BP500 steel mechanical property Metal Prices

According to South Korea newsis reported on March 12, Korea iron and steel association statistics show that in February, South Korea's domestic BP500 steel mechanical property steel exports to 2.44 million tons, down 2.4 percent year on year, after January down 3 percent, the second consecutive month of decline. In the past three years, South Korea's steel exports have decreased year by year, from 31.67 million tons in 2017 to 30.44 million tons in 2018 and 30.38 million tons in 2019. Instead, South Korea's BP500 steel mechanical property steel imports increased last year. As China's economy slows and steel prices fall, Chinese steel is pouring into South Korea, analysts say.

Q355NHE grade is a weather-resistant structural steel used in construction, bridges, and railway vehicles. Q represents yield strength, NH represents weather resistance, and E represents quality grade (A, B, C, D, E) composition. Q355NHE is an atmospheric corrosion-resistant steel plate, also called weather-resistant steel plate. It has the properties of high-quality steel such as strength, ductility, forming, welding, abrasion, high temperature, and fatigue resistance.

We have efficient and quick logistic team service. We promise that after the customer places the order, the spot products will be shipped, processed, and cut on the same day. The steel BP500 steel mechanical property products will be shipped in 2-5 days according to the characteristics of the product. The company has always been adhering to the service concept of "integrity, pragmatism, enthusiasm" and dedicated to providing our customers with high-quality steel products and after-sales service.

The Egypt customer ordered 130 tons BP500 steel mechanical property 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.

Last week (November 7~November 13), the price of imported iron ore increased overall. The price of external disks rose rapidly, and fell slightly towards the end of last week, and the spot price of the port increased. The price increase of iron ore is more driven by the price increase in the steel market. From the perspective of iron ore fundamentals, iron ore inventories in major ports continue to rise rapidly, steel mills are generally willing to purchase, and it is difficult for prices to continue to rise.

As leading EN10025-6 S460QL structural steel plates supplier in China, our company has supplied hundreds of thousands tons S460QL steel plates to clients to assist them finish one after another BP500 steel mechanical property magnificent projects.

Based on the principle of “sincerity and win-win cooperation”, our company keeps forging ahead. In the fierce market competition, we have won the trust and rapid development of our customers with good cooperation and sincere service spirit. With pioneering spirit, the pursuit of excellence, continuous learning, and never satisfied content, we will create a win-win situation with our customers to create a better future. The company has sufficient inventory and complete varieties and specifications.

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