Welcome to BBN High Strength Steels Factory
The Philiphine customer is our old customer, and they are engaged in offshore oilfield resources drilling projects. Thus they have regular steel demands. They ordered 1008 tons API 5L grade B ERW pipes and Q345B seamless pipes from us in April 2018. And told us that is a regular demand almost every two month. Since our first success cooperation, we have cooperated with each other regularly. And they also bring us new opportunities and signification in Philippians market.
The weight of seamless steel pipe is only 1 / 5 of that of square steel. Seamless steel pipe corrosion resistance acid, alkali, salt and atmospheric environment corrosion, high temperature resistance, good impact and fatigue resistance, do not need regular maintenance. The effective service life of product S690QL hardness more than 15 years.
According to the economic development trend in Asia and the economic development of China, India, Japan and ASEAN, it is estimated that the steel consumption in Asia will be 1228 million tons in 2019, with a year-on-year growth of 6.6%; the S690QL hardness steel demand in Asia in 2020 is predicted to be 1.241 billion tons, with a year-on-year growth of 1.1%. According to the S690QL hardness economic development of Europe, it is estimated that the steel consumption in Europe will be 202 million tons in 2019, with a year-on-year decrease of 3.3%; the steel demand in Europe in 2020 is predicted to be 205 million tons, with a year-on-year growth of 1.5%.
The tight supply of coal in Bohai Rim ports has eased, but high-calorie and low-sulfur coal is still in short supply; port resources are tight, traders are reluctant to sell at low prices, and the sentiment remains strong. Although the coal storage of key power plants is relatively high, the coal storage of coastal power plants is in the middle, and the enthusiasm for pulling transportation still exists. As the weather gradually turns colder, downstream power consumption increases, procurement demand continues to increase, and power plants release demand.
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