EN steel grade S420N material Market Trends

Tata Steel Europe plans to cut 1250 jobs. Henrik Adam, CEO of Tata Steel, said: "the financial situation of Tata Steel Europe is very serious at present, and there is an urgent need to improve the company's performance and financial situation." Tata Steel has decided EN steel grade S420N material in November 2019 to cut 3000 jobs in its European operations to reduce costs. After a period of negotiations with the European labour Commission, the layoff plan cut that number by more than half, minimizing unemployment. Tata Steel has about 20000 employees in Europe.

EN steel grade S420N material, NM400 wear plates are used for wear-exposed structures, such as protective pads and shell walls of prospecting machines and bulldozers. Support or reinforcement board; cutting board for truck rollover; mixing elements and conveying elements, chute grooves, display screens, machine tools, crushers and shredders, waste briquetting presses, blades, paving abrasives and agricultural machinery.

Facing the new situation and facing new goals, the company revolves around the sixteen-character development policy of “prioritizing production preservation, society-oriented, market operation, and brand creation and efficiency”. Layout the country in accordance with the modern logistics model, and accelerate the establishment of a modern integrated steel enterprise integrating steel storage, transportation, processing, and distribution.

In December of 2015, our regular India customer sent us an inquiry for EN steel grade S420N material pipe. The inquiry requires no negative tolerance in both pipes’ outer diameter and pipe wall. After two weeks’ discussion, he put the order of 275 tons to us. The pipes are finished within just one month. Our customer come to our factory to inspect the quality and tolerance, all the products are well meet his demand. The pipes are arriving to Nhava Sheva port, customer is very happy with our products and service during the process.

In 2010, the 87th session of the International Maritime Organization (IMO) Maritime Committee passed the "Performance Standards for Alternative Anticorrosion Measures for Crude Oil Cargo Tanks". It is mandatory that the cargo tanks of large oil tankers above 5,000 dwt need to be protected or used The construction of corrosion-resistant steel promotes the rapid development of the research and application of corrosion-resistant steel for oil tankers in China. At present, the performance of domestic corrosion-resistant steel has reached the world's leading level and can meet the requirements of large-scale applications.

Our company is one of the famous steel suppliers in China, specializing in the production of steel plates, steel pipes and other steel products. If you are interested in steel products, or need to purchase a large number of EN steel grade S420N material steel plates and pipes. Please contact our company directly, we will provide the most favorable price and the most perfect system, our employees have professional product knowledge. We hope to provide you with high quality products.

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