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 low alloy 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.
Welded steel pipe refers to the steel pipe with a joint on the surface which is welded after the steel strip or steel plate is bent and deformed into circular, square and other expected shapes. According to different welding methods, it can be divided into arc welded pipe, high frequency or low frequency resistance welded pipe, gas welded pipe, furnace welded pipe, Bondi pipe, A709 Gr 50 low alloy steel sheet, etc. According to the weld shape, it can be divided into straight welded pipe and spiral welded pipe. Electric welded steel pipes are mainly used in oil drilling and production, machinery manufacturing, etc.; furnace welded pipes can be used as water gas pipes, large-diameter straight seam welded pipes for high-pressure oil-gas transmission, etc.; spiral welded pipes are used for oil-gas transmission, pipe piles, piers, etc. Welded steel pipe has lower cost and higher production efficiency than seamless steel pipe.
The company's logistics team adheres to the development concept of “gathering advantages, providing superior services, creating value, and leading the market”, and tightly focuses on the strategic positioning of “developing large-scale steel logistics and building large-scale steel supermarkets”. Facing the whole country and integrating into the world to build an "one center, one network" international circulation system. Through the development of 5-10 years, it is expected to form a modern steel industry with annual operating income exceeding 2.5 billion yuan.
In January 2019, one of our Vietnam customer purchased 395.62 tons Q345B steel plate A709 Gr 50 low alloy steel sheet for their construction project, we prepared all the goods ready within 5 days, and supplied the goods with painting sand blasting to SA2.5 A709 Gr 50 low alloy steel sheet and priming gray oxide primer, and arrange shipment in time. Meet the customer urgent delivery request.
In terms of ship steel, according to industry experts, steel is mainly used in the construction of ship hulls, cargo holds, piping systems (including pumps and valves) and part of ship decoration. In addition to being used to build conventional ships, steel also plays an important role in the construction of various special ships such as LNG (liquefied natural gas) ships, large oil tankers, large container ships, and chemical tankers.
The company specializes in hot rolled plates producing, steel plate processing, steel plates cutting, carbon steel plate weldding and exporting of wide and thick steel plates. BBN company has high-quality CNC A709 Gr 50 low alloy steel sheet steel plate cutting processing equipment, professional technical personnel, and supporting marketing and after-sales service system. Sincerely welcome new and old customers to visit our company, BBBN company will always be your reliable choice.
Integrity, cooperation and innovation, positive and competitive, healthy and abundant are the company's core values. The company A709 Gr 50 low alloy steel sheet always adhere to the "people-oriented", pay attention to improve the production skills and cultural quality of employees, by cultivating employees to carry forward excellent cultural traditions, set up the correct values, ethics and codes of conduct to improve employees' loyalty and work enthusiasm.
