Forecast of NM400 steel for vehicle coil price
Myanmar's demand for NM400 steel for vehicle steel products is likely to exceed 3 million tons in 2020 and 5 million tons by 2025, according to seaisi. However, Myanmar's producers are unable to meet domestic demand, so the country's steel products are more dependent on imports. In 2019, Myanmar imported more than 1.9 million tons of NM400 steel for vehicle finished steel, including 57% of long products, 13% of uncoated hot-rolled and cold-rolled flat products, and 30% of coated steel. In order to reduce its dependence on imports, Myanmar plans to increase its steel production capacity by building and expanding steel mills.
09CuPCrNi-A steel belongs to weathering steel. Through alloying of Cu, Mn, Si, Al and simply adjusting part of element content of ordinary low carbon steel (Q235 steel), economic weathering NM400 steel for vehicle steel with good atmospheric corrosion resistance and comprehensive mechanical properties can be produced without changing the production process of Q235 steel. 09CuPCrNi-A steel is mainly used for railway, vehicle, bridge, tower and other steel structures exposed to the atmosphere for a long time.
The annual sales volume of steel product is over 300,000 tons, and the sales volume has increased year by year. The business scope covers the Southeast Asia, Eastern Europe, Middle East, Africa, North America, and South America. Client services are mainly in the petrochemical, wind power, shipbuilding, steel structure, machinery manufacturing, and construction industries. Throughout the process, we provide customers with professional personal steel customization services and one-stop solutions, professionally set a variety of futures, fast delivery, and excellent prices.
In December of 2015, our regular India customer sent us an inquiry for NM400 steel for vehicle pipe. The inquiry requires no negative tolerance in both pipes’ outer diameter and pipe wall. After two weeks’ discussion, he put the order of 275 tons to us. The pipes are finished within just one month. Our customer come to our factory to inspect the quality and tolerance, all the products are well meet his demand. The pipes are arriving to Nhava Sheva port, customer is very happy with our products and service during the process.
Today, the prices of black commodity futures market fluctuated upward. The mentality of the spot market is optimistic, and the quotations of NM400 steel for vehicle merchants continue to rise. However, downstream users are more cautious in purchasing, and they basically purchase on demand. Some speculative demands have the willingness to replenish at low prices. At present, there are relatively few NM400 steel for vehicle inventory resources in the market. In addition, the cost of resources in the later stage is relatively high, so businesses are not willing to sell at low prices. On the whole, there are not many short-term new arrival resources, and the shipping pressure of merchants is not big, and the NM400 steel for vehicle price still has certain support. It is expected that the price of NM400 steel for vehicle will fluctuate and be stronger tomorrow.
Analyze the advantages and disadvantages of the products against the competitive NM400 steel for vehicle products. Understand the industry situation and future trend. Understand the product brand positioning appeal point, focus on the crowd and development direction. Understand the layout of each market area, and form a big strategic layout view. Understand the basic operation and assessment standards of work responsibilities. Understand the situation of the cooperative customers.
Customer concept: customer first. Guided by market changes and guided by customer needs, we design the optimal product solutions and provide the best after-sales service. Partners: to reach a balance of interests with all stakeholders, to build a harmonious coexistence and win-win cooperation.
