MS Plate SM490YA carbon steel plate sheet Mill Dubai

BBNsteel is one of the world-leading suppliers of construction steels for a global industry. We understand the unique demands of SM490YA carbon steel plate sheet building large scale structures in an increasingly budget-conscious economy. Construction steel plates and steel sections are used from the ground up; particularly in civil engineering and large-scale industrial projects. Pilings and baffles are used to lay the groundwork and establish a strong foundational anchor for tall structures like skyscrapers.

Hyundai Steel Co. has no plans to cut production further despite weak steel demand due to the coronavirus pandemic, the company's president said. Earlier this year, South Korea's second largest steelmaker reduced its SM490YA carbon steel plate sheet annual production of hot rolled coils from 1 million tons previously to 700 thousand tons per year for EAFs. A turnaround is expected after the third quarter of this year.

Tianjin warehouse mainly stores steel plates and steel pipes. The monthly replenishment is about 12000 tons. Our inventory cycle is short and flexible. Shanghai warehouse mainly stores SM490YA carbon steel plate sheet ,steel plate and section steel. The average monthly purchase volume is about 15000 tons. The geographical location of the warehouse has greatly improved our performance in terms of transportation and delivery time.

From the perspective of market conditions, today SM490YA carbon steel plate sheet 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.