In the first quarter of 2020, the output of EU steel pipe industry decreased by 13.3% year-on-year, but it is considered to be flexible due to its close connection with the A709 Gr 50 bridge steel plate construction industry. However, demand for large welded pipes is expected to remain weak in the oil and gas industry. In 2020, the steel consumption of steel pipe industry will account for 13% of EU A709 Gr 50 bridge steel plate steel consumption market. Uestf predicts that in 2020, the output of steel pipe industry will continue the downward trend of 2019, with a year-on-year decrease of 19.4%, and a rebound of 9.8% in 2021.
12CrMoV pressure vessel steel is a kind of pearlite heat-resistant steel, which has high structural stability and thermal strength when used for a long time at high temperature. It has low overheating sensitivity during heat treatment and no tendency of temper brittleness; A709 Gr 50 bridge steel plate steel has high plasticity and machinability during cold deformation.
Facing the new situation and facing new goals, the company revolves around the sixteen-character development policy of “prioritizing production preservation, society-oriented, market operation, and brand creation and efficiency”. Layout the country in accordance with the modern logistics model, and accelerate the establishment of a modern integrated steel enterprise integrating steel storage, transportation, processing, and distribution.
On March 17 th 2018, our Sudan customer purchased the SG295 cylinder steel coils through other country such as UAE,Turkey before they cooperate with us. After they research our regular customer in Uganda, UAE, and his friends in China, he is satisfied with our company. Our produced SG295 cylinder steel is mainly used to fabricate low temperature pressure vessels like gas cylinder. The customer is very satisfied to our A709 Gr 50 bridge steel plate quality control and professional arrangement for the SG295 steel order.
The volume of coal transferred from ports around the Bohai Sea rebounded slightly, but the overall inventory was low, and coal trading in the market showed a weak supply and demand situation. Moreover, the current state guarantees supply and underpricing signals are relatively clear, and continue to put pressure on the market. In addition, power plant inventories are running at a high level, the weather in southern my country is higher than that of the same period last year, and the terminal continues to accumulate, which has also curbed the excessive rise of coal prices to a certain extent.
The company adheres to the business philosophy of "good quality, customer first, honesty and trustworthiness", and strives to provide customers with high-quality A709 Gr 50 bridge steel plate products and excellent services. Our company's products A709 Gr 50 bridge steel plate are widely used in petroleum, chemical, power station, boiler and other industries, mainly used in reactors, heat exchangers, separators, spherical tanks, oil and gas tanks, liquefied gas tanks, nuclear energy reactor pressure shells and other equipment.
The company has always adhered to the corporate purpose of “improving benefits, creating wealth, benefiting employees, and giving back to the society”. We adhere to the corporate spirit of ""innovation, efficiency, integrity, and win-win"", attract first-class talents, strive for first-class indicators, create first-class benefits, build first-class enterprises, pursue excellence, innovative development, and efficiently serve the coordinated development of the Beijing-Tianjin-Hebei and the ""Belt and Road"" Economic development strategy.BEBON is willing to cooperate with friends from all sides for a win-win development!