stair railings, and other interior surfaces, they bring modernity and unique decorative effects to interior spaces. 
  
  
Significance in Contemporary Design: 
  
Anti-fingerprint stainless steel sheets play a vital role in modern design. They not only offer aesthetics and durability but also excel in resisting fingerprints. In the pursuit of refinement, cleanliness, and style in interior and exterior design, this material meets the demands of designers and homeowners alike. Furthermore, their diverse surface finishes make them suitable for various design styles, from modern to industrial. 
  
In conclusion, anti-fingerprint stainless steel sheets are a versatile material with anti-fingerprint properties, exceptional corrosion resistance, and a range of surface finishes. They cater to high-demand design requirements in both residential and commercial settings, making them a treasure in today's design industry.

Q: Shining Elegance: Stainless Steel Emerges as Top Choice for Decoration
A: In today's world of design, a material is capturing attention as a prime choice for decoration due to its unique charm and versatility — stainless steel. Whether in architecture, interior design, or art installations, stainless steel's dazzling appearance and exceptional performance are attracting the eyes of designers, artists, and consumers alike. 
  
Stainless steel's emergence as the preferred material for decoration is rooted in several unique reasons. Firstly, its smooth silver-white appearance adds a touch of modernity and freshness to any setting. This aesthetic seamlessly blends with various design styles, be it contemporary, industrial, or classic, imparting a unique visual allure to spaces. 
  
However, stainless steel's popularity extends beyond its aesthetic appeal, owing to its remarkable durability and corrosion resistance. Stainless steel is resistant to oxidation, corrosion, and discoloration, allowing it to retain its brilliance both indoors and outdoors. This makes stainless steel an ideal choice for outdoor sculptures, architectural facades, furniture, and more, with no concerns about harsh weather conditions or environmental factors. 
  
Furthermore, stainless steel's malleability empowers designers and artists to unleash limitless creativity. Through various processing and treatment techniques, stainless steel can be fashioned into diverse shapes, textures, and patterns to suit various project requirements. Techniques like electrochemical coloring, physical vapor deposition (PVD) coatings, spraying, and coating enable stainless steel to showcase a range of appearances, from gold tones and rainbow hues to brushed surfaces and intricate textures. 
  
  
Moreover, stainless steel's sustainability is another feather in its cap. As a recyclable material, stainless steel has gained more attention and recognition in an increasingly environmentally conscious world. Its recyclability aligns with its timeless appearance, rendering stainless steel a forward-thinking choice in the realm of decoration. 
  
Whether it's the aesthetics of modern architecture, the intricacies of interior design, or the creativity of art installations, stainless steel indisputably takes center stage as the top choice for decoration , driven by its durability, diverse aesthetics, and eco-friendly attributes. 
 

Q: Perforated Stainless Steel Sheet (metal decorative materials used for multiple buildings)
A: Stainless steel perforation Sheet---Metals used in civil engineering 
Stainless steel perforation Sheet refers to the perforation mesh plate made of stainless steel. There are many advantages of perforation Sheet made of stainless steel. The main advantages are: the mesh surface is flat, smooth, beautiful, solid and durable, and has a wide range of uses. 
  
  
Perforated stainless steel sheets are metal decorative materials that have been widely used in multiple buildings for various purposes. They are created by mechanically or chemically punching holes into stainless steel sheets, resulting in a pattern of regularly spaced holes or other shapes. These sheets offer a combination of functional and aesthetic benefits, making them a popular choice for architects and designers in the construction industry. 
  
use： 
1. Used for civil architecture
2. For the protection of machinery and equipment
3. Used for craft manufacturing
4. Used for high -end speaker net cover
5. Ventilation and heat dissipation for grain
6. Used for bridges for reinforced bars 
  
  
Classification 
1. Round -hole stainless steel perforation Sheet
2. Fangkou stainless steel perforation Sheet
3. Alien stainless steel perforation Sheet
4. Micropores of stainless steel perforation Sheet
5. Anti -slip stainless steel perforation Sheet
6. Road attraction, sound insulation stainless steel perforation Sheet 
  
  
Here are some key features and applications of perforated stainless steel sheets : 
Aesthetic Appeal: Perforated stainless steel sheets can add a unique and modern touch to building facades, interior spaces, and other architectural elements. They come in various patterns, hole sizes, and shapes, allowing for creative and customizable designs. 
Ventilation and Airflow: These sheets facilitate ventilation and airflow while providing some level of privacy and shading. They are often used in areas where air circulation is crucial, such as building facades, parking structures, and industrial applications. 
Sunlight Control: Perforated stainless steel sheets can be used as sunscreens or shading elements, helping to reduce solar heat gain and glare in buildings. This enhances energy efficiency and creates a more comfortable indoor environment. 
Privacy and Security: When used as partitions or screens, perforated stainless steel sheets offer a balance between transparency and privacy. They can be employed in offices, retail spaces, or public areas to create separate zones without completely blocking the view. 
Acoustic Benefits: In some cases, perforated stainless steel sheets with specific hole patterns can help improve acoustic properties by absorbing or diffusing sound waves. They find application in spaces that require sound control, such as auditoriums or concert halls. 
Durability and Corrosion Resistance: Stainless steel is known for its excellent corrosion resistance, making perforated stainless steel sheets suitable for both indoor and outdoor applications. They withstand harsh weather conditions and require minimal maintenance. 
Versatility: Perforated stainless steel sheets are available in various grades, finishes, and thicknesses. This versatility allows for use in diverse environments, from contemporary architectural designs to industrial applications. 
Signage and Branding: Perforated stainless steel sheets can be used for signage and branding purposes, offering a sophisticated and long-lasting solution for displaying logos, information, or artwork. 
Green Building Applications: Due to their sustainability and energy-efficient properties, perforated stainless steel sheets can contribute to green building certifications like LEED (Leadership in Energy and Environmental Design). 
Furniture and Interior Design: Apart from architectural applications, these sheets are also utilized in furniture design, decorative wall panels, ceiling tiles, and other interior design elements. 
It's essential to consider the specific requirements and performance characteristics needed for each project when choosing the appropriate perforated stainless steel sheet . Different hole patterns, open areas, and sheet sizes can impact factors like transparency, light diffusion, and airflow. Additionally, collaborating with experienced suppliers and manufacturers ensures the best results in terms of quality, design, and functionality. 
  
  
If you need to know more about perforation stainless steel plates , please contact us！ 
 

Q: Introducing the Stainless Steel Sheet - Uniting Durability and Elegance
A: we are delighted to introduce a revolutionary product that showcases exceptional durability while exuding a unique sense of elegance, setting new industry standards. Let us unveil the marvel that is the Stainless Steel Sheet. 
                  
Stainless Steel Sheets have played a pivotal role in the construction and engineering fields for several decades. Through continuous innovation and technological advancements, our engineers have successfully developed an unprecedented stainless steel sheet that will redefine your perception of this material. 
Unparalleled Durability: The new stainless steel sheet incorporates the latest material alloys and manufacturing techniques, providing unmatched durability. This material exhibits high strength and corrosion resistance, allowing it to withstand harsh environments for prolonged periods without degradation. It remains immune to corrosion, oxidation, fading, or deformation, ensuring a long lifespan. 
Diverse Applications: Thanks to its outstanding performance and aesthetic appeal, stainless steel sheets find wide-ranging applications. They can be utilized in building facades, roofing, interior decorations, kitchen equipment, elevator doors, transportation components, and various other sectors. The versatility of stainless steel sheets makes them the preferred choice for designers and engineers, catering to the demands of complex projects. 
Elegant Appearance and Design: The next-generation stainless steel sheets not only deliver exceptional functionality but also boast stunning appearance and design. Meticulously treated surfaces present a smooth, brilliant texture that adds a unique style and sophistication to any project. With a choice of different colors and textures, stainless steel sheets fulfill individualized requirements, fostering creativity and possibilities in architectural and design endeavors. 
Environmentally Friendly and Sustainable: The new stainless steel sheets are manufactured using eco-friendly materials, adhering to principles of sustainability. Stainless steel is a recyclable material, enabling its reuse and reducing dependence on natural resources. This aids in minimizing carbon emissions and environmental pollution. 
Quality Assurance: We maintain strict control and testing standards to ensure the quality of our products. The new stainless steel sheets undergo multiple inspections and tests to meet international quality standards. We provide reliable products and excellent after-sales service, surpassing customer expectations. 
In this competitive market, we firmly believe that the new stainless steel sheet will lead the way in the future. Whether it's durability, versatility, or design aesthetics, it will become your preferred choice. We look forward to collaborating with you to create a brighter future. 
  
For more information or to place an order, please contact our sales team. 
  
Contact: Frankie 
  
Phone: +86-13516572815 
Email: export@sunraysteel.com 
  
                  

Q: Harita Nickel will build a stainless steel factory in Indonesia with new investors
A: PT Trimegah Bangun Persada TBK (NCKL) Nickel Factory plans to expand and build stainless steel or stainless steel factories. This is directly expressed by Roy Arman Arman Arfandy, the chief director of NCKL. 
  
Roy said on June 28 that the factory's investment was worth more than $ 1 billion or 15 trillion shields (calculated at the 15,000 shield yield). It is expected to complete the negotiation with investors before the end of the year, and the factory can be completed in 2024. 
  
NCKL will develop downstream products from rotten to nickel iron to nickel iron to stainless steel. He said he was negotiating with investors and large enterprises in the industry, hoping to announce the news before the end of this year. 
  
According to the plan, production capacity is expected to reach 2-3 million tons per year. But according to Roy, potential investors are not from China. 
  
In addition, PT Halmahera Persada Lygend (PT HPL), a subsidiary of PT Trimegah Bangun Persada Tbk (NCKL), was exported to nickel sulfate overseas for the first time in June this year. It is currently seeking opportunities to produce countries exported by batteries such as Japan and South Korea. 
  
Roy also revealed the expansion plan in the future. He said Harita Nickel currently has four mining franchise. Two mines that have been excavated and explorated are used to supply ore, including lighter iron ore and dirt. 
  
The other two mines on OBI Island have not yet been explained. Due to the increasing demand, these two mines will be explorated in 2024 to increase the company's nickel reserves.

Q: The gospel brought to Indonesian shipping downstream plans to Indonesia
A: The Indonesian National Ship Else Association (INSA) is optimistic that the downstream business carried out in Indonesia will be conducive to the country's shipping industry. 
  
INSA Chairman Carmelita Hartoto explained that so far, Indonesia's export shipping activities still use a large number of foreign ships. Therefore, for the downstream, through the downstream plan, the volume of ship transport in the form of raw materials used to use bulk ships and rebar shipments to the smelting plant may increase, thereby increasing the use of domestic freight from domestic ships. 
  
Carmelita said that every time the challenge contains opportunities, the same is true of other raw ore exports. Although this will affect export ships, it will directly open opportunities for domestic transportation in the future. 
In fact, many domestic shipping companies in Indonesia have begun to actively transport nickels, and have recently been hotly related to the downstream projects of electric vehicle batteries. 
  
For example, the PT Samudra Indonesia TBK (SMDR) continuously increases the number of bulk cargo fleets to meet the needs of nickel to the smelter. The main director of SMDR, Bani Maulana Mulia, explained that his party has already ordered some new ships to support the development of the company, namely container, tanker and bulk cargo ship. 
  
Bani acknowledged that the procurement of bulk ships is still in progress. The reason for buying bulk cargo ships is to support the needs of mineral mining customers in order to supply their products to the smelter. 
At present, customers are required to increase the capacity of bulk carrons. Most of them are to support Indonesian smelter activities. One of them is nickel. We are also a company that provides customers who have smelting factories in other minerals in other minerals. 
  
In addition to Samudera Indonesia, another shipping company PT Trans Power Marine TBK (TPMA) has been transporting nickel ore through its subsidiary PT Transik Perkasa (TLP) since last year to achieve diversification of goods. This year, his party will increase investment in TLP as an increase in the form of the fleet. 
  
Ronny Kurniawan, the main director of Trans Power Marine, said that this year TPMA distributed $ 40 million in capital expenditure at the purpose of buying 5 ships for the company and buying 20 ships Percasa for TRANS LOGISTIK. loan. All new ships of TPMA will be used for coal transportation. On the other hand, the ship of Trans Logistik Perkasa will be used to transport nickel products. "We have only 30%of our subsidiaries," Ronny added. 
  
PT TEMAS TBK (TMAS) is studying the diversification of transportation products. Harry Haryanto, director of PT TEMAS shipping, said that Temas currently has a subsidiary named PT Temas Bulker and manages three heavy -duty goods or foreign heavy -duty cargo ships. 
  
Through Temas Bulker, his political party does not rule out the possibility of developing business through transportation of dry bulk goods or bulk ships. 
  
Harry said he did not rule out the possibility of Temas Bulker transported coal, nickel or other commodities. He said that this prospect is consistent with the number of smelters built in Indonesia.

Q: Qingshan Stainless Steel Reinforcement Ecological Park and supporting project signing Luo Yuan
A: Recently, the 13th private enterprise industrial projects of Fujian Province were held. 50 key projects were signed with a total investment of 121.3 billion yuan, covering the digital economy, marine economy, and green economy. Among them, 7 projects in Fuzhou signed a contract with a total investment of 20 billion yuan. The total investment in the province ranks first in the province. One of the 7 projects in Fuzhou is Luoyuan Qingshan Stainless Steel Deep Processing Ecological Park and supporting projects. 
According to the relevant person in charge of Luoyuan Qingshan Stainless Steel Processing Ecological Park and supporting projects, the project will give play to the leading advantage of Qingshan Holdings Group in the stainless steel industry. Rural and rural revitalization industrial parks construction 1127 acres of ecological industrial parks, supporting supporting projects such as metal surface processing in 69 acres of land in Jingang Industrial Zone, connecting Wuxi, Foshan, Wenzhou and other places, attracting stainless steel and deep processing high -quality enterprises to settle in, promoting stainless steel deep processing cluster development development , Help Fuzhou accelerate the construction of modern international cities.

Q: Industry Chain || Qingshan Industrial, Jinhui China Super League, Yongjin Co., Ltd., stainless steel fasteners and other steel companies and industry events
A: Aoyama Industry and Mozambique's government successfully signed a memorandum of cooperation 
On June 14, under the witness of the Minister of Trade and Trade of Mozambique, the Minister of Trade and Trade of Mozambique and the local media, Aoyama Industry and the Mozambique government jointly signed a memorandum of cooperation in the Mozambique Green Industrial Park project. Based on this memorandum of cooperation, the two parties will continue to communicate in depth on subsequent work. Qingshan Industrial is looking forward to cooperating with the Mozambique government, corporate circles, and all sectors of the society to jointly promote the implementation of the Mozambique Green Industrial Park project and make positive contributions to economic development and environmental protection. 
Jinhui China Super Hot Rolling Factory strives to sprint through the annual production and operation goals of the year 
Since June, Jinhui China Super Hot Rolling Plant has made a detailed summary of the work in the first half of the year to find gaps and strong measures in comparison of various indicators in the first half of the year. Specific measures such as refined management, quality improvement, and cost control, carefully organize production to ensure the completion of various task goals throughout the year. From June 15-16, the factory launched a 2 -day main rolling equipment maintenance, and a comprehensive "physical examination" of the equipment was "kept" and kept in the best state to struggle for the sprint in the second half of the year. The goal lays a solid foundation. 
Stainless steel fastener manufacturer Ong Zhan Industrial completed nearly 100 million yuan Pre-IPO round financing 
Recently, Olyshan Industrial Co., Ltd. completed nearly 100 million yuan Pre-IPO round of financing. This round of financing was jointly participated by Hangjin Investment Fund, Hangshi Group, EQ, Xiaoshan Capital Group and other participation. Another additional investment after the Monthly Investment Olympic Exhibition Industry. 
  
Olympic Industry is located in Xiaoshan District, Hangzhou. It is a national high -tech enterprise specializing in the research and development, production and sales of stainless steel fasteners. Olympic Zhan brand fasteners are widely used in high -end equipment manufacturing, rail transit, nuclear power, wind energy, power, power, petrochemical, communication, aviation and other industries. 
Announcement on signing an equity transfer agreement and the progress of foreign investment 
The board of directors of the company and all directors guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and integrity of its content according to law. 
Important content reminder: 
Zhejiang Yongjin Metal Technology Co., Ltd. (hereinafter referred to as "Company") and Guizhou Hangya Technology Development Co., Ltd. (hereinafter referred to as "Hangya Technology") have recently signed the "Equity Transfer Agreement". Some Henan Zhongyuan Titani Co., Ltd. (hereinafter referred to as "Zhongyuan Titanium Industry" or "Target Company") has not yet paid 5%of the subscribed capital share (hereinafter referred to as the "target equity") to the company with 0 considerations. After the transaction was completed, the company's equity ratio of Zhongyuan Titanium industry rose to 56%.

Q: Kim Dale: Although it was impacted by China and Indonesia, India's stainless steel still has global competitiveness.
A: Comprehensive foreign media news on June 14, Abhyuday Jindal, general manager of India's Kingdale Stainless Steel Company, said recently that although the Indian stainless steel industry has been impacted by imported products from China and Indonesia, India's stainless steel is still global. 
  
Q: In view of global uncertainty, how do you think of the stainless steel demand of this fiscal year? 
A: In fiscal 2023, our sales were 176.4405 million tons and the domestic and export markets in the first quarter of the current fiscal year also increased. Therefore, we hope that the demand for stainless steel will continue to grow. In addition, after the production capacity of 1 million tons of stainless steel melting workshop in March, our melting production capacity increased to 2.9 million tons per year. We expect that the output of fiscal 2024 will increase by more than 20%over 2023 fiscal year. 
  
Q: Will the domestic demand in India continue? 
A: Yes, as far as the domestic market is concerned, the prospect is optimistic. The main driving force of this growth is the needs of the end user industry, which is supported by the government's promoting sustainable development solution (including infrastructure expenditure). The 10 billion rupees for infrastructure development will promote stainless steel demand in the medium term. According to a report in the CRISIL month, the CAGR of domestic stainless steel demand is expected to reach 9%. This is twice the 4.5%growth rate in recent years. We have seen that the application of stainless steel in China has increased and entered different industries. The demand for stainless steel in India is expected to increase from the current 3.6 million tons to 20 million tons in 2047. 
  
Q: Will the company's exports be affected by the slowdown of the global economy? 
A: In the late first quarter, the global purchase of activities cooled down and the price fell. Several factories have been operating far lower than the best capacity and may be further reduced. Considering the current trend, weak demand and the weak price emotions of the European and American markets, we expect export share to account for nearly 15%of total sales. With the improvement of global economic conditions, this number may increase. Our diversified product portfolio helps us cater to the domestic market, thereby minimizing the impact of the global economic slowdown. At the same time, we are developing new markets in countries such as South Korea, South America, the Middle East, and Australia, so we will not rely on any specific market. 
  
Q: In view of the high production cost, India is competitive in the global market? 
A: In the global trade environment, this is a billion US dollars. In India, the cost of capital and logistics is high and inefficient, which has damaged the competitiveness of various industries, including manufacturing. For some global participants, the situation is exactly the opposite. They have efficient waterway and land logistics, as well as mature energy and infrastructure frameworks. In addition, they also received government land subsidies. Having said that, Indian companies still have advantages in manufacturing capabilities. This is why Indian players are favored in the world's competition. 
  
Q: How can your company open the export market at a low cost? 
A: In a capital -intensive modern manufacturing environment like us, internal operational efficiency is equivalent to the best practice in the world. Although India lacks nickel reserves, domestic waste production is low, and logistics and capital costs are high, we are still competing with the world's largest producer in terms of quality and cost parameters. In fact, the challenges faced by the Indian industry have reduced the success rate of the "Indian Manufacturing" initiative by 8-10 %, which is also the basic reason for the government to initiate initiatives such as GATI Shakti (to reduce logistics costs). 
  
Q: With the restart of China's economy, do you think more imported goods will flow into India? 
A: China has the history of using its export capacity export subsidies, which has led to dumping in many countries. China's business practice has attracted global attention. In stainless steel and steel industries, many production countries impose tariffs on imported products in China and create a fair competition environment for domestic enterprises. India cannot be spared to be spared to the potential threats brought by China. However, it is optimistic that the Indian government will recognize and take appropriate measures to support the manufacturing industry and safeguard its interests. If there is no protection measures, more imported products will flow into India and seriously crack down on the local stainless steel industry. More importantly, as much as one -third of the consumption in fiscal 2013 is met by imports, and imports are mainly from China. From fiscal 2011 to fiscal year, imports from China and Indonesia increased significantly by 318%and 158%, respectively. 
  
Q: How much does value -added products contribute to the overall sales? Is the price of stainless steel under pressure? 
A: Most of our products are value -added products. The impact of imports makes us need to re -examine the product portfolio and diversify it to maintain our correlation. Over the past 25 years, the dominant position of home supplies as the consumption part has dropped from 80 %to 44 %, and other departments have become major consumers. The general lower import price has a negative impact on the overall market including the United States.

Q: India: China's stainless steel imports increased by 500%
A: On June 13, the Indian Steel Ministry is studying whether it is necessary to impose countervailing duties or import duties on Chinese stainless steel shipped to India. As such, the department secretary was asked to prepare a "brief note" and "submit" it to Union Steel Minister Jyotiratiya Scindia. 
  
The letter to the Minister of Steel has been sent from the office of the union minister. The note referred through the minister's PS to a statement by Rajamani Krishnamurti, President of the Stainless Steel Development Association of India, asking the official to review the matter. 
  
The note, dated May 31 and reviewed by the Business newspaper, said: "Please review the matter and submit a short note for the careful reading of H.S. M (the Honourable Steel Minister) at the earliest opportunity." 
  
Scindia had earlier said that the ministry had noted one or two specific cases where overcapacity in a country had been pushed here. 
  
Raise concerns 
  
The stainless steel industry - manufacturers and suppliers - has complained that Chinese imports have affected them for a long time. Two of India's largest stainless steel manufacturers, Jindal Stainless Steel and SAIL (which operates the Salem Steel Mill), have raised the matter with the Finance Ministry and the Steel Ministry. 
  
The common thread of complaints is that Chinese imports - especially the 200 series, which are mainly used in consumer durables - have been eroding the share of Indian companies. 
  
In a letter, SAIL referred to a survey conducted by the Directorate General of Trade Remedies (DGTR) and its recommendation on April 6, which mentioned that Chinese stainless steel products have caused the Indian stainless steel industry to lose 20-30% of its market share. 
  
JSL said, "Of the 200 series products imported, about 50% are priced below the direct cost of Indian industry; And a third of the imported products are below the cost of raw materials in India." 
  
According to the DGTR survey, since the suspension of CVD in February 2021, China's imports to India have surged to 44 per cent (on an annual basis). In the nine months of 2022, it was 49 percent (on an annualized basis). 
  
ISSDA submission 
  
In its report, ISSDA mentioned that China's steel imports to India are increasing after the CVD withdrawal, while the capacity utilization rate of Indian companies, including Msmes, is declining. 
  
For example, from April 2017 to March 2020 (three years), capacity utilization was 49% and 61% for Msmes. During the period, China imported 83,828 tons. However, from April to December 2022, the annual capacity utilization rate of Indian factories was 33 percent, and that of Msmes was 41 percent, while imports from China increased 500 percent to 5,260,708 tons. 
  
The association said in its report that Chinese imports accounted for 32.9% of the Indian market usage from 5.5% in 2017-2020.

Q: Foreign media: Stainless steel mills may reduce production to boost prices
A: In the case of weak demand, as manufacturers try to reduce the impact of price declines, measures to reduce stainless steel production are expected to become more common. 
  
After the purchase of procurement activities in the first quarter of the first quarter, the price fell, and MEPS lowered its global rough stainless steel output forecast throughout the year from 800,000 tons to 59 million tons in the previous quarter. This will increase by 6.8%over 2022 output. 
  
Manufacturers are now exploring mechanisms that can be used to re -balance supply and demand, especially in Europe and Japan. A European factory has implemented temporary suspension, and other factories are expected to start to maintain interrupt or short -term working model. MEPS sources said that the production capacity of Japanese steel mills has been greatly lower than its maximum production capacity and may be further reduced. 
  
Since July 2022, the euro zone manufacturing PMI has been lower than 50. Since November 2022, the same benchmark indicator in the United States has been less than 50. The US market is slightly higher than Europe. Its manufacturing purchasing manager index rose 0.8 points to 47.1 from April. EU numbers fell 1.5 points to 45.8, while the Chinese index fell 2.7 to 49.2. 
  
In 2023, the EU stainless steel output MEPS forecast was reduced to 6.2 million tons. Despite the sharp decline since the end of 2022, EU energy costs are still at a historic high. Inflation and interest rates also remain high. The German economy officially entered a decline in May. These factors have a negative impact on stainless steel demand. 
  
In this context, stainless steel inventory is high in the European supply chain. There is not much interest in buying a lot. The distributor is trying to sell the inventory purchased at the end of 2022 and early 2023. Sales that are not profitable have caused people to worry about the solvency of some enterprises. 
  
Although the East Asian market is still sluggish, South Korea's annual forecast has been adjusted to 2.13 million tons. This is due to POSCO's steelmaking facilities restored to production, which was destroyed by Typhoon Hinnamnor in September 2022. 
  
In China, the expected demand for the Lunar New Year holiday has not been realized so far. People have doubts about the country's economic recovery. In 2022, the construction area under construction decreased by more than 7%year -on -year. From the beginning of the year, as of the end of April, this number will still decrease by about 6% year -on -year. It is expected that China's GDP will still increase by 5.4% in 2023. 
  
MEPS predicts that by 2023, the consumption of stainless steel in the United States will decline less than Europe. In the first quarter of 2023, imports in the United States fell 43%year -on -year. The decrease in competition is expected to increase the demand for domestic stainless steel.

Q: Industrial chain || Jiusteel stainless steel, South Korea Pohang, heavy rain production, nickel, project construction and other steel enterprises and industry events
A: Australian Nickel plans to raise funds to expand the Excelsior nickel-cobalt project in Indonesia 
  
Australia's Nickel Industries said on Friday it plans to raise A $943 million through a rights issue and has signed an agreement to reduce its investment in the Excelsior nickel-cobalt (ENC) project in Indonesia. The company will issue approximately 20% of its shares to PT Danusa Tambang Nusantara, a subsidiary of PT United Tractors Indonesia. 
Jiusteel stainless 2507 dual-phase stainless steel production batch volume once increased by 160% compared to the previous period 
  
On May 26, the lights in the cold rolling mill of Jiusteel Hongxing Stainless Steel Branch were bright, and the hot line area of the acid withdrawal area once again organized the production of 2507 duplex stainless steel, which was difficult to produce, and the production batch volume was 160% higher than that of the previous period, which was unprecedented. Finally, under the joint efforts of the staff in the hot line area of the acid retreat area, this batch of high-strength ultra-corrosion-resistant 2507 duplex stainless steel successfully completed production, and also created the largest amount of single production. 
  
