SA572 Gr 60 carbon steel material heavy plate market price

Myanmar's demand for SA572 Gr 60 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 SA572 Gr 60 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.

Strip steel is mainly used for the manufacture of welded pipes, clamps, washers, spring blades, saw blades, blades and other fields, so the SA572 Gr 60 carbon steel material, strip steel specifications are also relatively standardized. First, the strip width should be within 1300mm, if it is too wide, it will become a steel plate, and the machining is not allowed to be too wide, otherwise it will fail. Second, the strip steel length is not limited, and the strip steel can be coiled together after bending, reducing most of the space.

The company's headquarters has a well-established logistics distribution system, which can quickly transport the steel materials to the port through the contracted logistics companies. Professional contracted logistics companies can significantly reduce costs and various commodity-related expenses. Meanwhile, the flexible transfer ensures that the SA572 Gr 60 carbon steel material steel materials can be shipped immediately after passing the quality inspection.

In April 2018, our Philiphine customer purchased 1008 Tons API5L Gr.B ERW&Q345B SMLS pipe for offshore oil field resources drilling project. This is a regular demand almost two month, and we has been cooperated more than three times, totally around 2100 tons steel pipe since 2015 year.

The market mentality tended to be cautious, and the market prices in most regions were adjusted in a narrow range. In terms of resources, the current market inventory continues to digest, but due to the high output of SA572 Gr 60 carbon steel material, and the off-season effect of downstream demand is still continuing, resulting in a slow de stocking speed. In the short term, in the case of poor shipment of high price resources and cautious market mentality, it is expected that the price of SA572 Gr 60 carbon steel material in the short term may be in weak consolidation operation.

We are a professional exporter of JIS 3101 SS 540 steel and a steel stockist in China. We stock more than 1000 tons of JIS 3101 SS 540 steel every month. If you want to get the price of JIS 3101 SS 540 steel, please do not hesitate to contact us. Please feel free to contact us by email or phone at any time if you have any need for the SA572 Gr 60 carbon steel material chemical composition and mechanical properties of JIS 3101 SS 540.

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