Category: Steel News

Increase in Russian steel imports in India

Post date June 15, 2023

Importance Of Steel In Engineering Constructions

One of the most used materials is Steel. We see Steel everywhere, and there are numerous machines. There are several applications of this(Steel) metal. It has wide applications in the steel and automobile industries. There are many Steel plants and Steel Dealers in Punjab. Punjab is one of the most industrialist areas and greatly needs Steel.

.While talking about Steel, one of the most excellent types of Steel is L6 tool steel. L6 tool steel is a particular grade of alloy steel used to make Dies, springs, Tools, etc. There are plenty of dealers for L6 Tool Steel in Punjab.

Every year India imports tonnes of Steel for industrial needs. Let’s find out how much steel India imports from which country in this article.

Steel Import:

According to the Data, India is the world’s second-largest crude steel producer. Even then, India imports a tremendous amount of Steel from other countries. Steel import data from foreign countries are explained. Let’s take a deeper look into the imports and data reports from the countries which have a significant role in the steel import in India.

Steel import from Russia:

India imported an enormous amount of Steel from Russia from January to April. The demand for Russian Steel rose in the Indian market and increased dramatically.

The main reason for the enormous import of Russian Steel rose is the trade shift of Russia towards Asia. Due to the Russian invasion of Ukraine, many Western countries imposed sanctions on Russia. After the Russian-Ukraine crisis, there was a change in the regular supplier and the domestic steel manufacturers/producers, and they are losing market share to the potentially low cost.

Steel import from Moscow:

After 2016/17, Moscow has become India’s fourth biggest steel supplier. From January to April, Moscow emerged as one of India’s top 5 steel suppliers.

More than 70% of Moscow’s total steel production is imported into India. Moscow supplies HRC (Hot Rolled Coiled ) and Strips to India.

Displace of other steel importers by Russia:

For the first time in the last eight, Russia just displaced Japan, which was the second largest exporter of Steel to India. India buys about 46000 per tonne HRC from Russia, which is 21% more reasonable than the domestic price.

Indian steel export:

Russia not only exports Steel but also imports Steel from India. Stainless steels from India have great demand in the Russian market. In India, many Industries have an enormous need for Steel as raw material for many reasons. But it is challenging to find all kinds and all grades of Steel at one point.

But BK Steel Company has all grades of Steel if you need high-speed Steel, plastic molding steel, hot work steel, cold work tool steel, and other alloy steels. They have around 3500 tonnes of stock from various International steel companies at the finest cost.

Steel distributor Steel News

European Union’s Strengthened Steel Trade Relations with India

Post date June 12, 2023

Trade connections between nations are critical in supporting development and improvement in a steadily changing worldwide economy. The European Association (EU) and India have been expanding exchange associations, especially in the steel business.

This article investigates the European Union’s large increase in steel imports from India, giving light on the ramifications for steel dealers in Punjab and the market for L6 tool steel. We hope to provide a complete perspective of the growing trade landscape by studying the factors driving this rise and the possible benefits for both parties.

Exploring the Surge in Steel Imports: Steel imports from India into the European Union have increased by 76% in recent years. This increase reflects the increased demand for Indian steel in the EU market. With its abundant raw material reserves and superior manufacturing capabilities, India has emerged as a reliable and competitive steel supplier worldwide.
The Role of Steel Dealers: Steel dealers, known for their ability and involvement with the steel area, play a significant part in this changing trading scene. As interest in steel from India develops, these dealers will be strategically situated to address the needs of different ventures, including automotive, construction, and infrastructure advancement. Their understanding of various steel grades, such as L6 Tool Steel Punjab, enables them to provide excellent goods that match the specific requirements of their customers.
Unveiling the Benefits of L6 Tool Steel: L6 tool steel is widely used in a variety of sectors due to its high toughness and wear resistance. Increased steel imports from India present an opportunity for steel merchants in Punjab to supply L6 tool steel, which may be used to make tools, dies, and other items. Because of its outstanding qualities, it is a popular choice for industries that require high-performance materials.
Driving Factors behind the Growing Trade Relations: Several factors contribute to the strengthening of steel trade links between the European Union and India. These include competitive pricing, advantageous government policies, technological and infrastructure developments, and an emphasis on quality and sustainability. The two areas’ strong engagement produces a mutually favorable trading climate, encouraging economic growth and job creation.
Embracing New Opportunities: As the European Union increases its steel imports from India, new chances for steel merchants in Punjab and other regions emerge. By remaining current on industry trends and developing strategic alliances, these dealers may capitalize on rising demand and extend their customer base.