Zhongbo Building Materials cold-rolled sheet stainless steel project officially started construction 
  
The project mainly relies on stainless steel raw materials produced by Inner Mongolia Jingan Nonferrous Metals Co., Ltd. for deep processing. Two cold-rolled sheet metal equipment will be installed, with an annual production of 50,000 tons of cold-rolled sheet stainless steel, of which 20,000 tons will be used to make stainless steel inlet pipe products and 30,000 tons will be used to make stainless steel coating products for the maintenance structure of the building. 
Heavy rain affected the production of steel mills 
  
According to the 24-hour rainfall statistics of the Central Meteorological Observatory, Beihai has become the country's largest rainfall place for two consecutive days, from 8 o 'clock on the 7th to 8 o 'clock today, the cumulative rainfall of up to 537 mm! According to the news, due to the impact of heavy rainfall, the local large state-owned stainless steel factory suffered power damage and the entire production line of equipment was suspended. At present, the steel mill is working fast to restore power, and it is expected that a steelmaking process can be resumed within today, and the recovery time of the whole line is expected to be about 5 days. However, there is news that the water has also caused some impact on the road, and currently transport has been affected. 
POSCO launches new low-carbon steel products 
  
South Korea's PoSCO launches its first low-carbon brand, Greenate Certified steel. Greenate certified steel can reduce carbon emissions in the production process by introducing low-carbon production technologies and using low-carbon iron materials, and POSCO will produce approximately 200,000 to 300,000 tons of new low-emission steel per year. From January to August last year, the mill began to increase the use of pellet steel and scrap steel in blast furnaces and converter furnaces respectively, reducing 590,000 tons of carbon emissions through the process, the company said. 
Indonesia is running out of low-grade nickel 
  
On June 7, 2023, Indonesia officially ran out of nickel stocks. The government has apparently discussed the possibility of taking action against low-grade nickel smelters. The EU falls far short of its own green steel standards and has made no progress on renewable energy and green hydrogen. China still needs a lot of high-grade nickel. Labour costs will soon be the biggest cost factor in the mining industry.

Q: The Indian government will soon impose tariffs on China's stainless steel
A: Comprehensive foreign media news on June 5, sources said that the Indian government may soon impose tariffs on imported stainless steel tablets. 
  
They said that the Director -General of the Trade Relief (DGTR) has submitted a suggestion to see a 19%counter -subsidy tax on all imported stainless steel flat products, and the latter is expected to make a final decision and issue a formal notice. 
  
The import of stainless steel flat products has been imposed by 19%of tariffs, but this was revoked in the national budget from 2021-2022. 
  
Last month, the Indian Iron and Steel Administration Co., Ltd. and Jintalai Stainless Steel Co., Ltd. fought to the Indian government. Essence 
  
Two domestic manufacturers pointed out that such as Brazil, Malaysia, Mexico, South Korea, Taiwan, Thailand, the United States, Vietnam, and EU countries have imposed tariffs on stainless steel plates imported from China. Some of them have taken effect since 2013. Taxes should also be restored to ensure the fair competition environment of domestic manufacturers.

Q: Yongjin Terminate Investment in Indonesia's Stainless Steel Project
A: Yongjin Co., Ltd. issued an announcement of Zhejiang Yongjin Metal Technology Co., Ltd. on the termination of the investment in Indonesia and the progress of foreign investment. 
  
Zhejiang Yongjin Metal Technology Co., Ltd. (hereinafter referred to as "Company") held the 13th meeting of the Fifth Board of Directors on January 11, 2022 and February 9, 2022, respectively. , Review and approve Zhejiang Qingzhan Industrial Co., Ltd. (hereinafter referred to as "Youth Show Industry"), a company with the then affiliated parties, jointly invested in the establishment of Golden Metal Technology (Indonesia) Co., Ltd. (hereinafter referred to as "project company") in Indonesia, and the construction year Processing 700,000 tons of wide -width cold -rolled stainless steel plate projects. For details, please refer to the "Announcement on the Establishment of Holding Subsiders and Related Transactions" disclosed by the company on January 13, 2022 (announcement number: 2022-012). 
  
On October 4, 2022, the project company completed the industrial and commercial registration procedures in Indonesia. As of now, the project has not yet started. Due to factors such as industrial policies, trade policies, and market demand, after negotiation with the joint venture of the joint venture, the two parties jointly decided to terminate the investment in the project and agree to cancel the project company. 
  
On June 1, 2023, the company intends to terminate investment construction projects in Indonesia with the 38th meeting of the company's 5th board of directors, and agree to cancel relevant project companies, and authorize the company to operate follow -up related procedures. 
  
Yingjin said that the company's investment agreement signed in the early stage has been negotiated with the agreement of the agreement. The follow -up layer will determine the specific termination method according to the actual situation. 
  
After the establishment of an Indonesian investment project proposed by the company, after the establishment of the project company, it has not carried out substantial business activities, and the cancellation of the project company will not have a significant impact on the company. 
Given that the project has not been implemented in detail and did not invest in actual investment, the termination of Indonesian project investment will not have a significant impact on the company's financial conditions and operating results. There are no situations that harm the interests of the company and all shareholders.

Q: Although 70%of the amount of nickel flows to stainless steel, Indonesia releases another potential of nickel
A: Comprehensive media news on May 30, 2023, Indonesia's economic development strategy is leading the export of commodities, from nickel to coal to gold and copper. 
  
Indonesia prohibits ore exports, especially nickel ore, and the government actively persuades foreign investment to invest in processing plants and smelting plants. This measure increases the value of the country's commodity reserves. 
  
Although 70%of the amount of nickel flows to the stainless steel industry, the production needs of electric vehicle (EV) batteries are also growing. By 2030, the demand for batteries is expected to account for one -third of the total nickel demand, especially when countries around the world seek to reduce carbon emissions and achieve net zero emissions goals. 
  
Therefore, Indonesia realized that it provided huge economic opportunities and was committed to improving the production capacity of electric vehicle supply chains and became an electric vehicle battery production center. 
  
01. Nickel reserves in Indonesia 
  
Indonesia has the world's largest nickel reserves, and it is estimated to have 21 million tons, accounting for about 22%of global reserves. The country is also the world's largest metal producer with an output of 1 million tons in 2021. 
Australia has the second largest nickel reserves, about 20 million tons, accounting for 21%of the global share. However, the country only produced 160,000 tons of metal in 2021. 
Brazil's nickel reserves are estimated to be 16 million tons, but the output in 2021 is about 100,000 tons. 
  
02. Nickel ban in Indonesia 
  
Indonesia prohibits the export of nickel ore for the first time in 2014, and requires manufacturers to purify the original nickel before exporting to Indonesia. 
  
After the 2016 budget deficit and nickel production decreased, the government partially relaxed the ban in 2017 and plans to implement it in 2022. At that time, Indonesia built nine new nickel smelters. 
  
In the end, the government will advance the ban until January 2020. 
  
Mainly because foreign investors from China began to invest in the Indonesian nickel supply chain, especially the construction of the smelting plant -the target of the Indonesian Ministry of Energy and Mineral Resources was to have 30 smelters by the end of 2023. This is an ambitious goal -in 2016, there were only two smelting factories in Indonesia, and the current number was 15. 
  
The export of nickels in Indonesia is expected to reach US $ 30 billion in 2022, a significant increase from US $ 1 billion in 2015. It is expected that by 2025, China will account for half of the global nickel production increase. 
  
However, the ban on nickel ore prompted the EU to appeal to the World Trade Organization (WTO) in 2019, which believes that the Indonesian ban has unfairly damaged the EU's stainless steel industry. In November 2022, the World Trade Organization made a ruling conducive to the European Union because the ban in Jakarta did not meet the global trade rules. Indonesia appealed to the ruling. 
  
The ruling of the WTO constitutes a direct challenge for Indonesia to ensure that its mineral raw materials are processed in China. The government has not announced the next strategy of failure to appeal, but it does not rule out the possibility of levying a heavy tax on the export of nickel materials. 
  
By 2023, the Indonesian government is determined to expand raw ore export bans aluminum ore ore will be banned in June 2023. 
  
03. Electric vehicle battery supply chain 
  
Indonesia's nickel reserves make the country an indispensable member of the global electric vehicle industry. The country's goal is to become a global electric vehicle center. Indonesian Maritime and Investment Minister Luhut Binsar Pandjaitan said that global electric vehicle manufacturers, including Tesla and China BYD (BYD), are said to be finalizing investment Indonesia transactions. Indonesia's goal is to become one of the world's three major electric vehicle battery production countries by 2027. 
  
In addition, in order to supplement its nickel -based battery industry, the country is still developing lithium refinery and anode material production facilities. Historically, Indonesia's nickel smelling factory produces grades 2 nickel (nickel/raw iron), while battery cathode production requires at least 99.8%of nickel -level nickel containing at least 99.8%. 
  
Indonesia with a population of 278 million also provides opportunities for electric vehicles to sell from motorcycles to cars. The huge challenges and opportunities faced by investors include consumer tolerance and the lack of public charging infrastructure. The government has an ambitious goal, with 2.5 million electric vehicle users by 2025. 
The main foreign investment highlights of Indonesia nickel industry 
  
In the three years after the implementation of the nickel export ban, Indonesia has signed a battery production agreement worth more than $ 15 billion with transnational companies such as Hyundai and LG. According to rumors, Tesla also plans to expand in Indonesia. 
2020 
Germany BSAF signed an agreement with French Eramet Mining Corporation to develop a nickel and cobalt wet metallurgical refinery, including a high -pressure acid immersion (HPAL) factory. This $ 2.6 billion cooperation is expected to be completed by the end of 2023. 
Also in 2020, the Indonesian Investment Department and LG signed a memorandum of understanding of $ 9.8 billion to invest in the entire electric vehicle supply chain for LG energy solutions. 
2021 
LG Energy and Hyundai Automobile Group are developing the first battery factory in Indonesia with investment worth $ 1.1 billion. The facility is expected to have a capacity of 10 GWH (GWH). 
2022 
  
The Indonesian Investment Department signed a memorandum of understanding with Foxconn, Gogoro Inc, IBC and IndiKa Energy on battery manufacturing, electric vehicles and related industries. 
  
Zhejiang Huayou Cobalt, Qingshan Holdings Group and China Molybdenum Corporation completed the first batch of nickel mixed hydroxide precipitations from the largest nickel machining center in South Solaweis, Indonesia. 
  
Indonesia's State -owned Mining Corporation Aneka Tambang signed a framework agreement with Catl Group, China's largest battery manufacturer, to cooperate in electric vehicle manufacturing, battery recycling and nickel mining mining. 
  
LG Energy launched a 3.5 billion US dollar smelter in Central Java. The smelting plant will be able to produce 150,000 tons of nickel sulfate per year. 
  
Tamsui River Valley Indonesian Corporation and Zhejiang Huayou Cobalt Corporation and Ford Motor Corporation signed an agreement to build a hydroxide precipitation (MHP) factory in the southeast of Surawishi Province. The factory will have the ability to produce 120,000 tons of hydroxide. Tamsui River Valley Indonesian Corporation and Zhejiang Huayou Cobalt Company also agreed to build a factory with a production capacity of 60,000 tons in MHP.

Q: Industry Chain || Baoxin, Indonesia, Disasel, Indonesia's Forbidden Mine, Stainless Steel Imports and other steel companies and industry events
A: Russia's stainless steel imports increase again in April 
  
Comprehensive media news on May 29, 2023, according to statistics released by Russian Special Steel and Alloy Consumers and Supplier Associations (SPETSSTAL Association), Russia imported about 52,000 tons of stainless steel in April this year, which has increased compared to last month. 29%. Among them, the import of cold -rolled stainless steel increased by 40%month -on -month, and the import of hot -rolled stainless steel increased by 54%month -on -month. More than 95%of Russia's stainless steel imports come from China, Indonesia and India.
Baoxin successfully developed a automotive steel self -integrated thin material winding equipment 
  
Recently, Ningbo Baoxin Stainless Steel Co., Ltd. has successfully developed a heavy -duty equipment. The equipment is convenient and highly accurate. Tons (40 volumes) 430 steel species with 0.03mm thick products have obtained the user's high recognition and continuous orders, and recently successfully expanded the ability to widen with a thickness of 0.05mm thickness. 
  
Italian ACCIAI Speciali Terni discontinued production again in May 
  
The Italian stainless steel manufacturer Acciai Speciali Terni (AST) announced that due to the downturn, it was decided to discontinue all the rolling lines of the central Italian factories from May 25, which was discontinued this month. At the BIR conference held by Amsterdam, it is expected that the main stainless steel market area is expected to have a downturn, but the Middle East is expected to grow. AST has two arc furnaces with an annual total production capacity of 1.4 million tons. In 2022, the company's crude steel output was 1 million tons. 
  
Indonesia's prohibition of original ore export policies will take effect on June 10 
  
The Indonesian Minister of Energy and Mineral Resources (ESDM) Alfen Dasleyf has determined that the prohibition of the original mining export policy will take effect on June 10 this year. However, the policy is not suitable for 5 companies that are still allowed to export. Agreement has been reached on the prohibition of the original mine export policy, and even discussed with Congress. In addition, the government has also promulgated the "Regulations on the Delay and Export Time to the Construction of Metal Mineral Refining Facilities and the Export Time to Export, still implement the administrative fine guidelines in accordance with statutory regulations and punish the enterprise." 
China Nuclear Power Research and Design Institute: Research Statue of the Research Statue of 316L Stainless Steel Powder Material Manufacturing 
  
The research team of China Nuclear Power Research and Design Institute published the article "Research Statue of the Research Statue of the Research Statue of the Research on the Research on the Research Statue of the Research Statue of the Research on the Research on the Research Statue of the Research on the Research on the Research of the Nuclear Power 316L stainless steel powder. Performance, as well as index requirements for nuclear power 316L stainless steel. 
At present, the preparation process of 316L stainless steel powder is mainly atomized. The materialization performance of the powder is affected by the preparation of the powder process parameters. Among the laser powder melting additive manufacturing technology, electronic beam constituency melting technology, and plasma additive manufacturing technology, the application of stainless steel with laser powder bed melting materials is the most widely used. The tissue and performance of the 316L stainless steel in the additive manufacturing 316L, but the opposite sex can be eliminated by the post -processing technology of the additive. At present, the most commonly used post -processing technology of additive manufacturing is heat treatment.

Q: The completion ceremony of the completion of the completion of the completion of the completion and production of Changzhou Shengde Xintai
A: On May 27, the completion ceremony of the Super Stainless Steel Project of Shengdexin Tai New Materials Co., Ltd. was held in Zhonglou District. The district chief Li Chaoyi, the district party committee member, the secretary of the party committee of the Zou District town, and the director of the High -tech Park Management Office Wan Jianxin, the district party committee member and deputy district chief Wang Xufeng, and the deputy district chief Wu Wei attended the event. 
  
It is understood that Shengdexin Tai New Materials Co., Ltd. is a high -tech enterprise specializing in stainless steel pipes, special steel pipes, and seamless steel pipes. It has 5 invention patents and 72 practical new patents. The total investment of Shengde Xintai Super Stainless Steel Project was 300 million yuan, and a total of 31 large -scale production equipment was added. 
After the completion of the project, it can form a production capacity of 40,000 tons of stainless steel and alloy steel high -quality seamless steel pipe products, and the new sales revenue is 1 billion yuan. The super -special stainless steel and alloy steels produced by the project are widely used in super critical boilers, modern scientific research, production, and life. The related products of the project will fill the domestic gap. 
In recent years, the Zhonglou District has fully implemented the city's "532" development strategy and the construction requirements of the "two lakes" innovation zone. The activity, "Getting on the ground" as the main direction, made every effort to promote the reform of the "recruitment" of major projects, and the "double entry" achievements of the project. In the first quarter of this year, the Yuxing film project achieved the "construction of land" and set the fastest record with "30 hours". All major provincial projects were started. The two major projects of Shuanghuan thermal workers, Huafeng Machinery, and Jeter Plastic Industry were newly added. The target completion rate of the warehouse ranked third in the city. In the next step, the Zhonglou District will gradually form a normalized promotion model of "landing is to start" in all land use projects, and keep an eye on key nodes such as the completion of the main body and completion acceptance. Make every effort to promote the project.

Q: In April 2023, Chinese stainless steel apparent/real consumption volume (2023.5.26)
A: According to MySTEEL statistics, in April 2023, domestic stainless steel apparent consumption was 2.145 million tons, an increase of 0.1%month -on -month; real consumption was 2.307 million tons, an increase of 5.3%from the previous month.

Q: The world's first compatible stainless steel, special steel round, plate, square multifunctional continuous casting machine a successful hot test
A: Recently, the world's first multi-functional continuous casting machine compatible with small square billet, large square billet and thick slab has been successfully tested by China Heavy Duty Institute of National Machinery Reassembly, marking a substantial step forward in the field of stainless steel, special steel round, plate and square multi-functional continuous casting machine. It is a pioneer in the multifunctional design and development of a continuous casting machine that is compatible with stainless steel and special steel small round billet to large round billet, small square billet to large section rectangular billet and thick slab. It has created a new model of stainless steel and special steel continuous casting, opened a new situation of the diversification of continuous casting products in the stainless steel market, enhanced the technological innovation ability of stainless steel in China, and will lead the development direction of stainless steel continuous casting machine in the world. 
  
  
It is understood that the continuous casting machine is a multi-functional stainless steel and special steel continuous casting machine developed by China Heavy Industrial Institute for Qingshan Group which is compatible with round, plate and square. It can not only produce stainless steel round billet with diameter Φ160mm-700mm, It can also be compatible with the production of 190mmX190mm stainless steel square billet, 300mmX500mm stainless steel rectangular billet, 300mmX810mm stainless steel/die steel slab, to meet the market demand of stainless steel types, cross-section diversification, improve the competitiveness of Qingshan Group in the world stainless steel market, consolidate its industry advantages and position. (Source: China National Machinery Reloading Erzhong, China Heavy Machinery Research Institute Corporation)

Q: Qingtuo Special Steel 1780 project has a daily output of 10,000 tons in the first day; April stainless steel consumption is 2.5 million tons ...
A: On May 23, 2023, Foshan Market News, according to data from the Ministry of Commerce, from January to April 2023, my country's foreign contracting project completed a turnover of 287.99 billion yuan, an increase of 10.6%year-on-year (equivalent to US $ 42 billion, an increase of 2.7%year-on-year). ; The amount of new contracts was 406.47 billion yuan, a year -on -year increase of 2%(equivalent to US $ 59.28 billion, a decrease of 5.3%year -on -year). It can be seen that my country's foreign investment continued to grow. 
So, in addition to the above -mentioned macro -news, what information is there in the stainless steel industry? 
  
1. Periodic price differenc e 
1. Stainless Steel Futures 2307 contract closed down 175 yuan to 14500 
Today, the stainless steel futures 2307 contract fell 175 yuan to 14,500 yuan/ton. The position increased by 6791 to 69731 hands and the transaction was 72068 hands. 
Today, Wuxi 304 Cold -rolling Hongwang spot is 2.0mm. 2.0mm edges to about 15,100 yuan/ton (replaced by about 15270 as cut border). The current price difference between the stainless steel period is 770. (I want stainless steel) 
  
Second, market dynamics 
1. Foshan Market 
In the morning, the market was green, and the 304 cold -rolled spot market was due to poor demand. The increase in price increases this week was weak. The quotes below 15000 are obviously more and more, and the market multi -specified special price is sold. The 304 hot rolling maintenance maintained the afternoon price of yesterday, and some of them fell at 50 to promote delivery. In 201, the hot and cold is still flat, but some of the specifications fell 20-50 for the sake of shipment, and the low quotation of the cold-rolled market increased. 430 Cold rolling continued to be flat, and the hot rolling part fell by 50. 
2. Wuxi Market 
It is understood that today's market conditions in Wuxi have not turned sunny like the weather, and the transaction situation remains light. Due to the weak transaction, the price of private cold rolling in 304 in the afternoon generally walked to 14,750 yuan/ton. In order to promote the low price of the transaction to the low price of the transaction, it was low to the downstream purchase. 
  
Third, industry news 
1. Qingtuo Special Steel 1780 Project Hot Rolling Department The first daily output reached 10,000 tons 
According to information on May 22, the Qingtuo Group shows that the hot rolling department of Qingtuo Special Steel 1780 project reached 10,000 tons for the first time, laying a solid foundation for the improvement of future output. This is not only a breakthrough in the output, but also represents the smooth production of human -machine running through for one and a half months. The hot -rolled department of the 1780 project gradually moved to the right track and challenged the higher output and higher quality. (Qingtuo Group TSINGTUO) 
  
2. Beigang New Materials appeared in the "Two Week Exhibition" in Guangxi in 2023 
On May 20-21, the National Science and Technology Event Week in 2023 and the 32nd Guangxi Science and Technology Activity Week · Guangxi Advanced Technology Exhibition was held at the Nanning International Convention and Exhibition Center. Beigang New Materials was exhibited in the Beihai Exhibition Area as the invited unit. During the event, Deputy Director Xing Xingchao felt the charm of "hand -torn steel" on the scene, and put forward guidance on the development of Beigang New Materials Science and Technology. (Beigang New Material) 
  
3. Jiu Li Specialty Integrate 29.93%of the remaining equity of 29.93.558 million yuan 
On May 23, according to Jiu Li Special Announcement, the company holds 70.07%equity of Huate Stainless Steel Pipe Manufacturing Co., Ltd. ("Walter Steel Pipe") of Huzhou Walt Stainless Steel Pipe Manufacturing Co., Ltd. The operating decision -making efficiency and realizing the operating goals, the company plans to sign an equity transfer agreement with Feng Yongsen, a shareholder of the Natural person of Walter Steel Pipe. 10,000 yuan. After the acquisition is completed, Walter Steel Pipe will become a wholly -owned subsidiary of the company. (Shanghai Securities News · China Securities Network) 
  
4. Zhejiang produced 6,000 tons of stainless steel seamless tube technical reform project through EIA approval 
On May 22, the Songyang Branch of Lishui Ecological and Environment on Zhejiang Zhongchang Management Industry Manufacturing Co., Ltd. made an approved opinion of the environmental assessment document of the seamless steel seamless tube technical reform project and announced it. The announcement period was: 2023 5 From May 26th (5 working days), May 223. (People's Government of Songyang County, Lishui City) 
  
5. Baosteel De Sheng Steel Refining Factory Excessive Capacity Remover and Efficiency Increasing Objectives 
According to Baosteel De Sheng news, in the first quarter, the cost of changing the steelmaking factory was 85 million yuan, and the survey of the cost reduction and efficiency increase the target, so that the cost -reducing efficiency and efficiency work planned by Baosteel Deyon at the beginning of the year was pressed to the fast -moving key to get a new new key to get a new new key to get new. breakthrough! (Baosteel De Sheng) 
  
6. The third -generation ultra -high -strength stainless steel technology and application are included in the latest version of "Central Enterprise Technology Innovation Achievements Product Manual" 
On May 20, the website of the State -owned Assets Supervision Committee of the State Council released the "Central Enterprise Science and Technology Innovation Achievement Product Manual (2022 Edition)". The key materials areas include the third -generation ultra -high -strength stainless steel technology and applications of China Steel Research Technology Group Co., Ltd. The successful development of the material of the project has filled the domestic gap, and the overall technical level has reached international advanced. (China Steel Research Technology Group Co., Ltd.) 
  
7. In April 2023, stainless steel consumption was 2.5 million tons 
According to customs data, in April 2023, the domestic stainless steel imports were 122,100 tons, export volume was 376,300 tons, and the net export of stainless steel in April was 254,200 tons. Due to the increase in imports and exports, the monthly net export volume increased by 12%to 254,000 tons month -on -month. After calculation, the domestic stainless steel consumption in April was 2.503 million tons, a decrease of 2.2%from the previous month. 
In May after the experience replenishment, the market purchase performance is weak, and the supply of steel mills will rise rapidly. Object consumption will increase accordingly. It is expected that the table will need to be around 2.71 million tons in May. If the actual demand is difficult to follow up, it may be reflected in the increase in inventory pressure. (51 News) 
  
Fourth, raw materials related 
1. Steel factory in South China 1120 yuan/nickel purchase high nickel iron 
On May 23, a Steel Factory in South China purchased tens of thousands of tons of Indonesian high nickel iron iron at 1120 yuan/nickel (including taxation), and in June. (51 News) 
  
2. 1090 yuan/nickel purchasing high nickel iron in a steel mill in East China 
On May 23, 1090 yuan/nickel (tax included in the factory) of a steel plant in East China purchased thousands of tons of high nickel iron to supply traders. (51 News) 
  
3. Today, Jinchuan Company's electrolytic nickel quotation is raised 500 
On May 23, Jinchuan Company (yuan/ton): Shanghai electrolytic nickel (large board) 177,000; barrels of 17,8200 small pieces; the above quotation increased by 500 from May 22. (I want stainless steel) 
  
4. Jiu Gang's high chromium procurement price in May 2023 is flat 
On May 23, the purchase price of high -carbon chromium iron in Jiu Gang in May 2023 was 8,705 yuan/50 base tons (including tax to the factory cash price), and the purchase price was flat from the previous month.

Q: Jiu Steel Stainless Steel Branch promotes the process of production process, institutionalization, and tableization
A: Since the beginning of this year, Hongxing Co., Ltd. has grasped product quality strictly, comprehensively refined the key quality parameters and quality indicators of various processes varieties. While strictly perform daily process analysis and testing and evaluation , Tableized. At the same time, implement the confirmation system of production in various regions, strive to improve the level of product process management and control, and make every effort to ensure stable quality of steel. (Source: Jiugang Daily)

Q: Consideration of establishing the second Yongjin Plant in Vietnam and the progress of the project in Thailand
A: Progress of the Vietnam project and consideration of establishing the second Yongjin Plant in Vietnam. 
  
