SM490B is a structural steel produced according to Japanese standard JIS G3106, with a strength σb of 490MPa.This standard applies to bridges, ships, vehicles, petroleum storage tanks, manufacturing plants, general construction and various engineering machinery, such as drilling rigs, electric shovels, electric wheel dump trucks, mining vehicles, and excavators used in mines and various engineering constructions.
Main applications: s355j0 steel sheet it is mainly used to manufacture the products that do not require high surface quality and do not need deep drawing, such as ventilation pipes, mechanical covers, switch boxes, file cabinets, etc. It is also commonly used as billet for welded pipes and s355j0 steel sheet cold-formed steel sections.
In the first quarter of 2020, the output of EU steel pipe industry decreased by 13.3% year-on-year, but it is considered to be flexible due to its close connection with the s355j0 steel sheet construction industry. However, demand for large welded pipes is expected to remain weak in the oil and gas industry. In 2020, the steel consumption of steel pipe industry will account for 13% of EU s355j0 steel sheet steel consumption market. Uestf predicts that in 2020, the output of steel pipe industry will continue the downward trend of 2019, with a year-on-year decrease of 19.4%, and a rebound of 9.8% in 2021.
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