Conclusion:

The increase in steel imports from India by the European Union indicates that trade relations between the two regions are improving. BK Steel Company is ready to use the fortifying trade relations between the European Association and India, giving top-notch steel items and adding to the development of the steel business in Punjab and beyond.

As commerce grows, steel dealers must adapt to changing dynamics, develop new routes, and deliver high-quality steel goods to assist numerous sectors. This expanding trade agreement has enormous potential for economic growth, job creation, and the development of a robust steel market in Punjab and beyond.

Steel News Tempered Steel

Understanding the Process of Making Quenched and Tempered Steel

Post date May 22, 2023

A-Closer-Look-at-How-Quenched-and-Tempered-Steel-Is-Created

Modern steel manufacturing has made significant progress over the past few years, enabling us to produce stronger and more workable steel. Right now have abrasion-resistant and powerful steel known as quenched and tempered steel, which is notable for its predominant fabrication properties.

In this post, we have talked about the procedure of making quenched and tempered steel and the benefits that will be useful to you.

The Basics of Quenching and Tempering Steel

Quench hardening is another name for quenching that we have mentioned right below. The process of quenching and tempering helps to make extremely tough iron and steel-based alloys as well as other materials.

It is essential to monitor the entire process that we should do precisely as well. At first, materials are heated to extreme temperatures by tempering and quenching, and we follow it by cooling with the help of water, oil, air, or inert gases like nitrogen. While performing this process, it is imperative to examine the cooling methods implemented, the heating temperature, the types of materials used for cooling, and the time needed to make the steel cool.

Factors Influencing the Quenching and Tempering of Steel

The substance will become quite hard following the process of quenching. The name of the subsequent step during this procedure is referred to as tempering. It is imperative to carry out the heating process during this tempering process. This tempering process consists of attaining enhanced toughness and ductility by reducing hardness. Alloy Steel Punjab offers extraordinary strength and sturdiness for different industrial applications.

The quenched stuff has to be heated for some time below the critical point, and then we must allow it to become cold. Figuring out the correct duration and temperature will assist the fabricator in optimizing the substance such that the precise hardness specifications are satisfied. Moreover, we must ensure that the heating time and temperature modify according to the material’s composition.

Advantages of tempered and quenched plate

The combination of quenching and tempering processes results in the production of tougher and more ductile steel compared to ordinary carbon steel.
Quenching involves rapidly cooling the steel after heating it to a high temperature, making it extremely hard but brittle.
Tempering is a subsequent process where the quenched steel is reheated to a lower temperature, around 540 degrees Celsius, to reduce its brittleness and increase its flexibility without sacrificing hardness.
The amount of hardness removed during tempering depends on the duration of the process.
The resulting tempered and quenched steel exhibits enhanced yield strength and abrasion resistance, making it suitable for use in structures and machinery.
The toughness of this steel refers to its increased resistance to abrasion, further enhancing its durability.

Conclusion

BKsteelcompany Company is one of the leading steel dealers in Punjab that has been operating for quite some time. This company is known to supply top-quality steel products which satisfy the requirements of different commercial and industrial client bases. There is no doubt that it has become a pioneer in steel trading across Punjab and its adjoining areas right now.

Steel News Steel Supplier

A Complete Guide On The Uses of Steel In Daily Life: Must-Read

Post date April 4, 2023

Steel is widely used in many industries due to its durability, strength, and versatility. As a result, steel has numerous applications, from construction to manufacturing, making it an important material in modern society.

