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 S355ML meaning 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.
The carbon S355ML meaning content of the pipeline steel is required to be low, and the strength of the pipeline steel is ensured by increasing the manganese content and adding trace elements such as niobium, titanium, vanadium and molybdenum. For pipeline steel, in addition to the required strength and plasticity index, the requirement for toughness index is an outstanding feature, including the impact energy of pipeline steel plate, impact transition temperature and toughness index of welding heat affected zone and welding metal. In addition, there are requirements for strain aging, weldability, stress corrosion and other indicators.
The company's headquarters has a well-established logistics distribution system, which can quickly transport the steel materials to the port through the contracted logistics companies. Professional contracted logistics companies can significantly reduce costs and various commodity-related expenses. Meanwhile, the flexible transfer ensures that the S355ML meaning steel materials can be shipped immediately after passing the quality inspection.
In April 2018, our Philiphine customer purchased 1008 Tons API5 L Gr.B ERW&Q345B SMLS pipe S355ML meaning for offshore oildfield 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.
Tokyo (Reuters) - Japan's crude steel production is expected to fall 25.9% in the April June quarter from a year earlier, the Ministry of economy, trade and industry said on Thursday. The Ministry of economy and industry quoted an industry survey report as saying that the demand for steel products (including export products) in April June is expected to drop 18.1% to 18.28 million tons from the same period last year. At the same time, S355ML meaning and so on steel exports in the current quarter will decline by 21.4% year-on-year.
The company is mainly engaged in S355ML meaning steel plates manufacturing and deep processing, sales and distribution. It is committed to building a complete modern steel purchase and sale network. Here we would like to express our sincere gratitude to our old and new friends who have always given care, support, affirmation and help, and sincerely hope to establish a long-term cooperative relationship with them for mutual benefit, win-win and common development, and work S355ML meaning together for a better tomorrow.
We have a stable system and professional human resource management work as the support, from the six aspects of guidance, cohesion, incentive, constraint, radiation and stability, we continue to introduce, modify and train employees from concept to action, and shape employees through constant guidance of common values.