According to the separate performance report released by India's Jindal stainless steel (Sisal) Co., Ltd. (JSHL), as of March 31, 2020, due to the global economic slowdown, epidemic situation, imports and other factors, its A572 Gr 42 CS steel carbon plate stainless steel sales decreased by about 10% to 600000 tons from 667000 tons in the previous fiscal year, and its net sales decreased by nearly 7% to 83.396.9 billion rupees, with the same gross operating profit (EBITDA) After tax profit increased by 22.4% to 3.203 billion rupees. The adoption of the new tax system has a positive impact of RS 220 million on after tax profits.
Q345 is a steel material. It is a low alloy steel (C < 0.2%), with good comprehensive properties, low temperature properties, cold stamping properties, A572 Gr 42 CS steel carbon plate welding properties and machinability. Q345 steel is subdivided into Q345A, Q345B, Q345C, Q345D and Q345E. This is the grade distinction, which represents that the impact temperature is different! Q345A, no impact; Q345B, impact at 20 degrees normal temperature; Q345C, impact at 0 degrees; Q345D, impact at - 20 degrees; Q345E, impact at - 40 degrees. At different impact temperature, the impact value is different.
As a leading international steel supplier, we have two warehouses, close to Tianjin port and Shanghai port. This superior geographical location effectively saves the domestic transportation cost and greatly improves our service level. At the same time, it also shortens our delivery time and provides more convenience for customers.
In January 2019, one of our Vietnam customer purchased 395.62 tons Q345B steel plate A572 Gr 42 CS steel carbon plate for their construction project, we prepared all the goods ready within 5 days, and supplied the goods with painting sand blasting to SA2.5 A572 Gr 42 CS steel carbon plate and priming gray oxide primer, and arrange shipment in time. Meet the customer urgent delivery request.
Judging from the data of the Brazilian automotive industry, in 2020, Brazil's steel plate demand may increase due to the pull of the automotive industry. The Brazilian Steel Dealers Association predicts that, with the support of increased output of automobiles and increased output of agricultural equipment, by 2020, the sales of Brazilian steel plate materials will increase by about 4.0%. We are leading A572 Gr 42 CS steel carbon plate, steel plates supplier in the world and have many projects in South America.
Our steel products are widely used in petroleum and natural gas, chemical industry, shipbuilding, automobile manufacturing, power generation, mining, and other industries. The products A572 Gr 42 CS steel carbon plate are sold in more than 20 provinces, cities and all over the world. The company has strong technical force, complete production equipment, advanced production technology, perfect testing methods, and high-quality products.
Continue to refine and improve the company's common core values.Corporate values are the evaluation criteria for the production and operation behavior, products, services provided, social reputation and credit of enterprises, the biggest A572 Gr 42 CS steel carbon plate goal pursued by enterprises and the criteria for judging things accordingly, and the core of corporate culture. Companies in the extraction of common value note: simplicity; Unity of coordination; A572 Gr 42 CS steel carbon plate Systemic; Respect for talents; Focus on giving back to society; Try to make a factual argument in order to gain wider acceptance.