The company received new orders from Peru customer for more than 900 tons of ASTM A36 steel plates A709 grade 50W carbon steel plate. These A36 steel plates will be used in the "Belt and Road" project - a mining conveyor project in Peru. This is our long-cooperated customer, who purchased thousand tons of A36 steel plates from us every year. And make our A709 grade 50W carbon steel plate A36 steel plates well known in local.
The Turkish Ministry of Trade said on March 20, 2020 that Turkey has initiated a lawsuit against EU steel import tariffs with the World Trade Organization (WTO).In February 2019, the European Union stated that the sharp increase in Turkish A709 grade 50W carbon steel plate etc. steel imports has seriously threatened steel production enterprises in member states. The EU has set import quotas for 26 steel products and imposed a 25% tariff on steel products imported in the future for a period of three years.
The mechanical properties of hot rolled steel plate are far less than that of cold working and forging, but the A709 grade 50W carbon steel plate, hot rolled steel plates have better toughness and ductility. Cold rolled steel plate has a certain degree of work hardening and toughness is low, but it can achieve a better yield ratio, and can be used for cold bending spring leaf and other parts. At the same time, because the yield point of cold rolled steel plate is close to the tensile strength, the danger is not foreseen in the use process, and accidents are prone to occur when the load exceeds the allowable load.
According to the market forecast released by Eurofer on August 5, the output of all A709 grade 50W carbon steel plate steel consumption industries in the European Union will drop by 12.8% in 2020, and rise by 8.9% in 2021. However, the European Union said that the government's "awesome strength" support will reduce the A709 grade 50W carbon steel plate steel consumption intensity in the construction industry significantly less than other industries.
