Forecast of JIS SM520C plates market inventory

Our JIS SM520C plates pipeline steel has once again helped the construction of the China-Russia East Line Natural Gas Pipeline. During 2017 - 2018, the company successively supplied more than 10,000 tons of high-grade pipeline steel materials for the northern section of the Sino-Russian Eastern Gas Pipeline project, helping the northern section of the JIS SM520C plates project to be successfully completed. Now we reload the task and will provide API 5L X80 high-grade pipeline steel for the middle section of the China-Russia Eastern Gas Pipeline project.

EN10025-2 S355K2 is a non-alloy steel quality with 355Mpa minimum yield strength when thickness ≤16mm. It takes low temperature impact testing at -20℃ with minimum energy 40J. For the advantage of S355K2 steel plate, JIS SM520C plates, it offers good weldability with conventional welding processes. In addition to their good mechanical properties, structural steels also have very acceptable toughness values. S355K2 steel plates are widely used in low temperature surroundings such as ice river, deep oceans.

With the development of multimodal transport in the international shipping market and the increase of the complexity of the integrated transport chain, modern ports, as the intersection of the three transportation modes of sea, land and air, are developing from traditional transfer and product distribution functions to all-round value-added services, becoming the central link connecting the world's production, exchange, distribution and consumption, and supporting the world economy and international trade An important part of the developed international circulation system.

BBN had provided JIS SM520C plates Hardox plates for more than 15 years for widely applied in coal mining machinery, cement equipment, road construction machinery, engineering machinery, dump trucks, metallurgical area and port fields. In 2016,we brought our customer to visit our JIS SM520C plates NM400 steel plate producing line and our Shanghai warehouse for 30000 tons plate and structure. As a result, Our client purchased 500 tons NM 400 as first order, which is shipped by 3 times. In future, BBN will always guarantee that all the delivery condition for Hardox plate provided will be with quenching and tempering, which is the best delivery type according GBT 24186 standard.

According to the new report of the World Steel Association (worldsteel), the world crude steel production for the 64 countries has reached to143.3 million tonnes (Mt) in February 2020, a 2.8% increase compared to February 2019. China’s JIS SM520C plates, crude steel production for February 2020 was 74.8 Mt, an increase of 5.0% compared to February 2019. India produced 9.6 Mt of crude steel in February 2020, up 1.5% on February 2019. Japan produced 7.9 Mt of crude steel in February 2020, up 2.2% on February 2019.

It is a modern high-tech professional enterprise integrating scientific research, JIS SM520C plates production and sales. The company is mainly engaged in the manufacture, installation and commissioning of boiler and pressure vessel, chemical, metallurgical, petroleum and other equipment, as well as JIS SM520C plates process technology development, technology transfer and related technical consulting and technical services.

Safety production is the cornerstone of enterprise survival and development. The company established a safety management network, which achieved clear powers and responsibilities, clear responsibilities, effective management and control, and provided organizational guarantee for safe production. The company strictly complies with the "Environmental Protection Law", establishes an effective environmental protection emission control system and waste gas, waste water, waste solid recycling system, and makes great efforts to harden, lighten, green, and beautify the plant, and strive to build green steel enterprises.