About: Phoenix

On December 18, the intraday price of the main domestic iron ore futures contract reached 1132.5 RMB/ton.It was double the price of 511RMB per ton at the lowest point during the year, setting the highest record during these 8 years. The crazy material cost of Iron Ore, makes the 4140 steel plate price increased in a higher level.

Since 2015, China’s foreign dependence on iron ore has exceeded 80%. It is higher than our country’s foreign dependence on crude oil (70%). In 2019, China’s iron ore imports reached 1.069 billion tons. It is of which 665 million tons came from Australia and 229 million tons came from Brazil. The former accounted for 62% the latter accounted for 21%.

Analysis shows  the imbalance between supply and demand is the main reason. It is affected by the increase of funds under the monetary easing. In 2021, major mines in Australia and Brazil will have few new capacity additions. While global steel production will continue to increase. And iron ore supply and demand will be further imbalanced. The recent surge in iron ore prices is an early response to this. Iron ore supply may continue to be tight in the next few years.The industry predicts the price of iron ore will still fluctuate at a high level in 2021.  it may be in the range of 20%-65% higher than the average price in 2020.

And most of the customers keep waiting and expecting the  4140 steel plate price be reduced in 2021.

But from current situation, the 4140 steel plate price and other steel cost must be increasing. So the sooner you make the purchasing planning, the better price you could have. Normally the faithful words can’t not be heard.Some customers are very regret on not buying in last Dec, now they spent more cost fee on the purchasing. And for some people are still keeping waiting and watching at this moment, they will have the same bad experience after weeks and months.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email:jack@otaisteel.com

How time flies, now it is the last month of this year. Sometimes I feel that we just started to work in this year, but suddenly the end of year is coming. But OTAI who mainly supply the 4140 steel flat bar hope that this unlucky year could be ended soon. So that we could have a new, lucky, happy and healthy year in 2021.

Our OTAI mainly supply the tool steel, alloy steel and high speed steel for more than 21years. We keep daily more than 1200Tons especially for the 4140 steel grade. There are some customers buy the 4140 steel plates directly, and the width is ranged in 2000-2300mm. But the original length from the mill is 6000-12000mm, for fitting the 20GP container, we will help to cut it less than 5800mm.And some customers may ask us to cut it as their request size flat bar.

Professionally, our company will cut it into 4140 steel flat bar by using the saw cutting.

Here we have the warm tips for those customers cut flat bar by themselves.The 4140 steel flat bar could not be cutting in fire cutting. That is because when make the fire cutting, the temperature is about 1000 degree. During proceed the cutting edge, this high temperature is meaning on making the quenching, it will make the hardness harder. What is more, it will affect the cutting part even make it crack.

By the way, we are sharing here for the difference between the saw cutting and fire cutting.Fire cutting:  The cutting price is much cheaper than the saw cutting, and the speed is fast, but the wastage is very big. Saw cutting: The price is higher than the fire cutting, the speed is slower, but the wastage is very small.

So we did not just focus our eyes on the price, the most important thing is the quality assurance. OTAI Special steel undertakes the quality as a crucial company strategy. Taking on an open, transparent and sincere attitude, OTAI is willing to work with all customers and partners to jointly supply top quality tool steel everywhere.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

Recently, we developed a new customer in overseas. We knew each other by google searching.

And he is so happy to hear that our OTAI is the largest stockist in south of China.  Because of the cutting machines limitation, they can only order the 4140 alloy steel flat bar no wider than 600mm width. The price is better than he used to buy from local. It really is very good for him if they could develop a new supplier. But they need some time on the investigation. At this moment, it is impossible to have the business trip by visiting us from abroad to China because of the COVID-19.

Even the COVID-19 made the visiting plan delayed, but it will not stop and delay our new cooperation. So we suggest the customer to come to visit us by his good friend in China.And his friend came to our warehouse for the visiting and on-site investigation.

