For the estimation in April and the second quarter, the estimation on March 16 is still valid, but the decrease in April is 10% higher than the neutral prediction. It is a conservative estimation based on 10% for the high probability event. In the second quarter, the output of overseas pig iron will be reduced by 11.67 million tons, affecting the demand for A514 grade Q QT steel plate iron ore of about 1.84 million tons; in the first half of the year, the output will be reduced by 18.899 million tons, affecting the demand for iron ore of 32.13 million tons.
For the selection of A514 grade Q QT steel plate, automobile steel plate products and manufacturers, we should not only check the material processing quality, but also check how the actual installation and use effect are. The comfort, bearing capacity and other indicators of the auto made of the automobile steel plates should also be considered. In addition, in choosing A514 grade Q QT steel plate, automobile steel plate manufacturers and products, it is better to find a few more companies to compare, and conclude to choose a more suitable automobile steel plate manufacturer.
Using advanced logistics management, advanced models and management experience to increase the reliability of logistics operations and provide customers with 24/7 cargo management. On the premise of reducing transportation and management costs as much as possible, we provide customers with high-quality and efficient services; good business reputation has been recognized and supported by our customers.
FANALCA (which is most big Motorcycle factory in Columbia ) ,And FANALCA is Japan Honda's only distributor in Colombia, they have visit our company in 2017 ,and they have purchase our SAPH370,SAPH440 coil 80-100 tons every month. They are very satisfied with our company's product Gallery, and give a high evaluation and affirmation to our company's professionalism and after-sales service system.
Consumption of A514 grade Q QT steel plate, finished steel products in Latin America in 2019 was 64.2 million tons, down by 5% compared to 67.6 million tons in 2018. The decline in steel consumption in the region reflects the contraction of Latin American economies, particularly the three major economies: Mexico, Argentina and Brazil. These three countries together accounted for 87% of the reduced steel consumption in Latin America. However, our steel materials export volume to those countries did not decrease but show a increasing tendency last year.
The company's products A514 grade Q QT steel plate have excellent quality, reasonable prices and strong usability, and are well received by users. Survive by quality, expand the market with integrity, continuously research and develop new products, expand varieties, to meet market demand, and make the company continue to grow. The needs and interests of users are our high philosophy of service and commitment, and customer satisfaction is our eternal pursuit.
Management concept: integrity is the cornerstone, talent is the foundation, and service is the key.Business philosophy: to keep faith, to win by quality, customer first, win-win development.Based on integrity, win customers with good reputation, win competition with excellent product quality, improve service with customer orientation, and pursue the goal of win-win development in cooperation with customers.Sincerely welcome customers to visit and negotiate business.