Price of building materials Q235C carbon steel plate sheet in Urumqi market

According to South Korea newsis reported on March 12, Korea iron and steel association statistics show that in February, South Korea's domestic Q235C carbon steel plate sheet steel exports to 2.44 million tons, down 2.4 percent year on year, after January down 3 percent, the second consecutive month of decline. In the past three years, South Korea's steel exports have decreased year by year, from 31.67 million tons in 2017 to 30.44 million tons in 2018 and 30.38 million tons in 2019. Instead, South Korea's Q235C carbon steel plate sheet steel imports increased last year. As China's economy slows and steel prices fall, Chinese steel is pouring into South Korea, analysts say.

A572 gr42 steel plate is a kind of main precision steel structure and normalizing steel. Q235C carbon steel plate sheet, ASTM A572 gr42, 50, 55, 60, 65 is a kind of high strength low alloy steel plate, which is widely used in factory construction, general buildings and various construction machinery, such as mining and various construction drilling rigs, electric shovels, electric wheel dump trucks, mining trucks, excavators, loaders, bulldozers, various cranes, hydraulic supports, mining machinery and other structures.

The main competitive means adopted by major domestic ports are to expand ports, build deep-water berths and channels, improve service quality to reduce the comprehensive cost of customers, and at the same time, to improve competitive advantage, we should also take appropriate measures to reduce relevant costs and prices.

The Philiphine customer is our old customer, and they are engaged in offshore oilfield resources drilling projects. Thus they have regular steel demands. They ordered 1008 tons API 5L grade B ERW pipes and Q345B seamless pipes from us in April 2018. And told us that is a regular demand almost every two month. Since our first success cooperation, we have cooperated with each other regularly. And they also bring us new opportunities and signification in Philippians market.

According to the monitoring of the Iron and Steel Association, at the end of October, the China Steel Price Index (CSPI) was 107.34 points, an increase of 1.24 points or 1.17% from the end of last year; the price of CIOPI imported iron ore during the same period was US6.38/ton, an increase of US.86/ton from the previous month, an increase of 28.57%. The price increase of iron ore is significantly greater than that of steel, and the impact on the production costs of steel companies will gradually become apparent, greatly reducing corporate profitability.

For ASTM A573 Grade 70/A573 Gr.70 carbon manganese silicon steel plates, our company would issue the original mill test certificate Q235C carbon steel plate sheet EN 10204 3.1 for clients when arrange delivery, so that clients can trace the A573 Gr.70 plates origin easily.

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