According to South Korea newsis reported on March 12, Korea iron and steel association statistics show that in February, South Korea's domestic ASTM A572 ms steel coil steel exports to 2.44 million tons, down 2.4 percent year on year, after January down 3 percent, the second consecutive month of decline. In the past three years, South Korea's steel exports have decreased year by year, from 31.67 million tons in 2017 to 30.44 million tons in 2018 and 30.38 million tons in 2019. Instead, South Korea's ASTM A572 ms steel coil steel imports increased last year. As China's economy slows and steel prices fall, Chinese steel is pouring into South Korea, analysts say.
SM490B plate is a kind of structural steel produced according to Japanese Standard JIS G3106. Min. tensile strength of SM490B plate is 490MPa. SM490B plate is mainly used in buildings, bridges, ships, rail vehicles, oil tanks, containers and other buildings requiring high-level weldability. The delivery state is hot rolling for SM490B plate, ASTM A572 ms steel coil with thickness less than 80mm; and the delivery state is normalizing for SM490B steel plate with thickness more than 80mm.
Due to the surge in business volume in recent years. In addition to coordinating our own truck fleet, our logistics department has continuously developed high-quality logistics companies and signed long-term cooperation agreements. While enjoying the professional and fast service of logistics companies, we have significantly reduced transportation costs. That not only ensure our customers receive the goods at the same time, but also help them reduce shipping costs.
The Philiphine customer is our old customer, and they are engaged in offshore oilfield resources drilling projects. Thus they have regular steel demands. They ordered 1008 tons API 5L grade B ERW pipes and Q345B seamless pipes from us in April 2018. And told us that is a regular demand almost every two month. Since our first success cooperation, we have cooperated with each other regularly. And they also bring us new opportunities and signification in Philippians market.
The Metals Industry Organization last week discussed two things on the Article 232 of the U.S. Trade Expansion Act of 1962 “25% and 10% tariffs on imported ASTM A572 ms steel coil, steel and aluminum products, respectively”implemented in March 2018, and CBP - US Customs and Border Protection Administrative Office considered to delay the payment of import tariffs.
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The cultural construction must let the enterprise staff participate in the enterprise culture, in order to better carry on the effective dissemination enterprise idea, the sharing value system, such as the internal communication, the newspaper, the forum, the propaganda, the news announcement and so on. At the same time, the system can also be used to educate and train employees, send blessings to employees on their birthdays or during Chinese New Year holidays, so that employees can feel the practice of corporate culture, the warmth of the enterprise, and enhance the sense of belonging and recognition of the enterprise.