The Yongjin project in Vietnam officially started production in April 2022. Although the utilization rate of production capacity was affected by factors such as overseas demand, it still demonstrated strong profitability and generally met profit expectations. Vietnam's Yongjin is an export-oriented enterprise, with its products primarily sold to Southeast Asia, Europe, and other regions. According to local requirements in Vietnam, our products have minimal sales in the domestic market. However, with the development of Vietnam, including the influx of overseas investments, there is a growing demand in the local market, and the price difference for processing is considerable. Therefore, based on the company's research, a decision has been made to establish a domestic sales company targeting the Vietnamese market in the northern part of Vietnam to meet the local market's demands. 
  
Progress of the Thailand project: 
  
Due to the relatively low efficiency of approval procedures in Thailand, and the requirement for national approval for projects that meet the daily production capacity, the environmental impact assessment (EIA) for the project is still pending. Therefore, construction has not yet started, and the company will proceed with project construction once the necessary procedures are completed. Currently, there are no signs of devaluation for the company's land assets in Thailand, indicating minimal impact on the overall project's subsequent construction.

Q: Nickel manufacturer IGO: 2023 fiscal year q3 Nickel ore production increased by 16.42% month -on -month
A: Recently, nickel manufacturers Australia Independence Mining (IGO) released the production report in the third quarter of fiscal year in fiscal 2023. Nickel ore output was 8358 tons, a year -on -year decrease of 13.20%(2022Q1: 9629), an increase of 16.42%month -on -month 
  
Among them, the NOVA nickel project produced 5547 tons of nickel ore this quarter, an increase of 31%month -on -month, and nickel sales were 4441 tons, an increase of 15%from the previous month. The increase in nickel production is mainly due to the recovery of the NOVA nickel project after the fire interrupted in the previous quarter. 
  
The Forrestania nickel project was 2811 tons of nickel production this quarter, a decrease of 5%, and nickel sales of 1484 tons, a decrease of 29%month -on -month. Due to the decrease in raw materials and ore inventory, the nickel production of Forrestania decreased compared to the previous quarter. 
  
In addition, this quarter, IGO sold mixed Nova and Forrestania products to BHP based on short -term contracts, achieving higher value. According to the extension of existing rights, IGO is finalizing a contracting agreement on mixed Nova and Forrestania products. The business terms have been agreed until the end of 23 years. 
  
After the end of this quarter, IGO announced the land in Kwinana-Rockingham Strategic Industrial Zone. IGO and its project partners Wyloo Metals are currently working hard to make the final investment decision (FID) to develop IBM facilities. The facility will use nickel sulfide concentrate as the raw material. (PCAM). IGO and Wyloo Metals are advancing discussions with a global battery chemical manufacturer, and the manufacturer has expressed strong interest in the project cooperation.

Q: In the first quarter, the heat delivery rate of the stainless steel plate of Baosteel De Sheng Steel Plant increased to 87.60%
A: In 2023, in order to promote the reduction of various steelmaking plants in the Baowu Group, focusing on the purpose of "reducing costs and increasing efficiency and improving the efficiency, benchmarking", the discount rate of stainless steel cast blanking of the steelmaking committee is set as the "all -in -branch" all -branch "all -in -branch" all -in -one "all -in -one" all -in -one "all -in -one" all -in -one "all the" all -in -place "all factories" all the "all -in -one" all -in -one factory "fully" all -in -factor The procedures are the first -class labeling "special labor competition, of which Baosteel De Sheng Steel Plant will use the heat -consuming heat transfer rate of stainless steel as one of the key promotion work of the energy conservation and consumption reduction of the year. 
  
Under the leadership of the company's leadership, Baosteel Deterture Factory has formed a special team to actively analyze and restricts the pain points and difficulties of the plate blasting, and comprehensively improving the pain points, quality management, equipment accuracy maintenance, and optimization of production organizations. Essence 
  
After the team members worked together, in the first quarter, the heat delivery rate of the stainless steel plate blanking of Baosteel Desert Steel Plant was increased from 80.17%of 2022 to 87.60%, with an improvement rate of 9.27%. Essence (Source: Baosteel Desheng)

Q: In the first quarter, the heat delivery rate of the stainless steel plate of Baosteel De Sheng Steel Plant increased to 87.60%
A: In 2023, in order to promote the reduction of various steelmaking plants in the Baowu Group, focusing on the purpose of "reducing costs and increasing efficiency and improving the efficiency, benchmarking", the discount rate of stainless steel cast blanking of the steelmaking committee is set as the "all -in -branch" all -branch "all -in -branch" all -in -one "all -in -one" all -in -one "all -in -one" all -in -one "all the" all -in -place "all factories" all the "all -in -one" all -in -one factory "fully" all -in -factor The procedures are the first -class labeling "special labor competition, of which Baosteel De Sheng Steel Plant will use the heat -consuming heat transfer rate of stainless steel as one of the key promotion work of the energy conservation and consumption reduction of the year. 
  
Under the leadership of the company's leadership, Baosteel Deterture Factory has formed a special team to actively analyze and restricts the pain points and difficulties of the plate blasting, and comprehensively improving the pain points, quality management, equipment accuracy maintenance, and optimization of production organizations. Essence 
  
After the team members worked together, in the first quarter, the heat delivery rate of the stainless steel plate blanking of Baosteel Desert Steel Plant was increased from 80.17%of 2022 to 87.60%, with an improvement rate of 9.27%. Essence (Source: Baosteel Desheng)

Q: Yongjin Vietnamese subsidiaries 260,000 tons of precision stainless steel band projects, China will release domestic steel companies in April
A: Yongjin Vietnamese subsidiaries intend to vote for US $ 125 million to build 260,000 tons of precision stainless steel band projects 
  
In order to implement the strategy of actively developing overseas business, expand the company's overseas influence, and enhance the company's overall profitability, on April 13, 2023, the 34th meeting of the 5th board of directors of Zhejiang Yongjin Metal Technology Co., Ltd. The "Proposal on New Projects of Subsidies", agreed that the company was tentatively scheduled to implement the "annual processing of 260,000 tons of precision stainless steel bands" project through its own funds investing in its own funds. The main body of implementation is Vietnam Jinzizi Company Xinyue Metal Technology Co., Ltd. The project plans to build an annual output of 180,000 tons of 300 lines and 2B wide -width production lines and 1 annual output of 80,000 tons 300 series/400 series BA production line. The project is built in three phases, and the fixed investment in the project is about 125 million US dollars. 
Bloomberg: China will release domestic steel enterprises in April 
  
Cited Bloomberg News that China will release domestic steel enterprises in April to limit production restrictions on production, requiring domestic steel manufacturers to maintain the output of 2023 in 2022, in response to the mild recovery of demand after the epidemic. Carbon emissions in the steel industry account for about 15%of the national carbon emissions, second only to power generation. In terms of striving to reduce carbon emissions and fulfill the climate commitment, the Chinese government has long regarded the steel industry as its important carbon emission constraints. Last year, the impact of the epidemic on the economy and the downturn cycle of the real estate market also had an important impact on the steel industry. At present, the China National Development and Reform Commission has not responded to Bloomberg's request for comment.
The momentum of the Asian stainless steel market is further enhanced 
  
Comprehensive platform media news on April 13, 2023, after the stainless steel market in mainland China has been active, other Asian regions, especially Taiwan, are now increasing the price of stainless steel. This is likely to attack North and Europe soon. The US financial report season brings hope for the dynamic growth of profits. India has expanded countermeasures for China's stainless steel exports. 
The output of stainless steel last year was 2.4744 million tons of net profit decreased by 17.67% year -on -year 
  
Yongjin announced the annual report of 2022, with operating income of 39.555 billion yuan, a year -on -year increase of 26.11%, net profit of 487 million yuan, a decrease of 17.67%year -on -year, and a non -net profit of 457 million yuan, a decrease of 19.09%year -on -year. The basic earnings per share were 1.45 yuan. , A cash dividend of 5 yuan is distributed to all shareholders.
In 2022, the company's product production and warehouse output was 2.4744 million tons, an increase of 15.95%year -on -year; the company's products sold for a year -on -year sales of 2.4736 million tons, an increase of 17.98%year -on -year; in 2022, the company's business income was 39.555 billion yuan, a year -on -year increase of 26.11%; The sales volume of cold rolling 300 series 2B products was 1.9976 million tons, and the sales volume accounted for 80.76%; wide -width cold rolling 400 series BA products sold 214,200 tons, sales accounted for 8.66%; wide -width cold rolling 300 series BA products sold 20,500 tons, with 20,500 tons of products. Sales accounted for 0.83%; precision cold rolling 300 series sales were 98,600 tons, and sales accounted for 3.99%; precision cold rolling 400 series sold 65,300 tons, and sales accounted for 2.64%.
Tamsui River Valley: It is expected that the global nickel market will remain slightly excess this year 
  
On April 13, a report submitted to the US Securities and Exchange Commission submitted to the US Securities and Exchange Commission showed that it is expected that the global nickel market will remain slightly excess in 2023, mainly due to the supply of II nickels for stainless steel raw materials.

Q: Futures rose 460 back 15000! The spot market is reappeared!
A: 【Macro News】 
1. The Federal Reserve's three -handed player: It is reasonable to suspend it after the interest rate hike once this year 
On Tuesday, the Federal Reserve ’s“ three leaders ”and the New York Fed Chairman John Williams said that the Fed’ s policy makers still have more work to do in terms of reducing inflation, and said that although the bank industry turmoil brings uncertainty, they will not change their policies. Williams said that the Federal Reserve policy maker said in the economic outlook in March that it will raise interest rates again this year, and then suspend interest rate hikes, which is a "reasonable starting point" -n the path of adjusting interest rates depends on the upcoming economy to be announced. data. However, he said that if inflation decreases, the Fed will need to reduce interest rates. 
2. China Automobile Association: March car sales increased by 9.7 % year -on -year 
According to the China Automobile Association data, in March, the production and sales of automobiles were 2.584 million and 2.45 million, respectively, with a month -on -month increase of 27.2%and 24%, respectively, an increase of 15.3%and 9.7%year -on -year. From January to March, the production and sales of automobiles were 6.21 million and 6.076 million, respectively, a year-on-year decrease of 4.3%and 6.7%, respectively. Compared with the slight decline in the same period, the effective demand in the automotive market has not been fully released. 
  
【Futures Quotes Express】 
Overnight, nickel nickel rose 420 to close at 23495, the increase was slightly limited, the capital side was still cautious, the short -term macro emotions improved, and the metal market was sorted out. 
The stainless steel disk continued to rise slightly, rising at a closing of $ 15,260/ton. Recently, the atmosphere of the nickel price of the nickel price was affected, but the demand surface still improved. The short -term market is mainly compiled. 
  
【Foshan Market】 
At noon yesterday, there was news that several big steel manufacturers in Shandong Conference gathered. Market analysis will definitely adopt some positive stable prices policies. Therefore, market psychological expectations have begun to improve.

Q: Indonesia's nickel nickel industry supported by Chinese giants
A: Nickel's lower reaches of Surawishi and the North Maluku Islands in the nickel resources are heating up, making Indonesia the largest nickel iron, nickel iron and stainless steel exporter. In 2022, the production of nickel ore in Indonesia increased by 54%year -on -year to 1.6 million tons. 
  
As the automotive industry turns from nickel batteries to nickel -free batteries, and construction facilities in other promising electric vehicle markets in Southeast Asia, Indonesia is trying to release more investment related to electric vehicle batteries. The government is promoting nickel mining and processing to be more environmentally friendly to prevent the early end of the nickel battery, and the cash subsidies of electric vehicles have just taken effect. 
  
Cooperation with the world's largest lithium -producing country Australia is now a priority for Indonesia to realize its ambitions. The goal of Indonesia President Joko Widodo is that 60%of the world's electric vehicles will depend on the battery made in Indonesia. At the same time, the world's second largest nickel production country Philippines has rejected another strategic concept, that is, establishing an OPEC nickel alliance to control nickel supply. 
  
China has the most investment in the lower nickel industry in Indonesia, and the world's largest battery manufacturer and Chinese private enterprise CATL lead battery production. Baowu, the world's largest steel producer and Chinese state -owned enterprise, is also preparing to lead stainless steel with TSINGShan. Jindal, the leading stainless steel company in India, is ready to integrate into China's ecosystem. 
  
Nickel's future demand: Since this corrosion -resistant material may be applied to more automotive components, the demand for stainless steel production may be higher. At the same time, the potential demand of electric vehicle batteries has weakened. 
  
Due to the support of Chinese giants, Indonesia became one of the largest nickel products exporters. However, due to the limited nickel resources, this has brought risks to the ambition to establish a complete land upstream and upstream industries in Indonesia. Now, the Indonesian government has proposed a "problem solving" policy plan. At the same time, more investment inflows. 
  
It is estimated that Indonesia has more than 50%of the world's nickel resources. After decades of resource exports, Indonesia has been seeking nickel processing in China since 2009. The government of Joko Widodo envisioned Indonesia to become a big country of electric vehicles and electric vehicles. Indonesia first requires a nickel mine to build a smelting plant, and then prohibited from exports from 2020, which is called a low -grade nickel nickel called brown iron ore. Belly iron ore is a key mineral for battery production. 
  
Today, many downstream industrial areas (mainly located in Surawesi and North Malugu) have started or are about to start. According to data from the Indonesian Geological Agency, as of 2021, the country has 18 billion metric tons of nickel resources and 5.2 billion metric nickel reserves, and about 90%of the reserves are located in these two regions. 
  
The first batch of downstream industrial areas on land nickel included in the Morrovari Industrial Park (IMIP) and Delong Industrial Park (VDNIP) of Indonesia. Both parks were operated by Chinese steel giants, Delong Nickel, Jiangsu. IMIP is located in Morowali in central Surawishi and began construction in 2014, while VDNIP is located in North Konawe, south of Surawishi, began construction the following year. 
Aoyama has also developed a industrial area called Weda Bay Industrial Park (IWIP) in Teluk Weda, a central Halma Rira province in central North Maruka. According to reports, Qingshan Group recently agreed to transfer some facilities to Chinese state -owned enterprises and the world's largest steel producer Bauwo Group (Bauwo). As one of the first batch of large -scale investment in Indonesia's nickel -reaches of nickel industries, Qingshan Group has established a strong cooperative relationship in Indonesia. 
  
Aoyama is one of the partners of Huayou developing a nickel smelter in Indonesia. Huayou is a Chinese company that specializes in new energy battery materials. It is part of a consortium that cooperates with Indonesian battery companies (IBC). IBC is a battery holding company formed by four state -owned enterprises. industry. 
  
Another OBI island nickel -nickel -nickel industrial zone located in North Maruku Halmahera has started. It is expected that it will soon compete with the Qingshan Industrial Park. The behind -the -scenes push of this industrial park is the local Harita Group. The company cooperates with a number of Chinese companies, including Lygend Resources Group, the largest nickel -mine trading dealer in China. 
Other industrial areas will also be launched soon, including an industrial zone that will support Vale Indonesia. Vale Indonesia is one of the world's largest nickel producers and has one of Indonesia's largest nickel mining rights. Vale Indonesia has signed a cooperation contract with Chinese Chinese friends, top stainless steel manufacturers, South Korea -Poped Railway (POSCO) and American automobile manufacturer Ford. 
Investment from Chinese giants is indeed strategic for Indonesia, because China is the world's largest stainless steel and electric vehicle market. The problem is that the existing nickel downstream industries produce intermediate products. Therefore, Indonesia is still regarded as supporters of industrialization of China and other countries. 
  
In the past two years, Indonesia's nickel exports have increased significantly, especially for China, but it has mainly appeared in the form of nickel iron. Stainless steel exports have increased significantly, but considering that Indonesia has huge nickel resources, its exports are still much lower than the maximum potential. 
  
According to data from the Indonesian Nickel Mining Association (APNI), by 2022, a total of 43 nickel processing plants and 199 nickel furnaces in Indonesia are operating, and this number will increase. Most of them are rotary kiln electric furnaces (RKEF), which treats high -grade nickel called rotten rocks to produce nickel -ray ore and nickel iron required for stainless steel. But only a few stainless steel factories operate in China. The remaining companies are using high -pressure acid immersion technology (HPAL), which can process battery materials called low -grade nickels called brown iron ore.

Q: Lun Nickel fell 780, stainless steel futures also fell 145, and the spot market was under pressure operation.
A: 【Macro News】 
1. Experts: Copper, aluminum and other strategic mineral consumption will continue to grow 
2. Sangang Middle Board Factory is successfully achieved an annual output of 2.0331 million tons 
3. Shougang steel rolling business line material line continuously breaks the Nissan record 
4. "Steel 8" and "7 aluminum" key clearing tasks are fully completed 
5. Shandong Port Yantai Port Mixed Iron Mine Japan and South Korea's bonded transfer volume exceeded 30 million tons 
  
【Futures News】 
Lun Niche fell, down 780 US dollars from the previous trading day, closed at $ 2,3005/ton; stainless steel fell 145 and closed at 14,780 yuan/ton. 
  
【Wuxi Market】 
201J1 mainstream reporting is about 9100-9300, J2J5 is reported to 8700-8800; 304 cold rolling 14700-15200, hot rolling 14800-15200, the period of nickel was affected by macro surface, a significant decline, stainless steel futures also plummeted; spot stocks; The pessimistic atmosphere in the market is strong, and some merchants continue to allow the shipments to ship, and the overall pressure operation.

Q: March 2023 news about the China stainless steel industry
A: 1.Stainless steel market prices remain stable 
In March 2023, the overall prices of the stainless steel market remained stable, with no significant ups or downs. Although the price of steel raw materials has increased, the market demand is still stable. 
2.Steel industry restructuring promotes the upgrading of the stainless steel industry 
The Chinese steel industry is undergoing industrial restructuring, which has also promoted the upgrading of the stainless steel industry. Some stainless steel companies are increasing their technological innovation efforts to enhance product quality and market competitiveness. 
3.Foreign trade exports are growing 
In March 2023, the export volume of Chinese stainless steel increased, especially the export volume to some overseas markets. This also indicates that the competitiveness of Chinese stainless steel companies in the international market is gradually increasing. 
4.Environmental protection requirements are increasing 
With the increasing awareness of environmental protection, the stainless steel industry is also facing higher environmental protection requirements. Many stainless steel companies are increasing their environmental protection investment, adopting cleaner and more environmentally friendly production technologies to meet national and market environmental standards. 
5.Rising labor costs 
Due to the increase in labor costs, the stainless steel industry is facing certain production cost pressures. Some enterprises are reducing production costs and enhancing market competitiveness through automated production, improving production efficiency, and other means.

Q: Qingshan invested 5 billion yuan to build Zhoushan stainless steel project to speed up the process
A: "The seawall upgrading project of the park's infrastructure and supporting facilities and the 35kv power transmission and transformation project were smoothly advanced in the first quarter." Recently, when I walked into Jinboyu Island, Xiashi Town, Putuo District, Zhoushan City, I could see that the pile drivers on the island were in full swing. The sand mixing facility of the building has also been erected, and the new seawall is being extended along the shoreline. 
  
Here is the Jinboyu Lingang Industrial Park project, which is invested and constructed by Tsingshan Digital Technology Co., Ltd., a holding subsidiary of Tsingshan Group, a Fortune 500 company. It is planned to invest 5 billion yuan to build the whole stainless steel industry chain island. After completion and commissioning, the annual output value is expected to exceed 15 billion yuan and the tax revenue will exceed 200 million yuan. This project is a provincial key construction pre-arrangement project in 2021 and a major provincial manufacturing project in 2022. 
  
In order to speed up the project, Xiashi Town established a special class for the Jinboyu Lingang Industrial Park project. Currently, the pile machine team, the masonry team, and the steel welding team on the island are working on the pile foundation construction of the office building and dormitory building. According to the person in charge of the special team, the special team is making every effort to promote the seawall upgrading project and the 35kV power transmission and transformation project, which are the key foundation of the project. Construction will be completed by July this year, while the seawall lift is expected to be completed by February 2023. 
 

Q: Talon Metals Accelerates Exploration at Tamarack Nickel Project in Minnesota, U.S.
A: Talon Metals Corp's Tamarack Nickel Project (Tamarack Nickel Project) purchased three new drilling rigs. The new rigs will be used to expand Talon's exploration of the Tamarack Intrusive Complex for additional high-grade nickel, copper and cobalt. 
  
Talon CEO Henri van Rooyen said: “The need to secure a domestic source of battery minerals such as nickel has become more urgent. Climate change is accelerating and the United States is dependent on foreign countries for key ingredients needed for clean energy and battery storage. Bipartisan in Congress With support, President Biden recently elevated domestic procurement of battery materials such as nickel to a national priority. “Our investment in Minnesota in new equipment, people and technology to explore battery minerals addresses this national priority and goal. " 
  
He continued: “Talon’s in-house geology and geophysics team has established an initial high-grade nickel-copper mineralisation at the Tamarack nickel project, which will supply Tesla and potential other customers. Investing in new rigs and hiring people to deploy them 24/7 will hopefully confirm our geologists' view that Tamarack is a "regional-scale" resource similar to what other large nickel sulfide mines in Canada and Russia have proven. There are many high-grade mineralized zones." 
  
Brian Goldner, Chief Exploration and Operations Officer at Talon, said: “Over the past two years, our in-house drilling and geology teams have been targeting and successfully hitting the Tamarack high-grade nickel-copper mine. Based on last year’s metrics alone, we have increased our hit rate from 50% A 95% improvement drilled a record 33,000 meters while intersecting a record amount of high-grade massive sulfide. With these new rigs, we plan to surpass past milestones and hope to demonstrate what Minnesota can do for the clean energy transition Contribute more and become a domestic source of infinitely recyclable battery materials such as nickel, copper, cobalt and iron.” 
  
Talon, a base metals company listed on the Toronto Stock Exchange, has entered into a joint venture with Rio Tinto at the Tamarack nickel-copper-cobalt project in Minnesota. Talon is entitled to up to 60% of the Tamarack Nickel Project and currently owns 51%. Talon is focused on expanding high-grade nickel mineralized resources to develop a mine plan to be submitted to Minnesota regulators. Talon has reached an agreement with Tesla Inc. to supply it within six years once commercial production is achieved from the Tamarack Nickel Project. 75,000 metric tons (165 million pounds) of nickel concentrate (and certain by-products, including cobalt and iron). 
 

Q: Tsingshan's power battery company completes shareholding reform and plans to go public in Hong Kong IPO
A: Ruipu Energy, a power battery production company under Tsingshan Holdings, has completed the shareholding system transformation and name change on April 7. The company's full name has been changed from Ruipu Energy Co., Ltd. to Ruipu Lanjun Energy Co., Ltd. Co., Ltd. and Shanghai Lanjun New Energy Technology Co., Ltd. merged. After completing the shareholding reform, Ruipu Lanjun plans to go public in Hong Kong. According to media reports, Ruipu Energy is seeking to raise about 3 billion yuan from new and old investors at a valuation of nearly 30 billion yuan. 
  
Ruipu Energy Co., Ltd. was established on October 25, 2017, mainly engaged in the research and development, production and sales of power/energy storage lithium-ion battery cells to system applications, focusing on providing high-quality solutions for new energy vehicle power and smart power storage Program. At present, the main products are lithium iron phosphate and ternary batteries. It plans to produce 20Gwh in 22 years, and plans to expand its production capacity to 30Gwh in 2023. At this stage, it is aimed at the fields of passenger cars, commercial vehicles, construction machinery and energy storage. The main customers include SAIC-GM-Wuling , Dongfeng passenger car, Sungrow, etc. At present, it has a Wenzhou manufacturing base and a Shanghai R&D center. Last year, the company's sales revenue reached 2.4 billion yuan, doubling year-on-year. According to the statistics of China Automotive Power Battery Industry Innovation Alliance, in the first two months of this year, the power battery installed capacity of REPUB was 0.18 GWh, ranking 12th in China. Its energy storage will rank third domestically in 2021. 
 

Q: Canadian miner Sheritt International to increase investment in Cuban nickel and cobalt mines
A: It is understood that Canadian mining company Sherritt International will increase investment in nickel and cobalt mines in Cuba. At present, the annual production of nickel and cobalt mines in Moa and Holguín mines in Cuba is about 35,000 tons, and the output value is expected to increase by 20% after increasing investment. 
  
Bloomberg (Bloomberg) said on this event that the current electric vehicle market that needs to use more durable batteries is rapidly emerging, and the demand for nickel and cobalt ore (durable battery electrode materials) has also increased. Leon Binedell, the new president of Sheritt International, visited Cuba in October 2021. Binedell expressed the hope to improve the country's nickel and cobalt mine production capacity, and said that the company will seek low-cost, low-risk investment methods Profit from continuous increase in production. 
 

Q: WBMS: Global nickel market supply shortage of 17,400 tons in January-February 2022
A: On April 20, 2022, according to a report released by the World Bureau of Metal Statistics (WBMS), nickel supply was in short supply during January-February 2022, with apparent demand exceeding production by 17,400 tons. For the whole year of 2021, the global nickel market will be in short supply by 146,900 tons. 
  
At the end of February 2022, reported inventories (including warehouse receipts) held by the LME were 22,000 tonnes lower than at the end of 2021. 
  
In January-February 2022, global refined nickel production totaled 447,600 tons, and demand was 464,900 tons. 
  
From January to February 2022, the global mine nickel production was 425,900 tons, an increase of 48,000 tons year-on-year. 
  
In January-February 2022, China's smelter/refinery output increased by 12,000 tons compared with the first two months of 2021, and the apparent demand was 248,200 tons, an increase of 42,000 tons year-on-year. 
  
Indonesia's smelter/refinery output in January-February 2022 was 160,600 tons, a year-on-year increase of 21.6%, while demand increased by 15.7% to 64,200 tons. 
  
In January-February 2022, global apparent demand increased by 63,000 tons year-on-year. Unreported inventory changes are not included in consumption statistics. Demand is measured in apparent numbers, and the possible impact of a nationwide lockdown has not yet been fully reflected in trade statistics. 
  
Nickel smelter/refinery product production in February was 222,600 tonnes against demand of 223,600 tonnes.

Q: Glencore's cobalt mine in DRC under scrutiny
A: The Democratic Republic of Congo (“DRC”) has put Glencore’s giant Mutanda copper-cobalt mine on a list of projects that could face renegotiation, while the critical battery metal mine is in the process of restarting. 
The investigation into Mutanda comes as DRC President Felix Tshisekedi has stepped up scrutiny of mining deals under his predecessor Joseph Kabila. While the Congolese government is reviewing copper-cobalt mines controlled by China Molybdenum and China Iron and Steel, presidential advisers are renegotiating rights to multiple raw material licenses and royalty streams controlled by Israeli billionaire Dan Gertler. 
  
