In April 8th, 2018, our Philiphine customer purchased 1008 Tons API 5L Gr.B ERW pipes &Q345B seamless steel pipe for offshore oildfield resources drilling project. This is a regular demand almost every two month, and we has been cooperated more than three times, totally around 2100 tons API 5L Gr.B steel pipeline since 2015 year. We can supply the relative certificated for the API 5L Gr.B ERW pipes products like SGS report, B/L &Form M, and mill test certificate.
EU-28 countries produced 38.29 million mt of A572 Gr 60 high strength steel, crude steel in the first quarter down by ten percent year on year. In the given period, Germany's output was 9.47 million mt. falling by 9.3 percent year on year. Italy's crude steel output was 5.28 million mt, down by 16.2 percent year on year, and France's crude steel output amounted to 3.73 million mt decreasing by 3.6 percent year on year.
With equipment, technology, production technology, quality supervision and other leading advantages, we are leading in the production of all kinds of high-quality, high-tech medium, extra thick, extra wide steel plate A572 Gr 60 high strength steel shaped parts. The cutting surface is smooth and clean, the cutting edge is neat, without secondary processing by users, and it can be installed and used directly according to the technical dimensions, with the characteristics of high coincidence rate of positive and negative tolerance and excellent quality. The processed steel products are mainly used in heavy machinery and equipment.
For A572 Gr 60 high strength steel buyers, the impact of the rise and fall of A572 Gr 60 high strength steel prices is great. Because of the large amount of A572 Gr 60 high strength steel purchases and the large amount of funds involved, many A572 Gr 60 high strength steel purchasers will carefully consider the price issue, and some A572 Gr 60 high strength steel purchasers who are far away will also consider the freight issue. When the price of A572 Gr 60 high strength steel overall drops, a large number of A572 Gr 60 high strength steel buyers will hoard in large quantities. When A572 Gr 60 high strength steel prices rise, we should predict and stock up appropriately.
