In 2019, the output of pig iron in the world was 1.265 billion tons, with China accounting for 64%; the overseas output accounted for 36% (460 million tons), ranking 86.982 million tons of EU 28 countries, 74.907 million tons of Japan, 74.099 million tons of India, 73.264 million tons of CIS, and A572 grade 55 ms steel coil 47.521 million tons of South Korea. In the first quarter, the global output was 311 million tons, with a year-on-year decrease of 0.5%, with China A572 grade 55 ms steel coil increasing by 2.4%; the overseas output decreased by 5.4%, Among them, EU decreased by 9.2%, Japan increased by 1.3%, India decreased by 7.7%, CIS increased by 2.1%, and South Korea decreased by 4%.
Weathering steel is mainly used for steel structures exposed to the atmosphere for a long time, such as railways, vehicles, bridges, towers, photovoltaics, and high-speed projects. It A572 grade 55 ms steel coil is used to manufacture structural parts such as containers, railway vehicles, oil derricks, seaport buildings, oil production platforms, and containers containing hydrogen sulfide corrosive medium in chemical petroleum equipment.
The company adheres to the needs of customers, adheres to win-win integrity, and relies on scientific and technological innovation to continue to improve the level of logistics equipment technology and information technology, and enhance the logistics technology research and development and innovation capabilities. Based on market demand and innovation as the driving force for development, the company actively expands the field of logistics services, accelerates the extension of the logistics industry chain, and scientifically advances the diversification of the logistics industry.
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 A572 grade 55 ms steel coil quality control and professional arrangement for the SG295 steel order.
In terms of inventory, the recent arrival of new A572 grade 55 ms steel coil resources is relatively small. Due to the high ordering cost, the weakening of merchants' purchasing enthusiasm, and the rapid production of steel mills, resulting in the shortage of some A572 grade 55 ms steel coil specifications. On the whole, the market has a strong wait-and-see mood. The ex factory prices of steel mills are strong and some resources are in short supply. It is expected that A572 grade 55 ms steel coil prices will continue the high consolidation operation tomorrow.
Since its establishment, the company has participated in several key railway and highway projects. After years of development, the company’s A572 grade 55 ms steel coil domestic market has been exported to more than a dozen provinces and cities including Kunming, Shenzhen, Hunan, Sichuan, Shanghai, Nanjing, Heihe, Jilin, Inner Mongolia, and Xinjiang . International trade is exported to Kazakhstan, South Korea, Vietnam, South Africa and many other countries, and has been well received by customers.
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