Will EN S355ML steel plates peel after rusting

The largest crane in the world, the SGC-250, uses the power of EN S355ML steel plates, high-strength steel to deliver unprecedented lifting capacity. Designed and built by Belgium-based heavy lifting powerhouse Sarens, it is called the SGC-250 – or, to use its nickname, 'Big Carl'. The ring-based crane, the first of Sarens' third generation of ring cranes, is now being put to work in its first project at the Hinkley Point C nuclear power plant in the UK. This crane is capable of lifting the weight of eight planes, or 563 elephants.

The steel plate and strip after hot rolling treatment are generally called hot rolled plate. Compared with other steel plate processing industries, EN S355ML steel plates, hot rolled plate has these characteristics. First, low hardness, easy processing. Compared with other steel needs special mechanical equipment, hot rolled plate is a very convenient for processing. Second, good ductility, not easy to break, good compression capacity, long service life. Third, the manufacturing process is simple, and the price and cost are relatively cheap compared with other steels.

Hyundai Steel Co. has no plans to cut production further despite weak steel demand due to the coronavirus pandemic, the company's president said. Earlier this year, South Korea's second largest steelmaker reduced its EN S355ML steel plates annual production of hot rolled coils from 1 million tons previously to 700 thousand tons per year for EAFs. A turnaround is expected after the third quarter of this year.

Due to the low level of futures trading, the business sentiment is slightly pessimistic. Affected by the market downturn, the purchasing power of downstream EN S355ML steel plates users has decreased, and the mentality of looking down is gradually rising. Some businesses give up profits to promote transaction. The market trading atmosphere is still relatively light, the steel demand release is slow, and the terminal delivery capacity is weak. In addition, the market has been rising for two days, the downstream fear of heights is strong. The market has entered consolidation stage again. Considering the low inventory pressure, it is expected that EN S355ML steel plates prices will fall down and adjust in some cases tomorrow.