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 A709 Gr 50 structural steel sheet 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.
Composition characteristics of Q420 alloy steel plate: 1.Low carbon: Due to the high requirements for toughness, weldability and cold forming performance, its carbon content does not exceed 0.20%. 2. Add manganese-based alloy elements. 3. Add auxiliary elements such as niobium, titanium or vanadium, which is beneficial to obtain fine ferrite grains and improve the strength and toughness of the Q420 alloy steel, A709 Gr 50 structural steel sheet.
A514gr.F high yield strength structural quality steel chemical composition% C: 0.10-0.20, Si: 0.15-0.35, Mn: 0.60-1.00, P max.: 0.035, S max.: 0.035, Ni: 0.70-1.00, Cr: 0.40-0.65, Mo: 0.15-0.25, V: 0.03-0.08, Cu: 0.15-0.50, B: 0.001-0.005 The mechanical properties in the plate thickness (mm)T≤65 Yield strength (≥Mpa): 690 Tensile strength (Mpa):760-895 Elongation in ≥,%: 18
Since its inception, the company has always adhered to the development policy of "survival with quality, development with products, cooperation with credibility, and service with customers". I would like to express my heartfelt thanks to the old and new friends and customers who have always given care, support and help to the company! And sincerely hope to establish a long-term cooperative relationship with them, mutual benefit and common development.
