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For the estimation in April and the second quarter, the estimation on March 16 is still valid, but the decrease in April is 10% higher than the neutral prediction. It is a conservative estimation based on 10% for the high probability event. In the second quarter, the output of overseas pig iron will be reduced by 11.67 million tons, affecting the demand for SMA490AP atmospheric corrosion resisting steel iron ore of about 1.84 million tons; in the first half of the year, the output will be reduced by 18.899 million tons, affecting the demand for iron ore of 32.13 million tons.
SMA490AP atmospheric corrosion resisting steel, ASTM A302 Grade B/A302 Gr.B vessel plates boiler steel sheets are manganese-molybdeum-nickel alloy steel plates, which are widely used in petroleum, chemical industry, power station, boiler, etc, to make the reactor, heat exchanger, separator, spherical tank, liquefied gas, nuclear reactor pressure vessel, boiler steam drum steam, liquefied petroleum, hydropower station and so on.
The S355 steel material itself is divided into many grades, so it cannot be said that S355 is equivalent to which grade of the national standard Q345, SMA490AP atmospheric corrosion resisting steel. In engineering, usually S355JR steel is equivalent to Q345B steel, S355J0 steel is equivalent to Q345C steel, S355J2 steel is equivalent to Q345D steel, S355N steel is equivalent to Q345D steel, and S355NL steel is equivalent to Q345E steel.
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