Although we consider steel a general product, there are several varieties of it. BK Steel Company is the biggest steel Supplier in Punjab, and if you are unaware of steel and its types, this blog is a must-read for you.

In this blog, we will provide you with an ultimate guide to the application of steel, covering everything from the different types of steel to its uses in various industries.

Different Types of Steel:

Before we dive into the application of steel, it’s essential to understand the different types of steel available:

Carbon Steel:

Carbon steel is the most commonly used type of steel made up of iron and carbon. This type of steel is prominently used in construction purposes.

Alloy Steel:

Alloy steel is made by adding elements like nickel, chromium, and manganese to carbon steel.

1.2714 steel is also alloy steel; you can contact BK Steel, one of the most reliable 1.2714 steel suppliers, to fulfill your requirements.

Stainless Steel:

This type of steel is made by adding chromium to carbon steel, which makes it highly resistant to corrosion and staining.

Tool Steel:

Tool steel is used to produce tools and dies due to its hardness and resistance to wear and tear.

Applications of Steel

Now that we’ve covered the different types of steel let’s dive into the various applications of steel in other industries:

Construction:

Steel is widely used in construction due to its strength, durability, and versatility. Steel is also used to manufacture reinforcing bars for concrete structures, enhancing their strength and durability.

Manufacturing:

Steel is used in manufacturing of products that includes machinery, vehicles, and appliances. Steel also has automotive parts such as engine blocks, transmissions, and suspensions. In the appliance industry, steel is used to produce refrigerators, ovens, and other appliances.

Transportation:

Steel is a vital component in the transportation industry. It’s used in the production of ships, airplanes, and trains. In addition, steel is used in the construction of bridges and tunnels, and it’s also used in the production of railroad tracks.

Energy:

It also produces energy-related products such as wind turbines, solar panels, and pipelines. It’s also used in the construction of power plants and transmission towers. In addition, steel is a vital component in the oil and gas industry, where it produces drilling rigs, pipelines, and other equipment.

Conclusion:

Steel is one of the most used materials that offers a plenty of applications in different industries.

Whether it’s in construction, manufacturing, transportation, or energy production, steel plays a vital role in the infrastructure of our society. Understanding the different types of steel and their applications can help us appreciate the importance of this material and its role in our daily lives.

Contact BK Steel Company to fulfill your steel requirements within no time.

Steel News

Steel Industry & The Indian Economic Growth: Trillion Dollar Industry

Post date March 20, 2023

Here’s How The Steel Industry Is Shaping The Indian Economy

We all know that the Steel industry is the biggest in India, and from the initial stage till now, the steel industry has greatly supported the Indian economy.

Whether you are talking about large steel industries, steel dealers in Punjab, or even small business people working in this industry, every single person contributes to India’s GDP.

Still, many people do not believe in the Indian steel industry and the stats they are generating. Hence to prove how the steel industry is leading to Indian economic growth, we are here to talk about it only and how this industry is touching the $5 Trillion mark soon.

Things That Leads To The Growth Of The Indian Steel Industry

Several reasons pushed or helped the Indian steel industry to grow exponentially. Let us have a look at some of them:

The first and major reason behind the growth of the Indian Steel Industry is the workforce that we have in India. When discussing western working styles, you will notice them doing a limited amount of work with no extra effort. Still, when talking about the Indian steel industry, the workforce works exceptionally to fulfill the targets.
Several growth opportunities are taking place in India. You will find a lot of infrastructures being built, such as roads, buildings, airports, hospitals, flyovers, and many more such things.
And all these things require steel in various forms. Hence this leads to an increase in the demand and production of steel. So the steel produced in India was being used for the infrastructure and growth of India only.
Not just that, various foreign countries also deal with Indian Steel companies to fulfill their requirements when they cannot complete their targets on time.
It has been noticed that the Indian steel industry contributes 2% of the Indian GDP. Secondly, when discussing job opportunities, currently, five lahks Indians are directly linked with the industry. At the same time, more than 40 lakh people are indirectly connected with the industry, and this speaks a lot about the growth and job opportunities the steel industry is creating in India.
The steel industry affects or becomes the growth of other sectors as well. For example, the steel industry is directly linked with construction, capital goods, automobile, internet products, railways, and many more.
As these industries are growing, their steel demand is also growing, which directly leads to the growth of the steel industry.

