USCo, the only stainless steel plant in the Middle East, recently announced that it has completed its own technical maintenance and upgrading and has resumed production. It is reported that the annual capacity of the stainless steel cold rolling plant is 100000 tons, which will cover high-end products such as wide and narrow stainless steel plates and coils. These stainless steel products will be sent to GCC member countries and other customers around the world, mainly for decoration, pharmaceutical, household appliances and automotive industries. In addition, USCo has signed a production and sales agreement with chromiumtrade SA, a Swiss company. According to the agreement, chromiumtrade SA will obtain the management and operation rights of the plant and be responsible for selling the terminal products to customers. It is estimated that USCo's output will gradually increase to about 8000 tons / month in the next year.

Since the beginning of this year, the Commission for Discipline Inspection of stainless cold rolling plant has always been focusing on the actual production and operation, finding out the breakthrough in key links, and strengthening the implementation of efficiency supervision, which has achieved remarkable results. According to the principles of "knowing responsibility, performing responsibility" and "the same responsibility of the party and government, double responsibility for one post, joint management and dereliction of duty", since the establishment of the project proposal of "strengthening safety management and supervision, implementing safety responsibility" special safety efficiency supervision, the plant has established the safety efficiency working group and supervision group, which are responsible for the completion of key safety work of the whole plant The performance of management personnel at all levels should be monitored. In the first half of the year, the safety and efficiency supervision group successively carried out network supervision on 7 functional departments and 19 operation areas, timely issued "supervision proposal" and "supervision decision" when problems were found, and linked the performance supervision and evaluation contents with the direct responsible person, management responsible person and operation area supervisor, and included them in the performance evaluation. By strengthening the implementation of efficiency supervision, the factory has more effectively strengthened the safety production management, further standardized the safety work management procedures, and promoted the person in charge of safety production at all levels to know and fulfill their responsibilities; By strengthening the promotion of efficiency supervision, the safety awareness of employees was improved, and the implementation of safety production rules and regulations and post operation procedures were promoted. In the first half of the year, 100% safety training and 100% passing rate of safety examination were achieved, and the coverage rate of emergency drills, Wednesday activities and KYT (self-management) activities was 100% for all teams in the plant.

The U.S. Department of Commerce announced on Wednesday that it has launched an anti-dumping and countervailing investigation into stainless steel flanges imported from China and India, Reuters said Wednesday. In 2016, the U.S. imported stainless steel flanges worth about $16.3 million and $32.1 million from China and India, respectively, the Commerce Department said in a statement. The investigation was conducted at the request of two private holding companies in the United States: core pipe products Inc. of Illinois and Maass flange Corp. of Texas. The two companies allege that the dumping rate of stainless steel flange products from China is 99.23% to 257.11%, and that of Indian products is 78.49% to 145.25%. It is estimated that both products have received government subsidies, but the subsidy rate is uncertain. The U.S. International Trade Commission (ITC) will make a preliminary ruling before October 2. If the preliminary ruling finds that these products harm the interests of U.S. manufacturers, the U.S. Department of Commerce will continue to investigate.