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"As Covid 19 spreads around the world, all unnecessary businesses and factories have been closed in Italy this week. South Korea's POSCO, the world's fifth-largest steelmaker, announced on March 24th that it would close its S355J2W chemistry wire-processing centre near the northern Italian city of Verona from Thursday March 26th until April 3rd. POSCO has already closed two wire-processing centres in Delhi and Pune. Two wire processing centers in Malaysia and Thailand also announced last week that they will be closed until March 31."
The carbon S355J2W chemistry content of the pipeline steel is required to be low, and the strength of the pipeline steel is ensured by increasing the manganese content and adding trace elements such as niobium, titanium, vanadium and molybdenum. For pipeline steel, in addition to the required strength and plasticity index, the requirement for toughness index is an outstanding feature, including the impact energy of pipeline steel plate, impact transition temperature and toughness index of welding heat affected zone and welding metal. In addition, there are requirements for strain aging, weldability, stress corrosion and other indicators.
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.
The Egypt customer ordered 130 tons S355J2W chemistry stainless steel plate in stock, and this batch has left port today for its destination today(October 25th, 2019). 316l stainless steel is molybdenum-bearing austenitic stainless steel. This material has better corrosion resistant property than 304/314L for it's higher Ni and Mo content. (it is considered to be marine grade stainless steel, not suitable for warm sea water treatment). 316L austenitic stainless steel supplied by our company has good formability and weldablity, additionally it is proved to have excellent properties of tensile, creep and stress-rupture strengths in elevated temperature environment.
The market mentality tended to be cautious, and the market prices in most regions were adjusted in a narrow range. In terms of resources, the current market inventory continues to digest, but due to the high output of S355J2W chemistry, and the off-season effect of downstream demand is still continuing, resulting in a slow de stocking speed. In the short term, in the case of poor shipment of high price resources and cautious market mentality, it is expected that the price of S355J2W chemistry in the short term may be in weak consolidation operation.
Our company is one of the famous steel suppliers in China, specializing in the production of steel plates, steel pipes and other steel products. If you are interested in steel products, or need to purchase a large number of S355J2W chemistry steel plates and pipes. Please contact our company directly, we will provide the most favorable price and the most perfect system, our employees have professional product knowledge. We hope to provide you with high quality products.
Our company has a strong, professional R & D team and advanced and perfect sales service concept, which makes our S355J2W chemistry products have a high visibility and market share at home and abroad. At the same time, we will always bear the principle of "credit first, customer first", always put the interests of customers first, and wholeheartedly provide each of our customers with the best products and services.
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