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 A572 grade 65 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.
Application range of NM400 wear plate, A572 grade 65 high strength steel:1) NM400 wear-resistant plate is used for thermal power equipment: coal mill lining, coal hopper, coal distribution pipe, coal distribution grid, coal unloading equipment lining.2) NM400 wear-resistant plate is used for shot blasting machinery and equipment: shot blasting machine liner.2) NM400 wear-resistant plate is dedicated for excavator claws, and various wear-resistant tools.
Land transportation inquiry: (RMB fee) it is required to master the kilometers and towing price of major cities; packing price of each port area; customs clearance fee, commodity inspection fee, and animal and plant inspection fee standard. Key information to be clarified after accepting the consignation of the consignor (generally fax): shipping date, number of packages, box type, box quantity, gross weight and volume.
We supply 5800 tons A53 Gr B ERW pipes to Qatar for Qatar Integrated Railway Project - Green Line. This is the first Metro Line in Qatar, and it is located in Doha. We got the order by tender, launched by the Qatar Railways Company for designing, construction and completion of Green Line Project. Before putting order, a delegation from the A572 grade 65 high strength steel project side visited us and several other famous steel pipe mills in China for 15 days. Finally, we were chosen and finished the task exceeding their expectations.
As of early November, China's pig iron output was 24.662 million tons. Although the output of pig iron has declined due to the suspension of production during the heating season, the rate of decline has been slow, still at a high level of over 24.5 million tons. This is 13.5% higher than the same period last year, which makes coke demand good, and the six rounds of increase have landed smoothly. Some areas such as Shandong even appear out of stock.
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