In 2019, the output of pig iron in the world was 1.265 billion tons, with China accounting for 64%; the overseas output accounted for 36% (460 million tons), ranking 86.982 million tons of EU 28 countries, 74.907 million tons of Japan, 74.099 million tons of India, 73.264 million tons of CIS, and EN 10025 S275M steel plates 47.521 million tons of South Korea. In the first quarter, the global output was 311 million tons, with a year-on-year decrease of 0.5%, with China EN 10025 S275M steel plates increasing by 2.4%; the overseas output decreased by 5.4%, Among them, EU decreased by 9.2%, Japan increased by 1.3%, India decreased by 7.7%, CIS increased by 2.1%, and South Korea decreased by 4%.
A572-50 steel I-beam is widely used in construction and architectural applications because it can provide more strength unit weight. The low content of niobium, vanadium and other alloy elements optimize its strength and atmospheric corrosion performance. Because of its high strength of 50000 Ksi yield strength, EN 10025 S275M steel plates a572-50 steel I-section steel is more and more replacing ordinary carbon steel beams such as A36, and A36 section steel needs to be thickened to meet the strength requirements. EN 10025 S275M steel plates ASTM 572 steel I can be used in other grades, such as 42, 55 and 60.
BBN company is a modern enterprise integrating steel producing, warehousing and logistics, processing and distribution. We are committed to creating a "one-stop steel procurement service" platform. The main products are I-beam, angle steel, EN 10025 S275M steel plates , H-beam, hot-rolled coil, welded pipe, spiral pipe seamless pipe and many other steel products. Standing stocks amount to more than 30,000 tons, and complete specifications, the company gradually moves towards large-scale distribution enterprises with serialized products, standardized services and modern transportation management.
FANALCA (which is most big Motorcycle factory in Columbia ) ,And FANALCA is Japan Honda's only distributor in Colombia, they have visit our company in 2017 ,and they have purchase our SAPH370,SAPH440 coil 80-100 tons every month. They are very satisfied with our company's product Gallery, and give a high evaluation and affirmation to our company's professionalism and after-sales service system.
In October, steel production decreased month-on-month, port inventories continued to rise, iron ore demand intensity weakened slightly, and iron ore prices continued to fall. According to the monitoring of the China Iron and Steel Industry Association, at the end of October, the China Iron Ore Price Index (CIOPI) was 421.41 points, down 11.06 points month-on-month, or 2.56%. The month-on-month decline continued, with a decrease of 0.08 percentage points higher than in September.
The company is mainly engaged in EN 10025 S275M steel plates 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 EN 10025 S275M steel plates together for a better tomorrow.
We specialize in the production and sale of steel products. We have many customers from all over the world. Our products EN 10025 S275M steel plates have strict quality inspection departments, so we have absolute quality and technical advantages. Good promotion system, with advanced business philosophy, create development space, enhance the value of employees, improve the quality of life as the mission. Pursuing green procurement, energy conservation and consumption reduction.