Cleveland cliffs announced on March 13 that it had completed the acquisition of AK ASTM A283 CS steel carbon plate steel, foreign media reported In the transaction of holding), shareholders of Cleveland cliffs and AK steel respectively voted on the US billion acquisition agreement at their respective shareholders' meeting to complete the resolutions required for the announcement of acquisition of AK steel ASTM A283 CS steel carbon plate at the beginning of the year. The acquisition is Cleveland cliffs' first foray into steel manufacturing.
ASTM A283 CS steel carbon plate surface cracks refer to the linear cracks on the surface of ASTM A283 CS steel carbon plate, which should generally be the same as the forging or rolling direction. Formation reason: it is mainly due to the hairline, hot crack and cold crack caused by surface over burning, decarburization, looseness, deformation and excessive internal stress during processing (forging, rolling, heat treatment, quenching and tempering), as well as the high content of sulfur and phosphorus impurities on the surface. Inspection method: ASTM A283 CS steel carbon plate surface cracks can be detected by naked eye observation, acid pickling, magnetic particle inspection, coloring inspection and metallographic method.
The predecessor of Ningbo port is Ningbo Port Authority. Ningbo port consists of Beilun port, Zhenhai port, Ningbo port, Daxie port and Chuanshan port. It is a multi-functional and comprehensive modern deep-water port integrating inland river port, estuary port and seaport.
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.
On the whole, on the one hand, under the support of better macroeconomic expectations and high costs, macro funds have disturbed the futures market from time to time and promoted the phased rise of ASTM A283 CS steel carbon plate prices. On the other hand, the current steel market's actual demand performance is average, and once ASTM A283 CS steel carbon plate prices rise too quickly, there will be fear of heights. In the short term, ASTM A283 CS steel carbon plate prices may fluctuate strongly.
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