Steel ASTM A573 carbon steel plate exports fell sharply year on year. According to the data of the General Administration of customs, 7.811 million tons of steel were exported from January to February, a year-on-year decrease of 27.0%; 2.041 million tons of imported steel, a year-on-year increase of 2.1%. Steel prices continue to fall. According to the monitoring of China Iron and Steel Industry Association, China's steel ASTM A573 carbon steel plate composite price index at the end of January was 105.48 points, down 0.58% month on month; at the end of February, the index continued to decline to 100.39 points, down 4.83% month on month.
From the perspective of market conditions, today ASTM A573 carbon steel plate spot prices are operating smoothly, futures are volatile, and market acceptance is average. Merchants have a wait-and-see attitude. Low-price transactions are average, while high-price transactions are poor. Most merchants have daily transactions of 200-300 tons. between. For the market outlook, most merchants adopt the mode of selling more and lowering the warehouse, and are cautious about the later market.
We have transportation department and shipping department to coordinate logistics and delivery. Seamless connection between inland transportation and sea transportation ensures smooth delivery, saves transportation time and delivers goods in the first time. During the sea transportation, we will update the freight progress for customers on a regular basis, so as to facilitate the tracking of customers and make preparations for receiving goods leisurely and timely.
In 2015, we offered 230 tons 309S and 310S stainless steel ASTM A573 carbon steel plate plate to Vietnam fabrication company. The products are used in fabricating machine for this company. Then the customer sell the machine to south America and European market. This Vietnam company purchase more than 100 ton stainless steel from us every month.
The black futures market is weakening. Terminal and middlemen are cautious in their inquiry and purchase, and ASTM A573 carbon steel plate merchants have different shipments. However, the factory price of ASTM A573 carbon steel plate keeps rising and the spot bottom is more supportive. The market mentality is still good. The high demand is limited, but the support from the raw material side is strong. It is expected that the ASTM A573 carbon steel plate price will be stable tomorrow.
BBN steel strictly control quality of our carbon steel plate, alloy steel plates and structural steel plates. For ASTM A573 carbon steel plate ASTM A572 Grade 50 structural steel plate, Our Q/C Department will inspect dimension before shipment, making sure structural steel plate thickness tolerance and width, length tolerance are matchable to the ASTM A573 carbon steel plate standard requirements. The company is a good ASTM A572 grade 50 structural steel plate supplier in the globle market and the head is located in China. Welcome to send us inquiry and questions about structural steel plate.
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