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Tata Steel Europe plans to cut 1250 jobs. Henrik Adam, CEO of Tata Steel, said: "the financial situation of Tata Steel Europe is very serious at present, and there is an urgent need to improve the company's performance and financial situation." Tata Steel has decided 16mo3 equivalent jis in November 2019 to cut 3000 jobs in its European operations to reduce costs. After a period of negotiations with the European labour Commission, the layoff plan cut that number by more than half, minimizing unemployment. Tata Steel has about 20000 employees in Europe.
S420m material is a fine-grain weldable structural steel that has been thermomechanically rolled. It conforms fully to the EN 10025-4 standard. S420m plates are used in welded structures, large boats and ships, various machinery, bridge supports and metal structures, as well as supporting structures for wind turbines. The steel 16mo3 equivalent jis is used in highway construction and other engineering projects.
The company's logistics adopts the method of cooperation with logistics companies. As a third-party logistics company is engaged in the operation of multiple logistics projects, it can integrate various logistics resources, making the logistics operation cost relatively low and the logistics operations more efficient. Thus we can provide more professional logistics services, while also focusing on our core business of steel materials.
3500 tons SA387GR5CL1 steel plate to make pressure vessel equipment in Pakistan. The main business of our this client from Pakistan is manufacturing Columns&Towers, Heat Exchanger,Waste Heat Recovery Boiler, Pressure Vessel&Reactors,Tanks, Metering Skid. And we supply 16mo3 equivalent jis the Mill Certificate, Shipping picture, the marking of steel plate and we help client to do SGS inspection.
The overall intention of supporting prices in the raw material market is relatively strong, but the steel mills have a low acceptance of high prices, and some just need a small amount of goods, so the overall market game state is obvious. With the poor release of steel demand, terminal merchants tend to consume low-cost inventory in the early stage and purchase on demand to avoid the risk of large-scale hoarding. However, the cost side is weak, and some 16mo3 equivalent jis manufacturers secretly reduce prices to promote transactions. It is expected that the 16mo3 equivalent jis market will be stable and weak in the future.
Hot rolled plates are known for their superior mechanical properties over commodity grades of merchant bar. The hot rolled 16mo3 equivalent jis plates products are made to specific chemistry and mechanical properties ranges, allowing them to be used in engineered applications. Resulting shafts, axles, and gears can be used in the automotive 16mo3 equivalent jis industry and agriculture equipment. A36 mild steel has good strength, formability, and excellent welding properties. We also can supply welding, fabricating, and bending service.
Customer concept: customer first. Guided by market changes and guided by customer needs, we design the optimal product solutions and provide the best after-sales service. Partners: to reach a balance of interests with all stakeholders, to build a harmonious coexistence and win-win cooperation.
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