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In March, the daily output of key iron and steel enterprises decreased on a month on month basis. In terms of enterprise inventory, in late March, the key statistics showed that the 16mo3 bar steel inventory of iron and steel enterprises was 18.067 million tons, a decrease of 3.342 million tons or 15.6% compared with the highest inventory in early March, and an increase of 8.534 million tons or 89.5% compared with the beginning of the year.
Q355NHB steel plate is atmospheric corrosion-resistant steel plate, also known as weather-resistant steel plate. It is a low alloy steel series between general steel and stainless steel. Weather-resistant steel is made of ordinary carbon steel with a few corrosion-resistant elements such as copper and nickel. 16mo3 bar, Q355NHB steel sheet is featured by good toughness, plastic extension, forming, welding and cutting, abrasion, high temperature, fatigue resistance, etc.
BBN company has steel plates production workshops and warehouses with a total area of more than 500,000 square meters, and the total inventory of various types of steel exceeds 1 million tons. Relying on world-leading processing equipment and storage facilities, the company has strong steel production and processing capabilities, comprehensive logistics and logistics services, ensuring that it can efficiently complete more than 1 million tons of hot rolled plates processing business each year.
In December, 2018, our Vietnam customer purchased 352 tons SA387Gr12Cl2 and SA387Gr11Cl2 16mo3 bar steel plates for their tank fabrication project. The customer need those cargo urgently, and we keep many stock in warehouse , it only takes about 3days we collect total cargo for shipping to customer. The customer are very appreciate our quality and service. They 16mo3 bar become our regular customer and repeat order to us every month.
Though the tariffs were supposed to help the domestic 16mo3 bar steel companies, history has shown that tariffs are only a short term fix. Though the domestic mills are operating at over 80% of their capacity, which is an impressive rise over a year ago, steel still remains a global commodity with a 16mo3 bar global market. Even with the current level of capacity utilization, the US still needs to import about 30 million tons of steel.
We have replenish steel materials stocks, now there are huge stocks of S355JR, A36, 16mo3 bar A572 Gr 50, 16Mo3, A516 Gr 70, ABS grade A, AH32, AH36, EH36, SPA-H, SG295,SM700C etc steel materials. We can arrange delivery for those stock steel products within short time. Meanwhile, we also provide further processing for the 16mo3 bar steel materials, such as cutting, drilling, bending, welding, etc. Please do not hesitate to contact us if you have any steel demands.
We have a high-quality elite team, with a wealth of steel products resources and business experience. The company has established a perfect career development channel to provide all employees with broad job development opportunities, clear career planning, so that the potential can be fully explored, talent can be fully exploited, and a platform for employees to realize the value of life can be built, so as to realize the common growth and development with employees in the long-term development of the company.
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