Steel A709 grade 50W carbon steel plate exports fell sharply year on year. According to the data of the General Administration of customs, 7.811 million tons of steel were exported from January to February, a year-on-year decrease of 27.0%; 2.041 million tons of imported steel, a year-on-year increase of 2.1%. Steel prices continue to fall. According to the monitoring of China Iron and Steel Industry Association, China's steel A709 grade 50W carbon steel plate composite price index at the end of January was 105.48 points, down 0.58% month on month; at the end of February, the index continued to decline to 100.39 points, down 4.83% month on month.
Common medium thick and heavy steel plates are widely used for manufacturing various containers, furnace shells, furnace plates, bridges and automobile static steel plates, low steel alloy steel plates, bridge steel plates, general steel plates, boiler steel plates, pressure vessel steel plates, pattern steel plates, automobile girder steel plates, tractor parts and welding components. A709 grade 50W carbon steel plate, bridge steel plates are used for large railway bridges. They are required to bear dynamic load, impact, vibration, corrosion resistance, etc.
The company's logistics department has the ability to monitor the whole process of logistics. We monitor the goods in transit through advanced information technology and communication technology, timely discover and handle problems in the transportation process, and ensure the steel materials are delivered to the destination in a timely and safe manner. The professional logistics team provides powerful support for good comments of customers and good reputation of the company.
Good news: The largest steel importer in Nigeria ordered 4068 tons API 5L X52Q PSL2 3LPE seamless pipes and also ordered 8 pcs 42699.6 m³big diameter Crude oil storage doom roof tank in A537CL2 steel grade. In Sep 2019, This Nigeria client visited our company and factory, they were very satisfied with our company's quality control,production capacity and service. We also have reached a agreement for Phase II Project, It is also with another 10,000 tons APl 5L X52Q PSL2 3LPE seamless pipes.
The spot price of hot rolling steel rose on August 18, with a large overall increase. The average price of major cities in China is 3624 yuan / ton, up 95 yuan from last Friday. Shanghai 3520-3540 yuan / ton increased by 70 yuan, Tianjin 3600-3620 yuan / ton increased by 150 yuan, and Lecong 3650-3660 yuan / ton increased by 150 yuan. Central and southern China, North China and Northeast China rose by 90-150 yuan, while Western China rose by 30-60 yuan. The rise in spot A709 grade 50W carbon steel plate prices led to a significant increase in transactions across the region. Hot rolled futures remained at a high level after opening up and closed at 3440, up 75 2.23%.
The company always adheres to the quality policy of "Quality First, Continuous Improvement, Customer Satisfaction" and the business philosophy of "Continuous Progress, Pursuing Excellence", as always, we look forward to cooperating with you to create a new situation for common development.Steel products A709 grade 50W carbon steel plate price concessions, rich industry experience, complete varieties.
Enterprise vision: to become a world-class innovation base and supplier of steel materials.Enterprise spirit: innovation, truth-seeking, integrity and efficiency.Core values of the enterprise: people-oriented, morality based, value creation, win-win sharing.Employee belief: have faith, can contribute; have dream, can fight; have action, can create; have value, can be happy.Employee belief: have faith, can contribute; have dream, can fight; have action, can create; have value, can be happy.