Forecast of hot rolled 08CuPVRE steel price

According to the separate performance report released by India's Jindal stainless steel (Sisal) Co., Ltd. (JSHL), as of March 31, 2020, due to the global economic slowdown, epidemic situation, imports and other factors, its hot rolled 08CUPVRE steel stainless steel sales decreased by about 10% to 600000 tons from 667000 tons in the previous fiscal year, and its net sales decreased by nearly 7% to 83.396.9 billion rupees, with the same gross operating profit (EBITDA) After tax profit increased by 22.4% to 3.203 billion rupees. The adoption of the new tax system has a positive impact of RS 220 million on after tax profits.

The company produces export various steel grades of boiler plates: Q345D steel plate, Q345E boiler plate, Q345R boiler plate, Q345R steel plate manufacturers, Q345R boiler plate prices, P355GH boiler plate, 16Mo3 boiler plate, 16MnR boiler plate, 15CrMoR pressure vessel plate, SA516GR60 boiler plate, hot rolled 08CUPVRE steel, 20G steel. Boiler plates size range: thickness 8-650mm, width 1500-4020mm. Besides, we also can supply boiler plates various shapes with deep processing service.

The company's logistics team adheres to the development concept of “gathering advantages, providing superior services, creating value, and leading the market”, and tightly focuses on the strategic positioning of “developing large-scale steel logistics and building large-scale steel supermarkets”. Facing the whole country and integrating into the world to build an "one center, one network" international circulation system. Through the development of 5-10 years, it is expected to form a modern steel industry with annual operating income exceeding 2.5 billion yuan.

Bangladesh is an important market to us. We cooperated with the National Railway, the National Tubes Limited (NTL) and so on state-owned enterprises. They have tenders regularly. And we would participate the tenders with our local agents. We have been the winner of NTL tenders for many times. API 5L grade B steel strips are their needed hot rolled 08CUPVRE steel materials. They have special chemical composition, tolerance and so on requirements. We can fully meet their demands and guarantee timely delivery.

The recent improvement in demand is also reflected in hot rolled 08CUPVRE steel social inventory. This year, the growth rate of hot rolled 08CUPVRE steel social inventory has slowed down compared with the same period last year, which indirectly reflects that the demand of hot rolled 08CUPVRE steel this year is better than that of last year. In addition, hot rolled 08CUPVRE steel production, which has set new highs again and again, has slowed down this month, with a slight decline. The decline of hot rolled 08CUPVRE steel production will also alleviate the relationship between supply and demand.

We are committed to providing customers with high-quality services, high-precision products and efficient solutions. If you have any demand for hot rolled 08CUPVRE steel steel plate, steel pipe and other products, please contact us directly. We are willing to provide you with relevant product knowledge and specific specifications for free. Welcome to purchase.

Management concept: integrity is the cornerstone, talent is the foundation, and service is the key.Business philosophy: to keep faith, to win by quality, customer first, win-win development.Based on integrity, win customers with good reputation, win competition with excellent product quality, improve service with customer orientation, and pursue the goal of win-win development in cooperation with customers.Sincerely welcome customers to visit and negotiate business.