Hot rolled plate S420MC high-strength steel market supply

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 S420MC high-strength steel

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 S420MC high-strength 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.

Low alloy high strength structural steel is a kind of steel which contains a small amount of alloy elements and is mainly used in construction and engineering structures. Main Chinese steel grades of low alloy high strength structural steel are: Q345A, Q345B, Q345C, Q345D, Q345E, Q390A, Q390B, Q390C, Q390D, Q390E, Q420A, Q420B, Q420C, Q420D, Q420E, Q460C, Q460E, Q500C, Q500D, Q500E, Q550C, Q550D, Q500D, Q620E, Q690C, Q690E, S420MC high-strength steel.

After years of operation and accumulation, the company has formed an operation network covering major economic cities across the country, with a group of high-quality professional logistics technicians and management personnel, strong strength and stable logistics channels. The company's business operations include the loading and unloading of steel raw materials and finished materials, S420MC high-strength steel warehousing, and freight transportation. Our logistics service business has passenger transportation, automobile and construction machinery inspection, logistics information management and operations.

Recently, the S420MC high-strength steel price has fallen into a dilemma, and Tangshan production restriction has started again. When the market transaction is weak, the S420MC high-strength steel price gain support again. Although the high demand is not good at present, which will restrain the rise of S420MC high-strength steel price, the preference of market mentality and cost side make most S420MC high-strength steel manufacturers optimistic about the prosperous season. Therefore, it is expected that the S420MC high-strength steel price will be easy to rise and difficult to fall in the near future, so it is suggested that businesses can make up stocks at low prices.

The automobile steel coil and sheets are one of our main steel materials exported to the overseas. For any questions about automobile steel, for example, JIS G3113 SAPH440 S420MC high-strength steel chemical & mechanical composition, S355MC material specification, S700MC material properties, QSTE 380 TM equivalent, please contact us freely. Our sales person and technician will give you professional answers. And welcome to consult us about automobile steel price.