According to the data released by the world iron and Steel Association, the world pig iron production in March 2020 was 103 million tons, a year-on-year decrease of 3.5%, a year-on-year increase of 1.8% in February, and the overseas pig iron ASTM A588 HSLA steel plate production excluding China was 36.309 million tons, a year-on-year decrease of 11%. In March, except for China and Russia, pig iron production increased by 1%6, other countries' pig iron ASTM A588 HSLA steel plate production decreased year-on-year, with 28 EU countries reducing by 14.2%, 3 CIS countries (Russia, Ukraine and Kazakhstan) reducing by 0.8%, India reducing by 14.6%, Japan reducing by 7.9% and South Korea reducing by 9.5%.
Steel is an alloy of iron with carbon, silicon, manganese, phosphorus, sulfur and a small amount of other elements. In addition to iron, carbon content plays an important role in the mechanical properties of ASTM A588 HSLA steel plate and so on steel. Iron and steel is an important raw material for machinery, construction, hardware and other industries. As an important pillar industry, the development of iron and steel has a glorious period, in which Tangshan was once an important production base of China's iron and steel. This is closely related to its geographical location and energy advantages.
BBN company is a modern enterprise integrating steel producing, warehousing and logistics, processing and distribution. We are committed to creating a "one-stop steel procurement service" platform. The main products are I-beam, angle steel, ASTM A588 HSLA steel plate , H-beam, hot-rolled coil, welded pipe, spiral pipe seamless pipe and many other steel products. Standing stocks amount to more than 30,000 tons, and complete specifications, the company gradually moves towards large-scale distribution enterprises with serialized products, standardized services and modern transportation management.
In year 2015, we supplied 950 tons S355J0 angle steel to Egypt government. We have cooperation with local government for more than 3 years. Every year, they would order more than 3000 tons of ASTM A588 HSLA steel plate steel from our company.
In October, steel production decreased month-on-month, port inventories continued to rise, iron ore demand intensity weakened slightly, and iron ore prices continued to fall. According to the monitoring of the China Iron and Steel Industry Association, at the end of October, the China Iron Ore Price Index (CIOPI) was 421.41 points, down 11.06 points month-on-month, or 2.56%. The month-on-month decline continued, with a decrease of 0.08 percentage points higher than in September.
We are experienced shipbuilding and marine grade steel materials supplier and exporter with more than 20 years experience. For any question about the ASTM A588 HSLA steel plate shipbuilding steel materials, such as shipbuilding steel price, ABS EH36 steel specification, Lloyds grade A steel properties, AH36 steel mechanical properties, AH32 steel price, DH32 steel dimensions, difference between EH36 and DH 36 etc., please feel free to consult us.
On November 1st, our company organized some of company staff to visit Zhengzhou Children Welfare Institute, and gave children cookies and toys, as well as concerns to the Children. With the development of the society, disabled children gets increasing concerns and help from all walks of life. Fortunately, Chinese Government gives high concern to the handicapped children and has built Children Welfare Institutes all over the country to guarantee their lives.
