The main purpose and scope of application of the shackle: The shackle can be used for the end fittings of the rigging, and is directly connected to the object to be lifted during the lifting operation. Shackles can be used between rigging and end fittings, only for connection. When the rigging is used in conjunction with the beam, the shackle can be used to connect the rigging with the lug plate at the lower part of the beam instead of the lifting ring, which is convenient for installation and disassembly. Shackles are widely used connection tools in lifting operations, and are mainly used for connection parts that are often installed and disassembled in hoisting. D-type shackle is mainly used for single-limb rigging; B-type shackle is mainly used for multi-limb rigging. The company can design and produce other types of stainless steel products according to customer requirements. The company has a number of professional precision casting production lines, CNC machining lines, and machining centers. It also owns advanced spectral analysis quality inspection equipment to ensure material quality. High-pressure pressure test leak detection equipment, air tightness detection equipment, angle test bench, national standard tooth gauge, ring gauge and optical gauge, solid melting furnace and other equipment, technical capabilities. Fangzheng Stainless Steel Rigging sincerely invites friends from all over the world to visit and negotiate with our company, and jointly develop the world rigging, marine hardware accessories, stainless steel pipe valve parts, and auto parts market. This product is made of stainless steel 304, 316.
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Last week, domestic steel prices continued to decline, with total social inventories showing a slight reduction. As of May 3, the national steel inventory dropped by 0.89% to 2005.53 million tons. Among these, rebar stocks fell by 1.6% to 9.993 million tons, down 4.0% from the previous week; wire rod decreased by 2.3% to 2.657 million tons, down 4.2% compared to last week; hot-rolled coils rose slightly by 0.6% to 4.82 million tons, but still declined by 0.7% from the prior week; cold-rolled sheets fell by 1.5% to 1.647 million tons, down 0.6% week-on-week; and medium plates dropped by 1.2% to 1.538 million tons, declining 2.8% in the past seven days.
The short trading week contributed to a slower decline in overall steel inventories. Manufacturing companies were more affected by the holiday, leading to a slight increase in cold and hot rolled stock levels. With limited demand from end-users and the “golden three silver four†period now over, merchants’ confidence weakened significantly. Many steel mills cut factory prices at the start of the month, failing to stimulate merchant interest. There is still considerable room for price negotiation, and low-cost resources are commonly seen in the market.
Currently, the market appears weak and hollow, with most businesses adopting a shipping-based operating strategy. As a result, steel inventories are expected to continue falling this week. Despite the downward trend, steel prices are likely to see a small rebound within a narrow range, as supply remains constrained and demand shows some signs of stabilization. This suggests that while the market remains cautious, there could be short-term fluctuations in steel prices in the coming days.