Hangzhou Harmony Chemical Co.,Ltd
sustainable development
Vanadium titanium steel plants face suspension on weak demand
It is reported that some vanadium titanium steel plants in the Chinese Sichuan Province have faced production suspension due to weak market demand, continuously falling steel prices and low margin rates. It's learned that the sales volumes of vanadium titanium steel products have remained sluggish since August 2012. The inventory to sales ratio was at 96.66%, falling by 1.6 percentage points YoY. However, the steelmakers' input costs have still remained high due to higher raw materials prices and employee costs. Affected by these factors, the vanadium titanium steelmakers' margins have dropped substantially and some of them have faced production suspension.
Related News
  • Short-term bullish sentiment is expected to increase by China titanium market stable and inflation

    Short-term bullish sentiment is expected to increase by China titanium market stable and inflation

    September 6, 2017Mainstream titanium ore prices steady. Low-cost resources currently on the market has basically disappeared, 46.5% in Panxi 10 mines have no less than 600 yuan / ton offer small plant resources concen...view
  • Analysis of China Titanium Dioxide Production in September 2020

    Analysis of China Titanium Dioxide Production in September 2020

    October 19, 2020In September 2020, China's titanium dioxideoutput was 302,200 tons, a decrease of about 2,000 tons from August, a decreaseof 0.69% from the previous month and an increase of 13.96% from the previousye...view
  • Two More Elements Affects China Tio2 Price

    Two More Elements Affects China Tio2 Price

    September 6, 2017Believe most of the importers for China Tio2 have felt the price-up tendency with past continuous months. It is getting harder to have new order with much more lower price any more from first level Ch...view
  • Application of Titanium Dioxide in Plastics

    Application of Titanium Dioxide in Plastics

    January 10, 2018The plastic industry is the second largest user of titanium dioxide. Generally, the consumption of titanium dioxide in the plastic field accounts for 20% of the consumption of titanium dioxide in the ...view
  • IE report of China TiO2 market

    IE report of China TiO2 market

    September 6, 2017Although imports of TiO2 from Australia to China has increased enormously, imports in Feb. is still greatly reduced due to the following reasons. One reason is that the imports from the US (a major im...view
  • Application of Tio2 for Paper

    Application of Tio2 for Paper

    January 10, 2018Papermaking is the third largest user of titanium dioxide industry. Low-grade paper generally does not use titanium dioxide as raw materials because of the production cost. They mainly use china clay,...view
  • TEL:+86-0571-56189835
  • FAX:+86-0571-87247555
  • EMAIL:sales@chinaharmony.cn
  • ADDRESS:31 Floor,Sunon Central Mansion, No.200 Civilian Street, Qianjiang CBD, Hangzhou, Zhejiang, China