For the estimation in April and the second quarter, the estimation on March 16 is still valid, but the decrease in April is 10% higher than the neutral prediction. It is a conservative estimation based on 10% for the high probability event. In the second quarter, the output of overseas pig iron will be reduced by 11.67 million tons, affecting the demand for S420ML equivalent iron ore of about 1.84 million tons; in the first half of the year, the output will be reduced by 18.899 million tons, affecting the demand for iron ore of 32.13 million tons.
As an experienced world class steel materials supplier and exporter, logistics and fast delivery is a crucial step to us. Our logistics department and shipping department take the responsiblity to allocate and transport steel materials from our mill and warehouse to customer port or designated destination. The cooperation of the two departemts are excellent and that powerfully support our fast delivery, and strive for shorter time for customers to receive steel materials.
Bridge steel plates are thick steel plates made of carbon steel and low-alloy steel for bridge construction. The main applications of bridge steel plates are to build railway bridges, highway bridges, and sea-crossing bridges. The bridge steel plates are required to have high strength, durability and bear the load and impact of rolling stock. Bridge steel plates have good water resistance, low thermal conductivity, flat and lubricated surface. The main grades of bridge steel plates are A709 grade 50, A588 grade B, S420ML equivalent and so on.
As a leading international steel supplier, we have two warehouses, close to Tianjin port and Shanghai port. This superior geographical location effectively saves the domestic transportation cost and greatly improves our service level. At the same time, it also shortens our delivery time and provides more convenience for customers.
S420ML equivalent, Hot-rolled steel coils are made of steel billets, which are made into strip steel by the rough rolling mill and the finishing mill after heating. The hr steel strip from the rolling mill behind the finishing rolling is cooled to a set temperature by laminar flow, and then coiled into a steel coil by the coiler. The cooled steel coil will undergo different processes according to the different needs of users, and is processed into steel plates, flat coils and slit steel strip products.
For ASTM A573 Grade 70/A573 Gr.70 carbon manganese silicon steel plates, our company would issue the original mill test certificate S420ML equivalent EN 10204 3.1 for clients when arrange delivery, so that clients can trace the A573 Gr.70 plates origin easily.
The company has a professional after-sales service team and good after-sales service reputation, providing full and uninterrupted after-sales service, to ensure timely and rapid solution to customer problems. The company is recognized as a 5-star brand of market quality cost performance and customer satisfaction by Market Research Center, and rated as "AAA credit enterprise of enterprise credit evaluation", and also a leading steel producer and service provider in the world.