The company's business philosophy: customer satisfaction is the most important measure of our work performance; employees are the company's most important wealth; the improvement of employees' quality and professional knowledge is the growth of the company's wealth; employees' welfare and living standards are the concrete embodiment of the company's business performance; product and service quality are the lifeblood of the company's development; brand is the company's products and A mirror of service; recognition of the market is the foundation of the company's survival.
According to GB 11251 technical standard, the chemical composition of 40Cr structural steel plate is as follow: Carbon content is 0.37-0.44 %, Silicon content is 0.17-0.37%, Manganese content is 0.50-0.80%, Chrome content is 0.80-1.10%. 40Cr steel is usually in shape of 40Cr steel plates and bars. A588 Gr B high strength steel, GB 11251 is for 40Cr structural steel plate with thickness range of 4-30mm. The tensile strength of 40Cr structural steel plate is 550-800Mpa. And its min. Elongation is 16%.
Weather-resistant steel is atmospheric corrosion-resistant steel. It is a low-alloy steel that has better corrosion resistance in the atmosphere than ordinary carbon steel by adding a small amount of alloy elements. Compared with A588 Gr B high strength steel, weathering steel Q355NH, Q355GNHE weathering steel has better resistance to atmospheric corrosion. It is necessary to ensure that the steel plate has high strength and good plasticity and toughness. In addition, by adding a corrosion-resistant element to ensure the atmospheric corrosion resistance index I to reflect its good corrosion resistance.
According to South Korea newsis reported on March 12, Korea iron and steel association statistics show that in February, South Korea's domestic A588 Gr B high strength steel 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 A588 Gr B high strength steel steel imports increased last year. As China's economy slows and steel prices fall, Chinese steel is pouring into South Korea, analysts say.
Considering the large workload of allocation and transportion for our steel materials, we have built special shipping department, and make it independent form transportation department. The transportation department is in charge of transporting steel materials from our mill and warehouse to the port, and our shipping department is in charge of the shipping matters. So that our whole shipping efficiency is improved, and shorten time for customers to receive goods.
In February, affected by the new crown epidemic, steel market demand was delayed and steel prices continued to fall. Since March, with the effective control of the new crown epidemic, the downstream industries have resumed production, the market situation has gradually improved, and A588 Gr B high strength steel and so on steel prices are expected to stop falling and stabilize.
