Hyundai Steel Co. has no plans to cut production further despite weak steel demand due to the coronavirus pandemic, the company's president said. Earlier this year, South Korea's second largest steelmaker reduced its SA283 Grade D mild steel hot rolled technique annual production of hot rolled coils from 1 million tons previously to 700 thousand tons per year for EAFs. A turnaround is expected after the third quarter of this year. In the three months to March 31, Hyundai Steel had a net loss of 88.6 billion won ( million), up from 94.4 trillion won in net profit in the same period last year.
EN10025-6 S690 steel is a quenched and tempered high-strength non-alloy steel plate. The series of grades are S690Q, S690QL, and S690QL1. They are in accordance with the European standard EN10025-6. The steel specified in this standard can be used for the production of hot-rolled plates with steel grades SA283 Grade D mild steel hot rolled technique, S460, S500, S550, S620, S690, S890, S960 series steel plates with a minimum nominal thickness of 3mm and a maximum nominal thickness of ≤150mm.
We have efficient and quick logistic team service. We promise that after the customer places the order, the spot products will be shipped, processed, and cut on the same day. The steel SA283 Grade D mild steel hot rolled technique products will be shipped in 2-5 days according to the characteristics of the product. The company has always been adhering to the service concept of "integrity, pragmatism, enthusiasm" and dedicated to providing our customers with high-quality steel products and after-sales service.
As of early November, China's pig iron output was 24.662 million tons. Although the output of pig iron has declined due to the suspension of production during the heating season, the rate of decline has been slow, still at a high level of over 24.5 million tons. This is 13.5% higher than the same period last year, which makes coke demand good, and the six rounds of increase have landed smoothly. Some areas such as Shandong even appear out of stock.
As leading EN10025-6 S460QL structural steel plates supplier in China, our company has supplied hundreds of thousands tons S460QL steel plates to clients to assist them finish one after another SA283 Grade D mild steel hot rolled technique magnificent projects.