"When you look at what was happening in this area with the previous regime, in terms of concessions given to foreign companies, it's not a big deal," Andre Wamesso, the president's deputy chief of staff for economic issues, said in an interview in the capital Kinshasa on Thursday. 
Shameful." 
  
Some of Mutanda's licenses are due to expire next month, and Tshisekedi has used the renewal process to set up an ad hoc committee to assess the project's benefits to the country, Wamesso said. 
  
A Glencore spokesman said via email on Friday that Mutanda had not been formally notified by any committee. 
Glencore in December confirmed it planned to reopen Mutanda, which went into care and maintenance in 2019 after cobalt prices slumped. The commodities giant said the project will produce around 11,000 tonnes of cobalt a year between 2022 and 2025, with expected average production of around 76,000 tonnes of copper and 21,000 tonnes of cobalt over the entire 20-year mine life. 
  
Mutanda reopens as the economy shifts to cleaner technologies that use electricity as an energy source and automakers' demand for the battery metal resumes. And cobalt and copper are key metals in the green transition. 
  
Three of Mutanda's four licenses are due to expire in May, according to the DRC Mining Cadastre. 
  
"This is an opportunity for us to very calmly see how things are going and whether there is an improvement in terms of rebalancing the partnership with Glencore," Wamesso said. "We are not against Glencore." He also added that any rebalancing would ensure the country's "interests are upheld". 
  
The DRC's Mining Act stipulates that miners can only submit applications for license renewal through the Cadastre and the Ministry of Mines. Neither department responded to requests for comment. The bill also requires companies to transfer 5% of their shares to the national government upon renewal. 
  
Under the Act, the Cadastral Board sends a compilation of license renewal materials to the Minister of Mines, who has 30 days to accept or reject the compilation. If the minister says nothing, the permit is considered accepted, provided the cadastre has advised the application to be accepted. After that, the renewal must be registered by the Cadastral Office. 
  
A Glencore spokesman said Mutanda was being updated in accordance with the process set out in the Congolese Mining Act, with registration expected in the coming weeks. 
  
Mutanda produced one-fifth of the world's cobalt and nearly 200,000 tonnes of copper in 2018, its last year of full production. According to Glencore's 2021 annual report, the company restarted processing oxide ore inventories late last year and explored future mining of the Mutanda sulphide resource. 
  
Negotiations with China Molybdenum over its TFM mine have stalled over a dispute over a different definition of estimating the project's mineral reserves, Wamesso said. 
  
The government believes that the company underestimated its reserves, preventing its minority shareholder (Jerkamin) from receiving contractual payments. Last month, the government said it was working to resolve the dispute amicably, and Jacamine suspended the lawsuit against China Molybdenum's TFM. Wamesso declined to comment on the legal process. 
  
Vincent Zhou, a spokesman for China Molybdenum, said: "The two parties are engaging a third party to conduct an assessment, adding that TFM's production performance in the first quarter of 2022 was higher than planned.

Q: [Interpretation of the quarterly reports of overseas nickel companies] Anglo American: nickel production in the first quarter of 2022 is 13,900 tons
A: On April 21, Anglo American released a report on nickel production in the first quarter. In the first quarter, the company's two mining areas in South Africa and Brazil produced a total of 13,900 tons. Among them, the output of the Brazilian mining area was 9,300 tons, down 8% year-on-year and 12% month-on-month; the output of the South African mining area was 4,600 tons, down 4% year-on-year and 19% month-on-month. The full-year nickel production target for 2022 remains unchanged at 40,000-42,000 tons. 
  
Brazil business: 
  
Barro Alto's nickel mine production in the first quarter was 7,900 tons, down 4% year-on-year and 8% month-on-month. 
  
Codemin's nickel mine production in the first quarter was 1,400 tons, a year-on-year decrease of 26% and a month-on-month decrease of 30%. 
  
The reduction was mainly due to late 2021 license delays, heavy rains and unexpected maintenance at Codemin and lower ore grades. 
  
South African business: 
  
Refined nickel production at the Mogalakwena mine was 4,600 tonnes, down 4% year-on-year and 19% month-on-month. The production cuts are mainly due to load shedding at Eskom and related impacts from Covid-19. 
  
The specific production and sales are shown in the table below: 
 

Q: Weiming Singapore Company intends to participate in the laterite nickel ore smelting project with an annual output of 40,000 tons of high nickel matte nickel-containing metal (Indonesia)
A: Weiming Environmental Protection announced that the company intends to use its subsidiary Weiming Singapore as the investment entity, and establish a joint venture project company with Merit International Capital Limited (referred to as "Merit Company") to invest in laterite nickel ore smelting with an annual output of 40,000 yuan of high matte nickel-containing metal. Ton (Indonesia) project (referred to as "high nickel matte project"), the final authorized capital of the project company does not exceed 120 million US dollars (or equivalent in other currencies). 
  
The company and its related party Shanghai Puxiao Enterprise Management Partnership (Limited Partnership) (referred to as "Shanghai Puxiao") intend to jointly invest 120 million Singapore dollars (or the equivalent of other equivalents) in the holding subsidiary Weiming Singapore Company by means of monetary capital increase and loan. Currency), the company and Shanghai Puxiao plan to determine the proportion of capital increase and loan amount according to the actual situation within the joint investment quota; the company and Shanghai Puxiao plan to increase the capital of Weiming Singapore Company in a timely manner according to their respective shareholding ratios. After the capital increase, Weiming Singapore The registered capital of the company shall not exceed 120 million Singapore dollars (or equivalent in other currencies), and the shareholding ratio of each shareholder shall remain unchanged after the capital increase; Proportionately lend to it. 
  
The announcement shows that the high nickel matte project, with an annual output of 40,000 tons of high nickel matte metal containing nickel, is located in WedaBay Industrial Park (IWIP), Halmahera Island, Indonesia, with a total investment of no more than US$390 million. 
  
According to the announcement, this joint investment is to meet the needs of Weiming Singapore Company to operate and promote the construction of the high nickel matte project. The company's participation in the same proportion of investment is in line with the company's long-term planning and development strategy.

Q: Shengtun Mining, Tsingshan Holdings Weiming Environmental Protection jointly expand new material business
A: As a leading domestic waste incineration treatment company, Weiming Environmental Protection (603568) has been active in the new material business field since 2022. 
  
Weiming Environmental Protection announced on the evening of April 25th that on April 24th, the company signed the "Strategic Cooperation Framework Agreement on Lithium Battery New Materials Project" with Shengtun Mining and Qingshan Holdings. , High-nickel ternary precursor production, high-nickel cathode material production and related supporting projects. 
  
On April 25, Weiming Environmental Protection, Shengtun Mining, and Tsingshan Holdings also signed the "Wenzhou Lithium Battery New Material Industry Base Project Investment Agreement" with the People's Government of Longwan District, Wenzhou City. 
  
The framework agreement stipulates that the three parties will cooperate to jointly plan and invest in the development of the above-mentioned projects in Wenzhou City, with an annual output of 200,000 tons of high-nickel ternary cathode materials, and the project will be constructed in phases. 
  
The three parties intend to set up one or more joint ventures as soon as possible to invest in new lithium battery material projects directly or through affiliated companies; the equity structure of the joint venture is that Weiminghuan maintains 51% of the shares. Shengtun Mining holds 30% and Tsingshan Holdings holds 19%. 
  
According to the project investment agreement, Weiming Environmental Protection plans to set up a joint venture project company in Longwan District, Wenzhou City, Zhejiang Province, build a lithium battery new material industry base, cooperate to promote the high-end industrial base of lithium battery new materials and modernize the industrial chain, and create an international influence. Power's iconic industrial chain of 100 billion lithium battery new energy. The base is expected to use about 1,500 mu of land. 
  
As a non-ferrous metal mining and dressing enterprise focusing on nickel, cobalt, copper and zinc metal products, Shengtun Mining has continuously improved its layout in the field of energy metals in recent years, and has continuously injected high-quality assets and expanded its business scale around energy metals nickel, cobalt and copper. 
  
The company's 2021 annual report disclosed on the evening of April 25th showed that during the period, it achieved operating income of 45.237 billion yuan, net profit of 1.031 billion yuan, a year-on-year increase of 1645.62%, and deducted non-net profit of 651 million yuan, a year-on-year increase of 378.03%. 
  
In 2021, Shengtun Mining will invest in the construction of a new energy material project with an annual output of 300,000 tons of battery-grade nickel sulfate, 300,000 tons of battery-grade iron phosphate and 10,000 metal tons of battery-grade cobalt products in Fuquan City, Qiannan Prefecture, Guizhou Province. Shengtun Energy Metal Chemical (Guizhou) Co., Ltd., a wholly-owned subsidiary of the company, has a total investment of 6.193 billion yuan. 
  
In addition, Hongsheng International, a wholly-owned subsidiary of the company, signed a joint venture agreement with Extension to set up Shengmai Nickel in Indonesia, and Hongsheng International holds a 70% stake in Shengmai Nickel. Shengmai Nickel Industry plans to build a high nickel matte project with an annual output of 40,000 tons of nickel metal in Indonesia Weidabe Industrial Park (IWIP), with a total investment of 350 million US dollars. According to the company's shareholding ratio, the foreign investment amount this time is 245 million US dollars, equivalent to 1.566 billion yuan. 
  
Compared with Shengtun Mining, Weiming Environmental's investment in the field of new materials is obvious. 
  
In January 2022, Weiming Environmental Protection announced that it will cooperate with Merit, a wholly-owned subsidiary of Indigo Company, to invest in the development and construction of a laterite nickel ore smelting project with an annual output of 40,000 tons of high nickel matte nickel-containing metal in Indonesia. The total investment of the project does not exceed 390 million US dollars. Calculated based on the company's shareholding ratio, the amount of this foreign investment will not exceed 273 million US dollars. 
  
At that time, Weiming Environmental Protection said that it will cooperate with Merit in the fields of new environmental protection materials and new energy, and plan to develop low-grade nickel ore or tailings utilization technology, lay out the new energy industry chain, and build an international leading environmental protection energy enterprise, which is in line with the company's long-term development strategy. 
  
Regarding the cooperation between Shengtun Mining and Tsingshan Holdings this time, Weiming Environmental Protection said that the signing of this agreement will help the company to strengthen cooperation with enterprises in the new material industry chain, actively develop new processes and technologies in the field of new energy, and develop new layouts. The energy new material industry chain will help expand the company's future business development space and conform to the company's long-term development strategy. The signing and performance of this agreement will not have a significant impact on the company's operating performance in 2022, but it will have a positive effect on the company's future expansion of new materials business. 
 

Q: [Interpretation of the quarterly reports of overseas nickel companies] South32: nickel production in the first quarter of 2022 is 10,600 tons
A: On April 26, 2022, South 32 announced the production of CerroMatoso ferronickel in the first quarter of 2022. Its output in the first quarter was 10,600 tons, an increase of 49% year-on-year and a decrease of 1% month-on-month. The full-year production in 2021 is 38,300, an increase of 6% year-on-year. Cerro Matoso's nickel production has grown by 33% year to date due to, as well as the successful refurbishment of previous furnaces. In the nine months to March 2022, CerroMatoso nickel production increased by 33% (or 0.77 million tons) to 30.9 thousand tons, mainly due to the completion of a large furnace refurbishment in 2021, higher Q&P pit grades, average nickel production Grades improved by about 9% (1H22: 1.73%; 1H21: 1.58%). 
  
Production guidance for 2022 remains unchanged at 43,800 tonnes. 
  
The specific production and sales are shown in the table below: 
 

Q: [Interpretation of the quarterly reports of overseas nickel companies] First Quantum: Nickel production in the first quarter of 2022 is 5,122 metal tons
A: On April 26, 2022, Canada's First Quantum Mineral released its first-quarter production report. The report showed that the Ravensthorpe nickel plant produced 5,122 metal tons in the first quarter, a year-on-year increase of 10.3% and a month-on-month increase of 51.3%; its The sales volume was 4,250 metal tons, a year-on-year increase of 84.6% and a month-on-month increase of 15.8%. 
  
Production was limited in early January due to the closure of the entire plant and did not resume until mid-January 2022, but Ravensthorpe has delivered nickel production of 4,743 tons, up from about 1,900 tons in the fourth quarter of last year, mainly because the mine benefited from High grades and recoveries at the Shoemaker Levy project. Although Ravensthorpe faces similar inflationary pressures as the company's other mines, as well as higher labor costs, the cash cost of C1 nickel will decline from $10.93 per pound in the fourth quarter of 2021 to 2022 due to higher production and sales volumes $6.78 in the first quarter. 
  
Ravensthorpe nickel production guidance for 2022 remains unchanged at 25,000-30,000 metal tons. The cash cost guidance for nickel prices was raised, and the C1 cash cost range of nickel prices rose to $6.25-7.00 per pound, and the AISC1 cash cost range rose to $7.50-8.50 per pound. 
  
The specific production and sales are shown in the table below: 
 

Q: [Overseas Nickel Enterprise Quarterly Report] Glencore: Nickel production in the first quarter of 2022 is 30,700 tons
A: On April 28, 2022, Glencore released its first quarter report, which showed that nickel production in the first quarter was 30,700 tons, an increase of 22% year-on-year and a decrease of 2% month-on-month. Two production lines were operated in the year. 
  
Integrated Nickel Operations (INO): 
  
Nickel production was 15,900 tonnes, up 11% year-on-year, mainly due to different delivery times between own and third-party nickel and the Nikkelverk refinery. 
  
Murrin Murrin: 
  
Nickel production was 7,700 tons, an increase of 3% year-on-year. 
  
Koniambo: 
  
Nickel production was 7,100 tonnes, up 109% year-on-year, mainly due to Koniambo's simultaneous operation of two production lines in 2022. 
  
The full-year nickel production guidance in 2022 will be changed from 115 ± 0.5 million tons to 11.8 ± 0.5 million tons. 
  
The specific output is shown in the figure below: 
 

Q: Ministry of Industry and Information Technology: Operation of the nickel-cobalt-lithium industry in the first quarter of 2022
A: In the first quarter of 2022, my country's new energy industry has developed rapidly, the production of the nickel-cobalt-lithium industry has grown steadily, and product prices have risen sharply. 
  
1. The output of lithium increased year-on-year, while the output of nickel and cobalt decreased slightly. According to data from Beijing Antaike Information Co., Ltd., the output of lithium carbonate and lithium hydroxide in my country was 60,000 tons and 47,000 tons respectively in the first quarter, up 23.2% and 29.5% year-on-year; refined cobalt (including electrolytic cobalt, cobalt powder, cobalt salt) etc., in terms of metal content), primary nickel (nickel products produced from primary materials, including electrolytic nickel, nickel-containing pig iron, nickel salt, etc., in terms of metal content), the output was 30,000 tons and 172,000 tons respectively, down 2.2% and 1.8% year-on-year. %. 
  
2, the price rose sharply. According to statistics from Beijing Antaike Information Co., Ltd., the average spot prices of electrolytic nickel and metal cobalt in the first quarter were 190,000 yuan/ton and 525,000 yuan/ton, respectively, up 43.2% and 54.4% year-on-year; Affected by multiple factors such as sharp rise in costs, insufficient upstream and downstream collaboration, and the spread of market panic, the price of lithium products rose sharply. The average spot prices of lithium carbonate and lithium hydroxide in the first quarter were 421,000 yuan/ton and 371,000 yuan/ton, respectively, a year-on-year increase. Up 456% and 492%. 
  
3. Imports of nickel-cobalt-lithium smelting products and cobalt concentrates increased year-on-year, while imports of nickel concentrates decreased year-on-year. According to the data of the General Administration of Customs, in the first quarter, cobalt concentrate and cobalt hydrometallurgical intermediate products were imported 7,440 tons and 84,000 tons respectively, an increase of 277.8% and 23.4% year-on-year, electrolytic nickel was imported 55,800 tons, an increase of 74.9% year-on-year, and lithium carbonate imports 27,500 tons, a year-on-year increase of 44%. The import of nickel concentrate was 4.5 million tons, down 5.3% year-on-year, and the import of electrolytic cobalt was 837 tons, down 49.1% year-on-year.

Q: Mysteel takes you to know 400 series stainless steel
A: 400 series stainless steel is an alloy of iron, carbon and chromium. Because it does not contain nickel, it is a nickel-saving stainless steel, also known as stainless steel. 400 series stainless steel contains martensitic structure and iron element, which not only has normal magnetic properties, but also has strong resistance to high temperature oxidation. Compared with carbon steel, its physical and mechanical properties are further improved. And most 400 series stainless steels can be heat treated. 
1. Composition and characteristics
The commonly used 400 series stainless steel varieties are 430, 410, 420, 409L, etc., of which 430 stainless steel is used the most. The chromium content of 430 stainless steel is 18%, which is characterized by low price, small thermal expansion coefficient, and chloride stress corrosion resistance better than 300 series stainless steel varieties; but its shortcomings are relatively obvious: formability, weldability and tensile strength. It is smaller than the 300 series stainless steel model, so its scope of use is limited. The chromium content of 410 and 420 stainless steel is 13%, and their main feature is high hardness. 400 series stainless steel has the same corrosion resistance as 300 series stainless steel in oxidizing media such as atmosphere, fresh water and nitric acid under the same chromium content, and is better than 200 series stainless steel. Adding trace amounts of niobium, titanium, copper, aluminum and other elements can improve its deep drawing performance, weldability, corrosion resistance and high temperature strength, and can partially replace 300 series stainless steel. 
  
2. Steel classification
We know that stainless steel can be divided into ferrite, martensite and austenite according to different metallographic structures, while 400 series stainless steel is mainly ferrite and martensite.
Ferritic stainless steel: The chromium content is generally 12% to 30%, usually without nickel, and sometimes with a small amount of Mo, Ti, Nb and other elements, and the matrix structure is ferritic stainless steel in use. It has the characteristics of large thermal conductivity, small expansion coefficient, good oxidation resistance, and excellent stress corrosion resistance. However, there are disadvantages such as poor plasticity, significantly reduced post-weld plasticity and corrosion resistance. The application of out-of-furnace refining technology (AOD or VOD) can greatly reduce interstitial elements such as carbon and nitrogen, making it widely used. Common 400 series stainless steel models are 430 and 409L. 
  
Martensitic stainless steel: stainless steel with a chromium content of not less than 12% (usually 12% to 18%), a high carbon content, a martensitic structure in use, and whose mechanical properties can be adjusted by heat treatment. In layman's terms, it is a type of hardenable stainless steel. Common 400 series stainless steel models are 410, 420, 440, and 436L. 
  
3. Scope of application
400 series stainless steel has a wide range of applications. Below I will show you some related application fields. Exhaust pipe, muffler, tail pipe, catalytic converter, etc. of automobile exhaust system, the main steel grades are 409L, 444, 436L, 439, 441, 429. 
  
  
Washing machine inner barrel, the main steel grades are 439, 430, 430J1 
  
  
Tableware, kitchen sinks, soup utensils, composite pot bottoms, etc., the main steel grades are 430, 420J1, 420J2, 410s. 
  
  
Building roofing materials, the main steel grades are 445 and 446M. 
  
  
Summary: 400 series stainless steel occupies the same important position in our life as 200 and 300 series stainless steel, and is an indispensable good helper in our life. No matter where the weather is hot or cold, they are always ready for every job with their robustness!

Q: [Overseas Nickel Enterprise Quarterly Report] Nickel 28: Nickel-containing MHP production in the first quarter of 2022 is 8,756 tons
A: On May 9, 2022, Nickel 28 released its first quarterly report, which announced the operating results of the Ramu Nickel-Cobalt Mine (“Ramu”) business for the quarter ended March 31, 2022. The integrated business of Ramu nickel-cobalt mine is the company's largest asset and is located in Papua New Guinea. Nickel 28 currently holds an 8.56% joint venture interest in the Ramu business, which is operated by China Metallurgical Group (“MCC”). 
  
Ramu Business Highlights in Q1 2022: 
  
Ramu produced 8,756 tonnes of nickel-containing MHP in the first quarter of 2022. 
  
Ramu produced 830 tonnes of cobalt-containing MHP in the first quarter of 2022. 
  
Ramu sold 3,336 tonnes of nickel-containing MHP in the first quarter of 2022. 
  
In the first quarter of 2022, the average LME nickel price was US$11.97/lb, up 50% year-on-year and 33% month-on-month. 
  
In the first quarter of 2022, the average cobalt price on Fast Markets was $36.24/lb. , an increase of 67% year-on-year and a month-on-month increase of 22%. 
  
· Nickel-containing MHP cash cost, net of by-product gains of $1.48/lb, decreased 12% year-over-year. 
  
Anthony Milewski, chairman of Nickel 28, said Ramu production returned to expected levels in the first quarter of 2022 as Papua New Guinea and the rest of Asia began to emerge from the global outbreak. Ramu was able to raise its cash cost in the quarter due to a significant improvement in by-product earnings, primarily cobalt earnings, despite a significant increase in raw material and input costs. It is expected that Ramu's full-year cost and production will remain at 32-33,000 tons of nickel-containing MHP, and the nickel cash cost is less than $2.00/lb (including by-product gains). Increased restrictions on major export destinations due to the global pandemic and the 2022 Winter Olympics impacted sales in the first quarter, which are expected to return to normal in the second quarter of 2022. 
  
Below are Ramu's operating results for the quarter and how it compares to the previous year. Note that these data are unaudited. 
 

Q: Australia's Jervois expected to boost cobalt and nickel output
A: Australian resource company Jervois Mining will produce the first cobalt and copper concentrates from its Idaho Cobalt Ore Company (ICO) in the United States, and will complete a nickel/cobalt study of Brazil's SaoMiguel Paulista (SMP) in July-September Refinery acquisition. According to the feasibility study, the SMP refinery can produce 10,000 t/y of metallic nickel and 2,000 t/y of metallic cobalt in the first stage, with initial commercial production expected in 2023, the Melbourne-based company said. A second stage feasibility study is currently underway to restore SMP to its full production capacity of 25,000 t/y nickel and 2,000 t/y cobalt, which is expected to be completed in the second half of this year.

Q: PT completes the acquisition of a stake in an Indonesian nickel refining company to expand its nickel business
A: PT Harum Energy Tbk (HRUM), through its subsidiary PT Harum Nickel Industry, has subscribed for 250,000 new shares in PT Westrong Metal Industry, representing 20% of Westrong Metal Industry's total issued and paid-in capital, at US$75 million. (Westrong Metal Industry is an Indonesian nickel refining company) 
  
On May 9, 2022, Ray A Gunara, President of Harum Energy, said: "The purpose of this transaction is to further develop and expand business activities in the nickel industry and is the realization of HRUM's long-term business diversification strategy." 
  
The smelter, owned by Westrong Metal Industry, uses Rotary Kring Electric Furnace (RKEF) technology and is scheduled to be built this year alongside infrastructure in the Weda Bay industrial area in the middle of Halmahera Regency. The smelter's annual nickel production will be between 44,000 tonnes and 56,000 tonnes of FENI or NPI.

Q: Mysteel: Detailed explanation of stainless steel downstream of nickel industry chain
A: Foreword: As we all know, the most frequently searched commodity in March 2022 is nickel, and the "five consecutive breakthroughs" of nickel has shocked the global international financial market. Its industrial chain and supply and demand have attracted much attention and become a hot topic sought after by the market. . There are many varieties of nickel industry chain. The Mysteel team is deeply involved in the research of each link of the nickel industry chain and obtains the most real data information in the industry in time. Mysteel has compiled a special series entitled "Detailed Explanation of Various Species of the Nickel Industry Chain", in order to improve the Good service to the majority of Mysteel customer groups, so as to further understand the various varieties of the nickel industry chain. 
  
This article is a comprehensive introduction to stainless steel in the middle and lower reaches of the nickel industry chain. The full text will focus on five chapters: stainless steel definition, stainless steel classification, smelting process, production capacity and distribution, and stainless steel application. Reference for people from all walks of life. 
  
First, the definition of stainless steel 
In my country's iron and steel industry, ordinary carbon steel and special steel coexist. Different from ordinary steel, special steel has higher strength and toughness, physical properties, chemical properties, biocompatibility and process properties, and has a wider range of applications. As an important branch of special steel, stainless steel has relatively more special application fields and higher performance requirements. 
  
From the definition of stainless steel, stainless steel refers to the general term for steel with certain chemical stability in air, water, acid-base salt or other corrosive medium. The good corrosion resistance of stainless steel is due to the addition of chromium to the steel matrix, and the addition of nickel, molybdenum and other elements further improves the corrosion resistance and improves the processing performance. 
  
2. Classification and characteristics of stainless steel 
Stainless steel is often divided into: martensitic steel, ferritic steel, austenitic steel, austenitic-ferritic (duplex) stainless steel and precipitation hardening stainless steel according to the structure state. In addition, it can be divided into chromium stainless steel, chromium-nickel stainless steel and chromium-manganese-nitrogen stainless steel according to the composition. 
  
1. Ferritic stainless steel 
Generally, it contains 15% to 30% chromium. Its corrosion resistance, toughness and weldability increase with the increase of chromium content, and its resistance to chloride stress corrosion is better than other types of stainless steel. Crl7, Cr17Mo2Ti, Cr25, Cr25Mo3Ti, Cr28, etc. Because of the high chromium content, ferritic stainless steel has good corrosion resistance and oxidation resistance, but poor mechanical properties and process performance. It is mostly used for acid-resistant structures and oxidation-resistant steels with little stress. This kind of steel can resist the corrosion of the atmosphere, nitric acid and brine solution, and has the characteristics of good high temperature oxidation resistance and small thermal expansion coefficient. . 
  
2. Austenitic stainless steel 
Generally, it contains more than 18% chromium, and also contains about 8% nickel and a small amount of molybdenum, titanium, nitrogen and other elements. It has good comprehensive performance and is resistant to corrosion by various media. The commonly used grades of austenitic stainless steel are 1Cr18Ni9, 0Cr19Ni9, etc. This type of steel contains a large amount of nickel and chromium, which makes the steel in an austenitic state at room temperature. This type of steel has good plasticity, toughness, weldability, corrosion resistance and non-magnetic or weak magnetic properties. It has good corrosion resistance in oxidizing and reducing media. It is used to make acid-resistant equipment, such as corrosion-resistant containers and equipment. Linings, conveying pipes, nitric acid-resistant equipment parts, etc., can also be used as the main material of stainless steel watch accessories. Austenitic stainless steel is generally solution treated, that is, heating the steel to 1050-1150 °C, and then cooling it with water or air to obtain a single-phase austenite structure. 
  
