
The company adheres to the principle of integrity, standardization and efficiency, wins the market with technology, gains reputation with creative services, and wholeheartedly provides customers with high-quality SA514 Gr B steel plate, efficient and fast services. Facing the future, adhere to independent innovation.
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 SA514 Gr B steel plate 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.
Bridge steel SA514 Gr B steel plate is required to have higher strength, toughness, load and impact of rolling stock, and good fatigue resistance, low temperature toughness and atmospheric corrosion resistance. With the development of domestic railway construction towards high speed and heavy load, railway bridge steel developing in the direction of high speed, heavy load, long span, beautiful and novel structure, and full welding, higher requirements are imposed on the properties of steel for bridges. In particular, the development of cross-sea bridges has put forward higher requirements on the corrosion resistance of steel for bridges.
Tianjin warehouse mainly stores steel plates and steel pipes. The monthly replenishment is about 12000 tons. Our inventory cycle is short and flexible. Shanghai warehouse mainly stores SA514 Gr B steel plate ,steel plate and section steel. The average monthly purchase volume is about 15000 tons. The geographical location of the warehouse has greatly improved our performance in terms of transportation and delivery time.
Steel production and rolling technology and equipment also pursue the continuity between processes, such as the continuous SA514 Gr B steel plate process between continuous casting and rolling mills, continuous casting slabs hot transfer hot charging, increased direct rolling, and continuous cold rolling processes. The development of controlled rolling and controlled cooling technology that combines rolling and heat treatment has played a huge role in improving the properties of rolled materials.
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