According to the latest statistics of alacero, the consumption of finished steel jis s45c structural mild steel bar 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 jis s45c structural mild steel bar 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 jis s45c structural mild steel bar and political uncertainty, as well as the negative impact on Latin American countries and their neighbors in terms of investment.
According to the guarantee conditions of delivery, China and some countries divide the ordinary carbon steel into three categories: Class A steel, which only guarantees the mechanical properties, not the chemical compositions； Class B steel, which only guarantees the chemical compositions, not the mechanical properties; special steel (Class C steel), which not only guarantees the chemical compositions, but also the mechanical properties. Class C steel jis s45c structural mild steel bar is often used to manufacture important structural parts. Density of ordinary carbon steel: 7.85 g / cm3.
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In terms of inventory, the recent arrival of new jis s45c structural mild steel bar resources is relatively small. Due to the high ordering cost, the weakening of merchants' purchasing enthusiasm, and the rapid production of steel mills, resulting in the shortage of some jis s45c structural mild steel bar specifications. On the whole, the market has a strong wait-and-see mood. The ex factory prices of steel mills are strong and some resources are in short supply. It is expected that jis s45c structural mild steel bar prices will continue the high consolidation operation tomorrow.
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