The Indian iron and A572 Gr 55 ms steel coil Steel Association (ISA) lowered its steel demand forecast for 2020 to 5.1% from 5.1% in February this year. The figure is expected to hit a low of 7.7%. The company said in an official statement that the current share price has fallen sharply due to the huge downside risk. "We expect India's finished steel demand to fall to about 93.7 million tons by 2020, down from 101.5 million tons in 2019." This calendar year, the A572 Gr 55 ms steel coil decline was 7.7%, about 8 million tons. " Isa said.
Flat A572 Gr 55 ms steel coil steel plate, with a small thickness of the plate. Low carbon equivalent, to adapt to automatic submerged arc welding, plasma welding and other A572 Gr 55 ms steel coil welding process requirements.
Japan is a typical shipping first, and its raw materials are imported from Oceania, central and South America and other Asian countries. Most of the A572 Gr 55 ms steel coil steel produced is exported to China and other Asian countries, and a small amount is exported to America. Shipping is the main way of its A572 Gr 55 ms steel coil steel international transportation. According to the data, steel goods account for about 20% of the total sea freight in Japan. The domestic transportation of Japanese steel is mainly truck.
In January 2019, one of our Vietnam customer purchased 395.62 tons Q345B steel plate A572 Gr 55 ms steel coil for their construction project, we prepared all the goods ready within 5 days, and supplied the goods with painting sand blasting to SA2.5 A572 Gr 55 ms steel coil and priming gray oxide primer, and arrange shipment in time. Meet the customer urgent delivery request.
Recently, the price of A572 Gr 55 ms steel coil raw materials has been strong, the mainstream steel mills have raised the price, and the cost of taking goods by A572 Gr 55 ms steel coil merchants has risen. In addition, macro capital will still have a disturbance to the market, and the current wait-and-see sentiment of downstream and middlemen is strong. On the whole, the steel market is intertwined with many spaces, and the supply and demand fundamentals are generally in a weak balance pattern. High inventory suppresses the price of A572 Gr 55 ms steel coil steel, and high cost supports the price of A572 Gr 55 ms steel coil steel, while macro capital also disturbs the market from time to time. In the short term, the market wait-and-see sentiment is strong, A572 Gr 55 ms steel coil steel prices or continue to fluctuate, the range of rise and fall are limited.
The high strength A572 Gr 55 ms steel coil low alloy steel, which is shorten as HSLA steel, is one of our main products. We have professional team to serve you. For any demands or questions about HSLA steel, for example, ASTM A572 grade 50 chemical composition, difference between S355JR and S355J2, mechanical properties of A572 Gr 55 ms steel coil ST52 steel, Q345B tensile strength, Q345D steel ASTM equivalent, HSLA steel price etc. , please do not hesitate to contact us and consult.
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