South Korean ASTM A588 structural steel plate steel industry said that the slowdown in economic growth superimposed on the impact of the epidemic, steel demand weakened, exports were sluggish, enterprises are facing huge operating pressure. Due to the delay in the resumption of work of Chinese ASTM A588 structural steel plate steel enterprises, the steel inventory is growing rapidly. According to statistics, China's steel circulation inventory reached 23.75 million tons in February, the highest since 2006, with an estimated total inventory of 33.45 million tons.
For ASTM A588 structural steel plate, stainless steel buyers, the most troublesome issue is the fluctuating stainless steel price trend. For manufacturers who purchase in large quantities, even if the price of stainless steel fluctuates in a little, the price cost incurred after the batch is very large. So, what factors affect the trend of stainless steel prices? By analyzing these price trends, it is obvious that we can grasp the market price of stainless steel.
Japan is a typical shipping first, and its raw materials are imported from Oceania, central and South America and other Asian countries. Most of the ASTM A588 structural steel plate steel produced is exported to China and other Asian countries, and a small amount is exported to America. Shipping is the main way of its ASTM A588 structural steel plate steel international transportation. According to the data, steel goods account for about 20% of the total sea freight in Japan. The domestic transportation of Japanese steel is mainly truck.
Good news: In May 17th, 2018, the Myanmar navy's local representative visit our office and hot rolled plate production line, and sign another contract 2025 tons LR A shipbuilding steel plates ASTM A588 structural steel plate order in our office. With the fast development in Myanmar, Myanmar navy build frigate every year. Bebon cooperated with Myanmar Navy company from from 2015. They purchased 412 ton LR AH36 ship steel plate from Bebon as trial order in 2015. After receiving the goods, they speak highly of the quality and bebon's service. After that they purchase the shipbuilding steel plate from bebon regularly.
According to a statistical study, Iran has decided to produce 33 million tons of steel in its calendar year (from March 20, 2020). A study of the performance of the mining sector affiliated to the mining and mining development and transformation organization of Iran (imidro) in the first month of the year (March 20 to April 20) shows that this month produced 5.4% of the 33 million tons produced at the end of this year. In the first month of this year, relevant enterprises in the country produced about 1797927 tons of steel, including ASTM A588 structural steel plate, an increase of 1% over the same period last year. Iran has become a leading country in the field of steel production and export in the Middle East. Iran's steel industry has more than half a century of experience and is a leader in steel production and export in the Middle East.
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The company's quality is first, the price is reasonable, the construction period is guaranteed, and the purpose of abiding by the contract, our steel ASTM A588 structural steel plate products have received high recognition from customers from the world. The company adheres to the operating principles of equality and mutual benefit and abides by the contract. We sincerely welcome you to visit us, negotiate business cooperation, enhance friendship, develop and expand trade.
