Steel is the main raw material for shipbuilding and marine engineering structure construction, accounting for 20% ~ 30% of the construction cost of hull and marine engineering. The steel normal strength hull structural steel GL-B products involved mainly include steel plates and section steel (marine bulb flat steel, H-beam, angle steel, etc.), casting and forging steel and supporting welding materials, etc. Among them, the amount of steel consumed for hull construction accounts for about 60% of the total ship mass, and sheet metal accounts for about 88%.
The company uses outsourced logistics operations. Our cooperated professional third-party logistics providers use the advantages of large-scale production and cost advantages to achieve cost savings by increasing the utilization of resources in each link, so that we can benefit from the separation of cost structure. Therefore, we can also provide customers with better, faster and more efficient cargo transportation, delivery, and lower freight costs.
Turkey produced 8.97 million metric tons of crude steel in the first quarter, with a 9.6 percent increase from the same month of last year. Iran's crude normal strength hull structural steel GL-B steel production in March amounted to 6.75 million mt. up by 13.2 percent year on year. The CIS registered a normal strength hull structural steel GL-B crude steel output of 25.15 million mt. falling by 0.6 on year-on-year basis, with Russia producing 17.9 million mt, down by one percent, and Ukraine producing 5.32 million mt, falling by 3.4 percent, both on year-on-year basis.
Our steel products are widely used in petroleum and natural gas, chemical industry, shipbuilding, automobile manufacturing, power generation, mining, and other industries. The products normal strength hull structural steel GL-B are sold in more than 20 provinces, cities and all over the world. The company has strong technical force, complete production equipment, advanced production technology, perfect testing methods, and high-quality products.
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