We received new order from Myanmar's Navy. It is about A514 grade F alloy steel plate AH36 marine grade steel plates, which will be used to build ships. This is the third time we supplied marine grade steel materials for Myanmar's Navy. This time a new delegation team came to visit us and spoke highly about our production lines and our marine grade steel plates performance supplied A514 grade F alloy steel plate to Myanmar's Navy before. Both of us expects a pleasant cooperation.
Carbon steel mainly refers to the steel whose mechanical properties depend on the carbon content in the A514 grade F alloy steel plate steel, and generally does not add a lot of alloy elements, sometimes it is also called ordinary carbon steel. Carbon steel refers to iron carbon alloy with carbon content of WC less than 2%. In addition to carbon, carbon steel generally contains a small amount of silicon, manganese, sulfur and phosphorus. According to the content of phosphorus and sulfur, the carbon steel can be divided into ordinary carbon steel, high quality carbon A514 grade F alloy steel plate steel, high quality steel and super quality steel.
BBN company has implemented a resource strategy combining global resource procurement, domestic resource unified purchase, and joint purchase and distribution. It has maintained good relations of cooperation with more than 100 domestic and foreign steel mills, and can purchase low-quality and high-quality steel futures in all directions and through multiple channels. The company can grasp the specifications and quantities of the spot resources of major steel mills in real time, and can timely and quickly meet customer demand for steel spot resources.
The Peru customer has cooperated with us since April 2015, and then they purchased 300 tons A36 mild steel plates as trial order. Since then, they book more than 1000 tons from us every time, and about two times every year. They asked SGS test every time. Through our cooperation those years, we have built very good relationship and they entrust us to buy other related A514 grade F alloy steel plate products for them from China also. And they have introduced us good customers in Peru, among which there are also governmental projects. It is a win-win cooperation between us.
The overall intention of supporting prices in the raw material market is relatively strong, but the steel mills have a low acceptance of high prices, and some just need a small amount of goods, so the overall market game state is obvious. With the poor release of steel demand, terminal merchants tend to consume low-cost inventory in the early stage and purchase on demand to avoid the risk of large-scale hoarding. However, the cost side is weak, and some A514 grade F alloy steel plate manufacturers secretly reduce prices to promote transactions. It is expected that the A514 grade F alloy steel plate market will be stable and weak in the future.
The company will rely on its good reputation, excellent hot-rolled plates, steel pipes, steel structure products, and intimate A514 grade F alloy steel plate after-sales service to 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! The company sincerely hopes to establish a long-term cooperative relationship with them, mutual benefit and common development. Welcome to come and visit our A514 grade F alloy steel plate steel mill.
Safety production is the cornerstone of enterprise survival and development. The company established a safety management network, which achieved clear powers and responsibilities, clear responsibilities, effective management and control, and provided organizational guarantee for safe production. The company strictly complies with the "Environmental Protection Law", establishes an effective environmental protection emission control system and waste gas, waste water, waste solid recycling system, and makes great efforts to harden, lighten, green, and beautify the plant, and strive to build green steel enterprises.
