Early reference of steel market
Analysis of Steel Trends 1. Building materials: Prices remained stable and fell slightly yesterday The fundamentals continue to be weak in both supply and demand, with inventory accumulation and a…
Steel price up weak! Today’s price…
Macro news 01 It is expected that the MLF interest rate will be lowered in the first quarter Market expectations for a rate cut in January fell short. The maturity…
The seamless steel pipe market remains volatile this week and prices continue to rise
From the perspective of supply and demand, stocks are now at low point, resources are relatively tight, and traders have high costs of acquiring goods. They are less willing to adjust…
Baoji Petroleum Steel Pipe Co., Ltd joins forces with Linzhou Fengbao Pipe Industry Co., Ltd to contribute to China’s national oil and gas energy
On December 27, Linzhou Fengbao Pipe Industry received a thank-you letter from Baoji Petroleum Steel Pipe. The letter expressed gratitude for Linzhou Fengbao Pipe Industry’s long-standing support and assistance to…
The domestic scrap market continues to operate strongly
Last week, the domestic scrap market continued to operate strongly, businesses were stable, the arrival of raw materials in the base was reduced, steel companies were mainly stable procurement, and…
Steel Price Forecast: Changes in Steel Prices?
1. The factors affecting the steel market include the following In November, China exported 5.46 million tons of sheet metal, a year-on-year increase of 68.2% The latest data shows that…
Fengbao emerged in Libya oil market
Libya's oil and gas reserves rank fourth in Africa and are an important target market for steel pipe companies. However, due to years of war, it is very difficult for…
FENGBAO participated PTTEP Supplier Day Conference
On December 12, Fengbao Pipe Industry Co.,Ltd., as an approved supplier of the PTT Exploration and Production Public Company Limited (PTTEP), was invited to participate in its annual supplier conference,…
Fengbao Heavy Technology became an excellent supplier of Hande Group
On December 5,2023, the "2024 Annual Supplier Annual Meeting of Shaanxi Hande Car Bridge Co., Ltd." with the theme of "collaborative symbiosis, value win-win" was held in Chongqing, China. It…
All up! Over 90% steel mill price adjustment, the highest raised by 70 Yuan
From January to November, the launch and transaction area of residential land in 300 cities across the country fell by 21.5% and 28.0% respectively. As of the end of November,…
Under the new situation, steel enterprises should do four aspects of work – “ensure survival, seek development, increase experience, and carbon storage”
On November 24, the 2024 Construction Steel Development Trend Summit Forum hosted by Lange Steel Network was held in Beijing. Nearly 100 representatives from steel enterprises, steel trade enterprises, scientific…
Li Jingmin’s routine safety comprehensive inspection of steel pipe warehouse
In the afternoon of November 21st, Li Jingmin, Secretary of the Party Committee and General Manager of Henan Fengbao Special Steel Group, organized a relevant professional team to conduct a…
Fengbao obtained the National CNAS Laboratory Accreditation
Fengbao Pipe Industry obtained the laboratory accreditation certificate issued by China National Accreditation Service for Conformity Assessment (CNAS), which is a high recognition and affirmation of the company's quality inspection…
9,432 meters! Asia’s deepest well achieves a high-yield oil and gas flow
Chinese Sinopec's "Deep Earth No. 1" made a breakthrough in the test of the YJ3-3XC well deployed in the Tarim Basin, achieving a high-yield oil and gas flow with a…
Seamless pipe prices expected to experience narrow fluctuations today
Price Review: Seamless pipe: On November 17, Linyi market 108*4.5mm seamless pipe price rose 30 yuan/ton, Liaocheng market 108*4.5mm seamless pipe price stability, Mysteel seamless pipe price index of 4,746.63,…
Fengbao management Trade Union studied and implemented the Spirit of the 18th National Congress of Chinese Trade Unions.
On November 15, the trade union of Linzhou Fengbao Pipe Industry Co., Ltd. held a special meeting to collectively convey the spirit of the 18th National Congress of Chinese Trade…
Tao Manxi did research and guided scientific and technological innovation work in Fengbao
On November 10, Tao Manxi, member of the Party Group and Deputy Director of the Department of Science and Technology of Henan Province, visited Linzhou Fengbao Pipe Industry Co., Ltd.…
Weekly overview of raw material market(October 28 – November 3)
Last week, the price of various varieties of raw material market fluctuated, steel enterprises increased production maintenance, raw fuel procurement tends to be cautious. Iron ore prices continue to rise…
Lei Ming visited Fengbao to do research
On November 6, Leiming, Vice Chairman of Anyang CPPCC and leader of the city's steel industry chain, went to Fengbao Special Steel Group to investigate the production and operation of…
Li Jingmin participated in the third World Overseas Chinese Business Conference Anyang visit investment promotion meeting
Overseas Chinese gather Anyang win-win future The 3rd World Overseas Chinese Business Conference was held in Anyang On the afternoon of November 1st, the third World Overseas Chinese Business Conference…
