ArcelorMittal USA said A573 Gr 70 steel and A516 Gr 70 carbon plate it was planning to work with the United Steelworkers union "to minimize the impact on its employees. The company will continue to communicate with its customers to understand the mar
ArcelorMittal USA said A573 Gr 70 steel and A516 Gr 70 carbon plate it was planning to work with the United Steelworkers union "to minimize the impact on its employees. The company will continue to communicate with its customers to understand the market impact of the outbreak of covid-19, which may require additional capacity optimization to maintain a balance between supply and demand.
From the perspective of market conditions, today A573 Gr 70 steel and A516 Gr 70 carbon plate spot prices are operating smoothly, futures are volatile, and market acceptance is average. Merchants have a wait-and-see attitude. Low-price transactions are average, while high-price transactions are poor. Most merchants have daily transactions of 200-300 tons. between. For the market outlook, most merchants adopt the mode of selling more and lowering the warehouse, and are cautious about the later market.
With the development of multimodal transport in the international shipping market and the increase of the complexity of the integrated transport chain, modern ports, as the intersection of the three transportation modes of sea, land and air, are developing from traditional transfer and product distribution functions to all-round value-added services, becoming the central link connecting the world's production, exchange, distribution and consumption, and supporting the world economy and international trade An important part of the developed international circulation system.
In March, the global crude steel output outside China fell by 11.89% to 68.08 million tons, the highest decline since 2009. Among the major steel producing regions, the EU led the decline, followed by India, Japan, South Korea and the United States. In the first quarter, the global A573 Gr 70 steel and A516 Gr 70 carbon plate, crude steel output outside China was 209 million tons, down 4.29% year on year.
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