ASTM A516 vessel steel A514 Gr P steel material market price

According to the separate performance report released by India's Jindal stainless steel (Sisal) Co., Ltd. (JSHL), as of March 31, 2020, due to the global economic slowdown, epidemic situation, imports and other factors, its A514 Gr P steel material stainless steel sales decreased by about 10% to 600000 tons from 667000 tons in the previous fiscal year, and its net sales decreased by nearly 7% to 83.396.9 billion rupees, with the same gross operating profit (EBITDA) After tax profit increased by 22.4% to 3.203 billion rupees. The adoption of the new tax system has a positive impact of RS 220 million on after tax profits.

How to choose the A514 Gr P steel material? Take 304 material as an example: From the perspective of price analysis, it is assumed that 304 stainless steel pipe is even lower than the general price of 301 material on the market and should be carefully identified. It is likely that other materials are fake. Confess whether the 304 stainless steel pipe is printed with 304 material on the surface and require the manufacturer’s quality certificate as a certificate; it can be tested with acid reagents.

Our company doesn't need the cheapest quotation to choose international logistics company, but the price performance ratio will be high, the service will be good, and the transportation must be safe and punctual, which will not affect the time when the A514 Gr P steel material goods arrive at the destination, and the logistics situation will be well communicated with customers in advance. Therefore, when we choose international logistics companies, we will have a look at their timeliness and service attitude in advance. It is only important to transport goods according to the requirements of customers for logistics.

We supply 5800 tons A53 Gr B ERW pipes to Qatar for Qatar Integrated Railway Project - Green Line. This is the first Metro Line in Qatar, and it is located in Doha. We got the order by tender, launched by the Qatar Railways Company for designing, construction and completion of Green Line Project. Before putting order, a delegation from the A514 Gr P steel material project side visited us and several other famous steel pipe mills in China for 15 days. Finally, we were chosen and finished the task exceeding their expectations.

In terms of inventory, the recent arrival of new A514 Gr P steel material resources is relatively small. Due to the high ordering cost, the weakening of merchants' purchasing enthusiasm, and the rapid production of steel mills, resulting in the shortage of some A514 Gr P steel material specifications. On the whole, the market has a strong wait-and-see mood. The ex factory prices of steel mills are strong and some resources are in short supply. It is expected that A514 Gr P steel material prices will continue the high consolidation operation tomorrow.

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