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 sa573gr.65 mild steel hot ro
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 sa573gr.65 mild steel hot ro
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 sa573gr.65 mild steel hot rolled 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.
How to distinguish the inferior steel plate? 1. The surface of the fake and inferior steel plate is easy to produce scab. 2. The material of fake and inferior steel plate is not uniform and there are many impurities. The surface of fake and inferior steel plate is often pitted. Pitting is an irregular and uneven defect on the surface of sa573gr.65 mild steel hot rolled plate, steel plate caused by serious wear of rolling groove. Due to the pursuit of profit by the manufacturers of fake and inferior steel plates, the groove rolling often exceeds the standard.
EN 10025-2 is standard for hot rolled products of structural steels. EN 10025-2 steel grades are sa573gr.65 mild steel hot rolled plate, S235JR, S235J0, S235J2 (S235 series); S275JR, S275J0, S275J2 (S275 series); S355JR, S355J0, S355J2, S355K2 (S355 series); and S450J0. The numbers 235, 275, 355, 450 indicates the min. yield strength for thickness ≤16mm. For example, when the thickness ≤16mm, the min. yield strength for S235 series steel is 235Mpa, S275 series steel is 275Mpa, S355 series steel is 355Mpa, and S450J0 steel is 450Mpa.
The company operates on the principles of fairness, objectivity, science, pragmatism and integrity. The management treats people with courtesy, takes sincerity as the standard management, dares to open up, unites and advances, carries on the past and makes unremitting efforts, seizes the good trend of economic development, strengthens exchanges with peers, makes friends with all walks of life, keeps pace with the times and creates greater brilliance of the enterprise, and makes its own contribution to the prosperity and development of the steel industry.
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