China’s Wuhan Iron and Steel Corp (WISCO) successfully delivers first exports of reduced iron powder

January 29, 2014

The Wuhan Iron and Steel Corporation (WISCO), China’s first giant state owned iron and steel company and now the fourth largest steel maker in the world, has begun exports of reduced iron powder.

The company stated that earlier this month a shipment of reduced iron powder was delivered to a customer in Korea, marking the first international export of WISCO’s Powder Metallurgy products and laying a solid foundation for further exports of the company’s reduced iron powder.

Since the crisis in the steel industry in recent years, domestic consumption demand for its iron powder in China has declined, stated WISCO, “Atomised iron powder with higher purity at a lower price has squeezed the market share of reduced iron powder. The sales of reduced iron powder have been confronted with enormous setbacks.”

“The quality and sales volumes of WISCO Powder Metallurgy products has been at the top in China for a long time. However, we failed to export the products. In the middle of 2013 the Powder Metallurgy Branch received a price inquiry and order from overseas. Under the circumstances that there were four competitors and the company hadn’t acquired the import and export certification, we remained confident and overcame all difficulties to seize this precious opportunity,” stated WISCO.

www.wisco.com.cn 

Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link