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 SA572 Grade 50, Q345C, SM570 low alloy 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.
Our company's technical department is the core department of the whole company. There are a group of very professional technical personnel. They provide some architectural drawings according to the ideas of customers, and they are responsible for how to select the right materials. Including the evaluation of steel products such as multi steel plate, SA572 Grade 50, Q345C, SM570 low alloy and steel pipe, grasp the whole production process, and strictly follow the production standards and customer quality requirements.
BBNSteel served SA 516 GR 70 boiler quality plates to many industries like oil, gas, petrochemicals and because of having a high demand for sa516 Grade 70 boiler steel plates by our worldwide clients. We ensure that the SA572 Grade 50, Q345C, SM570 low alloy material is always in stock and available to you from our warehouse. So we always make sure to provide all the ordered products on time with our big delivery network.
S500MC hot-rolled high-strength steel chemical composition (melting analysis)%C: ≤0.12, Si: ≤0.50, Mn: ≤1.60, P: ≤0.25, S: ≤0.020, Ait: ≥0.015, Nb: ≤0.09, V: ≤0.20, Ti: ≤0.15Mechanical propertiesYield strength MPa: ≥500Tensile strength MPa: 550-700Elongation: ≥12
In 2016. Our company offer 1200 tons API 5L GR.B hot rolled coil to Bangladesh——100 tons for 3.9*625mm, and 1100 tons for 7*683mm. It is one tender project, we get the tender at the end of 2015, and arrange the production in 2016. They required the tolerance of thickness is +0.1/-0.2mm, and width tolerance is +/-0.5mm, which is a very high requirement for coil tolerance, but our mill handling this very well. and our Q/C department witness all of the process.
The alloy steel plate is among our business scope, and it is one of our main product. If you have any demands or questions about alloy steel plate, such as 34CrMo4 SA572 Grade 50, Q345C, SM570 low alloy material properties, 42CrMo4 AISI equivalent, 12Cr1MoV equivalent ASTM, 40Cr material specification, 42CrMo hardness, 50CrMo4 chemical composition and so on, please free free to communicate with us. We have professional technical team and sales team, who will give you SA572 Grade 50, Q345C, SM570 low alloy professional answers and quotation about alloy steel plate in time.