According to the separate performance report released by India's Jindal stainless steel (Sisal) Co., Ltd. (JSHL), as of March 31, 2020, due to the global economic slowdown, epidemic situation, imports and other factors, its A514 Gr P high strength steel plate stainless steel sales decreased by about 10% to 600000 tons from 667000 tons in the previous fiscal year, and its net sales decreased by nearly 7% to 83.396.9 billion rupees, with the same gross operating profit (EBITDA) After tax profit increased by 22.4% to 3.203 billion rupees. The adoption of the new tax system has a positive impact of RS 220 million on after tax profits.
The European standard EN10028-2: 2003 material is used to manufacture high-temperature performance steel plates for container equipment. P355GH steel mechanical properties: Tensile strength Rm360-630MPa, yield strength ReH: 235-355MPa. European standard EN10028-2: 2003 P355GH plates product thickness reaches 8-260mm. We can also supply P235GH, P265GH,P295GH, P355GH, P355NL2, P460NH, P460NL1, A514 Gr P high strength steel plate, 16Mo3 pressure vessel plate.
Due to the surge in business volume in recent years. In addition to coordinating our own truck fleet, our logistics department has continuously developed high-quality logistics companies and signed long-term cooperation agreements. While enjoying the professional and fast service of logistics companies, we have significantly reduced transportation costs. That not only ensure our customers receive the goods at the same time, but also help them reduce shipping costs.
In 2016. Our company offer 1200 tons API 5L GR.B hot rolled coil to Bangladesh——100 tons for 3.9*625mm, and 1100 tons for 7*683mm. It is one tender project, we get the tender at the end of 2015, and arrange the production in 2016. They required the tolerance of thickness is +0.1/-0.2mm, and width tolerance is +/-0.5mm, which is a very high requirement for coil tolerance, but our mill handling this very well. and our Q/C department witness all of the process.
On the whole, on the one hand, under the support of better macroeconomic expectations and high costs, macro funds have disturbed the futures market from time to time and promoted the phased rise of A514 Gr P high strength steel plate prices. On the other hand, the current steel market's actual demand performance is average, and once A514 Gr P high strength steel plate prices rise too quickly, there will be fear of heights. In the short term, A514 Gr P high strength steel plate prices may fluctuate strongly.
Our company stocks a wide range of hot rolled carbon steel plate distributed globally from our service centers in the U.S., Canada, Mexico, U.K, France, Shanghai, and Singapore. Customers calling for A514 Gr P high strength steel plate A516 a lot of times are also trying to get their arms around forecast issues. As our customers continue to work on their forecasts, IRON & Steel has options to help you conduct structured forecast reviews and put inventory strategies in place to effectively manage any impact from forecast variability.
With the development of China's market economy, the company vigorously implements the strategy of industrialization, internationalization and diversification, promotes the group operation, intensive development and lean management, and through a rich series of products and project portfolio as well as a complete operation network, Build the company into a modern enterprise with scientific development concept, continuous innovation vitality, excellent corporate culture, strong sense of social responsibility and international first-class competitiveness.
