Nigeria A514 Gr Q steel material Hot Rolled Plate Prices Graph

According to the economic development trend in Asia and the economic development of China, India, Japan and ASEAN, it is estimated that the steel consumption in Asia will be 1228 million tons in 2019, with a year-on-year growth of 6.6%; the A514 Gr Q steel material steel demand in Asia in 2020 is predicted to be 1.241 billion tons, with a year-on-year growth of 1.1%. According to the A514 Gr Q steel material economic development of Europe, it is estimated that the steel consumption in Europe will be 202 million tons in 2019, with a year-on-year decrease of 3.3%; the steel demand in Europe in 2020 is predicted to be 205 million tons, with a year-on-year growth of 1.5%.

The company manages NM400 wear-resistant plate, NM450 wear-resistant plate, A514 Gr Q steel material, NM500 wear-resistant plate and other wear-resistant plate products. The wear-resistant plates are widely used in many industries, such as engineering, mining, cement, power, construction, machinery, coal, glass manufacturing, paper making, metallurgy, petrochemical, etc.. And the wear-resistant plates are also used in wheel device, grab equipment, bucket body, edge, lining plate, hopper, funnel, bucket valve, etc. parts.

We have transportation department and shipping department to coordinate logistics and delivery. Seamless connection between inland transportation and sea transportation ensures smooth delivery, saves transportation time and delivers goods in the first time. During the sea transportation, we will update the freight progress for customers on a regular basis, so as to facilitate the tracking of customers and make preparations for receiving goods leisurely and timely.

Good news: The largest steel importer in Nigeria ordered 4068 tons API 5L X52Q PSL2 3LPE seamless pipes and also ordered 8 pcs 42699.6 m³big diameter Crude oil storage doom roof tank in A537CL2 steel grade. In Sep 2019, This Nigeria client visited our company and factory, they were very satisfied with our company's quality control,production capacity and service. We also have reached a agreement for Phase II Project, It is also with another 10,000 tons APl 5L X52Q PSL2 3LPE seamless pipes.

In terms of inventory, the recent arrival of new A514 Gr Q steel material resources is relatively small. Due to the high ordering cost, the weakening of merchants' purchasing enthusiasm, and the rapid production of steel mills, resulting in the shortage of some A514 Gr Q steel material specifications. On the whole, the market has a strong wait-and-see mood. The ex factory prices of steel mills are strong and some resources are in short supply. It is expected that A514 Gr Q steel material prices will continue the high consolidation operation tomorrow.

The company has a high-quality management, technology and R&D team, and adopts independent research and development, domestic innovative process optimization combination. Relying on advanced manufacturing technology and sophisticated production testing equipment, it has ensured the high quality of products A514 Gr Q steel material and won a good reputation. We can offer various kinds of steel materials in GB, ASME, ASTM, JIS, DIN, EN, API standards and specifications.

Keep in mind your mission and never forget your mission." At present, the BEBON steel leadership team unites the majority of cadres and employees to keep in mind their glorious missions, guided by Xi Jinping's ideology of socialism with Chinese characteristics in the new era, fully implementing the spirit of the 19th CPC National Congress, in-depth implementation of the requirements of the "three advances", pioneering spirit, and striving In order to lead high-quality development with innovation, build a new pattern of Anshan Iron and Steel's revitalization and development, strive to build the most internationally influential steel company, and make new contributions to the start of a new journey for BEBON Iron and Steel Group.