South Korean a573-70 carbon plate steel industry said that the slowdown in economic growth superimposed on the impact of the epidemic, steel demand weakened, exports were sluggish, enterprises are facing huge operating pressure. Due to the delay in the resumption of work of Chinese a573-70 carbon plate steel enterprises, the steel inventory is growing rapidly. According to statistics, China's steel circulation inventory reached 23.75 million tons in February, the highest since 2006, with an estimated total inventory of 33.45 million tons.
GB / T1591 Q345D steel is a commonly used low alloy plate in China. It is equivalent to grade S355J2 in Germany and ASTM A529MGr50 in the United States, with slightly different chemical composition and the same mechanical properties. Under normal delivery conditions, a573-70 carbon plate, Q345D steel equivalent to S355J2G3 in European standard, and even almost the same performance as the S355J2G4. They can be used interchangeably.
Japan is a typical shipping first, and its raw materials are imported from Oceania, central and South America and other Asian countries. Most of the a573-70 carbon plate steel produced is exported to China and other Asian countries, and a small amount is exported to America. Shipping is the main way of its a573-70 carbon plate steel international transportation. According to the data, steel goods account for about 20% of the total sea freight in Japan. The domestic transportation of Japanese steel is mainly truck.
On March 26, 2020, the Mexican Ministry of Economic Affairs issued an announcement in the official gazette that the fourth anti-dumping sunset review investigation was initiated on a573-70 carbon plate, hot rolled steel plates originating in Russia and Ukraine and boron-containing hot rolled steel plates originating in Russia. The TIGIE tax numbers of the steel products involved are 7208.10.99, 7208.26.01, 7208.27.01, 7208.38.01, 7208.39.01, 7225.30.04, 7225.30.05, 7225.40.03 and 7225.40.04.
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