Our 1810mm production line successfully rolled 1.2mm × 1250mm ultra-thin specifications EN10025-4 S420M steel plates high strength automotive steel, and the product quality and performance fully met the standards. In recent years, customers have become increasingly demanding for lightweight vehicles. Our company aims at the market and focuses on the development of thin-gauge high strength automotive EN10025-4 S420M steel plates steel. The research and development personnel adjusted the product composition based on theoretical calculations and drawing on other experiences to meet customers' higher requirements for automotive steel yield strength and tensile strength.
ASTM A573 Grade 70/A573 Gr.70 carbon manganese silicon steel plates are structural quality carbon steel plates just as EN10025-4 S420M steel plates. ASTM A573 steel gardes are in three tensile strength ranges intended primarily for structural applications at atmospheric temperatures for which improved toughness is required.
The company uses outsourced logistics operations. Our cooperated professional third-party logistics providers use the advantages of large-scale production and cost advantages to achieve cost savings by increasing the utilization of resources in each link, so that we can benefit from the separation of cost structure. Therefore, we can also provide customers with better, faster and more efficient cargo transportation, delivery, and lower freight costs.
In year 2015, we supplied 950 tons S355J0 angle steel to Egypt government. We have cooperation with local government for more than 3 years. Every year, they would order more than 3000 tons of EN10025-4 S420M steel plates steel from our company.
In February, the North American steel price index was 171.2 points, up 4.6 points on a month on month basis, up 2.8%; the U.S. manufacturing PMI was 50.1%, down 0.8 percentage points on a month on month basis. Among them, the production index decreased by 4.0 percentage points, and the inventory index decreased by 2.3 percentage points; at the end of February, the utilization rate of crude steel production capacity in the United States was 82.5%, 0.2 percentage points higher than that in the previous month. This month, the ex factory prices of major steel products such as EN10025-4 S420M steel plates in the Midwest steel works of the United States rebounded. Except for the steel prices remained stable, the prices of other steel products rose.
Our company stocks a wide range of hot rolled carbon steel plate distributed globally from our service centers in the U.S., Canada, Mexico, U.K, France, Shanghai, and Singapore. Customers calling for EN10025-4 S420M steel plates A516 a lot of times are also trying to get their arms around forecast issues. As our customers continue to work on their forecasts, IRON & Steel has options to help you conduct structured forecast reviews and put inventory strategies in place to effectively manage any impact from forecast variability.
Our company has a comfortable office environment, covers a large area, can accommodate hundreds of people working at the same time. All kinds of green plants are placed in the company, with a healthy office environment. Our company also has gym, table tennis, leisure bar, kitchen, refrigerator, microwave oven and other equipment. Humanized construction provides comfortable office environment for employees.