3. Austenitic-ferritic duplex stainless steel 
It has the advantages of both austenitic and ferritic stainless steels, and has superplasticity. Austenitic and ferritic structures each account for about half of stainless steel. In the case of low carbon content, the chromium content is 18%~28%, and the nickel content is 3%~10%. Some steels also contain alloying elements such as Mo, Cu, Si, Nb, Ti, and N. This type of steel has the characteristics of both austenitic and ferritic stainless steels. Compared with ferrite, it has higher plasticity and toughness, no room temperature brittleness, and significantly improved intergranular corrosion resistance and welding performance. The 475 ℃ brittleness and high thermal conductivity of element stainless steel have the characteristics of superplasticity. Compared with austenitic stainless steel, it has high strength and significantly improved resistance to intergranular corrosion and chloride stress corrosion. Duplex stainless steel has excellent pitting corrosion resistance and is also a nickel-saving stainless steel. 
  
4. Precipitation hardening stainless steel 
The matrix is ​​austenite or martensite, and the commonly used grades of precipitation hardening stainless steel are 04Cr13Ni8Mo2Al and so on. It is capable of hardening stainless steel by precipitation hardening, also known as age hardening. 
  
5. Martensitic stainless steel 
High strength, but poor plasticity and weldability. The commonly used grades of martensitic stainless steel are 1Cr13, 3Cr13, etc. Due to the high carbon content, it has high strength, hardness and wear resistance, but the corrosion resistance is slightly worse, and it is used for high mechanical properties and corrosion resistance. Some general parts are required, such as springs, turbine blades, hydraulic valves, etc. This type of steel is used after quenching and tempering, and needs to be annealed after forging and stamping. 
  
3. Characteristics of China's stainless steel industry pattern 
The development of my country's stainless steel industry is roughly divided into two stages. The first stage is dominated by large state-owned factories, which has created several firsts in the history of stainless steel. During this period, the stainless steel industry has achieved rapid development, and actively built stainless steel under the guidance of the state. Production base, stainless steel output has increased significantly. The second stage is the rise of private giants. Domestic private steel mills account for more than 50% of the domestic production capacity of crude stainless steel, opening a new chapter in the stainless steel industry. 
  
On the other hand, the growth of production capacity and output must be inseparable from the change of equipment and technology. After the growth of domestic production capacity and output has gradually slowed down, more and more companies are optimistic about the raw material advantages of Indonesian nickel mines, and have gone out one after another to build ferronickel production lines and stainless steel plants in Indonesia. In summary, the pattern of my country's stainless steel industry presents the following characteristics: 
  
With the development of China's stainless steel industry and the increasing demand, stainless steel production enterprises have also broken the pattern of two state-owned enterprises, Baosteel in the south and Taigang in the north, and a number of new private stainless steel production enterprises have emerged. Due to the flexibility of the mechanism of private enterprises and the faster innovation and development than traditional state-owned enterprises, they are more able to meet market demands and have become a force that cannot be ignored in China's stainless steel market. 
The distribution of steel mills in mainstream production bases shows that in Fujian, Guangdong and Guangxi, Jiangsu, Shandong, Shanxi and other places in my country, the production capacity of stainless steel is relatively concentrated, and the production capacity of steelmaking is relatively large. Private steel mills occupy half of the country. 
  
Under the Belt and Road Initiative, Chinese companies have deployed overseas 
In 2013, China proposed the "One Belt, One Road" cooperation initiative. In 2014, Indonesia implemented a ban on the export of nickel ore. Under the "stimulation" of the above policies, the pace of Chinese stainless steel enterprises began to accelerate, and a large number of domestic enterprises went to Indonesia to build ferronickel plants and stainless steel. factory. As of 2021, Indonesia has built a stainless steel crude steel production capacity of 5.5 million tons. In addition, considering the potential new production capacity of stainless steel brought by the industrial chain extension of a number of nickel-iron production enterprises such as Xinxing Casting Pipe, Indonesia Jinchuan, Indonesia Yilian, Indonesia Xinhualian, and Liqin, Indonesia will be another new force for the growth of global stainless steel production in the future. . 
  
Fourth, the main smelting process of stainless steel 
At present, the smelting process for producing stainless steel is mainly divided into one-step method, two-step method and three-step method. 
  
4.1 One-step smelting process 
The early one-step stainless steel smelting process refers to the completion of scrap melting, decarburization, reduction and refining processes in an electric furnace, and the charge is smelted into stainless steel in one step. This one-step smelting production process that only uses electric furnace to smelt stainless steel is gradually eliminated due to long smelting cycle, low operation rate and high production cost. With the continuous development of the off-furnace refining process and the wide application of AOD furnaces, many stainless steel production enterprises currently use some low-phosphorus or dephosphorized molten iron to replace scrap steel, and use molten iron and alloys as raw materials to enter the AOD furnace for stainless steel smelting. New one-step smelting process. 
Compared with the earlier one-step smelting process, the new one-step smelting process eliminates the smelting link of the electric furnace in the production process. Its advantages include: first, lower investment; second, lower production costs; consumption, and improve the purity of molten steel; fourth, the scrap ratio is low, which is suitable for the existing scrap market; fifth, it is especially economical for smelting 400 series stainless steel. 
  
However, the new one-step method has certain requirements for raw material conditions and product solutions: First, the phosphorus content of the molten iron in the AOD furnace is required to be less than 0.03%, so the dephosphorization of the molten iron must be added to the smelting process; second, the alloy is used as the raw material in the new one-step method. It is added to the AOD furnace, and the excessive amount of high-carbon alloy added to the AOD furnace will affect the heat balance of the entire smelting process, and is not suitable for stainless steel varieties with complex compositions and high alloy content.​​ 
The new one-step stainless steel production process is currently widely used in the production of 400 series stainless steel. As a developing country, China lacks scrap steel resources and is extremely nickel-poor. In addition, 400 series stainless steel is widely used in daily life and industrial production. These objective conditions make the new one-step stainless steel smelting more and more popular. Many manufacturers use it. 
  
4.2 Two-step smelting process 
The two-step process route is EAF→AOD, EAF→VOD (electric arc furnace→VOD vacuum refining furnace). The production capacity of the EAF→AOD process accounts for about 70% of the world's stainless steel production capacity. The EAF furnace is mainly used to melt scrap steel and alloy raw materials to produce stainless steel pre-melt, which is then smelted into qualified stainless steel molten steel in the AOD furnace. . 
  
In the two-step process, if the phosphorus content of the raw materials entering the electric furnace is relatively high, a link of dephosphorization of stainless steel pre-melt needs to be added between the electric furnace and the AOD furnace. The most commonly used pre-melt dephosphorization processes are converter dephosphorization and hot metal tank top spray dephosphorization. When the two-step method uses blast furnace molten iron as the main raw material for stainless steel smelting, if the blast furnace phosphorus content is high, it is also necessary to add a dephosphorization link.​​ 
  
The two-step stainless steel smelting process is widely used in the production of various series of stainless steel. 95% stainless steel variety.​​ 
However, the two-step method still needs to pay attention to the following three points in terms of medium consumption and variety plan: First, with the progress of the smelting process and the improvement of the operation level in recent years, the consumption of argon and other media in the two-step smelting process has been significantly reduced. However, compared with the one-step method and the three-step method, the consumption of argon and other media is still slightly larger; second, when the AOD furnace decarburizes to the end, the oxygen content in the molten steel is relatively high, and ferrosilicon must be added to reduce the oxygen in the molten steel, so the ferrosilicon consumption The third is that it cannot be used to produce ultra-low carbon and nitrogen stainless steel at present, and the gas content in the steel is relatively high. 
  
4.3 Three-step smelting process 
The basic process flow of the three-step method is: primary smelting furnace → double blowing converter/AOD furnace → vacuum refining device. The three-step method is an advanced method for smelting stainless steel, and the product quality is good, which is suitable for professional manufacturers and stainless steel production in joint iron and steel enterprises. 
  
The three-step method of stainless steel adds a step of deep decarburization on the basis of the two-step method. The advantages of its smelting process are: first, the division of labor in each link is clear, the production rhythm is fast, and the operation is optimized; The content of oxygen and inclusions is low, and the range of products that can be produced is wide; the third is that molten iron can be used for smelting, the requirements for raw materials are not high, and the selection of raw materials is flexible.​​ 
  
However, the three-step stainless steel smelting process realizes the metallurgical function step by step, which will have the following impacts on the production investment: first, the process links are increased, and the investment and production costs are relatively high; second, the vacuum equipment system is complex and the maintenance amount is large. 
  
At present, the smelting process for producing stainless steel in the world mainly adopts the two-step method and the three-step method. Among them, the two-step method of EAF+AOD or EAF+VOD is the most widely used, accounting for about 70%, and the three-step method accounts for about 20%. As low-phosphorus molten iron is widely used in stainless steel production, the new one-step stainless steel smelting process is also adopted by more and more stainless steel production enterprises. In order to adapt to the fierce competition in the stainless steel market, improve product quality and reduce production costs, various enterprises in my country choose appropriate stainless steel smelting processes according to their actual conditions. 
  
4.4 RKEF+AOD double smelting process 
Tsingshan Group took the lead in building and putting into operation the first RKEF production line in China in Dingxin, Fujian in 2010. Using the RKEF (rotary kiln + electric furnace) process to produce nickel-containing pig iron (nickel-iron) from nickel-rich and iron-rich nickel oxide ore has significant advantages over the general traditional process (sintering + electric furnace). The entire production process is fully enclosed, and its energy consumption and dust emissions are minimal. The electricity consumption per ton of iron in the production process is reduced by 1500 degrees, and the dust emission is reduced by 80%. 
  
Tsingshan Group has opened up the production of ferronickel and stainless steel smelting process, and created a set of RKEF+AOD dual stainless steel smelting process. →Smelting →Continuous casting →Hot-rolled stainless steel strip, the nickel molten iron is directly sent to the AOD steelmaking furnace without cooling, and hot-loaded and sent twice, which changes the traditional mode of stainless steel production, saves a lot of energy, and greatly improves the The steelmaking speed of stainless steel reduces the loss of raw materials and produces great economic benefits. It has achieved a historic breakthrough in the continuous and integrated production of stainless steel, greatly reduced pollutant emissions, and reduced energy consumption per ton of steel by about 50%. This technology was awarded a national invention patent in 2014, which is the world's first. 
  
5. Application of stainless steel 
  
200 series stainless steel applications
Features: It has the characteristics of acid resistance, alkali resistance, high density, no bubbles and no pinholes in polishing. 
Uses: Mainly used for decorative pipes, industrial pipes and some shallow stretched products. 
300 series stainless steel applications
Characteristics: As one of the most widely used steel grades, it has good corrosion resistance, heat resistance, low temperature strength and mechanical properties. Good hot workability such as stamping and bending, no heat treatment hardening phenomenon (non-magnetic, operating temperature -196℃~800℃) 
Uses: Mainly used for home appliances, tableware, kitchenware, water heaters, boilers, food machinery, etc.; currently in the field of stainless steel decorative welded pipe manufacturing in Guangdong Province, it has also been widely used, such as Haili, Great Wall, Yuehua, Xingzhongcheng, Jian Yuan, Baocheng, Wanjiahong, Lion King, Hongguan, Yunsheng, Minggao and many other member companies of Guangdong Stainless Steel Materials and Products Association are 304 stainless steel products. 
  
400 series stainless steel applications
Characteristics: As a representative steel grade of ferritic steel, it has low thermal expansion rate, excellent formability and oxidation resistance. 
Uses: Mainly used for heat-resistant appliances, burners, home appliances, Class 2 tableware, kitchen sinks, exterior decoration materials, bolts, nuts, CD rods, screens, etc. 
 

Q: DMCI: Nickel ore shipments in the first quarter increased by 26% year-on-year
A: DMCI Mining Corporation (DMCI Mining) contributed P499 million in core earnings in the first quarter, up 20 percent from P415 million in 2021, despite zero production at its subsidiary Berong Mine. Mainly the following factors have contributed to the growth of its benefits: 
  
1) Shipment volume increased. BNC's ample nickel inventory of 332,510 MWt and ZDMC's higher production translated into higher total shipments, resulting in a 26% increase in total shipments in the first quarter from 494,000 MWt to ​​620,000 MWt. Most of this (59%) came from ZDMC, whose shipments surged from 259,000 wet tons to 365,000 wet tons, an increase of 41%. Shipments of BNC increased by 9%, from 235,000 wet tons to 255,000 wet tons. 
  
2) Favorable exchange rate. The Philippine peso fell 6 percent against the U.S. dollar from 48 to 51 to the dollar, boosting earnings for Philippine exporters. 
  
3) The price of medium grade is increased. The global nickel supply shock pushed up the selling price of medium-grade nickel from $53/wet tonne to $72/wet tonne, an increase of 34%. At the same time, the selling price of lower-grade nickel fell by 10%, from $39/wet tonne to $35/wet tonne. No high-grade nickel (above 1.80%) was sold in the first quarter. 
  
Additionally, DMCI reported the following: 
  
1) Weak production. Nickel mine production plummeted from 555,000wt to 318,000wt, a drop of 43%, due to the depletion of the Berong mine in the fourth quarter of 2021. Production at ZDMC increased by 5%, from 303,000 wet tons to 318,000 wet tons. 
  
2) Sold lower grades of ASP and nickel. The average nickel grade sold fell from 1.37% to 1.30% due to a 13% drop in BNC's sales nickel grade from 1.42% to 1.24%. Nickel grades sold by ZDMC were unchanged at 1.33%. As a result, the average selling price decreased by 6%, from $47/wet ton to $44/wet ton. 
  
3) Inventory drops. Total nickel mine inventories fell 72% from 543,000 wet tons to 154,000 wet tons due to lower production and higher shipments. 
  
4) Higher operating expenses and non-cash items. Operating expenses grew more than revenue due to higher fuel costs, marketing expenses, excise taxes and royalties. The former surged from PHP 193 million to PHP 263 million, an increase of 36%, while the latter rose from PHP 1.14 billion to PHP 1.42 billion, an increase of 25%. Non-cash items rose 65 percent from PHP 113 million to PHP 186 million due to higher shipments and depreciation of new equipment acquired last year. 
  
5) Higher debt and cash levels. The company used the PHP300 million additional debt to refinance the previous loan at a lower interest rate. As a result, the debt level increased by 75%, from PHP 400 million to PHP 700 million, while the cash balance increased by 70%, from PHP 800 million to PHP 1.4 billion.

Q: Ukraine's nickel ore imports fell by 23% year-on-year
A: According to data released by the State General Administration of Customs (STS), the import volume of nickel ore and concentrate in Ukraine from January to April 2022 decreased by 22.9% year-on-year to 285,900 wet tons; in currency terms, the import value of nickel ore fell by 24.1% to 1307.2 Ten thousand U.S. dollars. Its ore is mainly imported from Guatemala (100% of deliveries are denominated in currency). 
  
According to reports, compared with 2020, Ukraine's nickel ore and concentrate imports in 2021 decreased by 20.6% to 1.236 million wet tons. In currency terms, the value of nickel ore imports fell 22.2% to $58.929 million. 
  
Pobuzhsky Ferronickel Plant (PFP, Kirovohrad region, part of Solway Group) imports nickel ore into Ukraine. PFP processes approximately 1.2 million wet tons of ore per year.

Q: Horizonte begins construction of Araguia nickel mine in Brazil
A: Horizonte Minerals has begun construction of its Araguaia nickel mine in northern Brazil, which will produce 29,000 tonnes of battery metal a year, mainly for the stainless steel market. 
  
The project, which will take about two years to complete, will initially produce 14,500 tonnes of nickel per year. Construction includes an open pit and a processing plant that is expected to produce ferronickel within 28 years. 
  
Araguaia is considered a key project in the diversification of Brazil's mining industry, which is centered on iron ore. 
  
Horizonte is also advancing a feasibility study for the Vermelho nickel-cobalt project, also in the state of Pará. Vermelho expects to produce about 15,000 tonnes of nickel and 6,000 tonnes of cobalt annually in the first phase. 
  
Over the 38-year mine life, Vermelho's capacity could increase to 24,000 tonnes of nickel per year. 
  
Brazil, with estimated nickel reserves of 16 million tonnes, is currently the world's eighth-largest nickel producer, with production of 100,000 tonnes in 2021. 
  
Global nickel use surged 16.2% last year, driven by soaring demand from stainless steel and battery end-use industries. The result is a nickel supply shortfall of 168,000 tonnes, the largest production shortfall in at least a decade, according to the latest statistics on the market from the International Nickel Research Organization.

Q: Silkroad Nickel plans to build nickel smelter in Palu, Indonesia
A: Silkroad Nickel Ltd. is planning to build a nickel processing and refining (smelting) industry in the Palu Special Economic Zone (SEZ) in Central Sulawesi, Indonesia. It is estimated that the smelter needs to supply 3 million wet metric tons of nickel ore per year, which will be processed into 280,000 tons of ferronickel products per year. 
  
Silkroad Nickel Ltd. plans to use Rotary Kiln Electric Furnace (RKEF) technology to build a nickel smelter with a capacity of 4 x 36 MVA for the first phase of the 100-hectare smelter project in Palu Special Economic Zone (SEZ), Central Sulawesi . 
  
Silkroad Nickel Ltd. has also successfully completed an integrated exploration drilling program at the mine, aimed at updating the resource base. 
  
Silkroad Nickel Ltd. said that with the construction of the 4 x 36 MVA smelter, it can support the government's desire to meet domestic market demand as well as future demand in the international market. The Phase II smelter project will continue to reach 8 x 36 MVA. The Silkroad Nickel Ltd. smelter construction project will add about $300 million to the value of the investment in Indonesia. 
  
At present, Silkroad Nickel Ltd. has reached an agreement with the Central Sulawesi Provincial Government and the Palu Municipal Government on the construction of the smelter. These relate to regional companies, cooperatives, MSMEs and empowerment programmes that employ local workers. 
  
Silkroad Nickel Ltd. is a holding company with several nickel mining subsidiaries.

Q: Lange's point of view: technical characteristics and technical level of cold-rolled stainless steel industry
A: 1. Technical characteristics of cold-rolled stainless steel industry 
  
(1) High-end production equipment. Stainless steel is a kind of high alloy steel with high rolling deformation resistance and high degree of work hardening, which is 2-3 times that of ordinary carbon steel. Therefore, in order to ensure the high precision and high efficiency of rolling, a rolling mill with high rigidity is required. In addition, the equipment of the entire cold rolling production line is complex, and the high-precision equipment in the unit accounts for a large proportion, involving various aspects such as electromechanical and instrument automation. 
  
(2) The production process is complicated. The production process of cold-rolled stainless steel strip includes raw material quality inspection and welding lead of the preparation unit, multi-pass rolling of the cold-rolling unit, pickling annealing or bright annealing, strip cleaning, leveling or straightening, frosting, anti-fingerprint treatment , Rolling, slitting or cross-cutting, packaging, warehousing and other processes, any problems in any process will seriously affect the quality of the final product. 
  
(3) Strict quality requirements. The continuous expansion of stainless steel application fields and the industrial upgrading of downstream application industries have put forward higher and higher requirements on the quality of stainless steel, not only requiring further reduction of thickness specifications, but also requiring more optimization of dimensional accuracy, flatness and surface quality. Therefore, the requirements for total quality control of the cold rolling production process are becoming more and more stringent. 
  
(4) High management level requirements. The production of cold-rolled stainless steel plate and strip is a multi-unit joint operation. The production process is complex, and the process balance and management are very important. A good production organization and management ability is the fundamental guarantee for improving the production level and product quality. 
  
2. Technical level of cold-rolled stainless steel industry 
  
Although my country's cold-rolled stainless steel industry has a short development time, it has developed rapidly in the past ten years. With the rising market demand for high-end cold-rolled products, many traditional and backward four-high, six-high, eight-high and other rolling mill equipment and processes have been gradually eliminated. Among the newly added cold rolling capacity of stainless steel production enterprises in my country in recent years, the introduction and production of many high-end unit equipment such as 20-high single rolling mill or continuous rolling mill has improved the technology and equipment level of my country's cold-rolled stainless steel industry as a whole. . 
  
In recent years, with the continuous adjustment of the global stainless steel industry structure, the new capacity of the global cold-rolled stainless steel plate and strip is mainly concentrated in China. Overall, my country's technology and equipment in the cold-rolled stainless steel industry have been at the world's advanced level.

Q: MGB: Nickel mine production down 9% to 3.7m dry tonnes in Q1
A:   
According to the Bureau of Mines and Geosciences (MGB), the value of Philippine metal mine production jumped 36.21% to P48.61 billion in the first quarter of 2022 from P35.69 billion in the same period of 2021. 
  
Rising metal prices and higher production of gold, silver and copper were the main drivers of growth during the period, MGB said. 
  
The MGB report showed that gold accounted for the largest share of total output value at 22.24 billion pesos, accounting for 45.74%; followed by direct transportation of nickel ore and its nickel products, mixed nickel-cobalt sulfide and scandium oxalate with a total output value of 19.27 billion Peso, accounting for 39.64%. Copper followed with 6.31 billion pesos, or 12.98 percent; while silver, chromite and iron ore combined contributed 800 million pesos or 1.64 percent. 
  
In terms of production, all metals production rose, with gold up 15% to 7,137 kg from 6,214 kg; silver up 126% to 12,673 kg from 5,603 kg; copper up 47% to 64,841 dry tons from 44,050 dry tons; chromite 282% to 18,036 dry tons from 4,720 dry tons; iron ore up 177% to 44,133 dry tons from 15,898 dry tons. 
  
Direct shipping of nickel ore was the only production cut during the period, down 9% to 3.7 million dry tons from 4.08 million dry tons in 2021. The average price of nickel over the same period surged 59% to $28,089.77 a tonne from $17,625.46 a tonne; copper rose 18% to $9,986.01 a tonne from $8,478.58 a tonne; and gold rose more than 4% to a troy ounce from $1,801.86 a troy ounce An ounce of $1874.91. 
  
MGB said it currently plans to sustain the development of the mining industry by developing an 18-year roadmap aimed at: increasing investor confidence in the mining industry from 2022 to 2024; expanding domestic ore production from 2023 to 2030 and mineral assets, to move the domestic industry towards the global mineral market in the field of semi-finished and fully processed mineral products from 2026 to 2040.

Q: Industry Chain|| Guangdong Yongjin, Taiyuan Iron and Steel, Walsin Lihua and other steel enterprises and major events in the industry
A: Guangdong Yongjin 350,000-ton wide-width precision stainless steel strip technical transformation project 
  
The Guangdong Provincial Energy Bureau recently announced that the main technical standards and construction plans adopted by Guangdong Yongjin Metal Technology Co., Ltd. for the annual processing of 350,000 tons of wide precision stainless steel plates and strips meet the requirements of relevant national energy-saving regulations and energy-saving policies. Project energy saving report. The project is designed to produce 350,000 tons of 300 series 2B precision stainless steel strips per year. 
  
TISCO: The acquisition of Xinhai Industrial shares passed the anti-monopoly review 
  
TISCO Stainless announced that on June 2, 2022, the company received the “Decision on No Further Review of the Anti-monopoly Review on Concentration of Business Operators” issued by the State Administration for Market Regulation (Anti-Zheng Second Review Decision [2022] No. 332), The specific content is "According to the provisions of Article 25 of the "Anti-Monopoly Law of the People's Republic of China", after preliminary examination, it is hereby decided that no further examination shall be carried out on the case of Shanxi Taigang Stainless Steel Co., Ltd.'s acquisition of the equity of Shandong Xinhai Industrial Co., Ltd. The company can implement concentration from now on. This case involves other matters other than the anti-monopoly review of the concentration of business operators, and it will be handled in accordance with relevant laws.” 
  
Walsin Lihwa expands global presence in stainless steel 
  
On May 31, the board of directors of Walsin Lihwa Co., Ltd. decided to acquire a 70% stake in European stainless steel bars and Panyuan steel mill Cogne Acciai Speciali (hereinafter referred to as CAS) from the Italian Marzorati family for 225 million euros, combining the product, technology and market advantages of both parties. , become a global stainless steel enterprise, and is expected to complete the merger and acquisition process by the end of 2022. 
Baosteel Co., Ltd. plans to achieve 80 million tons in the first step and 100 million tons in the second step in the future 
  
Recently, Baosteel replied on the investor platform that the absorption and merger of Wuhan Iron and Steel Co., Ltd. has achieved remarkable results! Through the successful experience of Baowu integration, the company is confident and looking forward to the benefits of future mergers and acquisitions. To further develop and expand, realize the production capacity plan of 80 million tons in the first step and 100 million tons in the second step. 
  
Indonesia seeks to complete 53 30 nickel smelters by 2024 
  
The Indonesian government aims to complete the construction of 53 smelters by 2024. As many as 21 smelters were operating in Indonesia by the end of 2021. These nickel smelters are being built to provide added value to nickel mines after the government introduced a policy to ban the export of mineral raw materials, starting from 2020. To support this policy, the government aims to build 53 smelters, including 30 nickel smelters, by 2024. 
The first phase of the Indonesian CNI ferronickel project jointly contracted by China ENFI officially started 
  
From June 1st to June 7th, the first phase of the Indonesian CNI ferronickel project, which was jointly contracted by China ENFI and PT PP, a large-scale engineering construction enterprise in Indonesia, held a kick-off meeting, marking the official start of the first phase of the project. After the project is fully completed, it will process 3.78 million tons of dry base ore and produce ferronickel with a grade of 22%, equivalent to an annual output of 55,600 tons of nickel metal.

Q: Huayou Cobalt: Huafei Nickel-Cobalt Project is expected to be put into operation in the first half of 2023
A:   
Huayou Cobalt stated on the investor interaction platform that the planned construction of the 120,000-ton (nickel metal content) nickel-cobalt hydroxide wet process project has now fully started construction, and it is expected to be ready for the first half of 2023. 
  
Huafei Nickel-Cobalt Project is located in Weidabe Industrial Park, North Maluku Province, Indonesia. It is the second hydrometallurgical smelting project undertaken by China 20th Metallurgical Company in Indonesia after the Huayue Project. It is a perfect integration of Indonesian resources and Chinese technology. . The project adopts the most advanced high-pressure acid leaching process in the world today, that is, the nickel-cobalt hydroxide is extracted from laterite ore, which has multiple advantages such as low cost and green environmental protection. It will have an epoch-making impact on the global nickel production industry pattern and nickel consumption field.

