Cleveland cliffs announced on March 13 that it had completed the acquisition of AK A514 grade E high strength steel plate steel, foreign media reported In the transaction of holding), shareholders of Cleveland cliffs and AK steel respectively voted on the US billion acquisition agreement at their respective shareholders' meeting to complete the resolutions required for the announcement of acquisition of AK steel A514 grade E high strength steel plate at the beginning of the year. The acquisition is Cleveland cliffs' first foray into steel manufacturing.
C45 steel heat treatment: Quenching has low hardenability, and it is easy to cause uneven hardness of the drill rod during heat treatment, resulting in deformation or even cracking. The hardness after quenching is about 42 degrees, which is much lower than the 55 degrees of 42CrMo brazing rod. Therefore, the wear resistance is extremely poor. Due to its low price, the A514 grade E high strength steel plate materials are produced in many places. Therefore, some manufacturers choose when manufacturing low-cost drill rods.
The main competitive means adopted by major domestic ports are to expand ports, build deep-water berths and channels, improve service quality to reduce the comprehensive cost of customers, and at the same time, to improve competitive advantage, we should also take appropriate measures to reduce relevant costs and prices.
BBN steel had provided Grind plates for more than 15 years for widely applied in equipment, Engineer machinery etc. In 2018, one of our India customer visit our A514 grade E high strength steel plate office and work shop to discuss Q235B Grind plate technical request, they have strict surface and thickness tolerance, and they also request UT and MT for testing. As a result, they purchase A514 grade E high strength steel plate 179 tons as trial order for first cooperation. And have good comment on our quality. Till now, we keep exporting around 100 tons per month as regularly.
Steel prices in Europe are under downward pressure due to temporary shutdowns by auto makers in most of Europe and the disruption of trade flows due to reduced trade activity in the construction and other steel industries. Despite the import safeguard measures adopted in Europe, some key steel prices have reached a three-year low in 2019. At that time, the European market was oversupplied. Despite the import safeguard plan, the imports to the European Union remained at a historical high, and now the A514 grade E high strength steel plate and so on steel price is even close to the level of 2009.
Our company stocks a wide range of hot rolled carbon steel plate distributed globally from our service centers in the U.S., Canada, Mexico, U.K, France, Shanghai, and Singapore. Customers calling for A514 grade E high strength steel plate A516 a lot of times are also trying to get their arms around forecast issues. As our customers continue to work on their forecasts, IRON & Steel has options to help you conduct structured forecast reviews and put inventory strategies in place to effectively manage any impact from forecast variability.
Since its inception, the company has always adhered to the development policy of "survival with quality, development with products, cooperation with credibility, and service with customers". I would like to express my heartfelt thanks to the old and new friends and customers who have always given care, support and help to the company! And sincerely hope to establish a long-term cooperative relationship with them, mutual benefit and common development.
