Forecast of SA633 Gr E carbon steel material market inventory

Myanmar's demand for SA633 Gr E carbon steel material steel products is likely to exceed 3 million tons in 2020 and 5 million tons by 2025, according to seaisi. However, Myanmar's producers are unable to meet domestic demand, so the country's steel products are more dependent on imports. In 2019, Myanmar imported more than 1.9 million tons of SA633 Gr E carbon steel material finished steel, including 57% of long products, 13% of uncoated hot-rolled and cold-rolled flat products, and 30% of coated steel. In order to reduce its dependence on imports, Myanmar plans to increase its steel production capacity by building and expanding steel mills.

From the perspective of market conditions, today SA633 Gr E carbon steel material spot prices are operating smoothly, futures are volatile, and market acceptance is average. Merchants have a wait-and-see attitude. Low-price transactions are average, while high-price transactions are poor. Most merchants have daily transactions of 200-300 tons. between. For the market outlook, most merchants adopt the mode of selling more and lowering the warehouse, and are cautious about the later market.

Steel transportation because of the special material of SA633 Gr E carbon steel material steel, is a metal with "iron" as the main basic element, small volume and large weight, and easy to oxidize and rust when contacting with air and rain water, so there are many precautions in the transportation of steel. There are 11 proverbs for steel transportation: "evenly placed, moisture-proof and rust proof". Our company chooses the logistics aspect to be very rigorous, takes the customer's request as the standard, guarantees the steel product quality.

The Peru customer has cooperated with us since April 2015, and then they purchased 300 tons A36 mild steel plates as trial order. Since then, they book more than 1000 tons from us every time, and about two times every year. They asked SGS test every time. Through our cooperation those years, we have built very good relationship and they entrust us to buy other related SA633 Gr E carbon steel material products for them from China also. And they have introduced us good customers in Peru, among which there are also governmental projects. It is a win-win cooperation between us.

According to the data of the Bureau of statistics, the average monthly output of domestic SA633 Gr E carbon steel material and so on steel in the past five years (2015-2019) is 96.8696 million tons. In recent five years (2015-2019), the average monthly export volume of domestic steel is 7.2152 million tons, accounting for 7.45% of the average monthly steel output. The top 10 major exporters are South Korea, Vietnam, Thailand, Indonesia, the Philippines, India, Myanmar, Saudi Arabia, the United Arab Emirates and Malaysia, accounting for 51.4% of the total domestic exports.

We have replenish steel materials stocks, now there are huge stocks of S355JR, A36, SA633 Gr E carbon steel material A572 Gr 50, 16Mo3, A516 Gr 70, ABS grade A, AH32, AH36, EH36, SPA-H, SG295,SM700C etc steel materials. We can arrange delivery for those stock steel products within short time. Meanwhile, we also provide further processing for the SA633 Gr E carbon steel material steel materials, such as cutting, drilling, bending, welding, etc. Please do not hesitate to contact us if you have any steel demands.

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