sa573 gr.70 structural steel mild plate China steel plate prices keep rising

Turkey produced 8.97 million metric tons of crude steel in the first quarter, with a 9.6 percent increase from the same month of last year. Iran's crude sa573 gr.70 structural steel mild plate steel production in March amounted to 6.75 million mt. up by 13.2 percent year on year. The CIS registered a sa573 gr.70 structural steel mild plate crude steel output of 25.15 million mt. falling by 0.6 on year-on-year basis, with Russia producing 17.9 million mt, down by one percent, and Ukraine producing 5.32 million mt, falling by 3.4 percent, both on year-on-year basis.

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In particular, the EU imports a large amount of iron ore from central and South America and Oceania, which are mainly transported by sea. The perfect port infrastructure makes the port operation cost of EU iron ore raw materials import relatively low. However, the sa573 gr.70 structural steel mild plate steel transportation between EU Member States is mainly railway transportation, and the EU member states have established a very developed railway network and railway information infrastructure.

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 sa573 gr.70 structural steel mild plate, crude steel output outside China was 209 million tons, down 4.29% year on year.

Our company stocks a wide range of hot rolled carbon steel plate distributed globally from our service centers in the U.S., Canada, Mexico, U.K, France, Shanghai, and Singapore. Customers calling for sa573 gr.70 structural steel mild plate A516 a lot of times are also trying to get their arms around forecast issues. As our customers continue to work on their forecasts, IRON & Steel has options to help you conduct structured forecast reviews and put inventory strategies in place to effectively manage any impact from forecast variability.