First

We checked our testing room for the Chemical Spectrometer, it is used for testing the chemical composition. And the Ultrasonic Tester for checking the inside quality of steel material. At last the hardness tester for testing the hardness.We have the toured around our warehouse for the 4140 steel plates and 4140 alloy steel flat bar stock and some round bars stock.

At the end

The customer’s friend is so surprised to see our different machines. That is CNC flame cutting machine, huge vertical saw cutting and the band saw cutting. Besides, we even have the single and double milled machines for milling bright surface! He really is very impressive on our one stop solution service.

He considered that we are the large stockist with the 21years experience on this steel field. And we have the qualified quality by ISO cert and accredited by Thyssenkrupp. So in next day, the abroad customer placed the 4140 alloy steel flat bar order to us immediately. We are really much appreciated for these new customers’ trust on us, the best we can do and give back to you is our guaranteed quality and service.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

Our OTAI have the large stock of 4140 plate sizes available in our warehouse. The thickness is ranged from 6-300mm. So customers could have the complete size for their choosing.

And recently, we got the inquiry from a new customer about this 4140 plate sizes. He reflected that our quotation is higher than other suppliers a lot. It is meaningless to check what he said is true or not true. The most important thing is we could prove and show that you are deserved to have the guaranteed quality from us. Someone may be looking for the lower price, and someone might be seeking for the good and guaranteed quality. But someone if look for the top good quality but lower price, it should be impossible.

In fact, the prices of these common steel grades are very transparent among Chinese brand steel mills.

The steel brand mills we work are Bao Steel, Wuyang Iron and steel, Changcheng Special steel, Valin Iron and steel, Xinyu Steel, Xincheng Special Steel, Shougang and so on. Maybe some customers have a little understanding of the Chinese steel market. Some suppliersmay source from the small manufaturers to produce these steels in order to reduce the cost and win the orders. In this way, the price is much cheaper than that of brand steel mills. Of course, there is definitely difference between their quality.  Our company does not do business once or twice for customers. we always are seeking long-term cooperation with them.

so we are not willing to sacrifice our good reputation to get one or two orders from customers by sourcing the cheap price with lower quality.We clearly know that we will lost the eternal trust from customers at the end. And our OTAI supply the 4140 plate sizes and other different tool steel material for more than 21years. We do believe that only Quality can make us go further longer and stronger not the price!So let’s to be together always for this common goal and keep this original intention forever.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

Recently, many multiple sizes for the 4140 plates are arriving at our warehouse from the brands mill. So I updated the stock list of 4140 plate for sale to our customers friends.

I met a customer, she is asking for the quotation of our stock 4140 plate for sale. But she was cheated by other supplier before. It seems that she is very difficult to believe someone especially for the new supplier.

For the 4140 plate is our running stock item, she is requested to make the 100%payment before delivery. And we explained to her that it is OK if it is picked from the stock size directly. But she preferred it needs to be the same terms if she requests the customized cutting size. In this way, it really is difficult for us if there is no deposit. As if we cut it to customized size, once the order is changed or canceled, we will have a big loss. This tailor-made size will be difficult to sell to other customers.

Sometimes, when we met someone, cooperated with someone and to be good friends with each other. It really needs a great fate. This fate is from mutual trust and sincere.

Our OTAI is not doing business for only one or two days.

We are not only doing business only for one or two customers. Our company is keeping to seek long-term development based on good faith. Since these 21 years, we have cooperated with all our overseas customers with sincere attitudes.

So sometimes it’s useless to say too much because someone won’t listen to you so much. Then we might as well do more to let them see our integrity. Come and with us, if you have any request on the steel items. Now we are having the 4140 plate for sale. You never know until you try, and you will be happy and lucky to find us here as a reliable supplier.  Doing is believing!

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

4140 q&t plate, it is usually used on making shafts, different gears, connecting rods, engine cylinders, springs and fishing tools. Recently, I communicated with my customer friend, she is asking for the 4140 q&t plate inquiry. But it seems that it is difficult for her to trust a new customer because she experienced the cheated by some Chinese suppliers before.

