The Indian iron and A514 grade P QT steel plate 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 A514 grade P QT steel plate decline was 7.7%, about 8 million tons. " Isa said.
A514 grade P QT steel plate, European standard high strength EN10025-6 S690QL steel plates are mainly used for manufacturing construction machinery, mining machinery, all kinds of engineering machinery, such as the drilling rig, the electric shovel, the electric wheel dump, the mine motor, the excavator, and the loader for all kinds of engineering construction., etc.
After years of operation and accumulation, the company has formed an operation network covering major economic cities across the country, with a group of high-quality professional logistics technicians and management personnel, strong strength and stable logistics channels. The company's business operations include the loading and unloading of steel raw materials and finished materials, A514 grade P QT steel plate warehousing, and freight transportation. Our logistics service business has passenger transportation, automobile and construction machinery inspection, logistics information management and operations.
The Philiphine customer is our old customer, and they are engaged in offshore oilfield resources drilling projects. Thus they have regular steel demands. They ordered 1008 tons API 5L grade B ERW pipes and Q345B seamless pipes from us in April 2018. And told us that is a regular demand almost every two month. Since our first success cooperation, we have cooperated with each other regularly. And they also bring us new opportunities and signification in Philippians market.
Brazil's crude steel output was 32.2 million tons, down 9.0% year on year. Turkey's crude steel output was 33.7 million tons, down 9.6% year on year. A514 grade P QT steel plate, Crude steel production in Africa was 17 million tons, down 2.3% year on year. Oceania's crude steel production was 6.1 million tons, down 2.9% year on year.
We are professional A514 grade P QT steel plate carbon steel plates supplier with good reputation, and have participated many significant projects that finished with carbon steel materials in the world. If you have any question about carbon steel materials, such as A36 steel modulus of elasticity, A283 grade C properties, A572 grade 50 hardness, A514 grade P QT steel plate EN 10025 S235JR equivalent Indian standard, S355JR specification, carbon steel price etc., please feel free to consult us.
Team concept: respect, communication, coordination and symbiosisBusiness philosophy: leading by strategy, driving by innovation, creating valueManagement concept: goal oriented, efficient operation, stimulation of vitality and continuous improvementQuality concept: standard guidance, control process, craftsman spirit, leading serviceTalent concept: lifelong learning, give full scope to the talents, the sea refuses no riverInnovation concept: innovation is the first driving force for the company's high-quality developmentCustomer concept: taking customers as the center is the foundation of the company's survival and development