International Steel Market Analysis in Mar.2014

Steel Price Rebound in North America, Keep Falling in Europe and Asia

• North America Market

In March end, CRU North American steel price index was 177.2 points, 2.6 points up, increasing 1.5%. In March, U.S. manufacturing PMI was 53.7%, rose by 0.5% among which new orders index rose by 0.6% with the demand situation improved slightly. In March end, U.S. crude steel capacity utilization rate is 75.7%, 0.5% lower than last year. Plate prices continue to rise in the U.S. market in March. while other products continue to fall in price.

• Europe Market

In March end, CRU European steel price index was 155.7 points, 0.8 points down, decreasing 0.5%. In March, the Euro zone's manufacturing PMI index was 53.0%, fell by 0.2%. In major European countries, Germany and the UK manufacturing PMI were 53.7% and 55.3% respectively, dropped 1.1% and 0.9% respectively; France, Italy and Spain's manufacturing PMI were 52.1%, 52.4% and 52.8%, respectively, increasing 2.4, 0.1 and 0.3% respectively. This month the plank product prices in German market rose, but long products prices fell.

• Asia Market

In March end, CRU Asian steel price index was 164.3 points, 0.7 points down, decreasing 0.4%. In March, the Asian major economies manufacturing industries expanded at low speed, with China and South Korea manufacturing PMI 50.3% and 50.4% respectively, rose by 0.1 and 0.6% respectively; Japan, India, Indonesia and China Taiwan's manufacturing PMI were 53.9%, 51.3%, 50.1% and 53.9% respectively, dropped 1.6%, 1.2%, 0.4% and 2.0% respectively. This month Far East market steel prices remained stable, plank product prices turned to fall, and long products continued to fall.

For more price details about steel products please keep eyes on China steel prices of steelfromchina.com. 

Want to know more about Galvanized Angle Iron?

Galvanized angle iron supplier is not necessarily the common angle iron manufacturer. Because galvanized angle iron is by the angle iron then making galvanized, sometimes, the angle iron factory can’t make galvanized process, so we need to find the professional galvanized mill to galvanize for our angle iron after which we can get the galvanized angle iron. So the galvanized angle steel price is always higher than the angle iron price about 800-1200 rmb / ton more or less.

Galvanized Angle Iron is the angle after derusting into around 500 ℃ melting liquid zinc through which the zinc layer is adhered on the surface of the angle steel, thereby reach the purpose of anticorrosive, it’s suitable for all kinds of acid, alkali fog corrosive environments.

Galvanized Angle Iron has many advantages just like the following list

No. 1 Low processing cost: the cost of the hot dip galvanized anti-rust cost is lower than other paint coating.

No. 2 Durable: hot dip galvanized Angle steel has surface luster, uniform zinc layer, no plating leakage, no DiLiu, strong adhesion, corrosion resistance strong features. In the suburbs environment, standard hot-dip galvanized anti-rust thickness can be 50 years without repair, and in urban areas or coastal area, the standard of hot-dip galvanized anti-rust layer can keep 20 years without repair.

No. 3 Good reliability: between the galvanized layer and steel there is the metallurgical combination. It’s a part of the steel surface which can make the durability of coating more reliable.

No. 4 Coating of high tenacity: galvanized layer to form a kind of special metallurgical structure, this structure can bear the mechanical damage during transport and use.

No. 5 Comprehensive protection: each section of the plated parts can zinc plating, even in the cavity, sharp corners and hiding places can be fully protected.

No. 6 Save time and effort: galvanized process faster than other coating construction method, and can avoid the time needed for brushwork at site after installation.

Galvanized angle iron has very widely use with tower, communication tower, railway and highway protection, lamp posts, Marine structures, construction steel structure component, ancillary facilities of substation, light industry, etc.

If you are looking for information on the better anti-rust, high tenacity coating, durable and good reliability angle iron, please visit our product page. 

Angle Iron and price

As we all know, China steel has advantage on price and with excellent quality. Steelfromchina.com is the most representative China steel which gathering first class Chinese factories especially for structural steel. Among them, angle iron is one of the most popular and useful structural steel.

An angle iron is a flat metal rod that has been folded to a 90-degree angle along its length, resulting in an L-shaped piece. Usually the two sides of the angle are of equal length. Heavier angle iron is often a structural element in buildings, bridges, and so on, while a lighter version is used for a variety of supports. An adjustable bed frame, for example, is made of this material.

Iron and steel are the most common materials used to make this mate, especially when it will be used in a structural framework. In these cases, the rod is often called angle steel or steel angle iron. Aluminum is used when weight or rust are important considerations. Brass angle iron is sometimes used in projects, especially when the rod will be visible in the finished work and aesthetic appeal is important. Sometimes angle iron is sold with a powder finish that resembles paint.

Angle iron is available in several standard sizes, usually expressed by naming the length of one side. That with longer sides is typically made of thicker metal and has a thicker “root,” the area where the bend is located. Larger versions can support heavier loads

Slotted or pierced angle iron has holes at standard intervals along both sides. Usually the holes are one inch (2.54 cm) apart as measured from the center of each hole. The holes are oval rather than round to allow for different stress in the finished product. Slotted angle iron is often used for uprights in commercial shelving, since sections are easy to assemble with nuts and bolts. Precut lengths with formed metal shelves are often packed and sold as garage shelving.

Angle brackets are sometimes called angle irons. These are also L-shaped pieces of metal, but the fold runs across the width of the flat metal rod instead of along its length. Angle brackets are often bolted to the wall and used to support shelves.

For amazing angle iron price, please browse our steel price age.