How China Impacts The Global Steel Industry S460ML material

Hyundai Steel Co. has no plans to cut production further despite weak steel demand due to the coronavirus pandemic, the company's president said. Earlier this year, South Korea's second largest steelmaker reduced its S460ML material annual production of hot rolled coils from 1 million tons previously to 700 thousand tons per year for EAFs. A turnaround is expected after the third quarter of this year. In the three months to March 31, Hyundai Steel had a net loss of 88.6 billion won ( million), up from 94.4 trillion won in net profit in the same period last year.

S235JR is a European standard non alloy structural steel, equivalent to the national standard Q235B, i.e. S235JR steel is carbon structural steel with low carbon content. S235JR steel is widely used in welding, bolt connection and riveting structures. S235JR steel is mainly used in railway, bridge, all kinds of construction engineering, manufacturing all kinds of metal components bearing static load and unimportant mechanical parts and S460ML material general weldments that do not need heat treatment.

BBN company has steel plates production workshops and warehouses with a total area of more than 500,000 square meters, and the total inventory of various types of steel exceeds 1 million tons. Relying on world-leading processing equipment and storage facilities, the company has strong steel production and processing capabilities, comprehensive logistics and logistics services, ensuring that it can efficiently complete more than 1 million tons of hot rolled plates processing business each year.

In October, 2018, our Malaysia customer purchased 600 Tons CCS-AH36 Ship Building Steel Plates to use in their shipbuilding project .This customer is a famous shipyard in Malaysia. Their company has the business scope of tourism, S460ML material shipbuilding, transportation and so on. As a terminal manufacturer, they have strict requirements on quality . After visiting our factory, the customer are very satisfied with the quality of this batch of S460ML material CCS-AH36 Ship Building Steel Plates.

The black futures market is weakening. Terminal and middlemen are cautious in their inquiry and purchase, and S460ML material merchants have different shipments. However, the factory price of S460ML material keeps rising and the spot bottom is more supportive. The market mentality is still good. The high demand is limited, but the support from the raw material side is strong. It is expected that the S460ML material price will be stable tomorrow.

The company adheres to the business philosophy of "good quality, customer first, honesty and trustworthiness", and strives to provide customers with high-quality S460ML material products and excellent services. Our company's products S460ML material are widely used in petroleum, chemical, power station, boiler and other industries, mainly used in reactors, heat exchangers, separators, spherical tanks, oil and gas tanks, liquefied gas tanks, nuclear energy reactor pressure shells and other equipment.

Product concept: take the technology leading as the pillar of the enterprise, achieve the development goal of the enterprise with the reliable products, the reliable technology and the trustworthy services, and devote to the creative reform activities leading in the technical development and career of the industry to create new value through continuous change.