Steel A572 grade 42 high strength steel exports fell sharply year on year. According to the data of the General Administration of customs, 7.811 million tons of steel were exported from January to February, a year-on-year decrease of 27.0%; 2.041 million tons of imported steel, a year-on-year increase of 2.1%. Steel prices continue to fall. According to the monitoring of China Iron and Steel Industry Association, China's steel A572 grade 42 high strength steel composite price index at the end of January was 105.48 points, down 0.58% month on month; at the end of February, the index continued to decline to 100.39 points, down 4.83% month on month.
Our quality control department will do inspection for details of the steel materials A572 grade 42 high strength steel before delivery. We would invite the customer side to attend the inspection together. If they can not come, we will also take rich pictures for them to check. Meanwhile, we will publish inspection report and send them the PDF version. Besides, we accept any third party inspection such as SGS, BV, etc. And our quality control department will support the third party to inspect the steel materials smoothly and try our best to deliver the qualified steel materials to customers earlier.
With the fast development in Myanmar, Myanmar navy build frigate every year. Bebon Cooperate with Myanmar Navy from from 2015. They purchased 412 ton A572 grade 42 high strength steel LR AH36 steel plate from Bebon as trial order in 2015. After receiving the goods, they speak highly of the quality and bebon's service. After that they purchase the shipbuilding steel plate from bebon regularly. In May,2018, the Myanmar navy's local representative visit our office and production line, and sign another contract 2025 tons A572 grade 42 high strength steel LR A shipbuilding steel plates order in our office.
BBN Group's first blast furnace blast dehumidification system: The project started construction on May 2 and began trial operation on August 28. All data are balanced and stable, blast furnace output indicators have improved significantly, and the daily dehydration capacity of the two blast furnaces is as high as 124 tons, with a daily increase of about 200 tons A572 grade 42 high strength steel, and the blast furnace is running smoothly.
Compared with carbon steel, low alloy steel has many advantages, such as high strength, good plasticity and toughness, good weldability, good cold and hot pressure processing performance, better corrosion resistance, etc. Due to the increase of A572 grade 42 high strength steel metal composition, the yield point of low alloy steel structure is higher than that of ordinary carbon steel, so it is light and suitable for structural parts application. The low alloy steel is one of our main products.
The company always insists on quality first. "Tolerance and trust, change and innovation, abide by rules, and focus on refining people" are the eternal credo of the team. Encouraged by the same creed and belief, BEBON people continue to grow and mature, and the team size is increasing expand. In the future, look beyond Chinese private steel companies to see BEBON. Looking to the future, we are not blindly pursuing bigger scale, but we are pursuing strength and brand strength.