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The demand for reliable materials in cryogenic service applications has increased significantly with the rapid growth of LNG terminals, industrial gas storage facilities, and low-temperature pressure vessels.2026-06-24
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As the global demand for liquefied natural gas (LNG) continues to grow, the need for reliable materials for cryogenic storage systems has become increasingly important.2026-06-18
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For engineers specifying materials for cryogenic pressure vessels, finding the balance between strength and ductility at sub-zero temperatures is challenging.2026-06-12
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In industries where equipment must operate reliably under freezing or cryogenic conditions, material selection becomes a matter of safety and structural integrity.2026-06-01
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While both ASTM A203 Grade B and ASTM A106 Grade B serve critical roles in industrial applications, they are fundamentally different in composition, purpose, and performance.2026-06-01
Chinese steel companies reported profits in November for the first time in 4 months
Forbes reported that the Chinese economy is improving the nation’s leading steel companies reported profits in November for the first time in 4 months.
Statistics from the China Iron and Steel Association showed that the biggest steel firms there have returned to profitability but oversupply and a string of unprofitable months have made it a tough year for the industry. China steel companies are still in the red on the year as of November.
In a meeting Mr Wang Qinghai chairman of the association said that “In the first 11 months of 2012 the 80 major steel makers posted a loss of CNY 1.97 billion.” He said that “Chinese steel makers made meager profits in March, April and May and reported losses in the following months only improving their performance in the Q4 of 2012. Throughout 2012 Chinese steel makers’ capital chain continued to worsen as financing costs increased.”