We have new significant A572 grade 65 high strength steel projects in Nigeria. It is about crude oil storage tanks. With the development of our steel materials business in the Africa those years, Nigeria has been an important market to us. And we have many A572 grade 65 high strength steel famous projects in local and also participated in a lot of governmental projects. This crude oil storage tanks project is a very big engineering, and lasts for years. This is the only initial stage. We are under negotiation about following installation and further demands etc. matters.
With the development of API5L-B pipeline steel plate technology and the advancement of welded pipe forming and welding technology, the application scope of pipeline welded pipe is gradually expanding, especially the advantages of welded pipe in the range of large-diameter group spacing are more obvious. In 2004, the output of API5L-B (L245) seamless line pipe was about 400,000 tons. The steel grade includes X42-70, A572 grade 65 high strength steel, and the varieties include onshore line pipe and subsea line pipe.
As steel transportation belongs to the transportation of major parts, so in the process of transportation, modern logistics technology, such as centralized transportation, information technology, is a bit out of place. Based on the current situation of China's A572 grade 65 high strength steel steel transportation industry, highway transportation is a way of transportation that many enterprises often choose. Naturally, its business volume also accounts for more than 50% of the whole A572 grade 65 high strength steel steel transportation industry.
In 2016, we brought our customer to visit our NM400 hot rolled plate; producing line and our shanghai warehouse for 30,000 tons plate and structure. As a result, Our client purchased 500 tons NM400 as first order, which is shipped by 3 times. In future. Our company will always guarantee that all the delivery condition for Hardox plate A572 grade 65 high strength steel provided will be with quenching and tempering, which is the best delivery type according GB/T 24186 standard.
As of the week of November 13, China's total coke inventory was 7,240,400 tons, the overall level is still low, but it increased by 1.64% from the beginning of the month, and an increase of 120,000 tons during the week. This part of the increase mainly occurred downstream. Inventories of 110 Chinese steel mills increased by 12%, and the Rizhao Port Depot, which remained low in the previous period, also increased by 60,000 tons. If subsequent coke inventories continue to rise, disk prices will be under pressure under bearish expectations, and coking profits will also shrink from high levels.
We are committed to providing customers with high-quality services, high-precision products and efficient solutions. If you have any demand for A572 grade 65 high strength steel steel plate, steel pipe and other products, please contact us directly. We are willing to provide you with relevant product knowledge and specific specifications for free. Welcome to purchase.
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