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2023 Global Steel Outlook Report
In 2022, the outbreak of the Russo-Ukrainian conflict drove European energy prices to soar; the Fed raised interest rates multiple times to control inflation (the worst one in 40 years), and China'...
CUMIC 2017 Annual Gala
On January 14th 2017, CUMIC 2017 Annual Function was held as scheduled. The theme this year was A Fresh Start to the Bright Future. All leaders, colleagues and representatives from offices overseas at...
Tips to Avoid Cracking during Wear Plate Processing
Wear-resistant plate, also known as abrasion-resistant plate, is used in various industries and applications where abrasion, wear and tear requirements are particularly critical.However, while the wea...
[Life at CUMIC] CUMICers celebrated 10-year anniversary in Hokkaido
As a part of the "10 Years' Journey, A Fresh Start", special trips to Hokkaido in Japan were arranged for staff of CUMIC, domestic and overseas, from December 7 to 13, 2016. Carefully de...
3 Things You Should Know about Wear Plates
1. What are Wear-Resistant Steel Plates?Wear-resistant steel plates, also named abrasion-resistant plates (AR Plates), are used to reduce wear and tear on equipment surface caused by intense rolling a...
Notice on Change of Telephone Number for CUMIC Steel Limited Shanghai Office
Dear Valued Partners,Thank you for your long standing support of CUMIC. Due to an internal telephone system upgrade, starting from January 1, 2024, the telephone number for CUMIC Steel Limited Shangha...
[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...
CUMIC Selected as Outstanding Case in CATIS's Services Trading Development Report
In September 2021, CUMIC has been selected as outstanding case in a report issued by the China Association of Trade in Services (CATIS). This coveted recognition acknowledges CUMIC’s efforts to provi...
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...
[EVENT] CUMIC Attended FABTECH 2016 in the U.S
Event: FABTECH 2016, North America's largest metal forming and fabricating eventDate: November 16-18, 2016Location: Las Vegas, U.S.A.FABTECH is North America's largest, most professional, and ...
[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, ...
[Life at CUMIC] Hiking On Hui-Hang Ancient Path
On June 4-5, CUMIC Steel Limited organized the activity of hiking on Hui-Hang ancient path, hereby to start the "Ten Years' Journey, A Fresh Start" Activities, which is designed to celeb...