One person familiar with the situation said Germany's ailing ThyssenKrupp Group was in talks with its international counterparts to merge its loss making A709 grade 50S bridge steel plate steel business. The talks will be announced Monday as part of a strategic reform that could include closing or selling assets. Previously, ThyssenKrupp steel Europe, Germany's largest steelmaker, announced a loss in the first half of the group three point seven two 100 million euros four point zero two Billion US dollars). ThyssenKrupp has continued to advocate the benefits of A709 grade 50S bridge steel plate steel integration since it abandoned its joint venture with Tata Steel a year ago to sell its precious elevator division.
Steel materials A709 grade 50S bridge steel plate can be classified not only by chemical composition, main quality grade, main performance or use characteristics, but also by habit into carbon steel and alloy steel. Carbon structural steel is easy to smelt, has good processability, low price and large output, and can meet the requirements of common parts of general engineering structure in performance. Carbon structural steel A709 grade 50S bridge steel plate is usually rolled into steel plates and various sections, which are used for mechanical parts such as factory buildings and bridges.
Tianjin warehouse mainly stores steel plates and steel pipes. The monthly replenishment is about 12000 tons. Our inventory cycle is short and flexible. Shanghai warehouse mainly stores A709 grade 50S bridge steel plate ,steel plate and section steel. The average monthly purchase volume is about 15000 tons. The geographical location of the warehouse has greatly improved our performance in terms of transportation and delivery time.
We have lots of successful cases, for example in July 2015, we exported 5714 tons ASTM A36 mild steel plate to Peru. After receiving the plates and putting then into use, our customer spoke highly of the ASTM A36 mild steel plate quality. In addition, the customer also introduced us an Venezuela customer, who bought 933 tons A36 steel A709 grade 50S bridge steel plate plate from us. And then in Mar. 2016, due to the first cooperation in July 2015 is very successful. The customer is very satisfied with our product quality and comprehensive service. This time, the customer place an 3989 tons order directly.
In the first quarter, A709 grade 50S bridge steel plate, crude steel output in Asia amounted to 315.15 million mt, falling by 0.3 percent, with 234.45 million mt produced by China, up 1.2 percent, 24.36 million mt produced by Japan, decreasing by 2.4 percent, 27.5 million mt produced by India, falling by 5.3 percent, and 16.94 million mt produced by South Korea, down by 4.8 percent - with all comparisons on year-on-year basis.
We have huge stocks for carbon steel plates, high strength low alloy steel materials, weather resistant steel sheets, wear resistant steel plates, boiler plates, pipeline steel, etc. Those stocks can be delivered within 10 days after deposit. We update A709 grade 50S bridge steel plate stock list regularly. But the stock changes quickly. It needs to check with warehouse specially when you have urgent needs. Welcome to contact us and book steel materials stocks.
The company uses online training system to let all employees use fragmented time to carry out targeted training anytime, anywhere, regardless of time and geographical restrictions. Through training to improve A709 grade 50S bridge steel plate work skills, at the same time, through training, let all improve their own quality education level, let employees work around a goal, create a career and achieve results.