Forecast of S355K2 carbon steel plate sheet market inventory

We have new significant S355K2 carbon steel plate sheet projects in Nigeria. It is about crude oil storage tanks. With the development of our steel materials business in the Africa those years, Nigeria has been an important market to us. And we have many S355K2 carbon steel plate sheet famous projects in local and also participated in a lot of governmental projects. This crude oil storage tanks project is a very big engineering, and lasts for years. This is the only initial stage. We are under negotiation about following installation and further demands etc. matters.

ASTM A106 pipe is the standard specification for seamless carbon S355K2 carbon steel plate sheet steel pipe for high-temperature service. Applications are transport gasses or fluids in refineries and boiler plant bearing high temperatures and pressures. Pipe produced according to S355K2 carbon steel plate sheet ASTM A106 shall be suitable for bending, flanging, welding and other forming operations.

The mode of iron and S355K2 carbon steel plate sheet steel logistics transportation is mainly intercontinental ocean shipping and inland rail transportation. European ports have been very mature after years of development, such as Hamburg in Germany, Rotterdam in the Netherlands and Antwerp in Belgium. Relying on the huge market of the European Union, these ports are positioned in the logistics distribution function of cargo distribution and large import and export, and play a great role in the transportation of S355K2 carbon steel plate sheet steel logistics.

In 2015, we offered 230 tons 309S and 310S stainless steel S355K2 carbon steel plate sheet plate to Vietnam fabrication company. The products are used in fabricating machine for this company. Then the customer sell the machine to south America and European market. This Vietnam company purchase more than 100 ton stainless steel from us every month.

The data shows that Southeast Asia is the main S355K2 carbon steel plate sheet and so on steel export region of China, and the steel export volume of Asia in 2019 is 37.198 million tons; that of North America and South America is 4.0678 million tons, and that of Europe is 1.1358 million tons. According to the latest epidemic data, South Korea and Japan are the most affected countries in Southeast Asia. However, the growth rate of the number of confirmed cases slowed down significantly, while the situation of the epidemic in Italy, a major European steel export country, was still severe, with the number of confirmed cases exceeding 53000. Therefore, the recovery speed of European market is slower than that of Southeast Asia.

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 S355K2 carbon steel plate sheet 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!

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