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Oil and gas prices rise, the steel industry is gratifying

In 2021, under the influence of factors such as limited production increase, the spread of the new crown pneumonia epidemic, geopolitics, extreme weather, and global inflation, market demand expectations have repeatedly flipped, and the balance of supply and demand has been continuously adjusted. Although oil prices have dropped and fluctuated several times throughout the year, But overall it is still up.

 

In terms of natural gas, since the beginning of 2021, the price of natural gas in the European futures market has soared, once exceeding $2,000 per thousand cubic meters, an increase of as much as 800% compared to the beginning of 2021. There is a huge gap in the EU's natural gas supply due to tensions between the EU and Russia.

 

As the world's giants in the supply of seamless steel pipes, especially oil and gas pipes, Tenaris and Vallourec's operating performance in 2021 will also "rise".

 

The trend of the steel industry is gratifying. If you have plans to purchase steel, please contact us immediately.


EN10025-2 S275J2 is one of our most popular steel plates recently:

 

EN10025-2 S275J2 1.0145 non-alloy quality structural steel plates chemical composition and mechanical properties:


Grade

Chemical composition % MAX

Thickness(MM)

C

Mn

Si

P

S

N

Cu

S275J2

≦40

0.18

1.5

~

0.025

0.025

0.012

0.55

>40

0.18

 

Mechanical properties MIN

 

Yield Strength
MPa

Tensile Strength
MPa

Elongation in 2 in.
%

≦16

275

410-580

13

>16, ≦100

235

>100

195

410-580

EN10025-2 S275J2 1.0145 non-alloy quality structural steel plates are usually used for manufacturing plant, general building and all kinds of engineering machinery, such as drilling rig, mining car, excavator, loader, bulldozer, electric shovel, electric wheel dumper, crane, coal mine hydraulic support and other mechanical equipment and other structural parts.