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 LR grade E multihull 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.
CCS EH36,CCS/EH36 and CCSEH36 steel is a high strength shipbuilding steel plate. We have 200tons LR grade E multihull steel, CCS Grade EH36 hot rolled plates and sheets in our warehouse. Our available stock has CCS EH36 steel size and specification: 5*2000*9000, 13*1500*6000, 46*2500*7200, 33*2250*6400, 5*2000*8000, 33*1520*7250, 40*1500*6000, 5*2000*10000, 44*1800*10550, 90*1650*6400mm. Our ship steel plate can be supplied with thickness up to 200mm.
The company's logistics uses third-party logistics. This logistics model plays an important role in improving the efficiency of our business operations. Third-party logistics is an important form of logistics specialization. As a company specializing in logistics, third-party logistics companies have a wealth of experts who specialize in logistics operations, which is conducive to ensuring the professional production of the company, reducing costs, and improving logistics level of the company. Both the customers and the company benefit from the logystics mode.
The Seamless Pipe Q345D to Thailand. In November of 2015, Thailand OTTO group contacted with us from Internet. They are finding the trustable supplier of S355/2H seamless pipe for the cable car supporter. Due to the special using of the pipes, they are very careful and serious when choosing the supplier. After one months contact and discussion by email, they come to our company. We drive to the pipe mill for visit of 2 days. Through this visit, they are very confident with our production ability and products quality. Finally, they accept the grade we suggest Q345D. After back to office, they put the order of 1800 tons pipe to us directly.
In February, the European steel price index was 161.2 points, up 1.3 points on a month on month basis, up 0.8%; the euro zone manufacturing PMI was 49.2%, up 1.3 percentage points on a month on month basis. The manufacturing PMI of Germany, Italy, France and Spain were 48%, 48.7%, 49.8% and 50.4% respectively. This month, among the main steel products such as LR grade E multihull steel in the German market, the price of wire rod decreased slightly, the price of section steel remained stable, and other products continued to rise.
The company has sufficient stocks and complete specifications. The common carbon steel plates, marine plates, LR grade E multihull steel and storage tank steel plates sold are all produced by large state-owned steel companies such as Shougang, Hegang, Taiyuan Iron and Steel, with quality assurance and worry-free after-sales. The company develops and grows under the concept of seeking innovation in stability and advancing with the times for development. After a short period of development, it has begun to take shape.
Integrity, cooperation and innovation, positive and competitive, healthy and abundant are the company's core values. The company LR grade E multihull steel always adhere to the "people-oriented", pay attention to improve the production skills and cultural quality of employees, by cultivating employees to carry forward excellent cultural traditions, set up the correct values, ethics and codes of conduct to improve employees' loyalty and work enthusiasm.
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