nm500 steel sheet price Material Specification
Wear resistant steel plate is often used for construction machinery and equipment manufacture, such as excavators, scrapers, sand making machines, etc., which operate repeatedly in the sediment for a long time. That requires the wear resistant steel plate have good wear resistance. Otherwise, once the mechanical equipment is damaged, the progress of the whole project will be greatly affected. NM500 steel sheet price, Wear resistant steel plate can also be used for building equipment, such as excavation machinery, shovel transport machinery, compaction machinery, engineering lifting machinery, piling machinery, etc.. They need long-term contact with all kinds of sediment, and need the support of wear resistant steel plates.
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 NM500 steel sheet price 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.
The main uses of flat steel are as follows. First, flat steel is used as a raw material for processing steel plates, which is convenient for transportation, takes up a small space, and can save transportation costs. Second, NM500 steel sheet price flat steel can be used as raw material for processing welded pipes. Flat steel can be a finished steel product, or it can be used as a billet for welded pipes and thin slabs for stacked sheets. Third, flat steel can be directly used as a steel structure. As a finished material, flat steel can be used for making hoop iron, tools and mechanical parts, and used as building frame structure and escalator in construction. Fourth, the flat steel has a smooth surface and a certain degree of beauty.
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