about

ABOUT US

Zhejiang Suoxin Industry and Trade Co., Ltd. was established in 1985 and it is the former Yalu No. 1 Foundry founded in 1985. With over 37 years of experience, Suoxin is well-known as specialized manufacturer for cast iron gas cookwares, and has become one of the biggest Chinese exporter in the industry.

1985

Established In

300

Company Staff

WHO IS SUOXIN?

Suoxin has made enormous efforts in investing in product development and innovation, and pursuing perfect production technique. Since 1988, when the first cast iron burner was developed by us in China, we has been keeping the corporate spirit of "Innovation Driven and People Oriented”, and constantly leading trend for Chinese kitchen appliance industry in product development and production technique at world class level.

At now, our company not only manufactures cast iron burners but also pan supports, and various cast iron cookwares. Our products are sold both in Chinese domestic market and overseas.

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Provide production equipment and introduce advanced management experience

Continuously improve the brand strength of Fengli machinery

20000 ㎡

Area covered

Purchase and use of household gas cookers

Domestic gas stove is an indispensable product in people's daily life. Here are some simple purchase and basic usage knowledge of domestic gas stove. 1、 Selection and purchase of household gas stoves: First of all, consumers must know what kind of gas they live in.

2022-11-07

Special Topics of Gas Cooker Products

Although there was a sales growth peak of induction cooker in 2004, due to functional limitations, it did not have a great impact on the sales of gas cookers. Judging from relevant data, the development of gas cooker industry in 2004 was still flat, and the total capacity of the whole cooker market was about 13.5 million units, an increase of about 9% over 2004. But its composition has changed a lot

2022-11-07

Baosteel determines the initial price of global iron ore negotiation on behalf of China for the first time

Baosteel Group announced on the evening of the 21st that Baosteel and Vale, the world's largest iron ore producer, had reached an agreement on the international benchmark price of iron ore in 2007, with the price of fine ore rising by 9.5%. This is the first time that Chinese steel mills have obtained the first pricing right in the process of fully participating in the global iron ore price negotiation for four consecutive years. According to the negotiation results released by Baosteel Group, the prices of fine ores produced in the north and south of Vale will increase by 9.5% on the basis of 2006 prices. The benchmark prices of Karajas fine ore and standard fine ore in the new year are US $0.7320 per dry ton and US $0.7211 per dry ton, respectively. After the negotiations, Baosteel personnel said that China has become the world's largest consumer of iron ore in recent years. The price agreement between Baosteel and Vale is the first time that Baosteel, on behalf of Chinese steel manufacturers, has reached an annual benchmark price with iron ore giants in the world. Baosteel has previously participated in the global iron ore price negotiations on behalf of Chinese steel mills for three consecutive years, and has never obtained the right to make the first offer. In 2005, Nippon Steel Corporation of Japan and Vale of Brazil reached the first benchmark price, and Chinese steel mills were forced to follow. In 2006, Baosteel's negotiating position was significantly improved. Most of the time, the main negotiating position was on the side of Chinese steel mills. However, in the end, German ThyssenKrupp and Vale reached an initial offer, and Chinese steel mills had to follow suit. This time, Baosteel won the first pricing right in one month or so after the start of the global iron ore negotiation in the new year. Market analysts here believe that this shows that China's negotiating position has been further improved, and also reflects the ability of Chinese steel mills in global price negotiations. Market insiders believe that the 9.5% increase in the benchmark price of this IPO is basically in line with the current supply and demand of the international iron ore market. As the main inflow of international iron ore seaborne trade, China's demand for iron ore is still growing, but the growth rate has shown obvious signs of stabilizing and slowing down. The investment in fixed assets excluding mines in China's steel industry has shown a negative growth this year, and the steel consumption intensity in the domestic market has also declined. The global iron ore price has risen by 71.5% and 19% respectively in the past two years. This time, the benchmark price increase of Chinese steel mills "talked down" fell back to 9.5%. Analysts said that this basically reflects the "trend curve" of the iron ore market, and is also a balance between the interests of both the supply and demand sides.

2022-11-07