Here following is the experience she shared with us.When I bought the steel in 2 containers, and I received an equivalent with no nickel, I placed my complaint and they said the material work the same way as a real steel grade. But that is not truth, I had to scrap the material and lost a lot of money.

Second I was working with a supplier in hollow bar, several shippments with no problem and suddenly he delivered a material with tags with different description as in invoice. Customs stop my shippment for more than 6 months. Finally we pay in delays per container, truck and fines. The supplier just said they did that in order to avoid the Chinese tax. I try to sue them, but a lawyer in china told me. I did not have any possibility to win in a Chinese court.
And she said there is a lot of ghost companies with spectacular web pages, unfortunately a lot of companies are being cheated by these companies.

And I am so appreciated for her open sharing such details to me. It really is not the first time I hear from our new customer to share their cheated experience from other suppliers. So it is true that customers can’t just focus your points on the cheap price. Seeing is believing, but mostly, we can not visit the company on site. Like this year, because of the virus, it does not make sense to visit.

But we could spend some time on knowing more about the background of this company.

*Like the quality certificate, and which famous brand company they supply for.

*Learn that how the supplier to control the quality, checking and testing.

*Ask the 3rd party test center to the factory to make the testing accordingly if possible.

*Make some trial order or small order when you work with the new supplier at the 1st time. So that you could see what is the actual performance the supplier do.

OTAI keep the stock 4140 q&t plate and hot rolled plates in daily 800-1000Tons at warehouse. We always welcome all our new customers to know more about us. We will open share our true us to you.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

In our OTAI company, the 4140 plate material is our hot sell item ranked in Top1 in every year.And some customers asked that what this material will be used on? It could be applied on the Super charge Drive gear, large gear, Rear Axle. Besides, it could be applied on Spring clamp, connecting Rod, Tool joint.

For to be win-win with our overseas stockist partner together, from now on, our company will give the more great support to our partner. We are looking for the exclusive Agent partner for this 4140 plate material in different country. You do will have great favourable conditions if work with us as the exclusive agent partner.

First, the very competitive price specially only for you.

Secondly, you will have the 4140 plate material exclusive supply from us, so that you become the sole distributor in your local market.

Fast delivery date for the immediate shipment, so that you could make the inventory supplement in any time.

And we will give additional discount in the early of each year if the purchasing quantity reached a certain quantity.

It is for the longterm development and cooperation, so especially for the new customer, you will have not any worries about the quality.

For other more details, we could discuss it in deeply between each other, so that we conclude our common agreement on our win-win cooperation.

Now most of the stockist who sold 4140 plate material very often, they are so very happy and excited to see that we have this win-win policy. We sincerely hope our business could grow up together. Common long-term and fast development is our original intention and ultimate goal. Let us not forget our original intentions and run ahead.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

Our company promoted the 34CrNiMo6 steel material for the SPECIAL OFFER. The diameter is 35-130mm.

34CrNiMo6 steel after tempering, it is used to make important parts. The parts require good plasticity, high strength and large size. Such as high-load shafts in heavy machinery, steam turbine shafts with a diameter greater than 250mm. It also be used for rotor shafts and blades with operating temperatures exceeding 400°C. In addition, this steel can also be used to make important parts with special performance requirements after nitriding.

Regarding for this steel material, I have the experience to share with you guys, so that you could avoid the cheated by some not reliable suppliers.

Several years ago, I visited a new customer in abroad. And when we talked about the 34CrNiMo6 steel price, his first reaction was your price is too higher than other supplier. In fact, usually for the steel material price, it is very transparent in China steel market. It will be not a very big difference if it is the true material as itself. When he showed me some part info about his contract, I found what was the real reason. And his other supplier wrote the grade name 34CrNiMo6 steel on the contract, but the chemical composition did not match the 34CrNiMo6 exactly. The composition is for 4340 steel! So that supplier supplied the 4340 to him actually instead of 34CrNiMo6. It made the price different.