The domestic steel industry, including 1.2714 steel suppliers and many more, is building better links and networks for growth. Secondly, several export opportunities are taking place in the steel industry that will help this industry become a $5 Trillion industry.

Quality Steel for Quality Construction

The Indian Steel Industry will keep improving and growing this way, as several growth opportunities are lined up in both the Indian and International markets. Looking for a reliable steel supplier? BK Steel Company is your right choice.

Stainless Steel Steel News

What Differentiates Grades 304 and 316 Stainless Steel?

Post date January 11, 2023

Any person with hardly any knowledge of the industry may not be able to distinguish one stainless steel grade from another. However, for manufacturers and industry professionals, the distinctive qualities of various stainless steel alloys are evident. Grades 304 and 316 alloys, the two most often used stainless steel grades, may help to this confusion.

The two may seem the same at first look. However, each has certain qualities that set it apart from the others, and depending on how you want to use the material, they could significantly affect the lifespan of your product.

Grade 316 Stainless Steel: Properties And Applications

This grade of stainless steel trails only grades 304 in terms of similarity. It displays the same mechanical and physical traits, making it nearly hard to differentiate without specialized equipment or tests.

The main difference between 316 and stainless steel is its composition of materials. It contains:

Chromium, 16%
Nickel 10%
Molybdenum at 2%

Compared to 304 stainless strip coils, this alloy costs more per ounce of material. This is due to the presence of higher nickel and molybdenum. It is still a better option due to its stronger corrosion resistance, particularly against chlorinated solutions and chlorides.

Alloy 316 is a suitable material for situations with strong corrosives or when there is exposure to salt due to the aforementioned characteristics. The following are common applications for alloy 316 stainless steel:

Marine parts
Stainless steel baskets
Medical/surgical equipment
Chemical equipment
Pharmaceutical equipment
Outdoor electrical enclosures

Grade 304 Stainless Steel: Properties And Applications

The most well-known member of the stainless steel family is this one. Because of the higher chromium content, it offers good corrosion resistance. The partial chemical composition of grade 304 stainless steel is shown below, which demonstrates how different it is from 316 stainless steel chemically:

18% chromium
8% nickel

This stainless steel grade may also contain traces of manganese and carbon in addition to the two principal elements. These elements provide oxidation resistance, making it the perfect substance for cleaning and sanitizing.

These are some other common applications for this steel alloy:

Wheel covers
Storage tanks
Auto moldings and trim
Kitchen appliances and equipment
Electric enclosures

Get the Best Material from Global Leaders

The stainless steel alloys 316 and 304 are both excellent substitutes. Depending on the final use and the required physical and mechanical features, they each have their special advantages.

The leader in 1.2714 Steel Suppliers is BK Steel Company. We provide a wide range of stainless steel products and solutions for various industries. Our solutions can make your simple ideas a reality, and our 304 stainless steel slit coil and 316 alloy items are of the best standard.

Are you still having trouble deciding the grade of stainless steel to use for your project? You are not alone. Both alloy grades are top-notch, so it’s possible that you’re confused about which is best. Call us right now to speak with a Steel distributor Company in Ludhiana that can help you make the best decision.

Steel News Steel Supplier Tool Steel

What’s the professional approach to checking the steel reinforcement?

Post date November 11, 2022

Get an understanding to test the quality of Steel reinforcement

Steel is one of the integral parts of different products and is used to have the finest results. It’s the overall properties combined that make a huge difference to its final state and make sure to offer quality results to the end user. That’s why it’s important to seek assistance from the well-known Steel distributor Company in Ludhiana to fulfill all your necessary demands.

In all this, one of the major things that should not be neglected at any cost is the steel reinforcement to make the desired product outshine and ensure the quality is top-notch.

