One person familiar with the situation said Germany's ailing ThyssenKrupp Group was in talks with its international counterparts to merge its loss making hot rolled RINA DH40 marine plate steel business. The talks will be announced Monday as part of a strategic reform that could include closing or selling assets. Previously, ThyssenKrupp steel Europe, Germany's largest steelmaker, announced a loss in the first half of the group three point seven two 100 million euros four point zero two Billion US dollars). ThyssenKrupp has continued to advocate the benefits of hot rolled RINA DH40 marine plate steel integration since it abandoned its joint venture with Tata Steel a year ago to sell its precious elevator division.
SM520B/C Super heavy steel plate for welded structure, it is also low carbon high strength structural steel with good cold forming property. SM570 Low alloy and high strength steel plate, hot rolled RINA DH40 marine plate heavy and wide plate for machinery parts, boom, crane, chassis, buildings bridges and mobile equipment.
The company attaches great importance to logistics services, sets up our own transport truck fleet, improves customer response capacity through the improvement of logistics capacity, and further reduces costs. Customers ordering hot rolled RINA DH40 marine plate steel from our company can not only enjoy the service of fast delivery, but also enjoy lower transportation costs. Fast, accurate, simple and efficient has always been our principle.
The Peru customer has cooperated with us since April 2015, and then they purchased 300 tons A36 mild steel plates as trial order. Since then, they book more than 1000 tons from us every time, and about two times every year. They asked SGS test every time. Through our cooperation those years, we have built very good relationship and they entrust us to buy other related hot rolled RINA DH40 marine plate products for them from China also. And they have introduced us good customers in Peru, among which there are also governmental projects. It is a win-win cooperation between us.
Stimulated by the positive macro news, today's hot rolled RINA DH40 marine plate futures trend fluctuated upwards, driving up spot prices. On the whole, the cost side is high, the inventory pressure is not great, and hot rolled RINA DH40 marine plate traders are cautiously optimistic. Although the short-term demand continuity still needs to be considered, the overall price bottom is supported. It is expected that the hot rolled RINA DH40 marine plate price may fluctuate at a high level tomorrow.
We have a professional production team and high-quality production equipment, and we also have a great hot rolled RINA DH40 marine plate advantage in price, with its own factory, large-scale production to reduce the price. Strictly control each production line to ensure the hot rolled RINA DH40 marine plate production of high-quality steel plates, steel pipes and other products that meet customer requirements.
In order to better develop the international steel market and make the steel products trade more prosperous at home and abroad, the company has a number of professional talents who love their posts and are proficient in their business. The company has always been adhering to the "service first, reputation first, customer first, make friends" business purpose, is willing to work together with domestic and foreign customers!
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