[Market Insight] Indian Steel Industry Overview
India is currently the world’s 2nd largest steel producer. In FY22 (till January), India’s production of crude steel and finished steel stood at 98.39 MT and 92.82 MT, respectively. The growth in th...
[Life at CUMIC] Rafting Trip
On June 29th and 30th, 2019, CUMICers arrived at a summer resort in Anji, Zhejiang Province to embark on the "2019- Vibrant CUMIC, Go Rafting"group event.During a thrilling, somewhat precipi...
Letter of Credit: From the Origin to the Future
What Is a Letter of Credit?A Letter of Credit (L/C) is a payment mechanism that provides economic guarantees to beneficiaries and is widely used in the global steel trade. The L/C issued by the bank w...
2020 CUMIC Annual Gala: Build the Future with Service+
On January 18, the 2020 CUMIC Annual Gala was successfully held in The Kunlun Jingan Hotel, Shanghai. Colleagues from home and abroad as well as some business partners of CUMIC were gathered for this ...
[Market Insight] Vietnam Steel Industry Overview
Vietnam’s GDP growth in 2021 has fallen short of forecasts to 2.58 percent, lower than the 2.91% in 2020, as the COVID-19 pandemic has imposed adverse impacts on all sectors of the national economy, ...
2019 CUMIC Annual Gala: Build the Future with Steel +
With the theme of "Build the Future with Steel," the 2019 CUMIC Annual Meeting was held at the Portman Ritz-Carlton, Shanghai on January 26. Colleagues from overseas and within China were pr...
[Market Insight] Russian Steel Industry Overview
Russia is the fifth-largest steel producer in the world. The country is extremely well endowed with mineral resources. It is rich in natural gas, oil, coal, iron ore, and various metal resources requi...
[Life at CUMIC] The 2nd CUMIC Hiking Challenge
Put on your back, organize your outfits, and let's start together! "12 years of Youth, Vitality for Youth" – The 2nd CUMIC Hiking Challenge was held at Shangqing ancient lane in Shaoxin...
[Market Insight] Turkish Earthquake Impacts on Local Steel Mills
On February 6, 2023, at 04:17 local time, an earthquake of magnitude 7.8 struck the Pazarcık area of Kahramanmaraş, Turkey. After the first earthquake, a total of 243 aftershocks occurred, the large...
2018 CUMIC Annual Gala: A Steel Bridge to the World
On Feb 3rd and 4th, 2018 CUMIC Annual gala was successfully held in the Sheraton Shanghai Chongming Hotel. The theme of the Annual Party was"A Steel Bridge to the World", the concept of dive...
[Market Insight] Ukrainian Steel Industry Overview
Ukraine is one of the world's largest producers of steel and exporters of iron ore.According to Ukrmetalurgprom, Ukrainian steel trade association, the countryproduced 21.4 million mt of crude ste...
[Life at CUMIC] Outing in Daishan Island
From May 27 to 28, 2017, all staff of CUMIC went on a two-day island tour on Daishan Island in Zhoushan, Zhejiang. The outdoor tour was under the theme of "2017, Here We Go! — A Tour to Daishan ...
Tinplate: Characteristics and Production
Tin plated steel sheet, commonly known as tinplate steel, refers to a cold-rolled thin steel plate coated with a thin layer of metal tin on the surface. It has a certain strength and hardness, good fo...