Philippines nm400 steel equivalent Prices Today
In the first quarter of 2020, the output of EU steel pipe industry decreased by 13.3% year-on-year, but it is considered to be flexible due to its close connection with the NM400 steel equivalent construction industry. However, demand for large welded pipes is expected to remain weak in the oil and gas industry. In 2020, the steel consumption of steel pipe industry will account for 13% of EU NM400 steel equivalent steel consumption market. Uestf predicts that in 2020, the output of steel pipe industry will continue the downward trend of 2019, with a year-on-year decrease of 19.4%, and a rebound of 9.8% in 2021.
Q345 is a grade of carbon structural steel. Q is the meaning of yield strength, which NM400 steel equivalent is taken from the initial of Chinese Pinyin of "Qu"; 345 is the value of yield point, in MPa. Q345 refers to carbon structural steel with yield point (σ s) of 345mpa. The following letters indicate the quality level, including A, B, C, D and E. Q345 steel has good comprehensive mechanical properties, low temperature performance, good plasticity and weldability. Q345 steel is usually in hot rolling or normalizing state.
Tianjin warehouse mainly stores steel plates and steel pipes. The monthly replenishment is about 12000 tons. Our inventory cycle is short and flexible. Shanghai warehouse mainly stores NM400 steel equivalent ,steel plate and section steel. The average monthly purchase volume is about 15000 tons. The geographical location of the warehouse has greatly improved our performance in terms of transportation and delivery time.
In 30th,Dec,2018--2th,Jan,2019, One Malaysian customer come to visit our factory to inspect their goods about CCS-AH36 steel plate. This customer is a famous shipyard in Malaysia. Their company has the business scope of tourism, NM400 steel equivalent shipbuilding, transportation and so on. As a terminal manufacturer, they have strict requirements on quality . After visiting our factory, the customer are very satisfied with the quality of this batch of products.
The market mentality tended to be cautious, and the market prices in most regions were adjusted in a narrow range. In terms of resources, the current market inventory continues to digest, but due to the high output of NM400 steel equivalent, and the off-season effect of downstream demand is still continuing, resulting in a slow de stocking speed. In the short term, in the case of poor shipment of high price resources and cautious market mentality, it is expected that the price of NM400 steel equivalent in the short term may be in weak consolidation operation.
BBN steel strictly control quality of our carbon steel plate, alloy steel plates and structural steel plates. For NM400 steel equivalent ASTM A572 Grade 50 structural steel plate, Our Q/C Department will inspect dimension before shipment, making sure structural steel plate thickness tolerance and width, length tolerance are matchable to the NM400 steel equivalent standard requirements. The company is a good ASTM A572 Grade 50 structural steel plate supplier in the globle market and the head is located in China. Welcome to send us inquiry and questions about structural steel plate.
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