On November 25, the price of the GL-D40 ore carrier steel plate medium board in the Yinchuan market remained stable temporarily, and the market transactions were average. As of press time, Yinchuan market 16-25mm general medium plate is 4020 yuan/ton; 14-25mm low alloy medium plate is 4170 yuan/ton. The price of plate in Yinchuan market continued to stabilize without much change. However, as the temperature dropped sharply and terminal demand in the local market dropped to a low point, plate merchants in the Yinchuan market had difficulty shipping.
Sulfur is a very harmful element in GL-D40 ore carrier steel plate steel. The presence of sulfur will increase the hot brittleness of steel, reduce the various mechanical properties of GL-D40 ore carrier steel plate steel, and reduce the weldability, impact toughness, fatigue resistance and corrosion resistance of steel.
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 GL-D40 ore carrier steel plate 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.
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