According to South Korea newsis reported on March 12, Korea iron and steel association statistics show that in February, South Korea's domestic A514 grade E structural steel material steel exports to 2.44 million tons, down 2.4 percent year on year, after January down 3 percent, the second consecutive month of decline. In the past three years, South Korea's steel exports have decreased year by year, from 31.67 million tons in 2017 to 30.44 million tons in 2018 and 30.38 million tons in 2019. Instead, South Korea's A514 grade E structural steel material steel imports increased last year. As China's economy slows and steel prices fall, Chinese steel is pouring into South Korea, analysts say.
41Cr4 (1.7035) material is an alloy structural steel grade commonly used internationally. Its tensile strength, yield strength and hardenability are all higher than that of 40# steel, but it also has certain defects that its weldability is limited and there is a tendency to form cracks. 41Cr4 steel is generally used for more important quenched and tempered parts, such as parts that work under alternating loads, medium speed and medium load parts.
Ningbo port has trade and transportation with more than 50 countries and regions, such as the United States, CIS countries, Europe, Africa, Japan and South Korea, Southeast Asia, the Middle East and Hong Kong. Ningbo port has initially formed an all-round three-dimensional collection and distribution network of expressways, railways, aviation, river sea intermodal transport, water to water transfer, etc.
We cooperated with the Peruvian government for many years. And supply them large diameter steel pipes and pipe fittings to support their Hydropower Station Projects. We do 100% UT, RT, Hydraulic test and so on tests for the A514 grade E structural steel material steel pipes. And do PT, MT and so on tests for the pipe fittings. We published "Welding Procedure Qualification report" after production. And our mill will keep the test record in the documentary department for 5 years. If meet any problems in following application, we can check the test record easily and assist to solve problems at the first time.
Today, the trend of black futures remained high, and the spot market price continued to rise. However, after the rise, the overall turnover of the market weakened compared with the previous trading day, and the transaction of low-cost resources was acceptable. In terms of steel mills, the output of steel mills continues to be high, with firm ex factory prices and relatively saturated orders. A514 grade E structural steel material traders are reluctant to sell at a low price due to the high cost of taking goods, which will support the A514 grade E structural steel material price in the short term. It is expected that A514 grade E structural steel material prices will maintain a high consolidation trend tomorrow.
The automobile steel coil and sheets are one of our main steel materials exported to the overseas. For any questions about automobile steel, for example, JIS G3113 SAPH440 A514 grade E structural steel material chemical & mechanical composition, S355MC material specification, S700MC material properties, QSTE 380 TM equivalent, please contact us freely. Our sales person and technician will give you professional answers. And welcome to consult us about automobile steel price.
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