POSCO's Output And Sales Unchanged YOY In Q3
- Nov 05, 2020-
South Korea's POSCO recently release the production results report for the third quarter (Q3) in 2020, which showed that its output and sales recovered to the same level of Q3 2019In the third quarter of 2020. POSCO produced 9.498 million tons of crude steel, increasina by 1.705 million tons or 21.9% MOM but dropping by 0.6% YOY: it saw an output of 8.903 million tons of steel products, up by 1.051 million tons or 13.4% MOM but down by 1.5% YOY. During this period, the common carbon steel products output reached about 8.478 million tons, up by 13.6% MOM but down by 0.7% YOY; the output of stainless steel products was about 425,000t, up by 8.4% MOM but down by 15.3% YOY. POSCO pointed out that the output increase was attributed to the resumption of #3 blast furnace in Kwangyang in early July. After transformation, the volume of this blast furnace expanded from 4.600 cubic meters to 5.500 cubic meters ano its annual production capacity moved up to 4.6 million tons.In the third auarter. POSCO sold steel products of 8.894 million tons. up by 14.6% MOM but down by 0.6% YoY. In particular, the shipments in South Korea reached 4.77 million tons, rising by 536,00Dt from a month earlier and the exports were 4.124 million tons, up by 596.000t MOM. During this period, the company sold 2.142 million tons of high value-added products (WTP), up by 25.2% MOM: it sold 750.00ot of automobile steel. up by 61.6% compared with 464.000t in the second quarter of 2020.
1.Higher Working Pressure Capbility: Under same working pressure, the stress to the sprial welding seam is 75%-90% of striaght seam, so the sprial pipe can bear higher working pressure. Therefore, the wall thickness of sprial pipes can be 10%-25% less than stright seam pipes under same working pressure, saving costs for the material;
2. Good Precision: the tolerance of diameter is usually with in 0.12%, the deflection is less than 1/2000, and ovality is less than 1%, so the sizing and strenghtening works can be saved;
3. High Utilization: the sprial pipes can be continually produced, with less loss of cutting head and end, which can rise the utilization of 6%-8%;
4. Full Range of Sizes: the sprial pipes are ranging from small diameter to large diameter, easier operation than straight seam pipe;
5. Mechanization and Automation
Spiral Pipe Projects
Application of SSAW welding steel pipe
What we can do with SSAW welding steel pipe?
Spiral seam double surface submerged arc steel pipes are used widely in many field,such as fluid,petroleum and natrual gas transportation.Also there are some STANDARDS of PRODUCTS.
• API Spec 5L Line pipeand steel pipe standard;
• BG/T 9711.1-1997 Delivery of petroleum and natrual gasindustrial transportation steel pipe Technical conditions Part 1 Grade-A Steel Pipe;
• GB/T 9711.2-1999 Delivery of petroleum and natrual gasindustrial transportation steel pipe Technical conditions Part 1 Grade-B Steel Pipe;
• SY/T5037-2000 Spiral submerged are welding steel pipe forlow-pressure fluid deliverypipe.