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 ASTM A514 high strength steel 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.
Temperature has a great influence on the strength of the material, ASTM A514 high strength steel. When the temperature exceeds a certain value, the strength limit of the steel will be reduced. The higher the temperature, the lower the strength. In addition, the longer the steel is used at high temperature, the lower the strength. Therefore, if the steel works at high temperature for a long time, the instantaneous strength of the steel can not be used as its performance index, nor can the room temperature performance replace the high temperature performance.
A335 P22 steel pipe belongs to ferrite alloy steel nominal pipe for high temperature use. Chemical composition of A335 P22 steel pipe: C 0.10-0.20, Mn 0.30-0.80, P ≤ 0.025, S ≤ 0.025, Si 0.10-0.50, Mo 0.44-0.65. Mechanical properties of A335 P22 steel pipe: tensile strength 415mpa, yield strength 205 MPa. ASTM A514 high strength steel, A335 P22 steel pipe is characterized by good process performance, less sensitivity to the heating temperature of heat treatment, good welding performance, good plasticity, and low strength, especially the high temperature rupture strength is lower than 12Cr1MoV steel. When used at the same temperature and stress, its wall thickness is about 30% thicker than 12Cr1MoV Steel.
In 2019, through the concerted cooperation of the enterprise team, the sales volume has grown steadily, and the annual sales volume has exceeded 300 million yuan. For this reason, both the investors and employees of the enterprise have received satisfactory returns. With strong development potential and brand advantages, we have always been committed to "integrity, efficiency, pragmatism, dedication" corporate spirit, dedication to society, and return to the public. From this perspective, the enterprise will have a bright future. In a good environment with strong hardware facilities and excellent management personnel, we can make sure that the company will develop stronger and bigger.
