• Improper welding of X80 pipeline may cause cracks
• Brief introduction of API X52 pipeline steel
• The difference between PSL1 and PSL2
• Harm of inclusions in X70 pipeline steel
• API 5L pipeline pipe
• X52 steel plate surface quality standards that need to be met
• The basic production process of API 5L X60 pipeline steel
• The key to Q460D steel welding process
• What does the heat treatment of Q690 Steel include?
• Reasons for choosing Q690D steel

The iron ore price has much to do with API 5L X60 gas pipeline steel manufactures

The price of imported iron ore continues to rise, and the price of API 5L X60 gas pipeline steel continues to fall. Since the beginning of this year, the profitability of API 5L X60 gas pipeline steel manufactures has been severely squeezed. According to an incomplete analysis, as of August 20, among the 15 listed steel companies that issued an interim report, 10 of their net profit of API 5L X60 gas pipeline steel declined year-on-year.

According to industry insiders, iron ore is the biggest factor in eroding profit per ton of API 5L X60 gas pipeline steel, and this situation continues to happen. The data show that the Australian fine ore prices in Qingdao Port and the Brazilian fine ore prices in Rizhao Port denominated in RMB have recently hit a six-year high. The main iron ore price of DCE has risen since April this year, with a cumulative increase of more than 30%. Undoubtedly, the iron ore price trend in the second half of the year will directly affect the "nerves" of API 5L X60 gas pipeline steel manufactures.