Pakistan's iron and steel industry has suspended A709 grade 50 carbon steel plate production and operation since the outbreak, the dawn reported on April 8. Last month, Prime Minister Imran announced a rescue package for the steel industry. Recently, Pakistan's steel industry called for the resumption of production as soon as possible. The Secretary General of the association of large A709 grade 50 carbon steel plate steel producers in Pakistan said that steel is the pillar of Pakistan's construction industry, and Pakistan's economy cannot bear the consequences of the long-term closure of the steel industry. Any delay in the resumption of production will lead to the failure of the government's plan to revitalize the construction industry, which will have a negative impact on Pakistan's economy. It is hoped that the government will immediately resume A709 grade 50 carbon steel plate production in the steel industry, especially those that are able to provide shelter for workers.
Structural steel for bridges is mainly used to make riveted and bolted welded bridge steel structures such as highway bridges, railway bridges, sea-crossing bridges, overpasses, viaducts, and large mechanical bridge cranes. A709 grade 50 carbon steel plate, E grade bridge steel is suitable for low temperature and severe cold environment or bridge structural parts that are subjected to dynamic loads and the stress conditions of components are very complex and harsh.
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The Alacero (Latin American Iron and Steel Association) predicts that the A709 grade 50 carbon steel plate and so on steel consumption in Latin America will reach 66 million tons in 2020, a year-on-year increase of 2.8%. The forecast is influenced by Brazil, the major economy in the region. With the implementation of economic reform measures, the outlook for the Brazilian economy is positive. Our steel business has been occupying a large share in the Latin American market, keeps an increasing trend in recent years, and has won the trust of customers in local. This year we must seize the opportunity to make greater contributions to the local development.
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