Generally speaking, rolled plates are easier to handle in a high temperature environment, and the heat treatment of EN 10025 S620QL1 high strength steel, rolled plates is also very common. Hot rolling can not only greatly reduce energy consumption and save costs, but also improve the processing performance of metals and alloys, that is, the coarse grains in the as-cast state are broken, the cracks are healed significantly, and the processing performance of the alloy is improved.
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.
Last week (November 7~November 13), the price of imported iron ore increased overall. The price of external disks rose rapidly, and fell slightly towards the end of last week, and the spot price of the port increased. The price increase of iron ore is more driven by the price increase in the steel market. From the perspective of iron ore fundamentals, iron ore inventories in major ports continue to rise rapidly, steel mills are generally willing to purchase, and it is difficult for prices to continue to rise.