PMI index slows the lowest rate in March. According to the Caixin report, China Purchasing Managers' Index is 49.7 in March, despite falling gain but at the slowest rate in the past 13 months. What is PMI? In China, the PMI measures the performance of the manufacturing sector, and the data comes [...]
5 reason why you should invest in 5 axis CNC machining center A few years ago, metal processing plants wanted to know why they should switch from manual operation to CNC mills. In the case of 5-axis machining investment today, the situation is similar. Those who have not switched to the CNC will end up [...]
bushing assembly part supplier in China,ISO 9001:2008 & ISO/TS 16949:2009,YT components YT components excel in producing bushing assembly part, bearing ring and wind power coupling. Last week, European commodity manager from off-highway driveline technologies in D*** Group visited YT components. D*** Group is a leading steel manufacturer, service and solution provider and also manufactures [...]
Hebei, the northern province in China, plans to shut down 60 percentage of steel mills by 2020, which will lose 180 billion yuan in revenue. This is part of the efforts to trim overcapacity. Small mills with production capacity of less than 300,000 tons per year will be the first to be banned. One [...]
Let's share a grand event for machining, CNC machining industry in China: TaiHu International Machine Tool and Mould Manufacturing Apparatus Fair , the 28th edition of the China’s leading trade fair for construction machinery, building material machines, construction vehicles and construction equipment, will take place March 10 to 13, 2016 in Wuxi, China. This fair is [...]
According to My Steel, the ferrous market gained a lot since late Feb, and both futures market and forward market increased largely. In spot market, Tang shan billet price soared in this weekend, gain by Yuan 230 to Yuan 2030, nearly 13% of increase. It is said the main reason of this increase is the [...]