Simple and effective methods to check the steel reinforcement quality

To have the most simplified and effective approach for the steel reinforcement tactics, the overall quality makes a huge difference. Basically, to test the same, the focus is put on 2 major things:

Physical attributes
Chemical attributes

When you get hold of the reputed 1.2714 Steel Suppliers, you can discuss the quality of the procedure and the method they use to deliver the right results. To properly check the quality of steel reinforcement, it’s essential to follow all the necessary suggestions mentioned under the Indian Standard code 1786.

Inspection and tests are done to perform a quality check

The right measures and tests are essential parts of making the quality check for the reinforcement get in the appropriate state. There are a few tests and inspection methods that make everything much more manageable & effective.

Take a thorough look at the manufacturer’s test certificate

The manufacturer’s certificate allows one to have a better understanding of the necessary properties. With every specific lot, this test certificate is present to let the user make an informed choice.

Take a peek at the grade

When you thoroughly seek the manufacturer certificate, it’s important to see the steel grade. Doing so allows us to check whether it’s in the right order or not.

Consider the three important features

While checking the quality, it’s imperative to see the brand, bar diameter, and grade

Analyze the rust and debris

When you are looking at the steel quality reinforcement, it’s better to analyze the rust and debris present on the same. Make sure there’s no presence of any kind of unwanted material or subject on the steel surface. Although, a very tiny amount of rust is okay.

Tests performed to check the quality of steel reinforcement

There are different tests that are performed to better understand the overall quality and whether the product delivered is in the appropriate state or not. The required test to see whether the quality parameters are in the appropriate state or not are:

Check for mass per meter run

To test the same, it’s important to have at least 4 bars and then check whether the values are according to the required state or not.

Bend and rebend test

Bend and rebend tests help to check the overall quality and state of the bar are appropriate.

Steel News Steel Supplier

Steel demand has seen an increase of 10% in the year 2022

Post date October 29, 2022

Steel demand is increasing in India!

Many years back, no one would have thought that there would be a point when steel demand would see a whop[ping increase of 10% in India. The stats have shown that the year 2022 marks an unexpected increase for steel across different places. Steel is the primary source for various places like railways, ports, roads, airports, and much more. And that’s the reason individuals look for the top-rated and acclaimed Steel distributor Company in Ludhiana to satisfy all their business demands to the fullest. By all the right means, it allows to have the right support for revenue and ensures the steel markers are in the most appropriate situation. Additionally, it’s the appropriate surge in raw material costs to make everything more accountable and offer the benefits at the right margin with the right earnings.

Regional demand and economic price

Most importantly, it’s the regional demand and the right price for everything that makes it even better to seek the necessary service well on time. So, whether you are in search of 1.2714 Steel Suppliers or any other premium quality steel, the top-rated team can serve the appropriate choice well on demand to make everything more functional & better.

Upswing in the raw material cost with the right margin

The input costs come as the choice with the upswing owning to make everything much more functional and fully satisfy all the demands of the customers. No doubt, there’s no hidden phenomenon for steel prices under any state. Considering the coking coal and iron ore is an exceptional consideration for the overall functionality of the steel to be at a high level. Keeping everything on the right level and ensuring there are no such conflicts in the supply would make things much better and appropriate in all senses.

High-sufficient material

In all, it’s the highly-sufficient material with the higher overall efficiency, and steel makers would make it appropriate and get positioned to the fullest. The operators seek the results that are appropriate & would ensure to satisfy all the demands of the customers. So, seek the assistance of someone who is experienced and skilled to deliver the steel supply service with exceptional methods & on time.

Looking for a quality steel supplier?

With the increasing demand for steel in India, there’s always a hunt to find a professional supplier who offers on-time and exceptional service with the right methodology. So, if you are looking for steel, it’s essential to get in touch with the team who have years of expertise to offer the steel supply service well on time and fulfill all the necessary demands well on time.

If you are still in search of a steel supplier, then seek the service of BK Steel Company to get top-notch and premium quality steel to suit all your needs.