Current SA514 grade E steel material Prices Trend

On 18th December, 2019, BBN Group decorated the office SA514 grade E steel material building with many kinds of pendant. There were christmas trees, gifts and snowflakes in the logo wall. At the same time, we made a video at the Zhengzhou office to celebrate the coming Christmas holiday. Our SA514 grade E steel material oversea sales team and market delevopment team wish you Merry Christmas and Happy New Year. Besides, we prepare some meaningful gifts for our old customers.

Our main specifications of medium and heavy plates are thickness 6.0-180mm and width 1400-2700mm. In addition, the ship steel plate has been approved by the factories of the eight-nation classification society such as CCS, ABS, BV, LR, GL, NK, KR, and DNV. Our SA514 grade E steel material, medium and heavy plates are widely used in manufacturing, logistics, and automotive industries such as construction machinery, mold processing, ships, bridges, high-rise buildings, pipeline transportation, automobile girders, automobile bridge shells, and pressure vessels.

As we all know, steel pipes occupy more space in the process of transportation. If there is no good way of packing, the transportation cost for steel pipes will be a big expense. In view of this characteristic, our company is ingenious and adopts the nest package method to solve this problem perfectly. The premise of the nest package is that the diameters of the steel pipes are different, and the small diameter pipe is inserted in the large diameter pipe. This not only saves the volume, but also saves the transportation cost. It also reduces the loading and unloading workload by half, saves precious time, and enables customers to receive goods earlier.

We supply 3500 tons SA387GR5CL1 steel plates to Pakistan. The main businesses of the Pakistan customer are manufacturing columns & towers, heat exchanger, waste heat recovery boiler, pressure vessel & reactors, tanks, etc. We arranged SGS test for the SA387GR5CL1 steel plates. The test contents include chemical composition analysis, tensile test, impact test, etc. The test results are satisfied. The Pakistan customer gave good feedback after receiving the SA387GR5CL1 steel plates.

In October, steel production decreased month-on-month, port inventories continued to rise, iron ore demand intensity weakened slightly, and iron ore prices continued to fall. According to the monitoring of the China Iron and Steel Industry Association, at the end of October, the China Iron Ore Price Index (CIOPI) was 421.41 points, down 11.06 points month-on-month, or 2.56%. The month-on-month decline continued, with a decrease of 0.08 percentage points higher than in September.

It is a modern high-tech professional enterprise integrating scientific research, SA514 grade E steel material production and sales. The company is mainly engaged in the manufacture, installation and commissioning of boiler and pressure vessel, chemical, metallurgical, petroleum and other equipment, as well as SA514 grade E steel material process technology development, technology transfer and related technical consulting and technical services.

Keep in mind your mission and never forget your mission." At present, the BEBON steel leadership team unites the majority of cadres and employees to keep in mind their glorious missions, guided by Xi Jinping's ideology of socialism with Chinese characteristics in the new era, fully implementing the spirit of the 19th CPC National Congress, in-depth implementation of the requirements of the "three advances", pioneering spirit, and striving In order to lead high-quality development with innovation, build a new pattern of Anshan Iron and Steel's revitalization and development, strive to build the most internationally influential steel company, and make new contributions to the start of a new journey for BEBON Iron and Steel Group.