Hongkong EN10025-4 steel plate Prices Forecast

According to the separate performance report released by India's Jindal stainless steel (Sisal) Co., Ltd. (JSHL), as of March 31, 2020, due to the global economic slowdown, epidemic situation, imports and other factors, its EN10025-4 steel plate stainless steel sales decreased by about 10% to 600000 tons from 667000 tons in the previous fiscal year, and its net sales decreased by nearly 7% to 83.396.9 billion rupees, with the same gross operating profit (EBITDA) After tax profit increased by 22.4% to 3.203 billion rupees. The adoption of the new tax system has a positive impact of RS 220 million on after tax profits.

Medium thick plate refers to the steel plate with a thickness of 4.5-25.0mm. Those with a thickness of 25.0-100.0mm are called thick plates, and those with a thickness of more than 100.0mm are extra thick plates. Medium thick plate EN10025-4 steel plate is a kind of flat steel with large width thickness ratio and surface area. The main materials of medium thick plate are Q235, Q345, S355JR, etc. The company not only provides raw steel materials, but also provides cutting and so on processing services for medium and thick plates, extra thick plates and wide and thick plates.

The company's logistics uses third-party logistics. This logistics model plays an important role in improving the efficiency of our business operations. Third-party logistics is an important form of logistics specialization. As a company specializing in logistics, third-party logistics companies have a wealth of experts who specialize in logistics operations, which is conducive to ensuring the professional production of the company, reducing costs, and improving logistics level of the company. Both the customers and the company benefit from the logystics mode.

BBN steel had provided Grind plates for more than 15 years for widely applied in equipment, Engineer machinery etc. In 2018, one of our India customer visit our EN10025-4 steel plate office and work shop to discuss Q235B Grind plate technical request, they have strict surface and thickness tolerance, and they also request UT and MT for testing. As a result, they purchase EN10025-4 steel plate 179 tons as trial order for first cooperation. And have good comment on our quality. Till now, we keep exporting around 100 tons per month as regularly.

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.

As leading EN10025-6 S460QL structural steel plates supplier in China, our company has supplied hundreds of thousands tons S460QL steel plates to clients to assist them finish one after another EN10025-4 steel plate magnificent projects.

The cultural construction must let the enterprise staff participate in the enterprise culture, in order to better carry on the effective dissemination enterprise idea, the sharing value system, such as the internal communication, the newspaper, the forum, the propaganda, the news announcement and so on. At the same time, the system can also be used to educate and train employees, send blessings to employees on their birthdays or during Chinese New Year holidays, so that employees can feel the practice of corporate culture, the warmth of the enterprise, and enhance the sense of belonging and recognition of the enterprise.