China Steel Price Index: 16mo3 seamless pipe Weekly

Turkey produced 8.97 million metric tons of crude steel in the first quarter, with a 9.6 percent increase from the same month of last year. Iran's crude 16mo3 seamless pipe steel production in March amounted to 6.75 million mt. up by 13.2 percent year on year. The CIS registered a 16mo3 seamless pipe crude steel output of 25.15 million mt. falling by 0.6 on year-on-year basis, with Russia producing 17.9 million mt, down by one percent, and Ukraine producing 5.32 million mt, falling by 3.4 percent, both on year-on-year basis.

16mo3 seamless pipe, Manganese steel plate is a low alloy high strength steel plate with good weldability. Manganese steel plate is the main material of general pressure vessel. Manganese steel plate is mainly used to make engineering structural parts, roof beam of workshop and tower crane tower body. Manganese steel plate has high rupture strength and creep strength at high temperature and good impact toughness at low temperature. High strength steel is a kind of wear-resistant steel for heavy industry. Its application fields include quarrying, mining, mining, coal industry, casting and steel industry, etc.

Due to the surge in business volume in recent years. In addition to coordinating our own truck fleet, our logistics department has continuously developed high-quality logistics companies and signed long-term cooperation agreements. While enjoying the professional and fast service of logistics companies, we have significantly reduced transportation costs. That not only ensure our customers receive the goods at the same time, but also help them reduce shipping costs.

FANALCA is the biggest motorcycle factory in Columbia. Meanwhile, it is the only distributor in Colombia for Japanese Honda. We began to cooperate with each other since 2017. We supply SAPH370, SAPH440 and so on automobile steel coils to them. As our products quality is proved to be satisfied during their production, they have been one of our stable customers, and give repeat orders about automobile steel every year.

16mo3 seamless pipe stock increased rapidly. The social stock of five kinds of steel products (screw steel, wire rod, hot rolled coil, cold rolled coil and medium and heavy plate) in major cities in China was 8.12 million tons at the end of January and 19.05 million tons at the end of February. By the middle of March, the social inventory was 20 million tons, an increase of 13.18 million tons or 193.3% over the end of December last year.

The company specializes in hot rolled plates producing, steel plate processing, steel plates cutting, carbon steel plate weldding and exporting of wide and thick steel plates. BBN company has high-quality CNC 16mo3 seamless pipe steel plate cutting processing equipment, professional technical personnel, and supporting marketing and after-sales service system. Sincerely welcome new and old customers to visit our company, BBBN company will always be your reliable choice.

[Enterprise Spirit]: professional, honest, dedicated and innovative.[Enterprise Tenet]: provide customers with satisfactory steel products and services.[Enterprise Policy]: customer satisfaction is our pursuit. The trust of customers is our achievement.[Service Tenet]: to develop the market with quality and grow with sincerity.The company adheres to the commitment of quality first and customer foremost, takes high quality and high efficiency as the service principle, takes mutual benefit and common development as the business purpose.