The Indian iron and S460ML steel plate Steel Association (ISA) lowered its steel demand forecast for 2020 to 5.1% from 5.1% in February this year. The figure is expected to hit a low of 7.7%. The company said in an official statement that the current share price has fallen sharply due to the huge downside risk. "We expect India's finished steel demand to fall to about 93.7 million tons by 2020, down from 101.5 million tons in 2019." This calendar year, the S460ML steel plate decline was 7.7%, about 8 million tons. " Isa said.
The comprehensive mechanical properties of S460ML steel plate, Q345B steel plate are good, the low temperature performance is acceptable, and the plasticity and weldability are good. Q345B steel is used for medium and low pressure containers, oil tanks, vehicles, cranes, mining machinery, power stations, bridges and other structures that bear dynamic loads, mechanical parts, building structures, general metal structural parts. Plate Q345B is the most versatile and the most used pressure special steel plate for container.
Tianjin warehouse mainly stores steel plates and steel pipes. The monthly replenishment is about 12000 tons. Our inventory cycle is short and flexible. Shanghai warehouse mainly stores S460ML steel plate ,steel plate and section steel. The average monthly purchase volume is about 15000 tons. The geographical location of the warehouse has greatly improved our performance in terms of transportation and delivery time.
In December of 2015, our regular India customer sent us an inquiry for S460ML steel plate pipe. The inquiry requires no negative tolerance in both pipes’ outer diameter and pipe wall. After two weeks’ discussion, he put the order of 275 tons to us. The pipes are finished within just one month. Our customer come to our factory to inspect the quality and tolerance, all the products are well meet his demand. The pipes are arriving to Nhava Sheva port, customer is very happy with our products and service during the process.
On March 17, the Ministry of Finance and the State Administration of Taxation jointly issued the announcement on increasing the export tax rebate rate of some products, and the relevant adjustments will be implemented from March 20. This adjustment involves 60 tariff numbers of steel products. After the adjustment, the S460ML steel plate etc. steel products with the original export tax rebate rate of 10% will be fully refunded, which is great news for both steel exporters and our customers.
We have a good inventory system because of which the alloy steel plates and structural steel sheets are supplied and delivered to our customers on time. Our alloy steel plate is significantly affordable than austenitic S460ML steel plate stainless steel which helps to reduce maintenance and full life costs – as well as improved safety over standard boilerplate. Contact us today to request a quotation or email us with your complete specification, we are happy to help you!
Company management philosophy: integrity-based, service-oriented, excellence, affinity symbiosis. Based on quality, continuously create maximum value for customers. Always have a grateful heart, thank the society, thank family and friends for their support and help to the development of the company, thank customers for their trust, thank colleagues for their cooperation, and thank competitors for their supervision.