Analysis and forecast of NM400 plate equivalent price in China

Hyundai Steel Co. has no plans to cut production further despite weak steel demand due to the coronavirus pandemic, the company's president said. Earlier this year, South Korea's second largest steelmaker reduced its NM400 plate equivalent annual production of hot rolled coils from 1 million tons previously to 700 thousand tons per year for EAFs. A turnaround is expected after the third quarter of this year. In the three months to March 31, Hyundai Steel had a net loss of 88.6 billion won ( million), up from 94.4 trillion won in net profit in the same period last year.

In line with the service concept of "honesty first, customer first" and the service tenet of "all for customer satisfaction", the company adopts the acceptance and response mode of combining manual and automatic, and accepts the diversified service demands of customer business consultation, complaint declaration, business acceptance, etc. through telephone, fax, e-mail, visit, letter, etc.

15CrMo alloy plate is a heat-resistant steel with pearlite structure, which has high thermal strength (δb≥440MPa) and oxidation resistance at high temperatures, and has a certain resistance to hydrogen corrosion. Due to the high content of Cr, C and other alloying elements in steel, the hardening tendency of NM400 plate equivalent and 15CrMo alloy plate is obvious and the weldability is poor. After welding, local high temperature tempering treatment should be carried out. The heat treatment process of 15CrMo alloy plate is as follows: the temperature rise rate is 200°C/h, the temperature is raised to 715°C for 1 hour and 15 minutes, the temperature drop rate is 100°C/h, and the temperature is reduced to 300°C before air cooling.

Q550C steel belongs to low alloy high strength steel. Chemical composition of Q550C steel: C ≤ 0.18, Si ≤ 0.60, Mn ≤ 2.0, P ≤ 0.030, S ≤ 0.030, Nb ≤ 0.11, V ≤ 0.12, Ti ≤ 0.20, Cr ≤ 0.80, Ni ≤ 0.80, Cu ≤ 0.80, N ≤ 0.015, Mo ≤ 0.30, B ≤ 0.004, Al ≤ 0.015. Mechanical properties of Q550C steel: yield strength ≥ 550 MPa, tensile strength 600-780 MPa, elongation after fracture ≥ 16%, impact energy ≥ 55J. NM400 plate equivalent, Q550C steel is mainly used for manufacturing various large-scale engineering structural components and construction machinery. Due to its high strength, Q550C steel can meet the requirements of large-scale and lightweight construction machinery.

In December, 2018, our Vietnam customer purchased 352 tons SA387Gr12Cl2 and SA387Gr11Cl2 NM400 plate equivalent steel plates for their tank fabrication project. The customer need those cargo urgently, and we keep many stock in warehouse , it only takes about 3days we collect total cargo for shipping to customer. The customer are very appreciate our quality and service. They NM400 plate equivalent become our regular customer and repeat order to us every month.

BBN company is an industry leading steel service center that supplies a full line of hot rolled steel plate in a variety of sizes, grades and finishes. Hot rolled steel is an economical option that offers reliable performance and versatility. In the NM400 plate equivalent hot rolled process, high temperature is used to heat the steel above its recrystallization point. In this state it becomes more malleable, allowing it to be easily formed into a variety of shapes. If you are interested in A36 hot rolled plates price, welcome to come and visit us.