The production limit boosts the nm500 steel equivalent grades price by stage
One person familiar with the situation said Germany's ailing ThyssenKrupp Group was in talks with its international counterparts to merge its loss making NM500 steel equivalent grades steel business. The talks will be announced Monday as part of a strategic reform that could include closing or selling assets. Previously, ThyssenKrupp steel Europe, Germany's largest steelmaker, announced a loss in the first half of the group three point seven two 100 million euros four point zero two Billion US dollars). ThyssenKrupp has continued to advocate the benefits of NM500 steel equivalent grades steel integration since it abandoned its joint venture with Tata Steel a year ago to sell its precious elevator division.
When talking about our team, it is hard not to mention our QC department (Quality Control). We have built strict qualitycontrol system to guarantee the steel quality. During the steel materials production, we have strict monitoring measures and indicators, and ensure no chemical composition, mechnical properties and so on technical problems for the steel materials NM500 steel equivalent grades. After production, our QC department will conduct another inspection regarding to the steel quantity, dimension, mark and so on points before delivery.
Boiler steel plates are mainly used to manufacture various boilers and important accessories. Because the boiler steel plate is working under medium temperature (below 350°C) and high pressure, in addition to high pressure, it is also subject to impact, fatigue load and water and gas corrosion. It is required to ensure a certain strength and also have good welding and cold bending performance. Common grades: Q245R, A515 Grade 55, A515 Grade 60, NM500 steel equivalent grades, A516 Grade 65, A516 Grade 70.
Q690E high strength steel chemical composition: C: 0.08-0.15, Si: 0.17-0.37, Mn: 0.40-0.70, S: ≤0.035, P: ≤0.035, Cr: 0.30～0.60, Cu: ≤0.030, Ni: ≤0.030, V: 0.15-0.30, Mo: 0.25-0.35Q690E mechanical properties:Tensile strength σb (MPa): ≥440Yield strength σs (MPa): ≥225Elongation δ5 (%): ≥22Reduction of area ψ (%): ≥50Impact energy Akv (J): ≥78
The Philiphine customer is our old customer, and they are engaged in offshore oilfield resources drilling projects. Thus they have regular steel demands. They ordered 1008 tons API 5L grade B ERW pipes and Q345B seamless pipes from us in April 2018. And told us that is a regular demand almost every two month. Since our first success cooperation, we have cooperated with each other regularly. And they also bring us new opportunities and signification in Philippians market.
Hot rolled plates are known for their superior mechanical properties over commodity grades of merchant bar. The hot rolled NM500 steel equivalent grades plates products are made to specific chemistry and mechanical properties ranges, allowing them to be used in engineered applications. Resulting shafts, axles, and gears can be used in the automotive NM500 steel equivalent grades industry and agriculture equipment. A36 mild steel has good strength, formability, and excellent welding properties. We also can supply welding, fabricating, and bending service.
