S460MC cold rolled steel Japan raises steel prices

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 S460MC cold rolled steel s

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 S460MC cold rolled 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.

Composition characteristics of S460MC cold rolled steel product: (1) Low carbon: Due to high requirements for toughness, weldability and cold formability, its carbon content does not exceed 0.20%. 2) Add manganese-based alloying elements. 3) Adding auxiliary elements such as niobium, titanium or vanadium: a small amount of niobium, titanium or vanadium forms fine carbides or carbonitrides in the steel, which is beneficial to obtain fine ferrite grains and improve the strength and toughness of the steel.

The company adheres to the needs of customers, adheres to win-win integrity, and relies on scientific and technological innovation to continue to improve the level of logistics equipment technology and information technology, and enhance the logistics technology research and development and innovation capabilities. Based on market demand and innovation as the driving force for development, the company actively expands the field of logistics services, accelerates the extension of the logistics industry chain, and scientifically advances the diversification of the logistics industry.

According to the latest data released by the world iron and Steel Association, in March 2020, the crude steel production of 64 countries and regions included in the statistics of the organization totaled 147 million tons, down 6.4% year-on-year. In the first quarter, the S460MC cold rolled steel, global crude steel production reached 442 million tons, down 1.3% year-on-year. Because of the new crown epidemic, factories in Europe, the United States and other places were shut down, Global steel production outside China fell the most since the financial crisis.

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