wear-resistance of nm500 prices opened a narrow range of shock market

For the estimation in April and the second quarter, the estimation on March 16 is still valid, but the decrease in April is 10% higher than the neutral prediction. It is a conservative estimation based on 10% for the high probability event. In the second quarter, the output of overseas pig iron will be reduced by 11.67 million tons, affecting the demand for wear-resistance of NM500 iron ore of about 1.84 million tons; in the first half of the year, the output will be reduced by 18.899 million tons, affecting the demand for iron ore of 32.13 million tons.

The company has a mature technical team whose reponsibility is to design the drawing, choose suitable material and evaluate the whole production processaccording to customers’ requirement. The company is led by talents and technology, and comprehensively promotes its six business segments like steel material supply, precision steel casting, environmental protection equipment, household appliance, wear-resistance of NM500 steel structures and oil tank projects. Seeking new developments in new technology and business areas, and fostering a large number of industry-leading, international-level projects.

Shipbuilding steel plates are used to manufacture marine and inland watercraft hulls, requiring high strength, plasticity, toughness, cold bending performance, welding performance, and corrosion resistance. The company provides common shipboard grades such as Grade A, Grade B, Grade D, Grade E, Grade AH32, AH36, AH40, DH32, DH36, DH40, EH32, EH36, EH40, FH32, wear-resistance of NM500 FH36, FH40.

EN10083-3 42CrMo4 steel plate is a common chromium-molybdenum steel that usually used after quenched and tempered. wear-resistance of NM500, EN10083-3 42CrMo4 steel plate has high intensity, high hardenability, high fatigue strength and good low-temperature impact toughness. EN10083-3 42CrMo4 steel plate has better performance than 34CrMo4 steel due to the carbon and chromium content is higher.

In April 2018, our Philiphine customer purchased 1008 Tons API5L Gr.B ERW&Q345B SMLS pipe for offshore oil field resources drilling project. This is a regular demand almost two month, and we has been cooperated more than three times, totally around 2100 tons steel pipe since 2015 year.

The company has a high-quality management, technology and R&D team, and adopts independent research and development, domestic innovative process optimization combination. Relying on advanced manufacturing technology and sophisticated production testing equipment, it has ensured the high quality of products wear-resistance of NM500 and won a good reputation. We can offer various kinds of steel materials in GB, ASME, ASTM, JIS, DIN, EN, API standards and specifications.