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 A709 bridge steel plate 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.
ASTM A709 bridge steel plate, Manganese steel plate is a low alloy high strength steel plate with good weldability. Manganese steel plate is the main material of general pressure vessel. Manganese steel plate is mainly used to make engineering structural parts, roof beam of workshop and tower crane tower body. Manganese steel plate has high rupture strength and creep strength at high temperature and good impact toughness at low temperature. High strength steel is a kind of wear-resistant steel for heavy industry. Its application fields include quarrying, mining, mining, coal industry, casting and steel industry, etc.
"Efficiency is benefit, time is money", the company is equipped with a high standard logistics team. After the products pass the factory inspection, they will coordinate the shipment as soon as possible according to customer requirements and schedules to hand over the booked steel materials to customers at the first time, to ensure no delay of customer's project progress, to strive for more project preparation time for customers.
In October, 2018, our Malaysia customer purchased 600 Tons CCS-AH36 Ship Building Steel Plates to use in their shipbuilding project .This customer is a famous shipyard in Malaysia. Their company has the business scope of tourism, ASTM A709 bridge steel plate shipbuilding, transportation and so on. As a terminal manufacturer, they have strict requirements on quality . After visiting our factory, the customer are very satisfied with the quality of this batch of ASTM A709 bridge steel plate CCS-AH36 Ship Building Steel Plates.
Today, the price of plate in major markets across the country rose and fell. As of now, the average price of 20mm plate ASTM A709 bridge steel plate is 4033 yuan/ton, which is the same as the previous trading day. In the Kunming market, a small amount of steel plant resources have recently arrived. As of today, according to incomplete statistics, the total amount of social warehouses is about 19,200 tons, a decrease of 25 thousand tons from last week.
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The ASTM A709 bridge steel plate company has established the corporate values of being proud of innovation and winning, and successfully realized the management of corporate culture. In BBN, leaders are not controllers and supervisors, but earnest ASTM A709 bridge steel plate teachers, coaches and enthusiastic friends, so that employees can have more democracy, more autonomy, independence and creativity, and the belief of winning.
