Carbon steel hardox 450 equivalent market analysis 2020.01.14

We have new significant Hardox 450 equivalent 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 Hardox 450 equivalent 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.

These grades A709 Grade 36, Hardox 450 equivalent, A709 Grade 50 and A709 Grade 50W are often specified with Charpy tests referencing the specific zone or lowest anticipated service temperature. The Charpy tests are specified as non-fracture critical, which is a per-heat test (frequency "H"), or fracture critical, which is a per-plate test (Frequency "P"). Bridge steels can be ordered with plate thickness up to 150mm.

"Efficiency is benefit, time is money", the company is equipped with a high standard logistics team. After the products pass the factory inspection, they will coordinate the shipment as soon as possible according to customer requirements and schedules to hand over the booked steel materials to customers at the first time, to ensure no delay of customer's project progress, to strive for more project preparation time for customers.

With the fast development in Myanmar, Myanmar navy build frigate every year. Bebon Cooperate with Myanmar Navy from from 2015. They purchased 412 ton Hardox 450 equivalent LR AH36 steel plate from Bebon as trial order in 2015. After receiving the goods, they speak highly of the quality and bebon's service. After that they purchase the shipbuilding steel plate from bebon regularly. In May,2018, the Myanmar navy's local representative visit our office and production line, and sign another contract 2025 tons Hardox 450 equivalent LR A shipbuilding steel plates order in our office.

Last week (November 7~November 13), the price of imported iron ore increased overall. The price of external disks rose rapidly, and fell slightly towards the end of last week, and the spot price of the port increased. The price increase of iron ore is more driven by the price increase in the steel market. From the perspective of iron ore fundamentals, iron ore inventories in major ports continue to rise rapidly, steel mills are generally willing to purchase, and it is difficult for prices to continue to rise.

Welcome customers to visit our company, we specialize in steel products, adhere to the Hardox 450 equivalent quality first standard, and do not forget to provide customers with the best quality products and services. Our product quality office is the best, and our Hardox 450 equivalent price is also very advantageous. Welcome to purchase steel products from our company.

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