China Steel Price Index: SA572 grade 42 carbon steel material Weekly

Hyundai Steel Co. has no plans to cut production further despite weak steel demand due to the coronavirus pandemic, the company's president said. Earlier this year, South Korea's second largest steelmaker reduced its SA572 grade 42 carbon steel material annual production of hot rolled coils from 1 million tons previously to 700 thousand tons per year for EAFs. A turnaround is expected after the third quarter of this year. In the three months to March 31, Hyundai Steel had a net loss of 88.6 billion won ( million), up from 94.4 trillion won in net profit in the same period last year.

09CuPCrNi-A is a high-strength weathering steel. Among them, the combination of Cu and P can resist atmospheric corrosion. In addition, there are Cr and Ni, both of which are used in stainless steel. Weathering steel (that is, atmospheric corrosion resistant steel) is a series of low-alloy steels between ordinary steel and stainless steel at a low price and good quality. After incorporating modern metallurgical new mechanisms, new technologies and new processes, it can achieve sustainable development and innovation.

The company's logistics team adheres to the development concept of “gathering advantages, providing superior services, creating value, and leading the market”, and tightly focuses on the strategic positioning of “developing large-scale steel logistics and building large-scale steel supermarkets”. Facing the whole country and integrating into the world to build an "one center, one network" international circulation system. Through the development of 5-10 years, it is expected to form a modern steel industry with annual operating income exceeding 2.5 billion yuan.

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Affected by the weak futures performance and weak spot follow-up, the steel billet price is temporarily stable. The overall growth trend of China's SA572 grade 42 carbon steel material is slowing down, and the demand in the north is lower than that in the south. Under the background of economic recovery, the demand toughness still exists, the resource inventory is tight, and the actual willingness of the spot merchants to let the price is not obvious. The price of SA572 grade 42 carbon steel material is expected to be adjusted and operated stably.

The strip steel thickness is generally below 6mm, which is convenient for crimping and processing. You should choose the SA572 grade 42 carbon steel material, strip steel specifications according to your own purposes. The specifications and materials used for different purposes are different, so you must confirm it before buying. It is best to ask professionals to give advice before purchasing strip steel, and purchase the specifications and types you need according to the corresponding requirements.

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