According to the economic development trend in Asia and the economic development of China, India, Japan and ASEAN, it is estimated that the steel consumption in Asia will be 1228 million tons in 2019, with a year-on-year growth of 6.6%; the A709 grade 50 high strength steel steel demand in Asia in 2020 is predicted to be 1.241 billion tons, with a year-on-year growth of 1.1%. According to the A709 grade 50 high strength steel economic development of Europe, it is estimated that the steel consumption in Europe will be 202 million tons in 2019, with a year-on-year decrease of 3.3%; the steel demand in Europe in 2020 is predicted to be 205 million tons, with a year-on-year growth of 1.5%.
HP295 is mainly used in the manufacture of liquefied gas cylinders, its A709 grade 50 high strength steel chemical composition is stable, P, S content is low, pure steel, the internal organization, fine grain. Moderate strength, good plasticity, low yield ratio, yield platform is not obvious, vertical and horizontal performance of small differences, excellent cold stamping performance.
The annual sales volume of steel product is over 300,000 tons, and the sales volume has increased year by year. The business scope covers the Southeast Asia, Eastern Europe, Middle East, Africa, North America, and South America. Client services are mainly in the petrochemical, wind power, shipbuilding, steel structure, machinery manufacturing, and construction industries. Throughout the process, we provide customers with professional personal steel customization services and one-stop solutions, professionally set a variety of futures, fast delivery, and excellent prices.
With the fast development in Myanmar, Myanmar navy build frigate every year. Bebon Cooperate with Myanmar Navy from from 2015. They purchased 412 ton A709 grade 50 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 A709 grade 50 high strength steel LR A shipbuilding steel plates order in our office.
Among them, Russia's crude steel output was 71.6 million tons, down 0.7% year on year; Ukraine's crude steel output was 20.8 million tons, down 1.2% year on year. A709 grade 50 high strength steel, Crude steel production in the Middle East was 45.3 million tons, up 19.2% year on year. The annual output of crude steel in South America is 41.2 million tons, down 8.4% year on year.
The high strength A709 grade 50 high strength steel 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 A709 grade 50 high strength steel ST52 steel, Q345B tensile strength, Q345D steel ASTM equivalent, HSLA steel price etc. , please do not hesitate to contact us and consult.
Customer concept: customer first. Guided by market changes and guided by customer needs, we design the optimal product solutions and provide the best after-sales service. Partners: to reach a balance of interests with all stakeholders, to build a harmonious coexistence and win-win cooperation.