Forecast of 16mo3 steel for railway carriage building materials price

On Jan. 31, 2019, BBN steel held the annual meeting with all employees, family members, and friends. It is a moment of joyand it is a moment to summarize the past and look forward.Looking back on 2018, BBN steel exported 16mo3 steel for railway carriage more than 2 million tons of steel materials to all parts of the world and made outstanding contributions to infrastructure construction at home and abroad. In 2019, BBN steel will make 16mo3 steel for railway carriage persistent efforts and forge ahead.

Q370R steel and 15CrMoR plates have low sulfur and phosphorus content, and have good comprehensive mechanical properties, welding performance and low temperature impact toughness. Q370R low alloy steel is suitable for manufacturing medium temperature and low pressure pressure vessels and their accessories. 16mo3 steel for railway carriage, 15CrMoR material has low sulfur and phosphorus content, and has good welding performance and impact toughness.

The company's logistics uses third-party logistics. This logistics model plays an important role in improving the efficiency of our business operations. Third-party logistics is an important form of logistics specialization. As a company specializing in logistics, third-party logistics companies have a wealth of experts who specialize in logistics operations, which is conducive to ensuring the professional production of the company, reducing costs, and improving logistics level of the company. Both the customers and the company benefit from the logystics mode.

In April 2018, our Philiphine customer purchased 1008 Tons API5L Gr.B ERW&Q345B SMLS pipe for offshore oil field resources drilling project. This is a regular demand almost two month, and we has been cooperated more than three times, totally around 2100 tons steel pipe since 2015 year.

Due to the low level of futures trading, the business sentiment is slightly pessimistic. Affected by the market downturn, the purchasing power of downstream 16mo3 steel for railway carriage users has decreased, and the mentality of looking down is gradually rising. Some businesses give up profits to promote transaction. The market trading atmosphere is still relatively light, the steel demand release is slow, and the terminal delivery capacity is weak. In addition, the market has been rising for two days, the downstream fear of heights is strong. The market has entered consolidation stage again. Considering the low inventory pressure, it is expected that 16mo3 steel for railway carriage prices will fall down and adjust in some cases tomorrow.

The company's products 16mo3 steel for railway carriage have excellent quality, reasonable prices and strong usability, and are well received by users. Survive by quality, expand the market with integrity, continuously research and develop new products, expand varieties, to meet market demand, and make the company continue to grow. The needs and interests of users are our high philosophy of service and commitment, and customer satisfaction is our eternal pursuit.

Company tenet: first class quality and service to create corporate brand.Business philosophy: people-oriented, innovation, continuous improvement, the pursuit of excellence. Quality policy: carry forward the quality spirit, build a perfect quality management system, and put the quality strategy into every detail of the company's daily work.Environmental policy: waste reduction and pollution prevention, continuous improvement, and environmental protection.