Hyundai Steel Has No Plan To Cut Output

- May 17, 2020-

Hyundai Steel does not have a plan for any further output cut, despite weak steel demand due to the covD.19 pandemic, its chief said last FridayEarlier this year, Hyundai Steel revised its annual production of hot-rolled coils from its electric arc furrace to 700.000 tons from the previous 1 million tons.Hyundai Steel has three blast furnaces and an electric arc furnace, also known as a mini-mill, at its steel mill in Dangin, about 120 kilometers south of SeoulOn Friday, Hyundai Steel chief executive Ahn Tong-il told that the company won't stop operating a blast furnace to reduce output. He said he expects a turnaround after the third quarter of this year.For the three months that ended March 31. Hyundai Steel posted a net loss of 88.6 billion won (USS72 million), shifting from a net profit of 94.4 trillion won a year earlier.

Specifications List
Product name
anti corrosion steel pipe
API, ASTM, DIN, GB, JIS, API 5L, ASTM A213-2001, ASTM A333-2005, ASTM A335-2006, DIN 17175, GB 3087-1999, GB 5310-1995, GB
6479-2000, GB 9948-2006, GB/T 9711.2-1999, JIS G3458-2005
10#/45#, API J55,  Q195/Q345, 20#, API J55, API K55, API L80, API N80, API P110, 
13CrMo44, 15CrMo, Q235
PU coating, fiber glass coating, coal tar epoxy coating, painting coating, FBE coating, 3PP coating, 3PE coating
It is widely used in fluid pipe,drill pipe,gas pipe,hydraulic pipe,etc
Packing in bundle with steel strips; with seaworthy package at the end; could be done with your requirement.
API 5L, ISO9001, SGS
under $10,000, pay in full / over $10,000, pay 30% T/T advance as deposit, and 70%T/T the balance before shipment


Q1. How long can make delivery?
A: For stock products,will make shipments in 2-5 days after receiving deposit or receiving T/T;
for products need new production for common materials,usually make shipments in 7-10 days;
for products need new special and rare materials,usually need 15-20 days to make shipment.

Q2. Can you provide the samples?
A:Samples can be provided with samples' charge and courier fee by the buyer's side.

Q3. What's your payment terms?
A: under $10,000, pay in full / over $10,000, pay 30% T/T advance as deposit, and 70%T/T the balance before shipment

Q4. How do you ship the goods and how long does it take to arrive?
A: We usually ship by DHL, UPS, FedEx or TNT. It usually takes 3-5 days to arrive.
Airline and sea shipping also optional.
For mass products, ship freight is prefered.

Q5. Can you accept customize?
A: Yes. It can be customized as per the customers' request.

Q6. How to ensure the quality?
A:Mill Test Certificate is supplied with shipment.
If needed, a Third Party Inspection is acceptable or SGS.