Forecast of nm500 steel plate market inventory
"Turkey has filed a lawsuit against EU steel import tariffs with the world trade organization, the trade ministry said Friday. In February 2019, the European Union said that the sharp increase of Turkish steel imports NM500 steel plate seriously threatened the steel producers in member countries. The European Union has set import quotas for 26 kinds of steel products and imposed a 25% tariff on future steel products for three years. Turkey's trade ministry said that as one of the main NM500 steel plate steel exporting countries to the EU, Turkey's export has been adversely affected by its measures and has started proceedings in the WTO."
Q345R steel is common low alloy steel, which is commonly used for boiler and pressure vessel. The delivery status includes hot rolling or normalizing. Q345R steel yield strength is 265-345MPa, tensile strength is 510-640MPa, elongation is greater than 21%, and zero degree V-shaped impact energy is greater than 34J. Q345R steel standard is GB713. Q345R steel has good comprehensive mechanical and technological properties. The content of NM500 steel plate phosphorus and sulfur of Q345R steel is slightly lower than that of low alloy high strength steel plate.
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, NM500 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 2014, we offered 175 ton Cold rolled stainless steel plate to Thailand. The NM500 steel plate products are from TISCO. Here is the MTC that we offered to customer. We have our own quality team. Our quality team will inspect every order before shipment for customer. Normally, we will test the chemical composition, thickness, width, and length. Here are some pictures for last inspection.
According to the latest data released by the world iron and Steel Association, in March 2020, the crude steel production of 64 countries and regions included in the statistics of the organization totaled 147 million tons, down 6.4% year-on-year. In the first quarter, the NM500 steel plate, global crude steel production reached 442 million tons, down 1.3% year-on-year. Because of the new crown epidemic, factories in Europe, the United States and other places were shut down, Global steel production outside China fell the most since the financial crisis.
The company has a high-quality management, technology and R&D team, and adopts independent research and development, domestic innovative process optimization combination. Relying on advanced manufacturing technology and sophisticated production testing equipment, it has ensured the high quality of products NM500 steel plate and won a good reputation. We can offer various kinds of steel materials in GB, ASME, ASTM, JIS, DIN, EN, API standards and specifications.
The company always insists on quality first. "Tolerance and trust, change and innovation, abide by rules, and focus on refining people" are the eternal credo of the team. Encouraged by the same creed and belief, BEBON people continue to grow and mature, and the team size is increasing expand. In the future, look beyond Chinese private steel companies to see BEBON. Looking to the future, we are not blindly pursuing bigger scale, but we are pursuing strength and brand strength.
