How China Impacts The Global Steel Industry 16mo3 specification

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How China Impacts The Global Steel Industry 16mo3 specification

According to the latest statistics of alacero, the consumption of finished steel 16mo3 specification products in Latin America in 2019 was 64.2 million tons, down 5% from 67.6 million tons in 2018. The decline in steel consumption in the region reflects the economic contraction of Latin American countries, especially the three major economies: Mexico, Argentina and Brazil. The three countries accounted for 87% of the total reduction in 16mo3 specification steel consumption in Latin America. Alacero said the main reasons for the decline in steel consumption in the region are the global economic slowdown, the fall in commodity prices, trade disputes between the United States and its partners, the shrinking world trade 16mo3 specification and political uncertainty, as well as the negative impact on Latin American countries and their neighbors in terms of investment.

At present, China's wear-resistant steel plate grades are divided into six levels, namely NM300, NM360, NM400, NM450, NM500, NM550 and NM600. The wear-resistant steel 16mo3 specification grade adopts the combination of Chinese NM of wear resistance meaning and Brinell hardness (HB) value. For example: NM500, NM is the first universal parent of Chinese "wear resistance", "500" is Brinell hardness value. NM series wear-resistant steel has good wear resistance, which greatly reduces the loss and use cost.

The main competitive means adopted by major domestic ports are to expand ports, build deep-water berths and channels, improve service quality to reduce the comprehensive cost of customers, and at the same time, to improve competitive advantage, we should also take appropriate measures to reduce relevant costs and prices.

Good news: The largest steel importer in Nigeria ordered 4068 tons API 5L X52Q PSL2 3LPE seamless pipes and also ordered 8 pcs 42699.6 m³big diameter Crude oil storage doom roof tank in A537CL2 steel grade. In Sep 2019, This Nigeria client visited our company and factory, they were very satisfied with our company's quality control,production capacity and service. We also have reached a agreement for Phase II Project, It is also with another 10,000 tons APl 5L X52Q PSL2 3LPE seamless pipes.

Judging from the data of the Brazilian automotive industry, in 2020, Brazil's steel plate demand may increase due to the pull of the automotive industry. The Brazilian Steel Dealers Association predicts that, with the support of increased output of automobiles and increased output of agricultural equipment, by 2020, the sales of Brazilian steel plate materials will increase by about 4.0%. We are leading 16mo3 specification, steel plates supplier in the world and have many projects in South America.

We are specialized in offering hot rolled ASTM A516 steel plate, which are used in various engineering applications and can be availed in various grades like carbon steel 16mo3 specification A516 Grade 60 steel plate , A516 Grade 65 steel plate, A516 Grade 70 boiler steel plate, ASTM A516 GRADE 60 plates Trippled Certified, ASTM A516 GRADE 60 Plates Dual Certified. Our boiler plates are available in the form of steel plate, steel sheet, steel sections. If you are interested in 16mo3 specification boiler plate, welcome to contact us.

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