Q: Dow Technology: is planning to build an Indonesian laterite nickel mine with an annual output of 20,000 tons of nickel
A:   
Recently, Dow Technology said in an investigation by an agency that the company is currently planning to build a laterite nickel ore project with an annual output of 20,000 tons of nickel metal and a high nickel matte project in the Indonesian base. 
  
Previously, Dow Technology stated that Indonesia is one of the countries with the most abundant laterite nickel ore resources in the world. The ultimate purpose of the company's establishment of PT.JIANAENERGY in Indonesia is to provide a reliable nickel resource guarantee for the development of the company's lithium battery material business, and to open up and further optimize it. The company's raw material supply, thereby reducing the raw material cost of the company's high-nickel ternary precursor products, and enhancing the company's core competitiveness. In the follow-up, the company will choose an opportunity to build a nickel resource smelting project in Indonesia. This measure will help the company to build a complete new energy material industry chain, which is in line with the company's development strategy.

Q: Glencore strikes acquisition deal in Kolosori
A: On June 15, 2022, ASX-listed Pacific Nickel signed an investment agreement with Glencore for a three-year, $22 million investment agreement. U.S. dollar pre-export financing and offtake of four-year production at the Kolosori nickel project in the Solomon Islands. 
  
The offtake agreement may be extended for a further two years by mutual agreement. Offtake prices will be linked to market prices with standard commercial adjustments based on product quality. 
  
Pacific Nickel told shareholders on June 15 that the $22 million in debt financing will include $17 million in construction and $5 million in reserves. The facilities are still subject to Glencore completing its final due diligence, approval of the Kolosori mining license, credit approval and full documentation. 
  
Early works at Kolosori were successfully completed earlier this year, including construction of infrastructure, excavation of test pits to assess mining and storage designs, and calibration of grade control methods, completion of geotechnical assessments, and quarrying Assessment to provide building materials required for dock and road construction. 
  
DFS for the project is scheduled for completion in the second quarter.

Q: Zhongwei New Materials has become the world's largest buyer of high nickel matte
A: Zhongwei New Materials has completed the commissioning of its production line for producing high nickel matte with an annual output of 80,000 gold tons. It plans to start purchasing high matte nickel in large quantities in July. In July, it will purchase 7500+ tons of high nickel matte nickel with upstream suppliers, and has become the world's largest buyer of high nickel matte. During the same period, well-known domestic producers of electrolytic nickel plates also used 3,000+ nickel metal per month to produce high-quality matte nickel in Indonesia. The supply of laterite nickel resources was more widely used in new energy and traditional industries.

Q: Guangxi Zhongwei's new production line of 80,000 tons of high matte nickel was announced
A: Guangxi Zhongwei will build a new high-matte production line in Qinzhou, with a designed annual production capacity of 80,000 tons, to meet the raw material demand for high-matte nickel sulfate production in the first phase of the project. The investment is 506.087 million yuan. 
 

Q: Energy China International Group signs contract for Sulawesi nickel mining project in Indonesia
A: On March 25, Energy China International Group and Indonesia Bolimar Co., Ltd. signed the mining and transportation contract for the Luwuk laterite nickel ore project in Sulawesi Island, Indonesia, realizing the rolling development in the Indonesian mining market. 
  
Indonesia's nickel reserves rank first in the world, accounting for 52% of the world's total nickel reserves. The project is located in Sulawesi Island, which accounts for about 80% of Indonesia's total nickel ore resources, with a total mining area of about 1,000 hectares. Energy China International Group is responsible for organizing the implementation of mining and transportation services. The annual mining and transportation volume is 2 million tons, and the contract period is 5 years. The scope of the project mainly includes surface clearing, overburden stripping and ore stripping, excavation, loading, transshipment, and road maintenance during construction. 
  
This project is an important project for Energy China International Group to actively participate in the joint construction of the "Belt and Road" in Indonesia. It is also a leading and coordinating "2+N+X" brother enterprise to coordinate "going out", accelerating transformation and upgrading, and promoting non-electricity business "going out". "Another result. 
 

Q: Lange's Viewpoint: Exploring Stainless Steel Demand Trends in the Automotive Industry
A: 1. The demand for stainless steel for automobile exhaust pipes has peaked 
  
The amount of stainless steel in each vehicle is generally 24kg-30kg, of which the amount of stainless steel in the exhaust pipe is generally 15kg-22kg, and the amount of steel used in the exhaust pipe accounts for more than 50%, or even more than 90%. The stainless steel used for the exhaust pipe is mainly 409, 439, 436 steel, and some are also 304, 80% of which are ferritic stainless steel. 
  
According to statistics, in 2021, there will be 26.535 million vehicles in China, with more than 3.5 million new energy vehicles in the mid-term (no car exhaust pipes), and 23 million traditional fuel vehicles (requiring car exhaust pipes). If traditional fuel vehicles are measured by 18.5kg of stainless steel per vehicle, it means that 426,000 tons of stainless steel are needed. 
  
In 2021, China's automobile production will be 26.535 million units, a year-on-year increase of 6.5%; compared with the same period in 2019, an increase of 2.8%. From the perspective of annual development, automobile production and sales in 2021 will show a year-on-year increase, ending the three consecutive years of decline since 2018. Among them, new energy vehicles have become the biggest bright spot. The annual sales volume exceeded 3.5 million, and the market share increased to 13.4%, which further shows that the new energy vehicle market has shifted from policy-driven to market-driven. 
  
In the first quarter of 2022, my country's automobile production and sales will maintain a stable year-on-year growth; new energy vehicle production and sales will continue to maintain rapid growth, and the market penetration rate will reach about 19%; in the first quarter, automobile exports will maintain rapid year-on-year growth, and vehicle exports may exceed 600,000 In particular, the export of new energy vehicles may reach more than 150,000. 
  
With the gradual improvement of the infrastructure of new energy vehicles, relevant preferential support policies and the advantages of electric vehicles, the production and sales of new energy vehicles in my country are still setting new historical records, realizing the substitution effect on the traditional fuel vehicle market, and driving the auto market to accelerate to new energy vehicles. transformation. 
It can be seen from the above data that although China's automobiles maintain a moderate growth trend, the growth is mainly for new energy vehicles (which do not require automobile exhaust pipes). On the contrary, traditional fuel vehicles have continued to show a negative growth trend, which means that the demand for stainless steel for automobile exhaust pipes The peak has been shown, and the demand has gradually decreased. 
  
2. The level of domestic automobile decorative strips rises rapidly 
  
In recent years, with the improvement of people's living standards, the aesthetics of family cars is also constantly improving. Therefore, a large number of decorative bright strips for the body are used in passenger cars. It is optimistic that about 50% of passenger cars use stainless steel bright strips. Based on the average consumption of 2.2Kg/vehicle, it is estimated that the annual consumption of domestic decorative strips in 2021 will be about 29,000 tons. In addition to the demand in the secondary refitting market, the demand for high-end stainless steel decorative strips is expected to be more than 30,000 tons. With the rapid rise in the level of domestic stainless steel automotive trim strips, substitution of imports will be the trend. 
  
3. The prospect of steel for automobile tanks is unlimited 
  
It is reported that the current domestic municipal sanitation, gardens, highway systems used in sprinkler trucks, spray trucks and oil supply trucks used in oil fields, etc., their tanks and pipelines are mainly made of ordinary carbon steel materials, and the service life of vehicles is limited by the tank. The treatment of body anticorrosion technology has restricted the development of liquid tank vehicles for many years. 
  
Stainless steel materials for automobile tanks not only solve the problem of anti-corrosion treatment from the source, but also extend the use of vehicles more widely. The full application of stainless steel materials in liquid transportation vehicles optimizes the production process of the tank, makes the production process of the product more environmentally friendly, and at the same time improves the service life of the product and expands the scope of use, so that it can not only take into account the watering operation, but also It can also transport food liquids such as pure water and milk, as well as corrosive liquids such as seawater. 
  
Undoubtedly, this is a product with a high competitive advantage in the domestic and foreign markets. In addition, the stainless steel material also has a high recycling value. Once promoted, it will definitely lead the entire industry.

Q: The furnace age of the high nickel matte converter in Qingshan Park, Indonesia exceeded 50 times
A: At 7:26 a.m. on June 18, 2022, with the operation of the shaker, the finished product of the 50th heat of the No. 1 converter of the HNMI matte nickel division was slowly poured into the ladle and tapped smoothly. At 9:16, the feeding and air supply were continued, and the next furnace blowing was carried out, which marked a qualitative breakthrough in the production of Qingshan high nickel matte converter. Under the leadership of the company's leaders, all employees of the nickel matte business unit adhere to the cultural concept of "dare to be the first, honesty and dedication", overcome many difficulties such as immaturity in technology and unskilled operation, and continue to make progress and break through themselves. , forge ahead bravely, and make continuous efforts to ensure the stable and efficient production of high nickel matte. 
  
From construction to the initial stage of production, there were many difficulties. All employees of the matte business department worked hard, and constantly summarized themselves in the production process, from process optimization, equipment improvement, blowing process parameter control, production rhythm, material control, and personnel management. etc. to improve. The furnace age of the converter has exceeded 50 times, and it has gradually moved towards stable production, which has painted a strong stroke for the rapid development of Qingshan Park.

Q: Magnus Energy Signs Multiple Nickel Mining and Shipping Agreements in Indonesia
A: Magnus' wholly-owned subsidiary MEG Harta Indonesia (MHI) signed an agreement on June 14 to provide mining and supply of nickel ore from the Kolaka mine in Sulawesi. Mitsubishi Heavy Industries and another private Indonesian company called "Company A" are buyers. The sellers are entities owned by the Sulawesi Regional Government and two Indonesian private companies. 
  
Magnus stated that for confidentiality reasons, and because the relevant consent of the parties was not obtained, the identities of the parties could not be disclosed. The sellers have agreed to sell an initial amount of 20,000 tonnes of nickel ore – possibly 10% more or less. Buyers - Mitsubishi Heavy Industries and Company A - have the option to purchase more quantities as shipments increase. 
  
MHI also signed another agreement with Company A on June 13 to jointly sell and transport nickel ore. Company A holds a license to transport and sell nickel ore. Mitsubishi Heavy Industries will be responsible for procuring the nickel ore and preparing it for shipment, covering the cost of renting a terminal and loading the nickel ore onto a barge or ship. The two parties will cooperate for 12 months from the date of signing the agreement. 
  
In addition, Company A entered into an agreement on November 15, 2021 to sell nickel ore extracted from Kolaka to third-party smelters. Nickel ore sales under the agreement will run until January 15, 2023. 
 

Q: Brazilian Nickel Company Piauí Nickel-Cobalt Laterite Project Starts Production
A: On July 4, 2022, Brazil Nickel announced that after an 18-month construction and commissioning period, its 100%-owned Piauí nickel-cobalt laterite project has begun continuous nickel production. 
  
The company said in a media statement that the first nickel hydroxide product was produced by the world's first independent laterite nickel heap leaching operation. The initial production of PNP1000 will be increased to 1400 tons of NHP nickel per year, which is the first step in increasing productivity later. PNP1000 is the initial small-scale commercial production project at the Piauí Nickel Project. 
  
Brazil Nickel said its annual production guidance for 2022 is 300 tons of nickel and 3 tons of cobalt, and it expects annual production guidance of 1,400 tons of nickel and 35 tons of cobalt in 2023. 
 

Q: Indonesia: It is necessary to implement a policy to restrict the export of nickel-derived products with a nickel content of less than 70%
A: Eddy Soeparno, Deputy Chairman of Indonesia's Seventh Committee DPR RI, said that with its large nickel resources and reserves, Indonesia has the opportunity to become a major player in the raw material supply chain for the future of battery electric vehicles. 
  
Eddy Soeparno said total nickel resources in 2021 will reach 13.957 billion tonnes of ore and 145.208 million tonnes of metal. Total nickel reserves reached 4.561 billion tons of ore and 49.260 million tons of metal. According to 2020 U.S. Geological Survey data, Indonesia is the world's largest producer of nickel ore, with nickel production reaching 800,000 tons in 2019, compared with world nickel production of 2.668 million tons. The largest proportion of Indonesia's nickel resource reserves is nickel ore with a nickel content of less than 1.7%, which contains a large amount of cobalt used in lithium battery materials. 
  
Speaking at the Nickel Summit in Bali on July 26, 2022, Eddy Soeparno said: "In order to support the government's strategic project to develop electric vehicle batteries, there needs to be incentives for laterite nickel ore that can be processed through a hydrometallurgical process with a nickel content of less than 1.7%. The HPAL plant in the world. As the country with the largest reserves of nickel in the world, as well as other metal minerals such as copper, manganese, aluminum, etc., is currently building an ecosystem for the electric vehicle industry, Indonesia has a high bargaining position in controlling the supply chain to meet the needs of battery-based demand for electric vehicles”. 
  
The Seventh Committee DPR RI is also a member of Indonesia Battery Holding Company (IBH) through its partners: Mind Id, PT Antam Tbk, PT Pertamina (Persero) and PT PLN (Persero), in collaboration with the Ministry of Industry and Information Technology and the National Research and Innovation Agency (BRIN) Accelerating the development of a battery-based national electric vehicle industry ecosystem has become a national project. 
  
He emphasized that in order to encourage the development of the domestic downstream nickel industry, policies to restrict the export of NPI and FeNi or nickel derivatives with nickel content below 70% need to be implemented.

Q: [Overseas Nickel Enterprise Quarterly Report] Ehrman: Nickel turnover in the second quarter of 2022 is 410 million euros
A: In Indonesia, mines produced nearly 8.1 million wet tonnes of marketable nickel ore in the first half of 2022, up 33% year-on-year. External ore sales in the quarter exceeded 7.5 million wet tons, up 79% year-on-year. The nickel-iron alloy plant, also supplied by the mine, produced 19,600 tonnes in the first half. Eramet sold 8,500 tonnes as part of the offtake contract. During the period, Weda Bay's contributions to the FCF Group totalled €121 million, of which €107 million was related to the payment of dividends and repayment of shareholder loans. 
  
In New Caledonia, SLN mining production was 2.4 million wet tonnes, up 6% year-on-year, despite severe weather and operational difficulties. Ferronickel production rose 10% to 20,400 tonnes, while ferronickel sales rose 6% to 20,000 tonnes. Exports of low-grade nickel ore rose 31% to 1.5 million wet tonnes. However, the Doniambo plant has been severely disrupted by ongoing power supply difficulties. 
  
Cash costs averaged $8.06/lb in the first half of 2022, with input cost increases primarily in energy, coal (prices more than tripled) and freight (nickel ore up about 43%), while currency effects and favorable ore Prices offset some of the impact. As of June 30, SLN had debt of 427 million euros and had breakeven free cash flow in the first half of the year. 
  
In the third quarter of 2022, demand for nickel in the stainless steel industry should continue to slow due to rising raw material prices and global macroeconomic uncertainty. 
  
Global primary nickel production is expected to continue to grow in the second half of 2022, but is still mainly supported by developments in Indonesian production (NPI, matte and HPAL25). 
  
At Weda Bay in Indonesia, ferronickel production was confirmed at nearly 40,000 tonnes in 2022, with saleable mine production targets remaining at around 15 million wet tonnes. 
  
In New Caledonia, problems with grid supply cannot be resolved until a temporary offshore power plant is planned to be built in early September, so the target has been revised to produce more than 40,000 tonnes of ferronickel at the Doniambo plant in 2022. Mine exports exceeded 3.5 million wet tons. 
  
The specific production and sales are shown in the table below:

Q: [Overseas Nickel Enterprise Quarterly Report] Nickel 28: Nickel-containing MHP production in the second quarter of 2022 is 8,128 tons
A: On August 4, 2022, Nickel 28 released its second quarter (Q2) report, which announced the operating results of the Ramu Nickel-Cobalt Mine (“Ramu”) business for the quarter ended June 30, 2022. The integrated business of Ramu nickel-cobalt mine is the company's largest asset and is located in Papua New Guinea. Nickel 28 currently holds an 8.56% joint venture interest in the Ramu business, which is operated by China Metallurgical Group (“MCC”). 
  
Ramu Business Highlights in Q2 2022: 
· Ramu 22 Q2 produced 8,128 tonnes of nickel-containing MHP. 
Ramu 22 Q2 produced 695 tonnes of cobalt-containing MHP. 
· Ramu 22 Q2 sold 6,624 tonnes of nickel-containing MHP. 
·22 Q2, the average LME nickel price was US$13.13/lb, a year-on-year increase of 67%; 22 H1 LME average nickel price was US$12.50/lb, and 21 H1 nickel price was US$7.92/lb. 
·22 Q2, Fast Markets average cobalt price was US$38.19/lb, an increase of 81% year-on-year; 22 H1 cobalt price was US$36.93/lb, and 21 H1 cobalt price was US$21.38/lb. 
·22 Q2 nickel-containing MHP cash cost, deducting by-product income of US$3.03/lb, increased by 7% year-on-year; 22 H1 nickel-containing MHP cash cost, deducting by-product income of US$2.22/lb, remained flat year-on-year. 
  
Anthony Milewski, chairman of Nickel 28, said that the continuation of the Russian-Ukrainian conflict and the suspension of nickel trading on the London Metal Exchange (LME) have led to major fluctuations in the nickel market. Coupled with the large fluctuations in commodity imports, Ramu has successfully weathered the uncontrollable Factor in the second quarter of 2022 and stable production should not be underestimated. Sales in the second quarter initially improved from the first, due to increased demand for lithium-ion batteries, and demand dwindled again due to the ongoing impact of the pandemic. A sharp rise in sulphur prices impacted cash costs, but this was offset by stronger cobalt prices and higher by-product earnings. The balance is expected to stabilize in 2022 as demand and commodity prices return to 2021 levels. Sulfur prices have also fallen back below $100/tonne from a peak of $600/tonne in the second quarter. As China's battery industry continues to grow despite the global epidemic, MHP demand is strong. 
  
The specific production and sales are shown in the table below:

Q: Zhongwei cooperates with Antam to develop nickel downstream
A: On August 8, 2022, according to the Indonesian Stock Exchange (IDX), PT Aneka Tambang Tbk (ANTAM) is cooperating with Zhongwei to jointly build and develop an industrial zone project, and the two parties have signed a principal agreement. This cooperation will adopt the latest nickel production line construction technology and be committed to carbon emission reduction and green development. 
  
ANTAM president Nico Kanter said the company itself is currently focusing on developing the electric vehicle battery ecosystem business, which is in line with the government-initiated nickel downstream project. 
  
"We are very grateful to Zhongwei for its interest in developing downstream nickel production facilities. We see Zhongwei as a potential strategic partner for ANTAM because of its advanced technical experience in nickel processing and a solid corporate track record." 
  
After that, the two parties will take advantage of technology and resources to improve cost competitiveness and develop and construct laterite nickel ore in the industrial park using OESBF (oxygen-enriched side blowing furnace). 
  
The mine smelting production line plans to produce 80,000 tons of nickel matte annually, which will be used to produce battery raw materials for new energy or electric vehicles. The project will maximize and promote the application of green energy and reduce carbon emissions. 
  
At the same time, Deng Weiming, chairman and president of Zhongwei Co., Ltd., said that ANTAM has diversified vertical business integration in the mining and metal fields, with export as its main business. 
  
"ANTAM has always been committed to providing high-quality products, recognized for best industry practice and competitive operational performance to maximize value, and has a focus on sustainability, job safety and environmental protection in its business," He says. 
  
It is worth mentioning that Zhongwei is the largest precursor manufacturer in the world, and its core business is the production of cathode precursor materials and new energy recovery materials. 
  
Zhongwei's main products are widely used in various 3C fields, energy and power fields and energy storage fields; Zhongwei's main products have successfully entered the high-end of the world's top 500 companies with Tesla, Samsung, CATL and Panasonic as their main customers. supply chain; 
  
Zhongwei's advantages in R&D, manufacturing, engineering construction and ANTAM's advantages in mining, resource integration and operation are complementary, and the cooperation between the two parties will create a mutually beneficial situation in the future. 
  
The common mission and vision of both parties is that through this cooperation, it will provide new practical references for the development of green and sustainable nickel resources and regional economic and social development, and will also promote economic and social exchanges between China and Indonesia. In addition, the two parties also agreed to take this cooperation as an opportunity to further expand the areas of cooperation, increase the depth of cooperation between the two parties, provide competitive system solutions for the development of the global new energy industry, and make sustainable contributions to global green development and low carbon. .

Q: Antam spins off nickel mining business to maximize profits
A: PT Aneka Tambang Tbk (Antam) has strengthened the spin-off of some nickel business units in North Maluku East Halmahera by separating IUP into subsidiaries PT Sumberdaya Arindo (SDA) and PT Nusa Karya Arindo (NKA). Nickel segment. 
  
  
Dolok Robert Silaban, director of business development at Antam, said SDA and NKA are 100%-owned directly or indirectly controlled subsidiaries of Antam and have a business unit in the mining industry. The spin-off activity is in line with Antam's efforts to improve the performance of the company's nickel business to prepare for a more optimized business development, especially as it prepares to accept potential strategic investors. 
  
From the effective date, Dolok said, some nickel, NKA and SDA business units will spin off nickel mining activities in North Maluku. 
  
Not only that, but in line with Antam's efforts to develop and manage more optimized assets to improve the performance of the nickel segment, it is hoped that it can develop its business in an agile, focused and competitive manner to support the development of Antam's nickel business, including the launch of EV batteries Development of industrial ecosystems. 
  
Antam is optimistic that the EV battery development program will maximize the utilization of the currently under-utilized limonite, which will be processed at the HPAL plant. Limonite processed through high pressure acid leaching (HPAL) systems produces nickel hydroxide (MHP)-based products commonly used to make materials including nickel mineral-based battery components, one of which is electric vehicle batteries. 
  
Antam has very large and high-quality nickel reserves and resources, with 381.91 million wet tons of nickel ore reserves and 1,408.72 million wet tons of resources in 2021, making Antam one of the largest nickel commodity management companies in Indonesia. 
  
Seeing the huge potential of nickel commodities, in line with Antam's commitment to downstream, the company is selectively exploring various collaborations with potential strategic partners to maximize the added value of nickel commodities through various downstream projects. To support the government's commitment to achieving green energy, Antam independently participates in battery chain development projects, especially EV batteries, either by being part of the Holding IBC or through various exploratory collaborations with strategic partners. 
  
The spin-off plan of some nickel business segments to be implemented by the company is also the first step to support the electric vehicle battery project. It is hoped that the spin-off of some nickel businesses will help speed up the company's business development.

Q: WBMS: Global nickel supply shortage of 49,800 tons from January to June 2022
A: On August 17, 2022, the latest report data from the World Bureau of Metal Statistics (WBMS) showed that the global nickel supply shortage was 49,800 tons from January to June 2022, and the nickel supply shortage in 2021 was 146,800 tons. 
  
As of June 2022, LME reported inventories (including non-warehouse receipts) were 34,200 tonnes lower than in 2021 year-on-year. 
  
From January to June 2022, the global refined nickel production was 1.365 million tons, and the demand was 1.4149 million tons. 
  
From January to June 2022, the global nickel mine production was 1.4726 million tons, an increase of 195,000 tons over the same period last year. 
  
From January to June 2022, the output of Chinese smelters decreased by 30,000 tons year-on-year, and the apparent demand was 761,300 tons, a year-on-year increase of 39,000 tons. The output of Indonesian smelters was 506,400 tons, an increase of about 20% year-on-year. 
  
From January to June 2022, global apparent demand increased by 73,000 tons year-on-year. 
  
In June 2022, the global nickel smelter output was 245,300 tons, and the demand was 244,700 tons. 
  
In consumption calculations, no allowance is made for unreported changes in inventory. Demand is measured on an apparent basis, and the full impact of national lockdowns is likely not fully reflected in trade statistics.

Q: DMCI: Resource exhaustion, nickel ore shipments fell by 20% in the first half of the year
A: On August 18, DMCI Mining Corporation announced its second-quarter earnings report, showing an improvement in core profit as higher nickel ore sales prices and a stronger dollar offset the combined impact of lower shipments and higher fuel costs. 
  
"With the depletion of the Berong mine, but with rising nickel prices and steady production from other mining assets, we think we can end the year strong," said Tulsi Das C. Reyes, president of DMCI Mining. 
  
In the second quarter alone, DMCI Mining's revenue fell 20 percent to P1.2 billion from P1.5 billion a year earlier. The average selling price of nickel ore soared 50% to $63 from $42, while the dollar appreciated 10% against the local currency due to global supply disruptions and strong demand from China. 
  
  
In the second quarter, DMCI's shipments fell 51% to 367,000 wet tons from 746,000 wet tons after nickel mine production at its sole operating asset, Zambales Diversified Metals Corporation, fell 24% to 248,000 wet tons from 328,000 wet tons. 
  
In the first quarter, total production fell 43% to 318,000 wet tons from 555,000 wet tons due to zero production at Berong Nickel Corp. (BNC), while ZDMC's production rose 5% to 318,000 wet tons from 313,000 wet tons. 
  
It is reported that DMCI Mining is seeking to expand its mining operations by another 3,500 hectares, and its potential nickel resources will exceed 200 million tons. Once fully allowed, these additional operating assets can sustain the company for at least 50 years.

Q: What are the specifications of stainless steel sheet?
A: What are the dimensions of stainless steel plate? 
  
The thickness of the stainless steel plate standards: 0.1/0.2/0.3/0.5/0.6/0.7/0.8/0.9/1.0/1.5 and 2.0/2.5/3.0/4.0/8.0/5.0/6.0/9/10/12/16/18/20/22/25/30 mm 
  
Stainless steel plate width: 1000, 1220mm, 1250mm, 1500mm, 1800mm, 2000mm plate width: 1000mm, 1220mm, 1250mm, 1500mm, 1800mm, 2000mm 
  
  
  
Stainless steel sheet and material: 304, 316L, 321, 201, (301 reel) 
  
Domestic stainless steel plate: 430, 409, 201 
  
Plate width: 1000mm*2000mm, 1219mm*2438mm, 1219*3048 1219*3500, 1219*4000, 1500mm*3000mm, 1500mm*6000mmm

Q: ELG, the world's largest distributor of stainless steel scrap, was acquired
A: European stainless steel company Aperam announced Monday that it has completed the acquisition of ELG, the world's largest distributor of stainless steel scrap, in Germany on December 31, 2021. 
  
