Tangshan on August 4 Q295NH railway steel industry market price

According to the separate performance report released by India's Jindal stainless steel (Sisal) Co., Ltd. (JSHL), as of March 31, 2020, due to the global economic slowdown, epidemic situation, imports and other factors, its Q295NH railway steel stainless steel sales decreased by about 10% to 600000 tons from 667000 tons in the previous fiscal year, and its net sales decreased by nearly 7% to 83.396.9 billion rupees, with the same gross operating profit (EBITDA) After tax profit increased by 22.4% to 3.203 billion rupees. The adoption of the new tax system has a positive impact of RS 220 million on after tax profits.

The ASTM A572 Q295NH railway steel specification refers to high-strength low-alloy steel plates used in structural buildings. Among the five steel grades 42, 50, 55, 60 and 65, grade 50 is the most common in applications requiring higher strength and lighter weight. One of the Q295NH railway steel steels, the steel plate of this brand other than ordinary carbon steel is used, so that the steel structure has the same steel strength, but the weight is lighter.

Japan is a typical shipping first, and its raw materials are imported from Oceania, central and South America and other Asian countries. Most of the Q295NH railway steel steel produced is exported to China and other Asian countries, and a small amount is exported to America. Shipping is the main way of its Q295NH railway steel steel international transportation. According to the data, steel goods account for about 20% of the total sea freight in Japan. The domestic transportation of Japanese steel is mainly truck.

The Seamless Pipe Q345D to Thailand. In November of 2015, Thailand OTTO group contacted with us from Internet. They are finding the trustable supplier of S355/2H seamless pipe for the cable car supporter. Due to the special using of the pipes, they are very careful and serious when choosing the supplier. After one months contact and discussion by email, they come to our company. We drive to the pipe mill for visit of 2 days. Through this visit, they are very confident with our production ability and products quality. Finally, they accept the grade we suggest Q345D. After back to office, they put the order of 1800 tons pipe to us directly.

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 Q295NH railway steel, 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 Q295NH railway steel in the short term may be in weak consolidation operation.

We are engaged in Q295NH railway steel corten steel, weathering steel, atmosphere corrosion resistant steel materials. After receiving your inquiry about the weathering steel, we will make quotation for you at the first time. Meanwhile, our professional team can give you valuable answers about all kinds of question about the weathering steel. For example, corten steel cost per square foot, S355J2WP equivalent, Q295NH railway steel ASTM A242 steel properties, A588 steel yield strength, etc. If you have any demands or questions about weathering steel, please feel free to contact us.

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