• Improper welding of X80 pipeline may cause cracks
• Brief introduction of API X52 pipeline steel
• The difference between PSL1 and PSL2
• Harm of inclusions in X70 pipeline steel
• API 5L pipeline pipe
• X52 steel plate surface quality standards that need to be met
• The basic production process of API 5L X60 pipeline steel
• The key to Q460D steel welding process
• What does the heat treatment of Q690 Steel include?
• Reasons for choosing Q690D steel

The DNV GL grade D steel sheet price is expected to continue to reach the bottom in June in EU

In May, the flat steel market in Europe continued to decline, just as the same with the previous period. At the end of May, the prices of hot rolled coils, cold rolled steel plates, and hot-dip galvanized steel sheets of EU steel mills continued to decline. The market price of DNV GL grade D steel sheet and so on medium thick steel plate also continued to fall.

The decline of the EU market is mainly affected by the pressure of resource supply. The United States is an important export market for EU DNV GL grade D steel sheet and so on steel resources. The United States announced that it will impose steel and aluminum tariffs on the EU after June 1. With frequent incidents, the integrity of the EU economy is facing great challenges, and the core purpose of the US taxation of the EU is for the EU to make huge concessions in favor of the US in terms of trade and even alliances. It is expected that such negotiations will be difficult to reach. Therefore, the pressure on the European steel market naturally increased.

In addition, the European market is also subject to resource pressure from the Asian market, so under the influence of the US trade war with the steel industry as the first position, it is not surprising that the EU DNV GL grade D steel sheet and so on steel prices have fallen. It is expected that the market price of EU flat steel products will continue to reach the bottom in June.