Forecast of EN S355M steel plate industry market

On October 16, 2019, the Board of Directors of the World Steel Association (worldsteel) elected the following new officers for 2019/2020 at the worldsteel General Assembly in Monterrey. The new EN S355M steel plate officers are elected for a one-year period: Chairman - YU Yong, Chairman, HBIS Group Co., Ltd. Vice Chairman - Sajjan JINDAL, Chairman and Managing Director, JSW Steel Limited.

Due to the excellent corrosion resistant properties, SA387 GRADE 91 Class 1 sheet is also an option for use in sour service environments. The material has good weldability and with its heat resistant qualities, the material is a highly versatile steel which can be used in numerous applications. Mechanical properties of SA387 GRADE 91 Class 1 Tensile strength, ksi [MPA]:85 to 110 [585 to 760]Yield strength, min, ksi [MPa]/(0.2% offset):60 [415]Elongation in 2 in. [50mm], min, %:18

The main competitive means adopted by major domestic ports are to expand ports, build deep-water berths and channels, improve service quality to reduce the comprehensive cost of customers, and at the same time, to improve competitive advantage, we should also take appropriate measures to reduce relevant costs and prices.

FANALCA is the biggest motorcycle factory in Columbia. Meanwhile, it is the only distributor in Colombia for Japanese Honda. We began to cooperate with each other since 2017. We supply SAPH370, SAPH440 and so on automobile steel coils to them. As our products quality is proved to be satisfied during their production, they have been one of our stable customers, and give repeat orders about automobile steel every year.

Stimulated by the positive macro news, today's EN S355M steel plate futures trend fluctuated upwards, driving up spot prices. On the whole, the cost side is high, the inventory pressure is not great, and EN S355M steel plate traders are cautiously optimistic. Although the short-term demand continuity still needs to be considered, the overall price bottom is supported. It is expected that the EN S355M steel plate price may fluctuate at a high level tomorrow.

Our company has strict quality control standards. If you want to visit our factory, you are welcome at any time! We produce a lot of steel products every month to export EN S355M steel plate to all over the world. Because our customers are from all countries, they will order a large number of steel products from our company every month.

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.