  
  
In May last year, the company received merger clearance from the European Commission's Competition Authority to buy ELG. The amount of the acquisition was 375 million euros and was acquired in a "locked box with no adjustment of the transaction price, except in the case of outflow of value,Box". 
  
  
  
Germany ELG has 51 bases in 20 countries, processing 1.2 million tons of stainless steel waste, nickel alloy and other superalloy waste 32,000 tons. 
  
  
  
In addition, due to the increase in the price of (nickel-based) stainless steel last year, ELG's operating assets increased by 1.9 billion euros after the year-end 2020 calculation base date, and Aperam expects its gross profit to increase even more, to over 50 million euros with the completion of the acquisition of ELG. 
  
  
  
Aperam said that even after the acquisition,ELG would continue to operate independently as a group company. 
  
  
  
In Europe, Aperam is expected to use the acquisition of ELG as an opportunity to make a serious push into the recycled raw material business, as well as drive higher environmental management metrics and lower raw material costs.

Q: Stainless steel industry operation into the low tide upstream factory Ye Lian and Tang Rong flexible response
A: Stainless steel industry degree small month, the follow-up challenge is big, Taiwan's two upstream factories Ye Lian and Tang Rong flexible response. Leading Ye Lian to promote the upgrading of equipment, strengthen the carbon steel field layout, Tangrong activation assets to increase real estate profit. 
  
Mr. Tang pointed out that the downturn in the global steel market, the stainless steel industry is facing greater challenges, especially the price of nickel metal, an important raw material, has increased the difficulty of operation. 
  
Director of the cabinet stainless steel factory said, according to the authority statistics, this year's world stainless steel production and demand are lower than last year at least 5%, the United States significantly raised interest rates, direct magnetic absorption of global funds, the investment slowdown, cooling demand, dependence on stainless steel further reduced, pull length of small months of time. 
  
The company stated that the stainless steel industry in the island has entered a low tide. Both the upstream Yelian and Tangrong and the middle and downstream stainless steel processing plants Qianxing, Yunqiang, Zhangyuan and Yun-Chang will take a significant cooling in production and sales profits in the second half of the year, and a new economic downturn is needed. 
  
The director of the cabinet stainless steel factory pointed out that time sequence into the old and new years, the situation of this year is set, the first half of next year can be expected, in the mainland to adjust the zero policy, the role of economic stability policy continues to play, its domestic demand is expected to be refreshed, with infrastructure construction, real estate and other industries to strengthen the rejuvenation, have the opportunity to create a new wave of prosperity. 
  
  
Legal person analysis, stainless steel industry small month, leading factory Ye Lian has spent 5.3 billion yuan, expand and update equipment, strengthen the field of carbon steel steelmaking, medium and long term outlook is not light. Tangrong, another upstream factory, is already rich in land resources. It continuously promotes the asset activation policy internally, and makes full use of many idle lands to increase non-business income.

Q: The European and American steel industry initiated the establishment of the Global Steel Climate Council
A: News from our newspaper On November 17, more than 20 institutions from the European Union and the United States, including steel companies, industry associations, scrap steel suppliers, steel users, etc., announced the establishment of the Global Steel Climate Council (GSCC) , and set up an official website to urge the United States and the European Union to adopt unified emission standards and encourage local steel companies to use low-carbon production processes to reduce carbon emissions. 
  
The founding members of the Global Steel Climate Council include Spain's CELSA Iron and Steel Group (one of the largest long product producers in Spain and Europe), Nucor Steel, Steel Dynamics, and the Steel Manufacturers Association (SMA). Other members of the council include: ALTON Steel Company, Arvedi Company, Evraz North America Company, CHARTER Steel Company, Liberty Steel Company, Spanish Megasa Group, Italian long products producer Pittini Group, Tenaris and other enterprises. 
  
Most steel companies in the world mainly use raw materials such as coal, iron ore, and limestone to produce steel, and the production process is carbon-intensive. More than 70% of steel products in the United States and more than 40% in the European Union are produced by electric arc furnaces (EAF). 
  
Stakeholders and policy makers in the global steel industry are currently considering trying to formulate corresponding emission standards for different steel production processes. It is a carbon emission standard formulated for the recycling process of scrap steel. 
  
It is understood that member companies of the Global Steel Climate Council have mastered steel production technologies that can reduce carbon emissions. The mission of the Global Steel Climate Council is to promote the development of truly effective carbon emission standards for steel production and accurately calculate carbon emissions. 
  
The Global Steel Climate Council expects to formulate scientific carbon emission standards based on actual carbon emissions. This standard will apply to all steel companies and will encourage global steel companies to work hard to reduce carbon emissions. The council said that the new carbon emission standards should encourage steel companies to take actions such as improving the carbon reduction efficiency of electric arc furnaces, developing and producing greener and advanced reduced iron, and actively promoting the research and development of carbon capture, utilization and storage (CCUS) technology, etc. , to minimize carbon emissions. 
  
The Global Steel Climate Council stated that the establishment of the new carbon emission standards will follow the following five guiding principles: first, reduce greenhouse gas emissions from the global steel industry; second, establish standards that have nothing to do with production processes; third, establish a Scope 1, Scope 2 and Scope 3 emissions; the fourth is to establish standards consistent with the scientific carbon emission reduction path, and achieve the goal of not exceeding 1.5 degrees Celsius of global warming by 2050; the fifth is to provide relevant decision makers with Information on sustainable development in the steel industry.

Q: Macro bullish + low inventory nickel price is expected to continue to fluctuate strongly
A: Recently, the price of nickel futures fluctuated strongly at a high level, breaking through the mark of 210,000 yuan/ton at one point. With the warming of macro expectations, industrial products as a whole showed an upward rebound trend. Important factors affecting nickel prices have landed one after another, but the actual negative impact is relatively weak on the disk. In the state of low inventory at home and abroad, nickel prices continue to fluctuate strongly. It should be noted that the industry chain has relatively limited acceptance of nickel price increases. Therefore, although the disk and market resonance sentiment form a positive support for nickel prices, it is still necessary to be cautious in chasing the rise, and at the same time, attention should be paid to whether there are deviations from the current period. 
  
The macro information is warm and the market sentiment is optimistic
After the expectation of the Federal Reserve raising interest rates by 75 basis points was fulfilled, the market expects the Fed to raise interest rates at a slower rate since December. Recently, the US dollar index has weakened significantly, reducing the pressure on commodities. In the near future, domestic epidemic prevention policies have been optimized, expectations for resumption of work, production and circulation restoration have strengthened, and manufacturing chain restoration is expected to pick up. At the same time, with the comprehensive RRR cut and the landing of the "third arrow" of real estate, the sentiment of the capital market has further recovered, risky assets have been favored, and industrial products have generally recovered. As a kind of non-ferrous metals that is highly sensitive to funds, nickel's price fluctuates significantly. 
  
Nickel supply and demand are intertwined, demand weakens
Although Indonesia's policy of imposing export tariffs on nickel products has not yet been implemented, its impact on the market has gradually weakened. On December 1, the Indonesian government discussed the issue of imposing export tariffs on nickel products, but no conclusion has yet been reached. The current relevant progress is as follows: the nickel export tariff policy has been postponed for 2 years; the later tariff increase will be based on the LME (London Metal Exchange, the same below) (the current negotiated tariff = LME × 0.8 × nickel content × tax rate), which has not yet been fully finalized ; Since the ferronickel factories still disagree with the tax increase, it is estimated that it will take 2 to 3 rounds of meetings to implement the relevant policies. 
  
Judging from the current information, the impact of the extension of the nickel export tariff policy on the current market has weakened, especially for nickel pig iron and stainless steel. As the expectation of increased tariff costs has not yet been fulfilled, the hidden inventory formed by the rush to export nickel pig iron in the early stage has lost its momentum to raise prices, which has a relatively negative impact on both nickel pig iron and stainless steel. However, since the beginning of this year, the news about Indonesia's nickel export tariffs has continued, and the market has repeatedly digested it. The time reflected in the market has gradually shortened, and the fluctuations in nickel prices have also gradually narrowed. Therefore, the impact of the latest news on the nickel futures market is not significant. 
  
The low inventory at home and abroad will continue to support nickel prices. Non-ferrous metals generally maintain a low inventory status, and nickel inventory presents more obvious structural problems. At present, the LME nickel plate inventory is extremely low and has dropped to around 2,000 tons. The total LME nickel inventory is about 53,000 tons, which is at a low level for many years. In addition, compared with other nickel varieties, the supply of electrolytic nickel is still in a tight state, so the relative premium situation continues to exist. 
  
Downstream demand for nickel has weakened in stages. The demand for stainless steel downstream of nickel has not performed well. Since late November, there have been news of production reductions by stainless steel plants. The cost of nickel is affected by the price of iron ore, and there is no incentive to cut prices, resulting in poor profits or even losses for stainless steel plants. In the new energy power battery industry chain, subsidies for new energy vehicles are about to decline, and related production demand has been released, and new energy vehicle companies have started rushing to install them at the end of the year. The supply of MHP (nickel cobalt hydroxide) and high nickel matte, the raw materials for the production of nickel sulfate, which was in short supply in the early stage, is increasing, the supply of nickel sulfate has improved, and the price of nickel sulfate has dropped from the high level. Judging from other demand conditions for nickel, only some alloys just need to continue. After the recent rise in nickel prices, it is necessary to pay attention to changes in the basis of electrolytic nickel in the case of unfavorable demand turns. 
  
Nickel prices fluctuate strongly, pay attention to risk control
Nickel prices have continued to fluctuate strongly and sharply recently. The warmer macro environment and the overall low inventory of nickel make nickel prices more sensitive to supply-side disturbance news. At this stage, the market’s long-term sentiment has warmed up, and it is necessary to pay attention to the emergence of negative feedback from the industry. Judging from the current trend of nickel prices, the impact of technology is too much. At present, the nickel price is already near the upper edge of the fluctuation range of 180,000 yuan/ton to 210,000 yuan/ton in the previous period, and there are easy differences between long and short positions. In the future, attention should be paid to the market's digestion of macro pulse resonance. If the US dollar rebounds, market sentiment will change significantly, and nickel prices will be prone to rapid adjustments. In addition, pay attention to the adjustment needs of the industry itself, especially pay attention to the changes in domestic and foreign nickel stocks and the changes in nickel futures premiums and discounts.

Q: Constraints faced by existing downstream mining and smelting companies in Indonesia
A: There are a total of 23 domestic and foreign companies in Indonesia's $30.9 billion downstream mining investment pipeline. These companies are either in the construction phase or awaiting government permit approval. "We have to take advantage of this and speed up the issuance of licenses and facilities to speed up the realization," said Septian Hario Seto, deputy investment minister in charge of investment environment development at the Investment Ministry, at the opening of the Investment Cooperation Forum in Jakarta on Wednesday. 
  
Downstream processing of nickel into iron, steel and battery raw material contributed significantly to the increased export value, Septian said. From January to October 2022, the export value of nickel derivatives will reach 28.3 billion US dollars. This figure exceeds the export value of nickel derivatives in 2021 (worth $22.7 billion). Steel exports, meanwhile, hit $23.16 billion this year through October 2022, up from $20.95 billion a year earlier. Similarly, exports of mixed hydroxide precipitates (MHP) as a battery raw material are also expected to grow from US$ 310 million in 2021 to US$ 1.74 billion. 
  
Under the provisions of Law 3/2020 on Minerals and Coal Mining, the government requires mining companies to carry out downstream processing. 
  
Additionally, the government will ban the export of mineral products that have not been domestically refined in 2023, as stipulated in Law 3/2020. Therefore, the government is encouraging the completion of mineral smelting projects before closing the export spigots. Unrefined mineral products can only be exported within three years of the enactment of the Minerba Law on June 10, 2020. This means that exports of unrefined mineral products are valid until June 10, 2023. 
  
Currently, the government is encouraging an integrated EV battery ecosystem from upstream to downstream. As such, it requires many nickel smelters, such as MHP, that produce raw materials for EV batteries. However, the downstream development of the domestic mining industry faces many challenges. Commercial players must face challenges including licensing, funding, power supply and the arrival of foreign equipment and labor. 
  
  
For permitting, smelter projects encounter issues from land, area spatial planning, building rights, business forms and deep sea mine tailings placement (DSTP). In terms of funding, the smelter project was constrained by environmental concerns related to the coal-fired power plant (PLTU) used for the facility's future operations. This is because financial institutions have withdrawn from financing projects using coal-fired power plants. At the same time, energy supply constraints are related to substation installation and basic electricity price. 
  
According to the Ministry of Energy and Mineral Resources (ESDM), these challenges make the target of operating 53 smelters by 2023 likely out of reach. Currently, Irwandy said there are only 21 smelters operating in Indonesia. This year, only seven new smelters are operating, with a total of 28 smelters in operation by the end of 2022. By 2022, implement clean technologies in smelter operations to produce green metal products to support battery and electric vehicle ecosystems. 
  
The government will include the smelter in the National Strategy Program (PSN) to address these constraints. In this way, administrative obstacles can be resolved more quickly. As for funding, the government will help companies building smelters obtain commercial loans at competitive rates.

Q: Jinhai Stainless Steel's 1.2 million tons of stainless steel solid solution and product green production line put into operation in the first phase
A: On December 23, 2022, the first phase of the green production line of 1.2 million tons of stainless steel solid solution and products of Jinhai Stainless Steel was officially completed and put into operation. 
  
President Wang Wenhui of Jinhai Brilliant Group delivered a speech at the commissioning ceremony. Jinhai's 1.2 million tons of stainless steel solid solution and product green production line is an important part of the technological transformation and upgrading of Jinhai's stainless steel industry chain with four modernizations (automation, digitalization, informationization, and intelligence). As the final work of Jinhai's four major technical transformation projects of stainless steel smelting, rolling, acidizing and cooling, Jinhai people have devoted great enthusiasm and resources. The project construction has refreshed many records in the stainless steel industry and created a new Wuzhou speed. I would like to express my heartfelt thanks to the Wuzhou Task Force of the Autonomous Region Industrial Revitalization Special Commissioner, the Wuzhou Municipal Party Committee and Municipal Government, the Changzhou District Party Committee and the District Government, and the Stainless Steel Park Working Committee and Management Committee. The care and guidance of government leaders at all levels, and sincere thanks to the strategic partners of the project Shanghai Baoxin, Wuhan Qianye, China Metallurgical South, Kelupu and other industry leaders for their professionalism and dedication. The confident and heroic feelings and the spirit of hard work. The completion of the green production line for solid solution and products has truly realized the closed loop of the entire stainless steel industry chain. In the 23 years of struggle, Jinhai people have always adhered to the "we can be defeated, but we must not be defeated". It is with this stubborn spirit that we Keep improving and keep growing. Next, we will take the opportunity of equipment upgrades, process upgrades, and technology upgrades to simultaneously launch comprehensive upgrades such as management upgrades, operation upgrades, and talent upgrades. Jinhai people have the confidence and ability to build Jinhai's 1.2 million tons of solid solution and product green production lines into Digital factory benchmark and green factory benchmark. 
  
Jinhai 1.2 million tons of stainless steel solid solution and product green production line project is the final work of Jinhai Stainless Steel's four major technological transformation projects with a heavy investment of more than 2 billion yuan. The single project investment is 800 million yuan. Intelligent technical upgrading of the production line, through the launch of the industry's most advanced acid regeneration system, through the high-quality product output capability of low-energy, high-efficiency, high-precision new technology, the project will be built into a "digital factory benchmark" for stainless steel solid solution, and become a Stainless steel solid solution "benchmark of green factory", and build stainless steel solid solution "benchmark of modern factory". 
  
The 2022 commodity annual report will be released soon! Welcome to the fresh reading! 
  
The report focuses on 9 categories of steel, coal coke, iron ore, new stainless steel materials, ferroalloys, steel scrap, non-ferrous metals, building materials, and agricultural products. Break down the long-term data of the industrial chain, including all-round interpretation of industry hotspots, macro policies, etc., covering fundamental analysis such as price spread, cost profit, production capacity, inventory, resource flow, regional supply and demand balance, market competition pattern...

Q: The planned completion date of Yongjin's annual processing of 195,000 tons of ultra-thin precision stainless steel plate and strip project has been postponed
A: On December 20, 2022, Yongjin held the 30th meeting of the fifth Board of Directors and the 18th meeting of the fifth Board of Supervisors, deliberating and approving the Motion on the extension of the construction of the Convertible Bond Investment Project. Agreed to extend the date when the raised project "annual processing of 195,000 tons of ultra-thin precision stainless steel strip Project" reaches the predetermined usable state to June 30, 2023. 
  
The company said that since the implementation of the convertible bond investment project, the company according to the overall strategic layout, combined with the needs of business development, steadily promote the fund investment, to avoid idle waste of equipment and facilities. As the overall project volume is larger and the construction period is longer, there are many uncontrollable factors in the process of project construction. Due to the impact of the international situation and the epidemic, the arrival time of some imported equipment has been delayed, which leads to the delay of the installation and debugging of the equipment. At present, the rolling mills of the three production lines of the project have been installed, while other equipment such as annealing furnace and tension straightening machine are still in the installation stage. 
  
Considering the following Spring Festival holiday and the round-trip time of foreign engineers, the installation and debugging of equipment in this project still requires a long period. It is expected that all production lines will be tested in April 2023, and the trial production of the whole process will be basically achieved by the end of June. After careful study and demonstration, the company postponed the completion date of the "annual processing of 195,000 tons of ultra-thin precision stainless steel strip project" to June 30, 2023.

Q: World Steel Association: Global crude steel production in November was 139.1 million tons, down 2.6% year on year
A: In November 2022, crude steel production in 64 countries included in the statistics of the World Steel Association was 139.1 million tons, down 2.6% year-on-year. 
  
Crude steel output by region in November 2022: 
  
Crude steel production in Africa was 1.3 million tonnes in November 2022, down 11.4% year on year; Crude steel output in Asia and Oceania was 101.4 million tons, up 2.7% year on year; Crude steel production in the European Union (27) was 10.5 million tons, down 17.9% year on year; Crude steel production in other European countries was 3.2 million tons, down 25.1% year on year; Crude steel production in the Middle East was 4 million tons, up 11.6% year on year; North American crude steel production was 8.9 million tons, down 6.3% year on year; Crude steel production from Russia and other CIS countries plus Ukraine was 6.5 million tons, down 24.6% year on year; Crude steel production in South America was 3.4 million tons, down 14.3 percent year on year. 
  
Top 10 countries in crude steel production 
  
In November 2022, China's crude steel output was 74.54 million tons, up 7.3 percent year on year. 
  
India's crude steel production was 10.4 million tonnes, up 5.7% year-on-year; 
  
Japan's crude steel output was 7.2 million tonnes, down 10.7 per cent year on year; 
  
Crude steel production in the United States was 6.4 million tons, down 10.5 percent year on year; 
  
Russian crude steel production is estimated at 5.6 million tons, down 9.6% year on year; 
  
Crude steel production in South Korea was 4.8 million tons, down 18.1 percent year on year; 
  
German crude steel production was 2.8 million tonnes, down 17.9 per cent year on year; 
  
Turkey's crude steel production was 2.4 million tons, down 30.7% year on year; 
  
Crude steel production in Brazil was 2.6 million tonnes, down 16.3% year on year; 
  
Iran produced 2.9 million tons of crude steel, up 3.9 percent year on year.

Q: The short-term supply and demand of stainless steel are both weak, and the midline is expected to increase both
A: Nickel varieties: 
Nickel prices maintained a strong run yesterday, the spot market was lightly traded, the willingness to chase higher downstream was weak, and the spot premiums were divided. Because imports were still losing money, Russian nickel premiums were relatively strong. According to SMM data, the spot premium of Jinchuan Nickel fell by 750 yuan/ton to 10,250 yuan/ton yesterday, the premium of Russian nickel rose by 50 yuan/ton to 7,400 yuan/ton, and the premium of nickel beans remained the same at 3,250 yuan/ton. Yesterday, Shanghai Nickel (228150, 410.00, 0.18%) warehouse receipts were unchanged at 1098 tons, and LME nickel stocks decreased by 144 tons to 54300 tons. Recently, the demand for nickel sulfate has been poor, and the price has continued to fall. The loss of nickel bean self-dissolving nickel sulfate is at a historical high. 
■Nickel point of view: 
At present, the middle line of nickel is negative and the situation of low inventory is stalemate. In the future, the increase in the supply of intermediate products will be faster than the increase in nickel consumption in the new energy sector. The supply and demand of refined nickel may turn into excess, and the midline is expected to be bearish. In the short term, the dominant inventory of global refined nickel is still at a historically low level. Under the condition of low inventory and low warehouse receipts, the price of nickel rises more elastically, and is easily affected by the sentiment of funds. In the short term, nickel price may remain high and fluctuate. However, the current nickel price is at a historical high, there is no actual supply and demand support, or there is a risk of overestimation, and the midline supply and demand are short, which needs to be treated rationally. 
■Nickel strategy: 
neutral. 
■Key points of nickel concern: 
Refined nickel inventory warehouse receipts, macro policies, high matte nickel and wet process production capacity commissioning progress, and policies of major nickel suppliers. 
304 stainless steel varieties: 
The stainless steel futures price stabilized and rebounded yesterday, the spot price dropped slightly, and the basis fell back to the middle level. The spot transaction in Foshan market improved slightly yesterday, but the spot transaction in Wuxi market was still weak. Yesterday, the basis difference of stainless steel in Wuxi market dropped 195 yuan/ton to 600 yuan/ton, the basis difference of stainless steel in Foshan market dropped 195 yuan/ton to 650 yuan/ton, and the SS futures warehouse receipt increased 3573 tons to 32767 tons. According to SMM data, the average ex-factory tax-included price of high-nickel pig iron yesterday was flat at 1355 yuan/nickel point. Recently, with the sharp drop in stainless steel futures prices, the spot profit on the market has turned into a loss. 
■Stainless steel point of view: 
The short-term supply and demand of stainless steel are both weak, and the midline is expected to increase both. The medium-line production capacity of stainless steel is abundant, and the supply pressure is relatively high, which limits the upward space of prices, and the mid-line consumption is also expected to improve. The mid-line supply and demand increase simultaneously, and there is no obvious opportunity for mismatch. In the short term, the market is in a state of weak supply and demand. The price of 304 stainless steel raw materials is firm, the cost of steel mills is high, and the profit situation is poor. Influenced by product factors, short-term or weak operation. However, the current futures market profit is already in a state of loss, and it is expected that the space below will be difficult to open, so it is still treated with a shocking thinking for the time being. 
■Stainless steel strategy: 
neutral. 
■Points of attention for stainless steel: 
Macro policy, Indonesian nickel product export policy, stainless steel inventory and warehouse receipts.

Q: Global crude stainless steel production fell about 5.1 percent in the first three quarters of 2022
A: World crude stainless steel production for the first three quarters of 2022 is 41.852 million tonnes, about 5.1 per cent lower than the same period last year, according to data released by the World Stainless Association. Look at several major regions, each region has a different degree of decline: Europe decreased by about 11.2% to 4.809 million tons, the US decreased by about 13.2% to 1.589 million tons, the Chinese mainland decreased by about 5.2% to 23.635 million tons, and Asia excluding the Chinese mainland, South Korea, Indonesia (mainly India, Japan and Taiwan) decreased by about 0.4% to 5.746 million tons. Other regions (including Indonesia, South Korea, South Africa, Brazil, Russia) fell about 1.0% to 6.074 million tonnes.

Q: Application range of 304 stainless steel
A: 304 stainless steel is the most widely used chromium-nickel stainless steel. As a widely used steel, it has good corrosion resistance, heat resistance, low temperature strength and mechanical properties; it has good hot workability such as stamping and bending, and has no heat treatment. Hardening phenomenon (use temperature -196 ° C ~ 800 ° C). Corrosion-resistant in the atmosphere, if it is an industrial atmosphere or a heavily polluted area, it needs to be cleaned in time to avoid corrosion. Suitable for food processing, storage and transportation. Has good processability and weldability. Plate heat exchangers, corrugated pipes, household goods (category 1 and 2 tableware, cabinets, indoor pipelines, water heaters, boilers, bathtubs), auto parts (windshield wipers, mufflers, molded products), medical appliances, building materials, chemicals, food industry , agriculture, ship parts, etc. The 304 stainless steel whose content is strictly controlled can also be called food grade 304 stainless steel. 
Most of the use requirements are to maintain the original appearance of the building for a long time. When determining the type of stainless steel to be selected, the main considerations are the required aesthetic standards, the corrosiveness of the local atmosphere, and the cleaning system to be adopted. Increasingly, however, other applications simply seek structural integrity or impermeability. For example, roofs and side walls of industrial buildings. In these applications, the owner's cost of construction may be more important than aesthetics, and the surface is not very clean. The effect of using 304 stainless steel in a dry indoor environment is quite good. However, to maintain its appearance outdoors in both the country and the city, frequent washing is required. In heavily polluted industrial areas and coastal areas, the surface will be very dirty and even rusted. 
However, to obtain the aesthetic effect in the outdoor environment, nickel-containing stainless steel is required. Therefore, 304 stainless steel is widely used in curtain walls, side walls, roofs and other construction purposes, but in severely corrosive industries or marine atmospheres, it is best to use 316 stainless steel. With stainless steel sliding doors, people have fully realized the advantages of using stainless steel in structural applications. There are several design criteria that include 304 and 316 stainless steel. Because "duplex" stainless steel 2205 has integrated good atmospheric corrosion resistance with high tensile strength and elastic limit strength, this steel is also included in the European standards. Product Shapes In fact, stainless steel is manufactured in a full range of standard metal shapes and sizes, as well as many special shapes. The most commonly used products are made of sheet and strip steel, and special products are also produced from medium and thick plates, for example, the production of hot-rolled structural steel and extruded structural steel. There are also round, oval, square, rectangular and hexagonal welded or seamless steel pipes and other forms of products, including profiles, bars, wires and castings.

Q: Stainless steel maker Jindal JSL cuts CO2 emissions by 140,000 tonnes in 2021-22
A: Abhyuday Jindal, managing director of stainless steel maker Jindal Stainless, said on Monday that the company has undertaken several initiatives to reduce CO2 emissions by 140,000 tonnes in the 2021-22 financial year. 
  
To achieve this, JSL has also created the post of Chief Sustainability Officer (CSO) and appointed Kalyan Kumar Bhattacherjee to the key position. 
  