Therefore, hereby we sincerely have the friendly reminding to our customer friends. Please do not just focus on the price. You have to double check all the details before you sign the order contract. If you are not professional on it, you’d better to find the reliable supplier to cooperate.
Our OTAI Special steel with ISO certified origin from the brand mills in China, produced in a rigorous system and with traceability. We build ties with our customers and brand mills based on the pillars of ethics and transparency. OTAI do not give up honesty and cultivate relationships of loyalty and trust that aim at a prosperous partnership for both.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

If you want to buy 4340 steel, it is very necessary to buy it from the supplier with good reputation. It can make you without any worry on the quality and service.Our OTAI steel quality is accredited by the Thyssenkrupp, we supply the steel material to them in a long term business.

From June, for supporting our customers friends, our company have the SPECIAL OFFER on some steel grade, it is including buy 4340 steel. In fact, recently, even if some customers are still in quarantined, but their steel business never stop. And from some country, we got the news from them. The Government will raise taxes significantly in a few months time. It is to start to recover the large amounts money they have given to the population and businesses during the pandemic. So the importing taxes in the coming months will be much higher for them. Some of customers for saving on the taxes, they made the purchasing plan in advance.

And as the government advise, recently, the additional tariff taxes will be increased. It is for reducing the negative impact of the new epidemic on the national economy. And it is for protecting the import pressure facing the domestic industry. But in fact the truth is for recovering the large amounts money the government gave to the people during the pandemic. Even it is true that the money is taken from people, and it is used on people. Nowadays, there will be a large amount of people made redundant over the coming months. Especially on this difficult time, may the most important thing the government need to do is how to overcome the difficulties together. Increased the taxes at this moment, it seems that make them more difficult.

And OTAI do wish that we could go through this special difficult time together, in June, our company make the SPECIAL OFFER on buy 4340 steel and other steel grades. Hope everything will be getting better and better for all the customer friends.

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com

Regarding 4140 plate stock, OTAI maintains a daily inventory of 1,000 tons, and the inventory size is multiple. We are the largest stockist in South China. We can provide customers with large slabs, or cut them into strips according to the customer’s size requirements. And we can also do milled or turned bright surface from the 4140 plate stock. After 21 years of professional pre-sales and after-sales service, our company has received accredited quality recognition from the majority of overseas customers. And the customer placed the repeat order over 85% from our 4140 plate stock.

In fact, there are so many steel suppliers in China, and the different quality of each has led to different price levels. The quality produced by large steel mills and small steel mills is completely different. Because it is a raw material for steel, it is difficult to distinguish from the appearance alone. Only when it is really applied to the product will quality problems be discovered. Last year, many small steel mills stopped production due to production problems and the production of fake and inferior products. Some overseas customers don’t understand China’s situation is more likely to step in the pit if only focus on cheap prices.

Customer Story

There was a customer in Latin America last week. We took the initiative to contact them through the website. We learned from the conversation that the customer had bought 4140 plate stock in China before. But since he was deceived by that supplier once, he never wanted to buy it from China. He was really bitten by a snake, and he was afraid of the rope for ten years. Seeing that the guests are deceived, I really feel so sad. If he bought from us who is reliable and with a good reputation, he will avoid this happened.

Although we have no way to ask some of our other suppliers, everyone must abide by the rules of business ethics. And everyone must compete benignly, not to disrupt the situation that disrupts the market. But the only thing we OTAI can do is to do ourselves well. We need to insist on the attitude of being responsible to customers and maintain the company’s good reputation. And continue to develop with quality as the primary task for long-term development. So during these 21 years, thanks to all the customer’s friends who have accompanied us along the way. Thank you for your trust and support. OTAI will return to everyone with quality and the best service!

Tel: 0086-769-23190193

Fax: 0086-769-88705839

Email: jack@otaisteel.com