Forecast of S355NL carbon steel plate sheet coil price

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.

In the first quarter, S355NL carbon steel plate sheet, crude steel output in Asia amounted to 315.15 million mt, falling by 0.3 percent, with 234.45 million mt produced by China, up 1.2 percent, 24.36 million mt produced by Japan, decreasing by 2.4 percent, 27.5 million mt produced by India, falling by 5.3 percent, and 16.94 million mt produced by South Korea, down by 4.8 percent - with all comparisons on year-on-year basis.

Strip steel is coiled and curved steel plate, which is different from common steel pipes and steel plates. Strip steel has obvious characteristics. First, it is thin and easy to curl, which is convenient for logistics and transportation. Second, the surface quality of S355NL carbon steel plate sheet, strip steel is good, the luster is bright and it has good flexibility. Third, the strip steel is easy to process. When you need to use it, you only need to straighten the bent part and you can directly process it. Fourth, the precision is high, and the strip steel can be made of plain carbon steel, carbon structure steel, spring steel, tool steel, stainless steel, etc.

According to different purposes, the thin steel sheets are rolled from billets of different materials. Commonly used materials include plain carbon steel, such as S355NL carbon steel plate sheet, high-quality carbon steel, alloy structural steel, carbon tool steel, stainless steel, spring steel, and silicon steel for electrical purposes. The thin steel sheets are mainly used in the automobile industry, aviation industry, enamel industry, electrical industry, machinery industry and other sectors. In addition to delivery directly after rolling, there are also pickled, galvanized and tinned thin steel sheets.