"From investing in renewable energy, green hydrogen production, to introducing electric vehicles at our manufacturing plants, we are continuously building an ecosystem that supports our environmental, governance goals (ESG)," he said. 
  
Bhattacherjee will lead sustainability initiatives to reduce carbon emissions for the company's current and future capacity expansion plans, with the goal of achieving net zero by 2050. 
  
Bhattacherjee said JSL is the first stainless steel company in India to install a green hydrogen plant to produce stainless steel. 
  
“We are continuing to invest in process upgrades in low-carbon technologies, recycling processes, digitization and energy efficiency projects,” he said. 
  
As part of its carbon reduction plan, JSL recently signed an agreement with RenNew Power to develop a utility-scale autonomous renewable energy project in Jajpur that will generate 700 million units of clean energy per year using solar and wind technologies .
Jindal Stainless is also partnering with Hygenco India Private Ltd to build a green hydrogen plant in Hisar, which will help in reducing CO2 emissions significantly.

Q: 304 steel will also be magnetic, and the quality of stainless steel cannot be judged by whether it is magnetic or not. Did you know that?
A: 304 steel will also have magnetism and cannot judge the quality of stainless steel 
  
People often think that magnets absorb stainless steel, and verify its quality and authenticity. If it does not attract and has no magnetism, it is considered good and genuine; if it attracts magnetism, it is considered a counterfeit. In fact, this is an extremely one-sided, impractical and wrong way to distinguish. 
  
There are many kinds of stainless steel, which can be divided into several categories according to the organizational structure at room temperature: 
  
1. Austenitic type: such as 304, 321, 316, 310, etc.; 
  
2. Martensitic or ferritic type: such as 430, 420, 410, etc.; 
  
  
Austenite is non-magnetic or weakly magnetic, and martensite or ferrite is magnetic. 
  
Most of the stainless steel used for decorative tube sheets is austenitic 304 material, generally speaking, it is non-magnetic or weakly magnetic, but it may also appear magnetic due to chemical composition fluctuations or different processing conditions caused by smelting, but this cannot be considered as Counterfeit or unqualified, what is the reason? 
  
As mentioned above, austenite is non-magnetic or weakly magnetic, while martensite or ferrite is magnetic. Due to composition segregation or improper heat treatment during smelting, a small amount of martensite or ferrite in austenitic 304 stainless steel will be formed. body tissue. In this way, 304 stainless steel will have weak magnetism. 
  
In addition, after cold working of 304 stainless steel, the microstructure will also transform to martensite. The greater the degree of cold working deformation, the more martensite transformation, and the greater the magnetic properties of the steel. Like a batch of steel strips, Φ76 tubes are produced, without obvious magnetic induction, and Φ9.5 tubes are produced. The magnetic induction is more obvious due to the larger cold bending deformation. The deformation of square and rectangular pipes is larger than that of round pipes, especially at the corners, and the deformation is more intense and the magnetism is more obvious. 
  
In order to completely eliminate the magnetism of 304 steel caused by the above reasons, the stable austenite structure can be recovered by high temperature solution treatment, so as to eliminate the magnetism. 
  
In particular, the magnetism of 304 stainless steel caused by the above reasons is not at the same level as that of other stainless steels, such as 430 and carbon steel, that is to say, the magnetism of 304 steel always shows weak magnetism. 
  
This tells us that if stainless steel has weak magnetism or no magnetism at all, it should be identified as 304 or 316 material; if it is the same as carbon steel, it shows strong magnetism, because it is not 304 material.

Q: The success of the M&A project and the planned mass production of Indonesian nickel will increase the momentum of Huaxin's revenue growth this year
A: Huaxin was not affected by the increase in the New Year and the reduction in the number of working days. In January, the consolidated revenue was 15.163 billion yuan, an annual increase of 12.32%, which was better than expected. It not only created a new high in the past seven months, but also rewritten the second highest record in the same period. At the end of the month, the Italian CAS stainless steel plant and the Indonesian nickel pig iron plant, which were acquired and held 70% of the shares, received nickel metal revenue. Huaxin invested in the first quarter mass production of the Indonesian matte nickel plant, which means that Huaxin's revenue this year will challenge the record high in history. 
  
Although the number of working days in January this year was reduced due to the long Spring Festival holiday, Huaxin’s sales and shipments of power cables, stainless steel and other products were stable in January, and the price of stainless steel has been raised every month since the fourth quarter of last year, pushing up revenue performance; Mainland China’s epidemic prevention After the lockdown is lifted, the market expects that the mainland’s economy will heat up this year, which will help Huaxin’s shipments. In addition, the international copper and nickel prices have both rebounded from the bottom, and the Italian CAS stainless steel plant’s revenue injection has contributed to Huaxin’s revenue in January. trend higher. 
  
Huaxin said that although the consolidated revenue in January was the second highest in the same period on the book, second only to the 24.365 billion yuan in January 2018, the main reason was that there was a one-time recognition of sales revenue from the sales of residential and office buildings in Nanjing, China. If non-industry income is deducted, the industry's revenue in January this year is a new high for the same period. 
  
In order to control the source of matte nickel for electric vehicle battery materials, Huaxin invested in two matte nickel factories in Indonesia Rising Sun and Indonesia Wistron last year. Among them, the Indonesian Rising Sun Matte Nickel Plant plans to mass-produce in the first quarter of this year. Controlling more than 20,000 tons of matte nickel will increase the growth momentum of Huaxin's revenue this year. 
Foreign investors switched from buying to selling on Huaxin on the 6th, which encouraged Huaxin to rise by 0.5 yuan in early trading on the 6th and open at 54.7 yuan. Then selling pressure emerged. 
  
The Italian CAS stainless steel plant, in which Huaxin holds 70% of the shares, had a revenue of 730 million euros in the first three quarters of last year, and 200 million to 250 million euros in each quarter. Since the fourth quarter of last year, Huaxin has increased the quotation of stainless steel for domestic and foreign sales for five consecutive months to reflect the rising cost of raw materials such as nickel, scrap stainless steel, and ferromolybdenum. A new high above the yuan. 
 

Q: Taigang double -phase stainless steel plate was awarded the national manufacturing single championship
A: Recently, the Ministry of Industry and Information Technology and the China Industrial Economic Federation issued a notice to announce the seventh batch of national manufacturing single championships and the list of the first and fourth batch of manufacturing single champion companies (products) who passed the review. The list of the seventh batch of manufacturing championships in the board is the list of the sixth batch of national manufacturing single championships after being awarded the sixth batch of national manufacturing single championships in 2021, after being awarded the sixth batch of national manufacturing single championships in 2021. 
The selection of manufacturing single championships is to implement the production of Chinese manufacturing 2025, guide manufacturing companies to focus on innovation and quality improvement in the field of subdivided products, cultivate world -class companies with global competitiveness, promote my country's manufacturing industry to the high -end high -end global value chain. The special cultivation and improvement actions of the transformation of a large manufacturing country to a manufacturing power. The key indicator of the selection of single championship products is that the product occupies a high market share in the area, and the market share ranks at least the top three in the world. 
Two -phase stainless steel developed by Tai Steel has both the advantages of ferrite and Austenite stainless steel. It has excellent corrosion resistance and economy, realizing the perfect unity of high performance, low cost and long life. One of the directions is a basic and strategic role in serving major national projects and key areas. After years of research and development research, Tai Steel double -phase stainless steel plate has taken the lead in achieving a series of specifications and large -scale production in China. Bridge engineering, building curtain wall, vacuum salt, food cans and other key fields and key projects at home and abroad have been widely used. The market share for many years is the first and the world's second in China. The representative companies that are representative of the world's double -phase stainless steel are benchmarking. Key performance indicators, product physical quality and production efficiency have reached the international advanced level. 
It is understood that China Baowu attaches great importance to the 2022 single champion declaration work. Under the guidance of the Group's strategic planning department, steel industry center and other departments, the Tai Istang Planning Development Department and the technical center, marketing center, and two -level operation finance department and other professional departments System planning and strict selection, high -quality double -phase stainless steel declaration work, passed the internal review of Baowu Group, and successfully rated a national single championship product. 
  
Tai Sang will continue to cultivate and improve the special action requirements in accordance with China Baowu's single champion enterprise (product), focus on the field of "special, special, excellent, and refined", forming a global market, technology and other aspects in the field of subdivided products. The leading position has enhanced the international competitiveness of my country's manufacturing industry and achieved global leadership of stainless steel.

Q: As of December last year, the Indonesian project of Xiangyu Indonesia has produced a total of over 3.2 million tons of stainless steel
A: From February 8th to 11th, 2023, Chen Fang, the leader of Xiangyu Group, the secretary of the party committee, general manager, PT Obsidian Stainless Steel (hereinafter referred to as "OSS"), Qi Weidong, to Indonesia to investigate the investment in Indonesia. Enterprises, visiting and condolences in Indonesian employees, and visiting the Chinese Embassy in Indonesia and cooperative Chinese banking institutions. 
  
Since the work in 2017, Xiangyu Indonesia project has been promoted smoothly. In 2020, it achieved profitability of the year, and the production was fully completed in 2021. As of December 2022, the project has produced over 3.2 million tons of stainless steel, which has driven the import and export trade value of over 10 billion US dollars, driving the entire industry chain revenue exceeding 100 billion yuan, and more than 16,000 jobs directly created employment in Indonesia. Relying on this project, Xiangyu Group also uses its advantages in the construction and operation of logistics networks, focusing on creating a new "Belt and Road" shipping logistics network with Indonesia as its core and radiating Southeast Asia.

Q: Huaxin Stainless Steel's business performance in the first half of this year is expected to be better than that of the second half of last year
A: According to the Taiwan media on February 24, 2023, Huaxin, a stainless steel factory in Taiwan, held a press conference in the afternoon. Huaxin stated that the performance of its wire and cable business has been stable. With the unsealing of the mainland, the stainless steel business is expected to perform better in the first half of this year than in the second half of last year. The resource business has been expanding into Indonesia, with the nickel pig iron and nickel ice layout gradually coming into operation, and next year's production is expected to reach 84,000 tons of nickel metal. 
  
Huaxin LiHua's main businesses include wire and cable, stainless steel, and resources (nickel). It earned about NT$19.4 billion in profits last year, with an EPS of NT$5.45, mainly due to the stable contribution of the wire and cable business, as well as the expansion of the resource business in Indonesia, including nickel pig iron and nickel ice. After the unsealing of the mainland, the demand from private consumption and investment will drive the stainless steel business, making it perform better in the first half of this year than in the second half of last year. 
  
Huaxin has made several major investments in recent years. The acquisition of Italy's CONGE Steel Plant was completed at the end of November last year, and it will begin to contribute to profits this year. CAS had a revenue of about 960 million euros and a profit of about 50 million euros last year. Huaxin initially expected its performance to be worse this year, but it is now expected to be better than in the second half of last year. 
  
As for the resource business, Huaxin has Huaxin Nickel, Xuri, and Weichuang in Indonesia. By the first quarter of next year, these companies will gradually start production, with an annual production capacity of 150,000 tons of nickel metal, of which Huaxin will acquire about 84,000 tons based on its investment ratio. 
  
Nickel ice is a material used in electric vehicle batteries. Huaxin estimates that the current global demand is about 500,000 tons, which will double to 1.1 million tons by 2025 and 2026. Huaxin also explained that due to the large fluctuations in the stainless steel business in the past, it has invested heavily in Indonesia to secure the source of materials. 
  
Huaxin's General Manager, Pan Wenhu, also announced Huaxin's latest major investment. Huaxin will cooperate with Danish cable merchant NKT to establish Huacable, with an expected investment of NT$2.7 billion. Pan mentioned that "the government's promotion of offshore wind power policy is very clear," and Huaxin acquired Kaohsiung Port for lease in March last year. NKT Group will provide Huaxin's Kaohsiung submarine cable factory with the required technology and services.

Q: Global stainless steel output will reach 60 million tons of production increased by China and Indonesia.
A: MEPS predicts that by 2023, global rough stainless steel output will reach 60 million tons. The important contributor of this growth will be steel manufacturers in China and Indonesia. 
  
Although India may still be the third largest stainless steel producer next year, its output is expected to increase by more than 10%. The country's authorities are investing in major stainless steel consumer infrastructure projects. 
  
MEPS's latest predicted downlink risks include geopolitical tensions and recent destocking duration in the West than expected. However, the decline in energy costs and swelling pressure relieve the stainless steel market to bring some optimism. 
  
China 
In China, due to the government's decision to relax the restrictions with COVID, the output in the fourth quarter of 2022 was higher than expected. This boosted market sentiment, so domestic steel manufacturers increased their output. In addition, the authorities are providing stimulating measures for the real estate industry, and many market participants believe that this will promote economic activities. 
  
The International Monetary Fund predicts that China's GDP growth rate will rebound to 5.2%this year. This should support the main stainless steel consumer industry, such as construction and home appliance manufacturing. Therefore, MEPS estimates that stainless steel production will reach 34 million tons by 2023. 
  
Europe 
In Europe, output from July/September 2022 decreased by about one -third from the previous month. Due to the weak customer demand, the local steel mill has been withdrawn the melting capacity. High interest rates and energy costs have led to a decline in end user consumption. 
  
However, production data from October/November 2022 show that the output in the fourth quarter should return to 1.47 million tons. In addition, several major stainless steel producers are expected to improve in the first quarter of 2023. They believe that supplementary inventory will begin in the short term. Recently, the decline in energy costs and signs of inflation have reached their peaks, and they are also boosting market confidence. 
  
U.S. 
The output of the United States in the fourth quarter of 2022 is estimated to be 450,000 tons. It is expected that the recovery of the melting activity in the first three months of 2023 will be slower than Europe. Local dealers may be longer than expected before. However, due to seasonal reasons, melting activities should rebound in the middle of the year. 
  
East Asia 
In South Korea, the output of the last three months of 2022 was only 161,000 tons. This is due to the damage caused by Hurricane's stainless steel manufacturing facilities in POSCO earlier this year. However, the company recently announced that its stainless steel cold rolling machine resumed its launch in January. MEPS envisages the increase in production in the 2023 division, and the total annual output reached 2 million tons. 
  
Japan's output is expected to increase by 7%year -on -year, and the output in Taiwan, China will increase by 8.5%. The improvement of the East Asian market emotions should support the rise of stainless steel consumption in 2023. Nevertheless, although the inflation peak may have passed, end user needs in the fields of white appliances and catering equipment may still be restricted.

Q: The exhaustion of stainless steel inventory is greater than expected to restore market share in the expected American stainless steel factory
A: The lack of forward -looking and lingering economic recession worries continued to have a negative impact on the confidence of American buyers. The S & P Global American Manufacturing Purchasing Manager Index rose slightly to 47.3 in February. However, because the index is still less than 50, this confirms that the US economy is still in a negative growth state. 
  
However, the emotions of the stainless steel supply chain participants are quite positive. Most reports say that market activities are now improving after the decline in the second half of last year. Nevertheless, the total sales volume from January to March will be lower than the first quarter of 2022. 
  
Stainless steel inventory began to increase rapidly in mid -2022, because the import volume in the first half of the year was extremely high, but the demand was weak. This has led most companies to quickly change its strategy because they stop purchasing for supplementary inventory, especially purchased from East Asia. Therefore, in the second half of last year, the import of stainless steel cold -rolled boards decreased monthly. Although overseas offers are still much cheaper than domestic prices. 
  
Preliminary data shows that the import volume of stainless steel chimb -rolled sheets and steel bands in January increased slightly, but the tonnage was still nearly 50%lower than the level of January 2022. The import volume in the second half of last year decreased by about 40%compared with the first half of the year. The main reason for decreased is the sharp decline in the tonnage from Taiwan in Taiwan -87,436 tons from January to June to 44,612 tons of the next six months. 
  
The stainless steel inventory of the United States, especially the inventory of hot and cold -rolled materials, has exhausted time longer than most people expect, although the import volume has declined significantly. Some market participants now expect their inventory to return to the easier management level in April. Once overseas suppliers have begun to reappear, domestic manufacturers are eager to get replenishment orders before overseas suppliers. 
  
Customers who have not been able to purchase materials from local factories have been purchased again since mid -2021. However, they were told that if the order was fully filled, the tonnage distribution may be restored by April. 
  
Although demand has decreased for several months, the base price of US steel mills has remained stable, and transaction value has risen with the increase in alloy added value. However, in February, their gains were less than the increase in alloy surcharges announced by steel mills -indicating that the base price faces downlink pressure. Some interviewees reported that their discount level has increased significantly this month -although U.S. manufacturers have not officially announced their prices. 
  
The price of the 304th level in February is likely to be the peak of the current cycle. Recently, the decline in nickel cost will lead to decreased alloy surcharges from March. The surge in molybdenum price will constitute further upward pressure on the price of 316 products. However, in the case of uncertain economic and geopolitical conditions, it is expected that buyers will remain cautious when buying decisions. Therefore, in the short term, steel mills may continue to negotiate on individual non -contract transactions.

Q: Formally put into production in the world's first dual -current stainless steel plate blanks, the hot test of the hot test of the casting machine
A: According to the China Heavy Machinery Research Institute's stock company, recently, the first stainless steel dual -flow maximum section of the world's first stainless steel double stream of stainless steel is 230 × 1600mm², which is designed, manufactured, installed and commissioned by China Heavy Institute. The continuous casting machine is equipped with a hot test! 
  
In the field of stainless steel production, Qingtuo New Materials has the world's largest single steel output. During the hot test, the casting machine was stable, the process parameters were good, and the quality of the gray was excellent. At present, the casting machine has been formally put into production, which fully demonstrates the leading position of the "Sympathetic Link Casting" technical team of the Chinese Heavy Institute in China. The Linking machine integrates the most cutting -edge casting technology equipment in the current stainless steel field, which mainly includes the new roller column structure developed for stainless steel characteristics, integrated and optimized dynamic two -cold water model, the latest developed vibration theory and its control model, extended immersive immersion The automatic residue line model of the life of the water inlet, the electric cylinder liquid surface detection technology with a liquid surface of 2mm, and the automatic pouring model, the gritter determination ruler model, and the cutting optimization model. 
  
In addition, the casting machine is also equipped with roller magnetic electromagnetic stirring, automatic slag with robotic robot, automatic spraying robot, new -type dehuminating machines, casting grinding equipment such as upper and lower rotations, and grinding equipment. 
  
Over the years, the Chinese Heavy Institute has adhered to technological innovation and technological technology leads high -quality development. It is closely working with Qingshan Group, interacted, complementary advantages, and achieved value. In the circle, promote the high -quality development of the stainless steel industry to inject strong technology momentum.

Q: Nickel Asia: Nickel ore sales to reach 17.94 million wet tons in 2021
A: Nickel Asia Corporation reported that attributable net income jumped 92% to P7.81 billion in 2021 from P4.07 billion in 2020 due to higher ore sales prices. 
  
In a recent disclosure to the Philippine Stock Exchange, NAC said it sold 17.94 million wet tons of nickel ore at a weighted average realized price of $29.13 per WMT in 2021 and $22.46 per WMT in 2020. 18.2 million wet tons of nickel ore. As a result, the group's total revenue in 2021 will increase by 26% to P27.40 billion from P21.77 billion in 2020. 
  
Martin Antonio G. Zamora, NAC President and CEO, noted that in the second year facing the COVID-19 pandemic, the Group remains focused on its employees and our business goals, focused on diversity, through its subsidiary Emerging Power, Inc. (EPI) access to renewable energy. 
  
In terms of ore sales, NAC exported 10.79 million wet tons of saprolite and limonite ore to customers in Japan and China at an average price of US$40.40 per ton in 2021. That compares with 10.02 million tonnes in 2020 at $33.99 per ton. 
  
Likewise, NAC delivered 7.14 million wet tonnes of limonite ore to the Coral Bay and Taganito HPAL mills, with prices linked to the LME, achieving an average price of $8.36 per pound of nickel payable. This compares to the price payable for nickel per pound in 2020 at $6.22, or 8.18 million wet tons. In USD/WMT, deliveries to the two HPAL plants in 2021 and 2020 generated $12.11 and $8.33/WMT, respectively. 
  
NAC confirmed a total equity gain of P557.9 million on its investments in two HPAL plants in 2021, compared with P190.4 million in the previous year, as nickel prices rose on the LME. 
 

Q: IMF : Consumption of nickel, lithium, cobalt, etc. will increase six times
A: According to the International Monetary Fund (IMF), under the scenario of achieving net zero emissions by 2050, the historic transformation of global carbon emissions containment may stimulate unprecedented demand for some of the most critical metals used in the production and storage of renewable energy. 
  
Demand grows, and supply release takes time. The prices of copper, nickel, cobalt, and lithium have risen year after year. Soaring costs may continue until the end of this decade, and may disrupt or delay energy transition plans. 
  
  
Under the high target scenario given by the International Energy Agency, the consumption of lithium and cobalt will soar more than six times to meet the demand for batteries and other clean energy. 
  
The use of copper will double and the use of nickel will quadruple, although this also includes meeting demands that are not related to clean energy. The mismatch between raw material supply and demand cannot be eliminated. The supply side is subject to the capacity release cycle, and it often takes a long time to rebalance supply and demand.

Q: China has become Turkey’s largest source of stainless steel supply
A: In the first five months of this year, Turkey imported 288,500 tons of stainless steel, which is higher than the 248,000 tons imported in the same period of the previous year. The cost of these imported products totaled 566 million US dollars, which is 24% higher than the global steel price. 
  
The latest Turkish Statistical Institute (TUIK) data shows that East Asian suppliers continued to increase their share of the Turkish stainless steel market at competitive prices during this period. 
  
From January to May this year, China became Turkey's largest stainless steel supplier by shipping 96,000 tons of stainless steel to Turkey, a year-on-year increase of 47%. If this growth trend continues, China's stainless steel exports to Turkey will exceed 200,000 tons by 2021. 
  
  
As of May, Turkey's imports of stainless steel plates from South Korea were still relatively strong, at 70,000 tons. 
  
The latest data show that Turkey imported 21,700 tons of stainless steel coils from Spain in five months, while the total amount of stainless steel wire rod imported from Italy was 16,500 tons. 
  
Posco Assan TST, Turkey’s only cold-rolled stainless steel mill, headquartered in Kokaeli Izmit near Istanbul, has an annual production capacity of 300,000 tons/year, stainless steel cold-rolled coils with a thickness of 0.3 to 3.0 mm and a width of up to 1600 mm.

Q: Where is the main producing area of stainless steel in China?
A: Where is the main producing area of ​​stainless steel? 
  
1. Wuping, Fujian 
Many years ago, Wuping Stainless Steel Park had a planned construction area of ​​6,000 mu with a total investment of 12 billion yuan. There are many people who go out to work in the stainless steel industry. In 2014, there were more than 30,000 people. After years of hard work, the industry has taken shape and has become the "big brother" of the Haixi stainless steel industry. 
  
2. Caitang, Chaozhou City 
In October 2004, it has been awarded the title of "Hometown of Stainless Steel Products in China" by the China Hardware Products Association, which has further improved the brand awareness of regional characteristics. In 1996, Caitang Town was awarded the title of "Stainless Steel Kingdom" at the Beijing Patent Products Fair. In October 2004, the China Hardware Products Association awarded Caitang Town the title of "China Stainless Steel Products Hometown". 
  
3. Xinhui District, Jiangmen City, Guangdong 
There are two towns with outstanding development, both of which have been selected as one of the top thousand towns in the country and the national key towns. The industry is mainly based on manufacturing and is rich in stainless steel products. It originated in the 1970s and 1980s, including kitchen tableware, bathroom utensils, and hardware. Small household appliances, etc., the products are of high quality and are exported to all parts of the country. Siqian is a professional town of hardware and stainless steel in Guangdong Province, and has the reputation of "the hometown of stainless steel products". 
4. Lanshi, Foshan 
The hometown of stainless steel, Lanshi has developed into my country's largest stainless steel processing base and distribution center for stainless steel materials and products by virtue of its traditional metal processing industry. 
  
5. Dainan Town, Jiangsu Province 
Awarded the title of "China's Famous Stainless Steel Town" by the Stainless Steel Branch of China Metal Material Circulation Association. Now there is "one quarter of the world", that is, Dai Nan's share of Xinghua's development sector is one quarter. 
  
6. Xinxing County, Guangdong Province 
Its industries include stainless steel kitchenware, fruit processing, leather goods, clothing, building ceramics, daily-use porcelain, biopharmaceuticals and other industries. Among them, the stainless steel product industry and fruit processing industry are particularly famous. In 2006, the export value of stainless steel kitchenware was 240 million US dollars.

Q: In the first half of the year, global crude steel production increased by 14.4% year-on-year
A: Recently, the World Steel Association (WSA) released data on global crude steel production for June. In June, the crude steel output of 64 countries and regions included in the World Steel Association's statistics was 167.9 million tons, a year-on-year increase of 11.6%. In the first half of the year, the total crude steel output of 64 countries and regions included in the global statistics reached 1.003 billion tons, an increase of 14.4% year-on-year, setting a record for the largest increase in recent years. 
In June, crude steel production in Asia and Oceania was 122.5 million tons, a year-on-year increase of 6.4%; EU crude steel production was 13.2 million tons, a year-on-year increase of 34.7%; North America crude steel production was 10 million tons, a year-on-year increase of 45.2%; South America Crude steel output was 3.9 million tons, an increase of 51.3% year-on-year; crude steel output in the Middle East was 3.6 million tons, an increase of 9.1% year-on-year; crude steel production in the CIS was 8.9 million tons, an increase of 9.1% year-on-year. 
  
  
From the perspective of the top ten steel producing countries (regions), in June, crude steel production in Mainland China was 93.9 million tons, an increase of 1.5% year-on-year; crude steel production in India was 9.4 million tons, an increase of 21.4% year-on-year; crude steel production in Japan was 810 10,000 tons, a year-on-year increase of 44.4%; U.S. crude steel production was 7.1 million tons, a year-on-year increase of 44.4%; Russian crude steel production is expected to be 6.4 million tons, an increase of 11.4% year-on-year; South Korea’s crude steel production was 6 million tons, a year-on-year increase of 17.3% ; Turkish crude steel production was 3.4 million tons, a year-on-year increase of 38.2%; German crude steel production was 3.4 million tons, a year-on-year increase of 17.9%; Brazil crude steel production was 3.1 million tons, a year-on-year increase of 45.2%; Iran’s crude steel output was 2.5 million Tons, an increase of 1.9% year-on-year.

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