A Production News Detonated Iron Ore Market Rebar But Calm To The Right

- Apr 22, 2019-

A production news detonated iron ore market rebar but "calm" to the right

On March 15th a Brazilian court ordered VALE to suspend operations at the Timbopeba mine, which produces 12.8m tonnes a year.VALE's official website subsequently stated that it would abide by the court's decision.The court also ordered the company to stop using the Doutor dam, which receives tailings from the mine.Vale also said the court's decision on Timbopeba was based on preliminary information from the Doutor dam sent by prosecutors in the state of minas gerais.It added that the dam was inspected by experts from the state mining agency on 14 March and they found no "relevant anomalies that put its safety at risk".In the above news disturbance, on March 18, the main iron ore contract rose to the highest 645 yuan/ton, the final closing price of 632.5 yuan/ton, or 1.61%.The suspension of operations at the Timbopeba mine had a limited impact on global iron ore supply and demandBefore the accident, vale was aiming to produce 400 million tons in 2019, up from 10 million tons in 2018, according to Chen junjie, an analyst at yongan black futures.On January 30th vale suspended operations at VargemGrande and Paraopebas after the January 26th accident.The closure of the Brucutu mine on February 7th, as Brazilian regulators tightened their grip, has twice affected 70m tonnes of iron ore a year.Add in an additional 12m tonnes and the total loss is 82m tonnes.Assuming vale can increase production by 20 million to 25 million tons through mines in other regions, it is expected to produce 333 million tons in 2019, Chen said.Zhai hepan, head of black industry research at CCB futures, said the overall impact on global iron ore supply and demand was limited.He said the "suspension" is different from the "closure", and before assessing the impact of the dam break and resource and environmental policies, the "suspension" mainly affects short-term supply, but has little impact on the medium and long term.

 

Product Description

Product Application

Drill pipe, is hollow, thin-walled, steel or aluminium alloy piping that is used on drilling rigs. It is hollow to allow drilling fluid to be pumped down the hole through the bit and back up the annulus. It comes in a variety of sizes, strengths, and wall thicknesses, but is typically 27 to 32 feet in length (Range 2). Longer lengths, up to 45 feet, exist (Range 3).

Drill stems must be designed to transfer drilling torque for combined lengths that often exceed several miles down into the Earth's crust, and also must be able to resist pressure differentials between inside and outside (or vice versa), and have sufficient strength to suspend the total weight of deeper components. For deep wells this requires tempered steel tubes that are expensive, and owners spend considerable efforts to reuse them after finishing a well.


A used drill stem is inspected on site, or off location. Ultrasonic testing and modified instruments similar to the spherometer are used at inspection sites to identify defects from metal fatigue, in order to preclude fracture of the drill stem during future wellboring. Drill pipe is most often considered premium class, which is 80% remaining body wall (RBW). After inspection determines that the RBW is below 80%, the pipe is considered to be Class 2 or "yellow band" pipe. Eventually the drill pipe will be graded as scrap and marked with a red band.

Drill pipe is a portion of the overall drill string. The drill string consists of both drill pipe and the bottom hole assembly (BHA), which is the tubular portion closest to the bit. The BHA will be made of thicker walled heavy weight drill pipe (HWDP) and drill collars, which have a larger outside diameter and provide weight to the drill bit and stiffness to the drilling assembly. Other BHA components can include a mud motor, measurement while drilling (MWD) apparatus, stabilizers, and various specialty downhole tools. The drill stem includes the entire drill string, plus the kelly that imparts rotation and torque to the drill pipe at the top.


Size (in)
Nominal Weight (1b/ft)
OD of Pipe Body
Wall Thickness of Pipe Body
   Grade
Upset Type
   Conn. Type 


(in)
(mm)
(in)
(mm)
                                                                                                                        EXGS
                                                   EU

2 3/8
6.65
2 3/8
60.32
0.28
7.11
NC26 (2 3/8 IF)
2 7/8
10.4
2 7/8
73.02
0.36
9.19
NC31 (2 7/8 IF)
3 1/2
13.3
3 1/2
88.9
0.37
9.35
NC38 (3 1/2 IF)
3 1/2
15.5
3 1/2
88.9
0.45
11.4
NC38 (3 1/2 IF)
4   
14
4   
101.6
0.33
8.38
NC46 (4 IF)
4 1/2
16.6
4 1/2
114.3
0.34
8.56
                                                                                      IEU
NC40 (4 IF)
4 1/2
20
4 1/2
114.3
0.43
10.92
NC46 (4 IF)
5   
19.5
5   
127
0.36
9.19
NC50 (4 1/2 IF)
5   
19.5
5   
127
0.36
9.19
5 1/2 FH
5   
25.6
5   
127
0.5
12.7
NC50 (4 1/2 IF)
5   
25.6
5   
127
0.5
12.7
5 1/2 FH
5 1/2
21.9
5 1/2
139.7
0.36
9.17
5 1/2 FH
5 1/2
24.7
5 1/2
139.7
0.42
10.54
5 1/2 FH
6 5/8
25.2
6 5/8
168.28
0.33
8.38
6 5/8 FH
6 5/8
27.7
6 5/8
168.28
0.36
9.19
6 5/8 FH
H56bff2669a534120b780bf1ff8cde9ed2
H1451f48fb8834e9bae709458a06670d7G
Hd1bfe2d652bf45689110822c77a8d4eck
Quality Control
HTB1UKsXaCSD3KVjSZFKq6z10VXa3_.webp.jpg
Company Profile

Cangzhou Steel Pipe Group (CSPG) Co., Ltd. is a large-sized, key metallurgic enterprise of Hebei Province in North China, whose history dates back to 1994. CSPG currently em/paces six member companies with products varying from SSAW, LSAW, ERW, seamless steel pipes to 3PE pipes, galvanized pipes, casing pipes, etc. A Joint-stock corporation, CSPG occupies an area of 600,000 square meters with a total asset of $530 million.



Specialized in the production of straight welded pipe spiral pipe galvanized pipe 3PE/3PP/FBE/TPEP internal and external epoxy powder internal and external epoxy resin cement mortar two cloth three oil buried pipeline IPN8710 non-toxic drinking water internal and external plastic coated lining plastic and other anti-corrosion pipe fittings for oil and gas pipeline water conservancy projects



Executive standard :DIN30670 DIN30678 CSA Z245 AFNOR nf49-710/711 NACE rp0394/0490 AWWAC 210/C213GB/T9711 API 5L ISO 3183Material: Q235B/Q355BGR A GR B x42-x80 l245-l555

 

Business scope: 21.3mm-3620mmLSAW submerged arc welded pipe 325-2020mmERW straight welded pipe 6mm-711mmSMLS seamless tube 10-1120mmSSAW spiral steel tube 219-3620mmDemand for quality suppliers and partners

 

FAQ

1) How can I place order?

A: You can contact us by email about your order details, or place order on line.

2) How can I pay you?

A: After you confirm our PI, we will request you to pay. T/T and Western Union are the most usual ways we are using.

3) What's the order procedure?

A: First we discuss order details, production details by email or TM. Then we issue you an PI for your confirmation. You will be requested to do pr -epaid full payment or deposit before we go into production. After we get the deposit, we start to process the order. We usually need 15-25days if we don't have the items in stock. Before production has been finished, we will contact you for shipment details, and the balance payment. After payment has been settled, we start to prepare the shipment for you.

4)How do you take care when your clients received defective products?

A: replacement. If there are some defective items, we usually credit to our customer or replace in next shipment.

5)How do you check all the goods in the production line?

A: We have spot inspection and finished product inspection. We check the goods when they go into next step production procedure.

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