According to the separate performance report released by India's Jindal stainless steel (Sisal) Co., Ltd. (JSHL), as of March 31, 2020, due to the global economic slowdown, epidemic situation, imports and other factors, its CCSA bulk freighter steel stainless steel sales decreased by about 10% to 600000 tons from 667000 tons in the previous fiscal year, and its net sales decreased by nearly 7% to 83.396.9 billion rupees, with the same gross operating profit (EBITDA) After tax profit increased by 22.4% to 3.203 billion rupees. The adoption of the new tax system has a positive impact of RS 220 million on after tax profits.
Ordinary CCSA bulk freighter steel carbon steel mainly refers to the steel whose mechanical properties depend on the carbon content in the steel, and generally does not add a lot of alloy elements. Ordinary carbon steel is the abbreviation of ordinary carbon structural steel. Carbon content is less than 0.38%, and less than 0.25% is the most commonly used. It belongs to low carbon steel. In the Chinese standard, each metal grade indicates the low yield point of the steel when the thickness is less than 16mm. Compared with high-quality carbon steel, the limitation of carbon content, performance range, phosphorus, sulfur and other residual elements is wider for ordinary carbon steel.
The company's headquarters has a well-established logistics distribution system, which can quickly transport the steel materials to the port through the contracted logistics companies. Professional contracted logistics companies can significantly reduce costs and various commodity-related expenses. Meanwhile, the flexible transfer ensures that the CCSA bulk freighter steel steel materials can be shipped immediately after passing the quality inspection.
Bangladesh is an important market to us. We cooperated with the National Railway, the National Tubes Limited (NTL) and so on state-owned enterprises. They have tenders regularly. And we would participate the tenders with our local agents. We have been the winner of NTL tenders for many times. API 5L grade B steel strips are their needed CCSA bulk freighter steel materials. They have special chemical composition, tolerance and so on requirements. We can fully meet their demands and guarantee timely delivery.
Imposition of tariffs moves the demand towards domestic CCSA bulk freighter steel steel companies, but it does not help in addressing the supply situation, which still remains low domestically. American steel consuming industries have to now pay higher taxes to the federal government for these imports. We had seen a similar decline in CCSA bulk freighter steel US Steel’s stock price when tariffs were imposed by the Bush administration.
The high strength CCSA bulk freighter steel low alloy steel, which is shorten as HSLA steel, is one of our main products. We have professional team to serve you. For any demands or questions about HSLA steel, for example, ASTM A572 grade 50 chemical composition, difference between S355JR and S355J2, mechanical properties of CCSA bulk freighter steel ST52 steel, Q345B tensile strength, Q345D steel ASTM equivalent, HSLA steel price etc. , please do not hesitate to contact us and consult.
The company revolves around the long-term strategy of "building a quality base and building a century-long BEBON", adheres to the development ideas of innovation, transformation, and improvement, vigorously promotes transformation and upgrading, structural adjustment, energy conservation and emission reduction, and strives to create high-quality steel with strong core competitiveness and distinctive features The production base has become a green steel city with intensive land use, clean production, efficient use of resources, harmonious and friendly production and environment, business and society, and BEBON characteristics.
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