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 GL-EH 40 higher strength steel 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.
Our team is a dynamic, but also mature and steady team. The talents are made of different ages. There are experienced ones, and also creative ones, that also makes our company culture diversified. We have complete department structure, to make the whole work procedure run smoothly. For every step, we have special person to be in charge and responsible for our customer and update information to the customer in time. So you just need not worry too much to purchase steel materials from our company.
The Egypt customer ordered 130 tons GL-EH 40 higher strength steel stainless steel plate in stock, and this batch has left port today for its destination today(October 25th, 2019). 316l stainless steel is molybdenum-bearing austenitic stainless steel. This material has better corrosion resistant property than 304/314L for it's higher Ni and Mo content. (it is considered to be marine grade stainless steel, not suitable for warm sea water treatment). 316L austenitic stainless steel supplied by our company has good formability and weldablity, additionally it is proved to have excellent properties of tensile, creep and stress-rupture strengths in elevated temperature environment.
The wear-resistant plate has the main advantages of high strength and hardness, good toughness, GL-EH 40 higher strength steel high tensile strength, good material wear-resistance, long service life and low cost. In order to verify the wear-resistant life of the high wear-resistant composite steel plate applied in the field, the comparative industrial test of GL-EH 40 higher strength steel wear-resistant with the ordinary carbon plate was carried out on the reclaimer of Jigang raw material plant, and the effect is good.
Compared with thick steel plates, GL-EH 40 higher strength steel, thin steel plates have many obvious advantages in steel plate processing and use. It is precisely these advantages of thin steel plates that make them more and more popular in various industries. First, compared to those thicker steel plate materials, thin steel plates are generally thinner in thickness. Thin steel plates themselves are lighter and thinner, and their weight is lighter, which is very convenient for handling during construction and transportation. It can save some storage and transportation space.
In 2019, through the concerted cooperation of the enterprise team, the sales volume has grown steadily, and the annual sales volume has exceeded 300 million yuan. For this reason, both the investors and employees of the enterprise have received satisfactory returns. With strong development potential and brand advantages, we have always been committed to "integrity, efficiency, pragmatism, dedication" corporate spirit, dedication to society, and return to the public. From this perspective, the enterprise will have a bright future. In a good environment with strong hardware facilities and excellent management personnel, we can make sure that the company will develop stronger and bigger.
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