In 2019, the output of pig iron in the world was 1.265 billion tons, with China accounting for 64%; the overseas output accounted for 36% (460 million tons), ranking 86.982 million tons of EU 28 countries, 74.907 million tons of Japan, 74.099 million tons of India, 73.264 million tons of CIS, and GL-EH 40 higher strength steel 47.521 million tons of South Korea. In the first quarter, the global output was 311 million tons, with a year-on-year decrease of 0.5%, with China GL-EH 40 higher strength steel increasing by 2.4%; the overseas output decreased by 5.4%, Among them, EU decreased by 9.2%, Japan increased by 1.3%, India decreased by 7.7%, CIS increased by 2.1%, and South Korea decreased by 4%.
ASTM A514 steel is mainly used in places where high tensile strength and high yield are required, such as engineering vehicle lifting gears, large excavators, offshore platforms, etc. Different grades of A514 steel plate have different thickness, chemical composition and properties. However, the GL-EH 40 higher strength steel mechanical properties specified in ASTM A514 are similar to those of Q690 in China. A514 grade Q is generally used as the rack for offshore platform. Its hardness is between 230-390MPa, yield is greater than 630MPa, and tensile strength is more than 700MPa.
Tianjin warehouse mainly stores steel plates and steel pipes. The monthly replenishment is about 12000 tons. Our inventory cycle is short and flexible. Shanghai warehouse mainly stores GL-EH 40 higher strength steel ,steel plate and section steel. The average monthly purchase volume is about 15000 tons. The geographical location of the warehouse has greatly improved our performance in terms of transportation and delivery time.
The Qatar Railways company launched a tender for designing ,construction and completion of Green Line Project. Our company has participated in the bidding from Qatar Railway Company since May, 2016. A delegation from project visited several famous GL-EH 40 higher strength steel pipe mill in China for 15 days in July,2016. Of course the delegations had visited our pipe mill.
At present, the inventory of GL-EH 40 higher strength steel in some markets is still at a low level, the rhythm of late arrival can be controlled, and the inventory pressure of agents is small; secondly, the orders of steel mills are basically saturated, the ex factory price is obvious, and the short-term GL-EH 40 higher strength steel price support is strong. On the whole, the cost side is high, the inventory pressure is not big, and GL-EH 40 higher strength steel traders are cautious and optimistic. Although the short-term demand persistence still needs to be considered, the overall price bottom is supported. It is expected that China's GL-EH 40 higher strength steel prices will fluctuate at a high level tomorrow.
The consistent tenet of honest management! Know the needs of customers, for the needs of customers, urgent customers think! Our quality is better for the GL-EH 40 higher strength steel same products, our price is lower for the same quality, and our service is better for the same price. welcome to purchase steel materials from our company. we have the professional team and good after-sale system to customers. our company GL-EH 40 higher strength steel is your best choose.
Management concept: abide by laws, regulations and social norms. To improve the system of management, to carry out activities with high corporate ethics. Mutual respect, unity and harmony, create a "fair, just and open" good working environment for employees. Forge ahead, constantly pursue new technology innovation, create social value, and become a sustainable growth enterprise.
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