Forecast of EN steel grade S460N material building materials price

Steel EN steel grade S460N material exports fell sharply year on year. According to the data of the General Administration of customs, 7.811 million tons of steel were exported from January to February, a year-on-year decrease of 27.0%; 2.041 million tons of imported steel, a year-on-year increase of 2.1%. Steel prices continue to fall. According to the monitoring of China Iron and Steel Industry Association, China's steel EN steel grade S460N material composite price index at the end of January was 105.48 points, down 0.58% month on month; at the end of February, the index continued to decline to 100.39 points, down 4.83% month on month.

SA517GrQ material is a high-strength quenched and tempered alloy steel plate, which belongs to the steel for offshore oil drilling racks. The upper limit of SA517GrQ steel plate thickness is 150mm, and the upper limit of rack steel is 177.8mm. BBN STEEL has opened up a new heat treatment process route for the 177.8mm thick offshore platform rack steel A517GrQ, and strives to improve the production capacity of this product.

Japan is a typical shipping first, and its raw materials are imported from Oceania, central and South America and other Asian countries. Most of the EN steel grade S460N material steel produced is exported to China and other Asian countries, and a small amount is exported to America. Shipping is the main way of its EN steel grade S460N material steel international transportation. According to the data, steel goods account for about 20% of the total sea freight in Japan. The domestic transportation of Japanese steel is mainly truck.

In year 2015, we ship 750 tons H beam to Pakistan for our old customer for building use. Because of urgent demand, the H beams are partial shipment by bulk vessel. Due to strong support of our customer, we also export many C channel steel, EN steel grade S460N material I beam and other profile steel to local market.

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.

We have a good inventory system because of which the alloy steel plates and structural steel sheets are supplied and delivered to our customers on time. Our alloy steel plate is significantly affordable than austenitic EN steel grade S460N material stainless steel which helps to reduce maintenance and full life costs – as well as improved safety over standard boilerplate. Contact us today to request a quotation or email us with your complete specification, we are happy to help you!

In order to better develop the international steel market and make the steel products trade more prosperous at home and abroad, the company has a number of professional talents who love their posts and are proficient in their business. The company has always been adhering to the "service first, reputation first, customer first, make friends" business purpose, is willing to work together with domestic and foreign customers!