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 CCS grade A ferries steel 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. In the three months to March 31, Hyundai Steel had a net loss of 88.6 billion won ( million), up from 94.4 trillion won in net profit in the same period last year.
Generally, when we distinguish and judge whether it is a high-quality CCS grade A ferries steel, automotive steel sheet manufacturer, the manufacturer's corporate brand and the reputation of the CCS grade A ferries steel, automotive steel sheet are good proofs. We can check the sales of automotive steel sheets manufacturers and the comments of buyers on the products and so on aspects about the automotive steel sheet manufacturer. The ones with more sales and higher praise rate are naturally better manufacturers. These can be used as some reference opinions for us to choose automobile steel sheet manufacturers.
Our company doesn't need the cheapest quotation to choose international logistics company, but the price performance ratio will be high, the service will be good, and the transportation must be safe and punctual, which will not affect the time when the CCS grade A ferries steel goods arrive at the destination, and the logistics situation will be well communicated with customers in advance. Therefore, when we choose international logistics companies, we will have a look at their timeliness and service attitude in advance. It is only important to transport goods according to the requirements of customers for logistics.
In 2014, we offered 175 ton Cold rolled stainless steel plate to Thailand. The CCS grade A ferries steel products are from TISCO. Here is the MTC that we offered to customer. We have our own quality team. Our quality team will inspect every order before shipment for customer. Normally, we will test the chemical composition, thickness, width, and length. Here are some pictures for last inspection.
According to a report by yonhap news agency on April 26, under the impact of COVID - 19 epidemic, the steel industry chain was also affected. Hyundai lost 29.7 billion won. According to the report, the automobile and other downstream steel industry production stoppage directly led to a precipita-like decline in steel demand, is the main reason for the decline in steel enterprise performance of the main reason for hyundai said, hyundai kia motor production extension, by the end of April is expected to reduce production of 500,000 vehicles, as a result, CCS grade A ferries steel, automotive steel demand will be reduced by 300,000 tons.
For ASTM A573 Grade 70/A573 Gr.70 carbon manganese silicon steel plates, our company would issue the original mill test certificate CCS grade A ferries steel EN 10204 3.1 for clients when arrange delivery, so that clients can trace the A573 Gr.70 plates origin easily.
Enterprise mission: to create value added steel products CCS grade A ferries steel and provide first-class serviceWe are committed to quality. It is to firmly establish the concept that quality is the life of an enterprise, and make it clear that quality is the decisive factor for the survival and development of an enterprise. Adhere to the quality brand strategy and strive to improve the comprehensive competitiveness with quality as the core.Core values of the enterprise: innovation, dedication and transcendence. It is a highly refined spiritual quality to our staff.
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