In April 2018, our Philiphine customer purchased 1008 Tons API5L Gr.B ERW&Q345B SMLS pipe for offshore oil field resources drilling project. This is a regular demand almost two month, and we has been cooperated more than three times, totally around 2100 tons steel pipe since 2015 year.
The demand for iron ore from steel production has weakened. As China’s domestic market enters the off-season for consumption, the demand for iron ore from steel production will weaken to a certain extent. Affected by the fall and winter environmental protection production restrictions and the expected release of national scrap steel standards at the end of the year, the market outlook is expected to decline and prices will not rise Shows a volatile downward trend. Steel production declined slightly, and the demand for iron ore weakened.
As a common steel plate in the steel market, EN S355M steel plates, manganese steel plate has the following characteristics. First, good toughness, stretching and crimping can be done well. Second, the bearing strength of manganese steel plate is good and it can bear a lot of gravity. Third, the EN S355M steel plates, manganese steel plate is easy to weld, easy to process finished products, and its price is relatively low. Fourth, manganese steel plate has good corrosion resistance, and long service life. Fifth, the manganese steel plate has good mechanical properties, low temperature performance, good plasticity and weldability.